ESOP · DOL Form 5500 · 2024

NERAC ESOP

Data updated 2026-08-25

$432K
Total assets Small plan by assets
19
Participants Small participant base
17th
Percentile by assets National rank
$22,726
Avg per participant Low balance/head
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Official DOL plan name: Nerac, Inc. Employee Stock Ownership Plan · Sponsored by NERAC · Connecticut · Professional & Technical Services

$432K in assets, 19 participants

NERAC's Nerac, Inc. Employee Stock Ownership Plan reported $432K in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 17th 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.

  • #2,563 in Professional & Technical Services (20,173 peers)

NERAC multi-year trail

NERAC's plans moved -35.6% in assets from 2022 to 2024; this filing shows Nerac, Inc. Employee Stock Ownership Plan at $432K / 19 participants.

#2,563
in Professional & Technical Services (20,173 peers)
-30.6%
assets change YoY

The plan reported a net loss of $48K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nerac, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Nerac, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$431,792 17th percentile higher than 17% of 123,620 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 2024

Nerac, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nerac, Inc. Employee Stock Ownership Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nerac, Inc. Employee Stock Ownership Plan reported net income fell from $93K in the plan year 2023 filing to -$48K in the plan year 2024 filing.
  • Nerac, Inc. Employee Stock Ownership Plan end-of-year assets fell from $622K in the plan year 2023 filing to $432K in the plan year 2024 filing.
  • Nerac, Inc. Employee Stock Ownership Plan reported participants fell from 20 in the plan year 2023 filing to 19 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 061165480 · NERAC PY 2024 · ESOP

Nerac, Inc. Employee Stock Ownership Plan · $432K · 19 · 17th

  • NET $432K
  • BOOK 19
  • VS-ST 17th
  • BOY ESOP
  • SCH near Morgan-Marrow Company Employee Stock Ownership Plan & Trust
  • EBSA ind #2563

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 Connecticut →

Nerac, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Nerac, Inc. Employee Stock Ownership PlanNerac, Inc. Employee Stock O…$432KMorgan-Marrow Company Employee Stock Ownership Plan & TrustMorgan-Marrow Company Employ…$433KReal Time Automation, Inc. Employee Stock Ownership PlanReal Time Automation, Inc. E…$430KRitsema Associates Employee Stock Ownership PlanRitsema Associates Employee …$430K1st Pet Employee Stock Ownership Plan1st Pet Employee Stock Owner…$430K
End-of-year total assets ($M) among Nerac, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

NERAC multi-year asset trail

Sponsor-wide plan assets over time

All NERAC plans reported in each filing year

Latest sponsor-wide plan assets
$432K 35.611094542201016% vs 2022
2024 filing year
$0.4M$0.5M$0.6M$0.7M 202220232024 $0.67M $0.43M ▼ -35.8%
Year Plans Participants Total Assets
2022 1 20 $671K
2023 1 20 $622K
2024 1 19 $432K

NERAC filing trail (2024)

Total Assets (Beginning of Year)$622K
Net Assets (End of Year)-$170K
Net Income-$48K
Employer EIN061165480
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Connecticut

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

Nerac, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -2000200400600 -1000100200300400 Total assets ($M) Participants Nerac, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.431792 · Participants: 19Nerac, Inc. Employee Stock Ownership PlanMott Corporation Employee Stock Ownership Plan, Total assets ($M): 304.806344 · Participants: 327Mott Corporation Employee Stock Ownership PlanBl Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 127.985465 · Participants: 309Bl Companies, Inc. Employee Stock Ownership PlanSonalysts, Inc. Employee Stock Ownership Plan, Total assets ($M): 125.874922 · Participants: 417Sonalysts, Inc. Employee Stock Ownership PlanEurpac Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 107.815259 · Participants: 572Eurpac Service, Inc. Employee Stock Ownership PlanTwin Mro Employee Stock Ownership Plan, Total assets ($M): 106.406355 · Participants: 110Twin Mro Employee Stock Ownership Plan
Nerac, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
Compare Nerac, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest ESOP by assets is Morgan-Marrow Company Employee Stock Ownership Plan & Trust in VA ($433K); by covered participants it is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nerac, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Nerac, Inc. Employee Stock Ownership Plan contracted severely - down 30.6% during 2024, from $622K to $432K. Reported net income was -$48K.
How have NERAC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), NERAC's sponsor-wide assets declined 35.6%, from $671K to $432K.
Where does Nerac, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Nerac, Inc. Employee Stock Ownership Plan ranks in the 17th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Nerac, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Morgan-Marrow Company Employee Stock Ownership Plan & Trust in VA ($433K, 24 participants).
Which ESOP plans cover a similar participant headcount to Nerac, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 061165480.

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.