ESOP · DOL Form 5500 · 2023
Peopletec, Inc. ESOP
Data updated 2026-08-11
- $99M
- Total assets
- 513
- Participants
- 91st
- Percentile by assets
- $193,800
- Avg per participant
Official DOL plan name: Peopletec, Inc. Employee Stock Ownership Plan · Sponsored by Peopletec, Inc. · Alabama · Professional & Technical Services
$99M in assets, 513 participants
Peopletec, Inc.'s Peopletec, Inc. Employee Stock Ownership Plan reported $99M in total assets and 513 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 127,072 plans)
- #18,779 in Professional & Technical Services (20,321 peers)
Where Peopletec, Inc. Employee Stock Ownership Plan sits by assets
Peopletec, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $99M for 513 participants (~$193,800/participant), up 26.6% in 2023.
- $99M
- total plan assets (2023 EOY)
- 513
- covered participants
- 91st
- percentile by assets (of 127,072 plans)
- $193,800
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Peopletec, Inc. Employee Stock Ownership Plan reported net income rose from $10M in the plan year 2022 filing to $22M in the plan year 2023 filing.
- Peopletec, Inc. Employee Stock Ownership Plan end-of-year assets rose from $79M in the plan year 2022 filing to $99M in the plan year 2023 filing.
- Peopletec, Inc. Employee Stock Ownership Plan reported participants rose from 502 in the plan year 2022 filing to 513 in the plan year 2023 filing.
Peopletec, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution
By assets, Peopletec, Inc. Employee Stock Ownership Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $79M |
|---|---|
| Net Assets (End of Year) | $75M |
| Net Income | $22M |
| Employer EIN | 202320135 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Peopletec, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,024 | $131M |
| 2023 | 2 | 1,059 | $168M |
| 2024 | 2 | 1,147 | $202M |
Nearby ESOP Plans in Alabama
Peer ESOP plans, same state, same plan type, ranked by total assets.
Peopletec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
- Starfish Holdings, Inc. Employee Stock Ownership Plan $470M · 1,360
- Inline Electric Employee Stock Ownership Plan $196M · 287
- Radiance Technologies, Inc. Employee Stock Ownership Plan $168M · 874
- Signature Homes Employee Stock Ownership Plan $168M · 123
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub $127M · 909
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Peopletec, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Smith Seckman Reid, Inc. Employee Stock Ownership Plan (TN) $99M · 483
- Hpm Building Supply Employee Stock Ownership Plan (HI) $100M · 381
- Mrmc ESOP (TX) $100M · 1,051
- World Travel, Inc. Employee Stock Ownership Plan (PA) $99M · 497
Frequently Asked Questions
How did Peopletec, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
How have Peopletec, Inc. plan assets changed over time? ▼
Where does Peopletec, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Peopletec, Inc. Employee Stock Ownership Plan? ▼
Next read for Peopletec, Inc. Employee Stock Ownership…
Scale reading
Ways to act on Peopletec, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Peopletec, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Alabama. Compare plans
- Peopletec, Inc.'s sponsor-wide assets have grown 54.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans