ESOP · DOL Form 5500 · 2023

Tech Systems ESOP

Data updated 2026-08-25

$34M
Total assets Below avg plan size
325
Participants Below avg headcount
81st
Percentile by assets National rank
$104,331
Avg per participant Below avg balance/head
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Official DOL plan name: Tech Systems, Inc. Employee Stock Ownership Plan · Sponsored by Tech Systems · Georgia · Professional & Technical Services

$34M in assets, 325 participants

Tech Systems's Tech Systems, Inc. Employee Stock Ownership Plan reported $34M in total assets and 325 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,571 in Professional & Technical Services (20,321 peers)

Coverage in Georgia

Tech Systems, Inc. Employee Stock Ownership Plan covers 325 participants in Georgia, about 30% of the average Georgia filer (state average ~1,096 per filing). Assets: $34M.

#16,571
in Professional & Technical Services (20,321 peers)
+64.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Tech Systems, Inc. Employee Stock Ownership Plan's outsized position by total assets

Tech Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$33,907,438 Top 19% higher than 81% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Tech Systems, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tech Systems, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (325 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tech Systems, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Tech Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Tech Systems, Inc. Employee Stock Ownership Plan reported participants rose from 297 in the plan year 2022 filing to 325 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 581895929 · Tech Systems PY 2023 · ESOP

Tech Systems, Inc. Employee Stock Ownership Plan · $34M · 325 · 81st

  • RANK $34M
  • PHOTO 325
  • IND 81st
  • EOY ESOP
  • 5500 near T.W. Frierson Contractor, Inc. Employee Stock Ownership Plan
  • ASSETS ind #16571

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 Georgia →

Tech Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Pala Group, Inc. Employee Stock Ownership PlanPala Group, Inc. Employee St…$34MEmerald Asset Management Employee Stock Ownership PlanEmerald Asset Management Emp…$34MTech Systems, Inc. Employee Stock Ownership PlanTech Systems, Inc. Employee …$34MT.W. Frierson Contractor, Inc. Employee Stock Ownership PlanT.W. Frierson Contractor, In…$34MFirst Citizens Financial Corp Employee Stock Ownership PlanFirst Citizens Financial Cor…$34M
End-of-year total assets ($M) among Tech Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Georgia filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$33M
Net Income$13M
Employer EIN581895929
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech Systems)

Sponsor-wide plan assets over time

All Tech Systems plans reported in each filing year

Latest sponsor-wide plan assets
$66M 88.4899442055019% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $35.1M $66.2M ▲ +88.5%
Year Plans Participants Total Assets
2022 2 594 $35M
2023 2 662 $53M
2024 2 752 $66M

Nearby ESOP Plans in Georgia

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

Tech Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0200400600800 Total assets ($M) Participants Tech Systems, Inc. Employee Stock Ownership Plan, Total assets ($M): 33.907438 · Participants: 325Tech Systems, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 664.601691 · Participants: 1772Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 407.968435 · Participants: 454Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 366.989824 · Participants: 439Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 222.074562 · Participants: 424Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 208.200343 · Participants: 327Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Tech Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Tech Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Tech Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is T.W. Frierson Contractor, Inc. Employee Stock Ownership Plan in TN ($34M); by covered participants it is Port Amherst, Ltd. Employee Stock Ownership Plan in WV (325 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (325 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Tech Systems, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Tech Systems, Inc. Employee Stock Ownership Plan surged - up 64.7% during 2023, from $21M to $34M. Reported net income was $13M.
How have Tech Systems plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tech Systems's sponsor-wide assets grew 88.5%, from $35M to $66M.
Where does Tech Systems, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Tech Systems, Inc. Employee Stock Ownership Plan ranks in the 81st 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 Tech Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is T.W. Frierson Contractor, Inc. Employee Stock Ownership Plan in TN ($34M, 143 participants).
Which ESOP plans cover a similar participant headcount to Tech Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Port Amherst, Ltd. Employee Stock Ownership Plan in WV (325 participants, $43M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581895929.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.