ESOP · DOL Form 5500 · 2023
Sechan Electronics, Inc. ESOP
Data updated 2026-08-11
- $43M
- Total assets
- 271
- Participants
- 84th
- Percentile by assets
- $159,050
- Avg per participant
Official DOL plan name: Sechan Electronics, Inc. Employee Stock Ownership Plan · Sponsored by Sechan Electronics, Inc. · Pennsylvania · Manufacturing
$43M in assets, 271 participants
Sechan Electronics, Inc.'s Sechan Electronics, Inc. Employee Stock Ownership Plan reported $43M in total assets and 271 participants in its 2023 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 84th percentile by assets (of 127,072 plans)
- #14,415 in Manufacturing (18,722 peers)
Coverage in Pennsylvania
Sechan Electronics, Inc. Employee Stock Ownership Plan covers 271 participants in Pennsylvania, about 33% of the average Pennsylvania filer (state average ~822 per filing). Assets: $43M.
- $43M
- total plan assets (2023 EOY)
- 271
- covered participants
- 84th
- percentile by assets (of 127,072 plans)
- $159,050
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sechan Electronics, Inc. Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Sechan Electronics, Inc. Employee Stock Ownership Plan end-of-year assets rose from $39M in the plan year 2022 filing to $43M in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Sechan Electronics, Inc. Employee Stock Ownership Plan reports 271 participants - about 33% of that state average ($43M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $43M |
| Net Income | $5M |
| Employer EIN | 232336672 |
| Plan Effective Date | 1988-10-21 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sechan Electronics, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 600 | $59M |
| 2023 | 2 | 560 | $64M |
| 2024 | 2 | 554 | $66M |
Nearby ESOP Plans in Pennsylvania
Peer ESOP plans, same state, same plan type, ranked by total assets.
Sechan Electronics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
- Wawa, Inc. Employee Stock Ownership Plan $5.3B · 42,695
- Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.6B · 342
- Centimark Corporation Employee Stock Ownership Plan and Trust $687M · 2,353
- Sheetz, Inc. Employee Stock Ownership Plan $686M · 13,858
- D & H Employee Stock Ownership Plan $289M · 1,461
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Sechan Electronics, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Re/Spec Inc. Employee Stock Ownership Plan (SD) $43M · 471
- Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust (MN) $43M · 109
- Abbey Paving and Sealcoating Co. Employee Stock Ownership Plan (IL) $43M · 155
- Zink Foodservice Group, Inc. Employee Stock Ownership Plan and Trust (OH) $43M · 83
Frequently Asked Questions
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Filing takeaways
Ways to act on Sechan Electronics, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Sechan Electronics, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
- Sechan Electronics, Inc.'s sponsor-wide assets have grown 11.1% since 2022 across 3 plan years on file. More Manufacturing plans