ESOP · DOL Form 5500 · 2023
Elastec, Inc. ESOP
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 88
- Participants Small participant base
- 29th
- Percentile by assets National rank
- $19,423
- Avg per participant Low balance/head
Official DOL plan name: Elastec, Inc. Employee Stock Ownership Plan · Sponsored by Elastec, Inc. · Illinois · Professional & Technical Services
$2M in assets, 88 participants
Elastec, Inc.'s Elastec, Inc. Employee Stock Ownership Plan reported $2M in total assets and 88 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.
- #4,932 in Professional & Technical Services (20,321 peers)
Elastec, Inc. multi-year trail
Elastec, Inc.'s plans moved -26.4% in assets from 2022 to 2024; this filing shows Elastec, Inc. Employee Stock Ownership Plan at $2M / 88 participants.
- #4,932
- in Professional & Technical Services (20,321 peers)
- -$11M
- reported net income
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Elastec, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets
Elastec, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,709,221 29th percentile higher than 29% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Elastec, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Elastec, Inc. Employee Stock Ownership Plan is a small filing (88 participants) on this national headcount ladder.
EBSA filing schedule strip
Filing strip 371264086 · Elastec, Inc. PY 2023 · ESOP
Elastec, Inc. Employee Stock Ownership Plan · $2M · 88 · 29th
- NET $2M
- NET 88
- NET 29th
- NET ESOP
- NET near Deer Valley Sports Employee Stock Ownership Plan
- NET ind #4932
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 →
Elastec, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Elastec, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Elastec, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 26.439386390278802% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 100 | $4M |
| 2023 | 1 | 88 | $2M |
| 2024 | 1 | 90 | $3M |
Elastec, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | -$11M |
| Net Income | -$11M |
| Employer EIN | 371264086 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Amsted Industries Incorporated Employees' Stock Ownership Plan $4.4B · 4,738
- Kehe Distributors, Inc. Employee Stock Ownership Plan $1.6B · 4,251
- Scot Forge Company Employee Stock Ownership Plan $1.2B · 486
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
Elastec, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Illinois, the nearest ESOP by assets is Deer Valley Sports Employee Stock Ownership Plan in NC ($2M); by covered participants it is Scheduling Institute, Inc. Employee Stock Ownership Plan in GA (88 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (88 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.