ESOP · DOL Form 5500 · 2023
Techsmith Corporation ESOP
Data updated 2026-08-11
- $13M
- Total assets
- 301
- Participants
- 64th
- Percentile by assets
- $43,476
- Avg per participant
Official DOL plan name: Techsmith Corporation Employee Stock Ownership Plan · Sponsored by Techsmith Corporation · Michigan · Information & Media
$13M in assets, 301 participants
Techsmith Corporation's Techsmith Corporation Employee Stock Ownership Plan reported $13M in total assets and 301 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.
- 64th percentile by assets (of 127,072 plans)
- #1,486 in Information & Media (2,818 peers)
Coverage in Michigan
Techsmith Corporation Employee Stock Ownership Plan covers 301 participants in Michigan, about 47% of the average Michigan filer (state average ~638 per filing). Assets: $13M.
- $13M
- total plan assets (2023 EOY)
- 301
- covered participants
- 64th
- percentile by assets (of 127,072 plans)
- $43,476
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Techsmith Corporation Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
- Techsmith Corporation Employee Stock Ownership Plan reported participants rose from 273 in the plan year 2022 filing to 301 in the plan year 2023 filing.
- Techsmith Corporation Employee Stock Ownership Plan end-of-year assets fell from $13M in the plan year 2022 filing to $13M in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Techsmith Corporation Employee Stock Ownership Plan reports 301 participants - about 47% of that state average ($13M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | $1M |
| Employer EIN | 382776204 |
| Plan Effective Date | 2021-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Techsmith Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 578 | $60M |
| 2023 | 2 | 622 | $72M |
| 2024 | 2 | 584 | $78M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
Techsmith Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Techsmith Corporation Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Techsmith Corporation Employee Stock Ownership Plan's numbers.
- By total assets, Techsmith Corporation 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 Michigan. Compare plans
- Techsmith Corporation's sponsor-wide assets have grown 29.9% since 2022 across 3 plan years on file. More Information & Media plans