ESOP · DOL Form 5500 · 2023

Keltech, Inc. ESOP

Data updated 2026-08-11

$11M
Total assets
81
Participants
60th
Percentile by assets
$129,697
Avg per participant
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Official DOL plan name: Keltech, Inc. Employee Stock Ownership Plan · Sponsored by Keltech, Inc. · Virginia · Manufacturing

$11M in assets, 81 participants

Keltech, Inc.'s Keltech, Inc. Employee Stock Ownership Plan reported $11M in total assets and 81 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 127,072 plans)
  • #8,639 in Manufacturing (18,722 peers)

Keltech, Inc. multi-year trail

Keltech, Inc.'s plans moved +50.8% in assets from 2022 to 2024; this filing shows Keltech, Inc. Employee Stock Ownership Plan at $11M / 81 participants.

$11M
total plan assets (2023 EOY)
81
covered participants
60th
percentile by assets (of 127,072 plans)
$129,697
avg assets per participant

Where Keltech, Inc. Employee Stock Ownership Plan sits by total assets

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

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

$10,505,458 Top 40% higher than 60% 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

  • Keltech, Inc. Employee Stock Ownership Plan reported net income rose from $556K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Keltech, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Keltech, Inc. Employee Stock Ownership Plan reported participants fell from 82 in the plan year 2022 filing to 81 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Keltech, Inc. across 3 plan years on file

Across the 3 plan years Keltech, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $9M to $13M, a gain of 50.8%, while reported participants moved from 82 to 103 (+25.6%). Peak year by sponsor assets: 2024 ($13M); trough: 2022 ($9M).

Keltech, Inc. multi-year asset trail

$8M$10M$12M$14M 202220232024 $8.87M $13.4M ▲ +50.8%
Total plan assets by year, all Keltech, Inc. plans on file
Year Plans Participants Total Assets
2022 1 82 $9M
2023 1 81 $11M
2024 1 103 $13M

Keltech, Inc. filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN541491281
Plan Effective Date2006-11-06
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Keltech, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Keltech, Inc. Employ…, Total assets ($B): 0.010505458 · Participants: 81Keltech, Inc. Employ…Nvr, Inc. Employee S…, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee S…The Resorts Companie…, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companie…American Systems Cor…, Total assets ($B): 0.331314714 · Participants: 1782American Systems Cor…Modern Technology So…, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology So…New River Electrical…, Total assets ($B): 0.320954252 · Participants: 444New River Electrical…
Keltech, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Keltech, Inc. Employee Stock Ownership Plan assets move in 2023?
Keltech, Inc. Employee Stock Ownership Plan grew sharply - up 18.5% during 2023, from $9M to $11M. Reported net income was $2M.
How have Keltech, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Keltech, Inc.'s sponsor-wide assets grew 50.8%, from $9M to $13M.
Which ESOP plans are similar in size to Keltech, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Kurtz Bros. Employee Stock Ownership Plan in PA ($11M, 53 participants).

Next read for Keltech, Inc. Employee Stock Ownership P…

Multi-year trail

Ways to act on Keltech, Inc. Employee Stock Ownership Plan's numbers.