ESOP · DOL Form 5500 · 2023
Energy Control Technologies, Inc ESOP
Data updated 2026-08-11
- $19M
- Total assets
- 30
- Participants
- 72nd
- Percentile by assets
- $630,552
- Avg per participant
Official DOL plan name: Energy Control Technologies, Inc. Employee Stock Ownership Plan · Sponsored by Energy Control Technologies, Inc · Iowa · Professional & Technical Services
$19M in assets, 30 participants
Energy Control Technologies, Inc's Energy Control Technologies, Inc. Employee Stock Ownership Plan reported $19M in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.
- 72nd percentile by assets (of 127,072 plans)
- #14,472 in Professional & Technical Services (20,321 peers)
2023 asset change
Energy Control Technologies, Inc. Employee Stock Ownership Plan pulled back noticeably 10.7% in 2023 ($21M → $19M) for 30 participants.
- $19M
- total plan assets (2023 EOY)
- 30
- covered participants
- 72nd
- percentile by assets (of 127,072 plans)
- $630,552
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Energy Control Technologies, Inc. Employee Stock Ownership Plan reported net income fell from $9M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
- Energy Control Technologies, Inc. Employee Stock Ownership Plan end-of-year assets fell from $21M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- Energy Control Technologies, Inc. Employee Stock Ownership Plan reported participants fell from 31 in the plan year 2022 filing to 30 in the plan year 2023 filing.
2023 asset move for Energy Control Technologies, Inc. Employee Stock Ownership Plan
Year over year, total assets pulled back noticeably from $21M at the start of 2023 to $19M at year-end (down 10.7%). Net assets closed at $19M; reported net income -$2M.
Energy Control Technologies, Inc years around the 2023 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 31 | $21M |
| 2023 | 1 | 30 | $19M |
| 2024 | 1 | 31 | $20M |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | -$2M |
| Employer EIN | 262978048 |
| Plan Effective Date | 2008-08-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
Energy Control Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $864M · 802
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $596M · 801
- Precision, Inc. Employee Stock Ownership Plan and Trust $438M · 667
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $428M · 771
- Vgm Group, Inc. Employee Stock Ownership Plan $406M · 1,070
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Energy Control Technologies, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Delta Information Systems, Inc. Employee Stock Ownership Plan (PA) $19M · 173
- Mechanical Breakdown Protection, Inc. Employee Stock Ownership Plan (MO) $19M · 39
- Tbm Consulting Group, Inc. Employee Stock Ownership Plan (NC) $19M · 51
- Engineering Industries, Inc. Employee Stock Ownership Plan (WI) $19M · 103
Frequently Asked Questions
How did Energy Control Technologies, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
How have Energy Control Technologies, Inc plan assets changed over time? ▼
Which ESOP plans are similar in size to Energy Control Technologies, Inc. Employee Stock Ownership Plan? ▼
Next read for Energy Control Technologies, Inc. Employ…
2023 change
Ways to act on Energy Control Technologies, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Energy Control Technologies, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- Energy Control Technologies, Inc's sponsor-wide assets have declined 5.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans