ESOP · DOL Form 5500 · 2023

Xtek Inc ESOP

Data updated 2026-08-25

$66M
Total assets Below avg plan size
510
Participants Below avg headcount
88th
Percentile by assets National rank
$128,787
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Xtek Inc Employee Stock Ownership Plan · Sponsored by Xtek Inc · Ohio · Manufacturing

$66M in assets, 510 participants

Xtek Inc's Xtek Inc Employee Stock Ownership Plan reported $66M in total assets and 510 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,434 in Manufacturing (18,722 peers)

Where Xtek Inc Employee Stock Ownership Plan sits by assets

Xtek Inc Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $66M for 510 participants (~$128,787/participant), up 17.1% in 2023.

#15,434
in Manufacturing (18,722 peers)
+17.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Xtek Inc Employee Stock Ownership Plan's outsized position by total assets

Xtek Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$65,681,450 Top 12% higher than 88% 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

Xtek 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. Xtek Inc Employee Stock Ownership Plan sits mid-pack in the medium band (510 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Xtek Inc Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Xtek Inc Employee Stock Ownership Plan end-of-year assets rose from $56M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Xtek Inc Employee Stock Ownership Plan reported participants rose from 437 in the plan year 2022 filing to 510 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 310847969 · Xtek Inc PY 2023 · ESOP

Xtek Inc Employee Stock Ownership Plan · $66M · 510 · 88th

  • VS-ST $66M
  • VS-ST 510
  • VS-ST 88th
  • VS-ST ESOP
  • VS-ST near The Cummins Construction Company, Inc. Employee Stock Ownership Plan
  • VS-ST ind #15434

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 Ohio →

Xtek Inc Employee Stock Ownership Plan in the asset neighbourhood

Waste Gas Fabricating Co., Inc. Employee Stock Ownership PlanWaste Gas Fabricating Co., I…$66MComponent Plastics, Inc. Employee Stock Ownership PlanComponent Plastics, Inc. Emp…$66MXtek Inc Employee Stock Ownership PlanXtek Inc Employee Stock Owne…$66MThe Cummins Construction Company, Inc. Employee Stock Ownership PlanThe Cummins Construction Com…$66MDansko Holdings, Inc. Employee Stock Ownership PlanDansko Holdings, Inc. Employ…$65M
End-of-year total assets ($M) among Xtek Inc 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)$56M
Net Assets (End of Year)$66M
Net Income$10M
Employer EIN310847969
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Xtek Inc)

Sponsor-wide plan assets over time

All Xtek Inc plans reported in each filing year

Latest sponsor-wide plan assets
$92M 7.434809446715389% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $85.7M $92M ▲ +7.4%
Year Plans Participants Total Assets
2022 3 821 $86M
2023 3 971 $99M
2024 2 842 $92M

Nearby ESOP Plans in Ohio

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

Xtek Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Xtek Inc Employee Stock Ownership Plan, Total assets ($B): 0.06568145 · Participants: 510Xtek Inc Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Xtek Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Xtek Inc Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest ESOP by assets is The Cummins Construction Company, Inc. Employee Stock Ownership Plan in OK ($66M); by covered participants it is Capitol Federal Financial, Inc. Employee Stock Ownership Plan in KS (510 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (510 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 Xtek Inc Employee Stock Ownership Plan assets move in 2023? ▼
Xtek Inc Employee Stock Ownership Plan grew sharply - up 17.1% during 2023, from $56M to $66M. Reported net income was $10M.
How have Xtek Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Xtek Inc's sponsor-wide assets grew 7.4%, from $86M to $92M.
Where does Xtek Inc Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Xtek Inc Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Xtek Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Cummins Construction Company, Inc. Employee Stock Ownership Plan in OK ($66M, 170 participants).
Which ESOP plans cover a similar participant headcount to Xtek Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Capitol Federal Financial, Inc. Employee Stock Ownership Plan in KS (510 participants, $40M 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 310847969.

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.