ESOP · DOL Form 5500 · 2023
Simventions, Inc. ESOP
Data updated 2026-08-11
- $19M
- Total assets
- 333
- Participants
- 71st
- Percentile by assets
- $55,978
- Avg per participant
Official DOL plan name: Simventions, Inc. Employee Stock Ownership Plan · Sponsored by Simventions, Inc. · Virginia · Professional & Technical Services
$19M in assets, 333 participants
Simventions, Inc.'s Simventions, Inc. Employee Stock Ownership Plan reported $19M in total assets and 333 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.
- 71st percentile by assets (of 127,072 plans)
- #14,418 in Professional & Technical Services (20,321 peers)
Coverage in Virginia
Simventions, Inc. Employee Stock Ownership Plan covers 333 participants in Virginia, about 43% of the average Virginia filer (state average ~782 per filing). Assets: $19M.
- $19M
- total plan assets (2023 EOY)
- 333
- covered participants
- 71st
- percentile by assets (of 127,072 plans)
- $55,978
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Simventions, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Simventions, Inc. Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Simventions, Inc. Employee Stock Ownership Plan reported participants rose from 304 in the plan year 2022 filing to 333 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Simventions, Inc. Employee Stock Ownership Plan reports 333 participants - about 43% of that state average ($19M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $8M |
| Net Income | $8M |
| Employer EIN | 541992646 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Simventions, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 620 | $49M |
| 2023 | 2 | 663 | $66M |
| 2024 | 2 | 738 | $83M |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
Simventions, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
- Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
- The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
- American Systems Corporation Employee Stock Ownership Plan $331M · 1,782
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $322M · 1,652
- New River Electrical Corporation Employee Stock Ownership Plan $321M · 444
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Simventions, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Simventions, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Simventions, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
- Simventions, Inc.'s sponsor-wide assets have grown 68.1% since 2022 across 3 plan years on file. More Professional & Technical Services plans