ESOP · DOL Form 5500 · 2023

Tecnico Corporation ESOP

Data updated 2026-08-25

$97M
Total assets Below avg plan size
533
Participants Below avg headcount
91st
Percentile by assets National rank
$182,751
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tecnico Corporation Employee Stock Ownership Plan · Sponsored by Tecnico Corporation · Virginia · Manufacturing

$97M in assets, 533 participants

Tecnico Corporation's Tecnico Corporation Employee Stock Ownership Plan reported $97M in total assets and 533 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.

  • #16,209 in Manufacturing (18,722 peers)

Where Tecnico Corporation Employee Stock Ownership Plan sits by assets

Tecnico Corporation Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $97M for 533 participants (~$182,751/participant), up 17.1% in 2023.

#16,209
in Manufacturing (18,722 peers)
+17.1%
assets growth YoY
1.0×
vs typical plan assets (national mean)

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

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

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

$97,406,490 Top 9% higher than 91% 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

Tecnico Corporation 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. Tecnico Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (533 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tecnico Corporation Employee Stock Ownership Plan reported net income rose from -$997K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Tecnico Corporation Employee Stock Ownership Plan end-of-year assets rose from $83M in the plan year 2022 filing to $97M in the plan year 2023 filing.
  • Tecnico Corporation Employee Stock Ownership Plan reported participants fell from 608 in the plan year 2022 filing to 533 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 541571418 · Tecnico Corporation PY 2023 · ESOP

Tecnico Corporation Employee Stock Ownership Plan · $97M · 533 · 91st

  • EOY $97M
  • 5500 533
  • ASSETS 91st
  • PCT ESOP
  • EIN near North State Grocery, Inc. Employee Stock Ownership Plan
  • RANK ind #16209

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 Virginia →

Tecnico Corporation Employee Stock Ownership Plan in the asset neighbourhood

Physical Sciences Inc. Employee Stock Ownership PlanPhysical Sciences Inc. Emplo…$98MBerkel & Company Contractors, Inc. Employee Stock Ownership PlanBerkel & Company Contractors…$98MTecnico Corporation Employee Stock Ownership PlanTecnico Corporation Employee…$97MNorth State Grocery, Inc. Employee Stock Ownership PlanNorth State Grocery, Inc. Em…$97MCorgan Employee Stock Ownership PlanCorgan Employee Stock Owners…$97M
End-of-year total assets ($M) among Tecnico Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$83M
Net Assets (End of Year)$68M
Net Income$3M
Employer EIN541571418
Plan Effective Date2014-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Tecnico Corporation)

Sponsor-wide plan assets over time

All Tecnico Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$124M 9.841189397157033% vs 2022
2024 filing year
$110M$120M$130M$140M 202220232024 $113M $124M ▲ +9.8%
Year Plans Participants Total Assets
2022 2 1,291 $113M
2023 2 1,136 $129M
2024 2 1,091 $124M

Nearby ESOP Plans in Virginia

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

Tecnico Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. 02000400060008000 00.511.5 Total assets ($B) Participants Tecnico Corporation Employee Stock Ownership Plan, Total assets ($B): 0.09740649 · Participants: 533Tecnico Corporation Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Tecnico Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Tecnico Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest ESOP by assets is North State Grocery, Inc. Employee Stock Ownership Plan in CA ($97M); by covered participants it is M. B. Haynes Corporation Employee Stock Ownership Plan in NC (533 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (533 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 Tecnico Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Tecnico Corporation Employee Stock Ownership Plan grew sharply - up 17.1% during 2023, from $83M to $97M. Reported net income was $3M.
How have Tecnico Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tecnico Corporation's sponsor-wide assets grew 9.8%, from $113M to $124M.
Where does Tecnico Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Tecnico Corporation Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Tecnico Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is North State Grocery, Inc. Employee Stock Ownership Plan in CA ($97M, 621 participants).
Which ESOP plans cover a similar participant headcount to Tecnico Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is M. B. Haynes Corporation Employee Stock Ownership Plan in NC (533 participants, $56M 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 541571418.

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.