ESOP · DOL Form 5500 · 2023

Thermoflex Corporation ESOP

Data updated 2026-08-11

$109M
Total assets
418
Participants
92nd
Percentile by assets
$260,715
Avg per participant
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Official DOL plan name: Thermoflex Corporation Employee Stock Ownership Plan · Sponsored by Thermoflex Corporation · Illinois · Manufacturing

$109M in assets, 418 participants

Thermoflex Corporation's Thermoflex Corporation Employee Stock Ownership Plan reported $109M in total assets and 418 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #16,411 in Manufacturing (18,722 peers)

Where Thermoflex Corporation Employee Stock Ownership Plan sits by assets

Thermoflex Corporation Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $109M for 418 participants (~$260,715/participant), up 140.5% in 2023.

$109M
total plan assets (2023 EOY)
418
covered participants
92nd
percentile by assets (of 127,072 plans)
$260,715
avg assets per participant

Where Thermoflex Corporation Employee Stock Ownership Plan sits by total assets

Thermoflex Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$108,978,852 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Thermoflex Corporation Employee Stock Ownership Plan reported net income rose from -$60M in the plan year 2022 filing to $64M in the plan year 2023 filing.
  • Thermoflex Corporation Employee Stock Ownership Plan end-of-year assets rose from $45M in the plan year 2022 filing to $109M in the plan year 2023 filing.
  • Thermoflex Corporation Employee Stock Ownership Plan reported participants rose from 407 in the plan year 2022 filing to 418 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Illinois
Industry
Manufacturing

Thermoflex Corporation Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Thermoflex Corporation Employee Stock Ownership Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$100M
Net Income$64M
Employer EIN363734832
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thermoflex Corporation)

$40M$60M$80M$100M$120M$140M 202220232024 $51.7M $112M ▲ +116.4%
Total plan assets by year, all Thermoflex Corporation plans on file
Year Plans Participants Total Assets
2022 2 1,103 $52M
2023 2 1,105 $118M
2024 2 1,246 $112M

Nearby ESOP Plans in Illinois

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

Thermoflex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Thermoflex Corporati…, Total assets ($B): 0.108978852 · Participants: 418Thermoflex Corporati…Amsted Industries In…, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries In…Kehe Distributors, I…, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, I…Scot Forge Company E…, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company E…Bdo USA Employee Sto…, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Sto…Bdo USA Employee Sto…, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Sto…
Thermoflex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Thermoflex Corporation Employee Stock Ow… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Thermoflex Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Thermoflex Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Thermoflex Corporation Employee Stock Ownership Plan surged - up 140.5% during 2023, from $45M to $109M. Reported net income was $64M.
How have Thermoflex Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Thermoflex Corporation's sponsor-wide assets grew 116.4%, from $52M to $112M.
Where does Thermoflex Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Thermoflex Corporation Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Thermoflex Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is All American Quality Foods Inc Employee Stock Ownership Plan in GA ($109M, 1,141 participants).

Next read for Thermoflex Corporation Employee Stock Ow…

Scale reading

Ways to act on Thermoflex Corporation Employee Stock Ownership Plan's numbers.

  • By total assets, Thermoflex Corporation Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
  • Thermoflex Corporation's sponsor-wide assets have grown 116.4% since 2022 across 3 plan years on file. More Manufacturing plans

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 363734832.

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.