ESOP · DOL Form 5500 · 2023

Thermoflex Corporation ESOP

Data updated 2026-08-25

$109M
Total assets Near avg plan size
418
Participants Below avg headcount
92nd
Percentile by assets National rank
$260,715
Avg per participant Above avg balance/head
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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.

  • #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.

#16,411
in Manufacturing (18,722 peers)
+140.5%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Thermoflex Corporation Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Thermoflex Corporation 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. Thermoflex Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (418 participants).

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 →

EBSA filing schedule strip

Filing strip 363734832 · Thermoflex Corporation PY 2023 · ESOP

Thermoflex Corporation Employee Stock Ownership Plan · $109M · 418 · 92nd

  • SCH $109M
  • EBSA 418
  • PART 92nd
  • TYPE ESOP
  • NET near All American Quality Foods Inc Employee Stock Ownership Plan
  • BOOK ind #16411

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 Illinois →

Thermoflex Corporation Employee Stock Ownership Plan in the asset neighbourhood

Thermoflex Corporation Employee Stock Ownership PlanThermoflex Corporation Emplo…$109MAll American Quality Foods Inc Employee Stock Ownership PlanAll American Quality Foods I…$109MAmerican Legend Services, Inc. Employee Stock Ownership PlanAmerican Legend Services, In…$108MLetner Roofing Company Employee Stock Ownership PlanLetner Roofing Company Emplo…$108MBraun Intertec ESOP Retirement PlanBraun Intertec ESOP Retireme…$108M
End-of-year total assets ($M) among Thermoflex Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Thermoflex Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$112M 116.41932302225007% vs 2022
2024 filing year
$40M$60M$80M$100M$120M$140M 202220232024 $51.7M $112M ▲ +116.4%
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 ($B) Participants Thermoflex Corporation Employee Stock Ownership Plan, Total assets ($B): 0.108978852 · Participants: 418Thermoflex Corporation Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Thermoflex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Thermoflex Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Thermoflex Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is All American Quality Foods Inc Employee Stock Ownership Plan in GA ($109M); by covered participants it is Gutchess Lumber Employee Stock Ownership Plan in NY (418 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (418 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 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).
Which ESOP plans cover a similar participant headcount to Thermoflex Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gutchess Lumber Employee Stock Ownership Plan in NY (418 participants, $23M 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 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.