ESOP · DOL Form 5500 · 2023

Hyspeco, Inc. ESOP

Data updated 2026-08-11

$23M
Total assets
133
Participants
75th
Percentile by assets
$175,789
Avg per participant
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Official DOL plan name: Hyspeco, Inc. Employees Stock Ownership Plan · Sponsored by Hyspeco, Inc. · Kansas · Wholesale Trade

$23M in assets, 133 participants

Hyspeco, Inc.'s Hyspeco, Inc. Employees Stock Ownership Plan reported $23M in total assets and 133 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 127,072 plans)
  • #4,629 in Wholesale Trade (6,309 peers)

Coverage in Kansas

Hyspeco, Inc. Employees Stock Ownership Plan covers 133 participants in Kansas, about 37% of the average Kansas filer (state average ~360 per filing). Assets: $23M.

$23M
total plan assets (2023 EOY)
133
covered participants
75th
percentile by assets (of 127,072 plans)
$175,789
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hyspeco, Inc. Employees Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Hyspeco, Inc. Employees Stock Ownership Plan end-of-year assets rose from $18M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Hyspeco, Inc. Employees Stock Ownership Plan reported participants rose from 124 in the plan year 2022 filing to 133 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Kansas filers

In Kansas, the average filing covers about 360 participants across 1,174 plans. Hyspeco, Inc. Employees Stock Ownership Plan reports 133 participants - about 37% of that state average ($23M EOY assets).

Kansas filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$5M
Employer EIN480772539
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hyspeco, Inc.)

$20M$25M$30M$35M$40M 202220232024 $23.7M $35.2M ▲ +48.3%
Total plan assets by year, all Hyspeco, Inc. plans on file
Year Plans Participants Total Assets
2022 2 254 $24M
2023 2 277 $31M
2024 2 335 $35M

Nearby ESOP Plans in Kansas

Peer ESOP plans, same state, same plan type, ranked by total assets.

Hyspeco, Inc. Employees Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants

Hyspeco, Inc. Employees Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants Scatter plot of 6 data points. 0200400600800 0100200300400 Total assets ($M) Participants Hyspeco, Inc. Employ…Pbi-Gordon Companies…Harcros Chemicals, I…Mmc Corp Employee St…Globe Engineering Co…Inland Truck Parts C…
Hyspeco, Inc. Employees Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hyspeco, Inc. Employees Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Hyspeco, Inc. Employees Stock Ownership Plan assets move in 2023?
Hyspeco, Inc. Employees Stock Ownership Plan grew sharply - up 29.7% during 2023, from $18M to $23M. Reported net income was $5M.
How have Hyspeco, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hyspeco, Inc.'s sponsor-wide assets grew 48.3%, from $24M to $35M.
Where does Hyspeco, Inc. Employees Stock Ownership Plan rank by assets among Form 5500 filers?
Hyspeco, Inc. Employees Stock Ownership Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Hyspeco, Inc. Employees Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Pumping Services, Incorporated Employee Stock Ownership Plan in NJ ($23M, 65 participants).

Next read for Hyspeco, Inc. Employees Stock Ownership …

Filing takeaways

Ways to act on Hyspeco, Inc. Employees Stock Ownership Plan's numbers.