ESOP · DOL Form 5500 · 2023
Tengam Pro, Inc. ESOP
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 76
- Participants Small participant base
- 49th
- Percentile by assets National rank
- $84,405
- Avg per participant Below avg balance/head
Official DOL plan name: Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan · Sponsored by Tengam Pro, Inc. · Colorado · Wholesale Trade
$6M in assets, 76 participants
Tengam Pro, Inc.'s Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan reported $6M in total assets and 76 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.
- #2,440 in Wholesale Trade (6,309 peers)
2023 asset change
Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan grew sharply 17.1% in 2023 ($5M → $6M) for 76 participants.
- #2,440
- in Wholesale Trade (6,309 peers)
- +17.1%
- assets growth YoY
Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers
Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$6,414,790 49th percentile higher than 49% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan is a small filing (76 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
- Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan reported participants fell from 80 in the plan year 2022 filing to 76 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 840715559 · Tengam Pro, Inc. PY 2023 · ESOP
Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan · $6M · 76 · 49th
- PART $6M
- PART 76
- PART 49th
- PART ESOP
- PART near Aircraft Precision Products Inc. Employee Stock Ownership Plan
- PART ind #2440
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 Colorado →
Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan in the asset neighbourhood
Tengam Pro, Inc. years around the 2023 move
Sponsor-wide plan assets over time
All Tengam Pro, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 177 | $9M |
| 2023 | 1 | 76 | $6M |
| 2024 | 1 | N/A | N/A |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | $2M |
| Employer EIN | 840715559 |
| Plan Effective Date | 2016-07-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Colorado
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Alpine Lumber Company Employee Stock Ownership Plan $385M · 581
- Trinidad Benham Corp. Employee Stock Ownership Plan $266M · 776
- Envision Management Holding, Inc. Employee Stock Ownership Plan $211M · 1,075
- Brown Strauss, Inc. Employee Stock Ownership Plan $209M · 206
- Hercules Industries, Inc. Employee Stock Ownership Plan $106M · 444
Master Magnetics, Inc. Amended and Restated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Colorado, the nearest ESOP by assets is Aircraft Precision Products Inc. Employee Stock Ownership Plan in MI ($6M); by covered participants it is Mifflinburg Bank and Trust Company Employee Stock Ownership Plan in PA (76 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
Similar participant headcount
Nearest other-state filings by covered participants (76 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.