ESOP · DOL Form 5500 · 2023

Iec Corporation ESOP

Data updated 2026-08-25

$208M
Total assets Near avg plan size
1,422
Participants Near avg headcount
95th
Percentile by assets National rank
$145,976
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Iec Corporation Employee Stock Ownership Plan · Sponsored by Iec Corporation · California · Educational Services

$208M in assets, 1,422 participants

Iec Corporation's Iec Corporation Employee Stock Ownership Plan reported $208M in total assets and 1,422 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #3,419 in Educational Services (3,735 peers)

Coverage in California

Iec Corporation Employee Stock Ownership Plan covers 1,422 participants in California, 2.3x the typical California plan (state average ~630 per filing). Assets: $208M.

#3,419
in Educational Services (3,735 peers)
-19.9%
assets change YoY
2.1×
vs typical plan assets (national mean)

The plan reported a net loss of $50M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Iec Corporation Employee Stock Ownership Plan's outsized position by total assets

Iec Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$207,578,020 Top 5% higher than 95% 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

Iec Corporation Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Iec Corporation Employee Stock Ownership Plan lands in the large band (1,422 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Iec Corporation Employee Stock Ownership Plan reported net income fell from $74M in the plan year 2022 filing to -$50M in the plan year 2023 filing.
  • Iec Corporation Employee Stock Ownership Plan end-of-year assets fell from $259M in the plan year 2022 filing to $208M in the plan year 2023 filing.
  • Iec Corporation Employee Stock Ownership Plan reported participants rose from 1,222 in the plan year 2022 filing to 1,422 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 330807482 · Iec Corporation PY 2023 · ESOP

Iec Corporation Employee Stock Ownership Plan · $208M · 1,422 · 95th

  • SCH $208M
  • EBSA 1,422
  • PART 95th
  • TYPE ESOP
  • NET near Dixie Plywood and Lumber Company Employee Stock Ownership Plan
  • BOOK ind #3419

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 California →

Iec Corporation Employee Stock Ownership Plan in the asset neighbourhood

Brown Strauss, Inc. Employee Stock Ownership PlanBrown Strauss, Inc. Employee…$209MDavid Clark Employee Stock Ownership PlanDavid Clark Employee Stock O…$209MDixie Plywood and Lumber Company Employee Stock Ownership PlanDixie Plywood and Lumber Com…$208MIec Corporation Employee Stock Ownership PlanIec Corporation Employee Sto…$208MHb Global Employee Stock Ownership PlanHb Global Employee Stock Own…$205M
End-of-year total assets ($M) among Iec Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$259M
Net Assets (End of Year)$141M
Net Income-$50M
Employer EIN330807482
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iec Corporation)

Sponsor-wide plan assets over time

All Iec Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$286M 0.45035180542576214% vs 2022
2024 filing year
$220M$240M$260M$280M$300M 202220232024 $285M $286M ▲ +0.4%
Year Plans Participants Total Assets
2022 2 3,430 $285M
2023 2 3,749 $240M
2024 2 3,660 $286M

Nearby ESOP Plans in California

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

Iec Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 01234 Total assets ($B) Participants Iec Corporation Employee Stock Ownership Plan, Total assets ($B): 0.20757802 · Participants: 1422Iec Corporation Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Iec Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Iec Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Dixie Plywood and Lumber Company Employee Stock Ownership Plan in GA ($208M); by covered participants it is Hypertherm Associate Stock Ownership Plan in NH (1,417 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,422 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 Iec Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Iec Corporation Employee Stock Ownership Plan declined sharply - down 19.9% during 2023, from $259M to $208M. Reported net income was -$50M.
How have Iec Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Iec Corporation's sponsor-wide assets grew 0.5%, from $285M to $286M.
Where does Iec Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Iec Corporation Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Iec Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Dixie Plywood and Lumber Company Employee Stock Ownership Plan in GA ($208M, 327 participants).
Which ESOP plans cover a similar participant headcount to Iec Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Hypertherm Associate Stock Ownership Plan in NH (1,417 participants, $1.0B 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 330807482.

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.