ESOP · DOL Form 5500 · 2023

Synergy Enterprises, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
114
Participants Small participant base
46th
Percentile by assets National rank
$47,948
Avg per participant Low balance/head
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Official DOL plan name: Synergy Enterprises, Inc. Employee Stock Ownership Plan · Sponsored by Synergy Enterprises, Inc. · Maryland · Information & Media

$5M in assets, 114 participants

Synergy Enterprises, Inc.'s Synergy Enterprises, Inc. Employee Stock Ownership Plan reported $5M in total assets and 114 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.

  • #844 in Information & Media (2,818 peers)

Coverage in Maryland

Synergy Enterprises, Inc. Employee Stock Ownership Plan covers 114 participants in Maryland, about 12% of the average Maryland filer (state average ~929 per filing). Assets: $5M.

#844
in Information & Media (2,818 peers)
+16.5%
assets growth YoY

Synergy Enterprises, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Information & Media and all filers

Synergy Enterprises, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$5,466,109 46th percentile higher than 46% 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

Synergy Enterprises, 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. Synergy Enterprises, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (114 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Synergy Enterprises, Inc. Employee Stock Ownership Plan reported net income rose from $67K in the plan year 2022 filing to $759K in the plan year 2023 filing.
  • Synergy Enterprises, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Synergy Enterprises, Inc. Employee Stock Ownership Plan reported participants rose from 106 in the plan year 2022 filing to 114 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 043755253 · Synergy Enterprises, Inc. PY 2023 · ESOP

Synergy Enterprises, Inc. Employee Stock Ownership Plan · $5M · 114 · 46th

  • EOY $5M
  • 5500 114
  • ASSETS 46th
  • PCT ESOP
  • EIN near Die-Matic Corporation Employee Stock Ownership Plan
  • RANK ind #844

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 Maryland →

Synergy Enterprises, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Synergy Enterprises, Inc. Employee Stock Ownership PlanSynergy Enterprises, Inc. Em…$5MVirginia Integrated Communication, Inc. Employee Stock Ownership PlanVirginia Integrated Communic…$5MDel-Air Investor Employee Ownership PlanDel-Air Investor Employee Ow…$5MBennett Partners Employee Stock Ownership PlanBennett Partners Employee St…$5MDie-Matic Corporation Employee Stock Ownership PlanDie-Matic Corporation Employ…$5M
End-of-year total assets ($M) among Synergy Enterprises, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$759K
Employer EIN043755253
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Synergy Enterprises, Inc.)

Sponsor-wide plan assets over time

All Synergy Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 28.742646938340787% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $12.2M $15.7M ▲ +28.7%
Year Plans Participants Total Assets
2022 2 206 $12M
2023 2 218 $15M
2024 2 232 $16M

Nearby ESOP Plans in Maryland

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

Synergy Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Synergy Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.005466109 · Participants: 114Synergy Enterprises, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.118445961 · Participants: 1617Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.406851042 · Participants: 3046Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.335744983 · Participants: 1793Kci Technologies, Inc. Employee Stock Ownership PlanBrown Capital Management ESOP, Total assets ($B): 0.320387257 · Participants: 35Brown Capital Management ESOPLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.267392826 · Participants: 5839Lockheed Martin Corporation Capital Accumulation Plan
Synergy Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
Compare Synergy Enterprises, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Maryland, the nearest ESOP by assets is Die-Matic Corporation Employee Stock Ownership Plan in OH ($5M); by covered participants it is The Model Group Employee Stock Ownership Plan in OH (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 Synergy Enterprises, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Synergy Enterprises, Inc. Employee Stock Ownership Plan grew sharply - up 16.5% during 2023, from $5M to $5M. Reported net income was $759K.
How have Synergy Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Synergy Enterprises, Inc.'s sponsor-wide assets grew 28.7%, from $12M to $16M.
Which ESOP plans are similar in size to Synergy Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Die-Matic Corporation Employee Stock Ownership Plan in OH ($5M, 92 participants).
Which ESOP plans cover a similar participant headcount to Synergy Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Model Group Employee Stock Ownership Plan in OH (114 participants, $10M 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 043755253.

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.