ESOP · DOL Form 5500 · 2023
Royal Technologies Corporation ESOP
Data updated 2026-08-25
- $135M
- Total assets Near avg plan size
- 1,049
- Participants Near avg headcount
- 93rd
- Percentile by assets National rank
- $129,152
- Avg per participant Near avg balance/head
Official DOL plan name: Royal Technologies Corporation Employee Stock Ownership Plan · Sponsored by Royal Technologies Corporation · Michigan · Manufacturing
$135M in assets, 1,049 participants
Royal Technologies Corporation's Royal Technologies Corporation Employee Stock Ownership Plan reported $135M in total assets and 1,049 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- #16,727 in Manufacturing (18,722 peers)
Where Royal Technologies Corporation Employee Stock Ownership Plan sits by assets
Royal Technologies Corporation Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $135M for 1,049 participants (~$129,152/participant), down 11.3% in 2023.
- #16,727
- in Manufacturing (18,722 peers)
- -11.3%
- assets change YoY
- 1.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Royal Technologies Corporation Employee Stock Ownership Plan's outsized position by total assets
Royal Technologies Corporation Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$135,480,736 Top 7% higher than 93% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Royal Technologies Corporation Employee Stock Ownership Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Royal Technologies Corporation Employee Stock Ownership Plan lands in the large band (1,049 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Royal Technologies Corporation Employee Stock Ownership Plan reported net income rose from -$39M in the plan year 2022 filing to -$17M in the plan year 2023 filing.
- Royal Technologies Corporation Employee Stock Ownership Plan end-of-year assets fell from $153M in the plan year 2022 filing to $135M in the plan year 2023 filing.
- Royal Technologies Corporation Employee Stock Ownership Plan reported participants fell from 1,128 in the plan year 2022 filing to 1,049 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 382726351 · Royal Technologies Corporation PY 2023 · ESOP
Royal Technologies Corporation Employee Stock Ownership Plan · $135M · 1,049 · 93rd
- EIN $135M
- RANK 1,049
- PHOTO 93rd
- IND ESOP
- EOY near Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
- 5500 ind #16727
Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Michigan →
Royal Technologies Corporation Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $153M |
|---|---|
| Net Assets (End of Year) | $135M |
| Net Income | -$17M |
| Employer EIN | 382726351 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Royal Technologies Corporation)
Sponsor-wide plan assets over time
All Royal Technologies Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $193M 1.2911087403334676% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,279 | $195M |
| 2023 | 2 | 2,223 | $187M |
| 2024 | 2 | 2,241 | $193M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Royal Technologies Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan in IN ($135M); by covered participants it is Conair LLC Savings and Investment Plan in NJ (1,050 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($135M here).
- Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan (IN) $135M · 558
- Technology Service Corporation Employee Stock Ownership Plan (VA) $135M · 562
- Globe Engineering Co Inc Employee Stock Ownership Plan and Trust (KS) $136M · 236
- Third Federal Savings Associate Stock Ownership Plan (OH) $136M · 976
Similar participant headcount
Nearest other-state filings by covered participants (1,049 participants); asset peers above are excluded.
- Conair LLC Savings and Investment Plan (NJ) 1,050 · 1 off
- Mrmc ESOP (TX) 1,051 · 2 off
- Henderson Companies Employee Stock Ownership Plan (KS) 1,047 · 2 off
- B & I Contractors, Inc. Employee Stock Ownership Plan (FL) 1,046 · 3 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.