ESOP · DOL Form 5500 · 2023

Scitec, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
307
Participants Below avg headcount
66th
Percentile by assets National rank
$46,984
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Scitec, Inc. Employee Stock Ownership Plan · Sponsored by Scitec, Inc. · New Jersey · Professional & Technical Services

$14M in assets, 307 participants

Scitec, Inc.'s Scitec, Inc. Employee Stock Ownership Plan reported $14M in total assets and 307 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #13,350 in Professional & Technical Services (20,321 peers)

Coverage in New Jersey

Scitec, Inc. Employee Stock Ownership Plan covers 307 participants in New Jersey, about 36% of the average New Jersey filer (state average ~844 per filing). Assets: $14M.

#13,350
in Professional & Technical Services (20,321 peers)
-$411K
reported net income

The plan reported a net loss of $411K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scitec, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$14,424,000 Top 34% higher than 66% 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

Scitec, Inc. 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. Scitec, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (307 participants).

Published 5500 schedule card

Filing strip 222255328 · Scitec, Inc. PY 2023 · ESOP

Scitec, Inc. Employee Stock Ownership Plan · $14M · 307 · 66th

  • EBSA $14M
  • PART 307
  • TYPE 66th
  • NET ESOP
  • BOOK near Rjn Group, Inc. Employee Stock Ownership Plan
  • VS-ST ind #13350

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 New Jersey →

Scitec, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Scitec, Inc. Employee Stock Ownership PlanScitec, Inc. Employee Stock …$14MRjn Group, Inc. Employee Stock Ownership PlanRjn Group, Inc. Employee Sto…$14MStg Design Employee Stock Ownership PlanStg Design Employee Stock Ow…$14MCommodity Trucking Employee Stock Ownership PlanCommodity Trucking Employee …$14MMgs Contracting, Inc. Employee Stock Ownership PlanMgs Contracting, Inc. Employ…$14M
End-of-year total assets ($M) among Scitec, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$411K
Net Income-$411K
Employer EIN222255328
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scitec, Inc.)

Sponsor-wide plan assets over time

All Scitec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$104M 225.08002590691314% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $32M $104M ▲ +225.0%
Year Plans Participants Total Assets
2022 1 154 $32M
2023 2 506 $59M
2024 2 610 $104M

Nearby ESOP Plans in New Jersey

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

Scitec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -1000100200300400500 Total assets ($M) Participants Scitec, Inc. Employee Stock Ownership Plan, Total assets ($M): 14.424 · Participants: 307Scitec, Inc. Employee Stock Ownership PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 420.904787 · Participants: 1127Okonite Company Employees Stock Ownership PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 309.109417 · Participants: 1571Mathematica Group Holding Inc. Employee Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 300.696739 · Participants: 1050Conair LLC Savings and Investment PlanAmboy Bancorporation Employee Stock Ownership Plan, Total assets ($M): 106.542135 · Participants: 193Amboy Bancorporation Employee Stock Ownership PlanColumbia Bank Employee Stock Ownership Plan, Total assets ($M): 85.571031 · Participants: 729Columbia Bank Employee Stock Ownership Plan
Scitec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare Scitec, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Scitec, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Jersey, the nearest ESOP by assets is Rjn Group, Inc. Employee Stock Ownership Plan in IL ($14M); by covered participants it is International Cars Employee Stock Ownership Plan in MA (307 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (307 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 have Scitec, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scitec, Inc.'s sponsor-wide assets grew 225.1%, from $32M to $104M.
Which ESOP plans are similar in size to Scitec, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Rjn Group, Inc. Employee Stock Ownership Plan in IL ($14M, 151 participants).
Which ESOP plans cover a similar participant headcount to Scitec, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is International Cars Employee Stock Ownership Plan in MA (307 participants, $30M 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 222255328.

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.