ESOP · DOL Form 5500 · 2023

Scientific Systems Company, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
108
Participants Small participant base
31st
Percentile by assets National rank
$18,701
Avg per participant Low balance/head
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Official DOL plan name: Scientific Systems Company, Inc. Employee Stock Ownership Plan · Sponsored by Scientific Systems Company, Inc. · Massachusetts · Professional & Technical Services

$2M in assets, 108 participants

Scientific Systems Company, Inc.'s Scientific Systems Company, Inc. Employee Stock Ownership Plan reported $2M in total assets and 108 participants in its 2023 DOL Form 5500 filing, ranking in the 31st 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.

  • #5,404 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Scientific Systems Company, Inc. Employee Stock Ownership Plan covers 108 participants in Massachusetts, about 16% of the average Massachusetts filer (state average ~659 per filing). Assets: $2M.

#5,404
in Professional & Technical Services (20,321 peers)
-11.6%
assets change YoY

The plan reported a net loss of $265K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scientific Systems Company, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Scientific Systems Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,019,666 31st percentile higher than 31% 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

Scientific Systems Company, 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. Scientific Systems Company, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (108 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Scientific Systems Company, Inc. Employee Stock Ownership Plan reported net income fell from -$104K in the plan year 2022 filing to -$265K in the plan year 2023 filing.
  • Scientific Systems Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Scientific Systems Company, Inc. Employee Stock Ownership Plan reported participants rose from 101 in the plan year 2022 filing to 108 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 043053085 · Scientific Systems Company, Inc. PY 2023 · ESOP

Scientific Systems Company, Inc. Employee Stock Ownership Plan · $2M · 108 · 31st

  • ASSETS $2M
  • ASSETS 108
  • ASSETS 31st
  • ASSETS ESOP
  • ASSETS near Caron Engineering, Inc. Employee Stock Ownership Plan
  • ASSETS ind #5404

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 Massachusetts →

Scientific Systems Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Scientific Systems Company, Inc. Employee Stock Ownership PlanScientific Systems Company, …$2MCaron Engineering, Inc. Employee Stock Ownership PlanCaron Engineering, Inc. Empl…$2MInnova Technologies Inc. Employee Stock Ownership PlanInnova Technologies Inc. Emp…$2MMcdermott-Costa Co., Inc. Employee Stock Ownership Plan and TrustMcdermott-Costa Co., Inc. Em…$2MErie Industrial Supply Company Employee Stock Ownership PlanErie Industrial Supply Compa…$2M
End-of-year total assets ($M) among Scientific Systems Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$265K
Employer EIN043053085
Plan Effective Date2002-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scientific Systems Company, Inc.)

Sponsor-wide plan assets over time

All Scientific Systems Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 36.3428919941781% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $20.2M $27.6M ▲ +36.4%
Year Plans Participants Total Assets
2022 2 213 $20M
2023 2 223 $25M
2024 2 234 $28M

Nearby ESOP Plans in Massachusetts

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

Scientific Systems Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Scientific Systems Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 2.019666 · Participants: 108Scientific Systems Company, Inc. Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 611.879597 · Participants: 1511Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 349.164775 · Participants: 174The Gillette Company Employee Stock Ownership PlanShawmut Group Employee Stock Ownership Plan, Total assets ($M): 274.195602 · Participants: 716Shawmut Group Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 244.511447 · Participants: 641First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 213.345202 · Participants: 1778Eastern Bank Employee Stock Ownership Plan
Scientific Systems Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Scientific Systems Company, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest ESOP by assets is Caron Engineering, Inc. Employee Stock Ownership Plan in ME ($2M); by covered participants it is Keller, Schroeder & Associates, Inc. Employee Stock Ownership Plan in IN (108 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (108 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 Scientific Systems Company, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Scientific Systems Company, Inc. Employee Stock Ownership Plan pulled back noticeably - down 11.6% during 2023, from $2M to $2M. Reported net income was -$265K.
How have Scientific Systems Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Scientific Systems Company, Inc.'s sponsor-wide assets grew 36.3%, from $20M to $28M.
Which ESOP plans are similar in size to Scientific Systems Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Caron Engineering, Inc. Employee Stock Ownership Plan in ME ($2M, 31 participants).
Which ESOP plans cover a similar participant headcount to Scientific Systems Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Keller, Schroeder & Associates, Inc. Employee Stock Ownership Plan in IN (108 participants, $39M 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 043053085.

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.