ESOP · DOL Form 5500 · 2024

Tech-Marine Business, Inc ESOP

Data updated 2026-07-24

$10M
Total assets
144
Participants
56th
Percentile by assets
$71,299
Avg per participant
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Official DOL plan name: Tech-Marine Business, Inc. Employee Stock Ownership Plan · Sponsored by Tech-Marine Business, Inc · District of Columbia · Professional & Technical Services

$10M in assets, 144 participants

Tech-Marine Business, Inc's Tech-Marine Business, Inc. Employee Stock Ownership Plan reported $10M in total assets and 144 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • 56th percentile by assets (of 116,472 plans)

Coverage in District of Columbia

Tech-Marine Business, Inc. Employee Stock Ownership Plan covers 144 participants in District of Columbia, about 9% of the average District of Columbia filer (state average ~1,541 per filing). Assets: $10M.

$10M
total plan assets (2024 EOY)
144
covered participants
56th
percentile by assets (of 116,472 plans)
$71,299
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tech-Marine Business, Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2023 filing to $76K in the plan year 2024 filing.
  • Tech-Marine Business, Inc. Employee Stock Ownership Plan reported participants fell from 160 in the plan year 2023 filing to 144 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs District of Columbia filers

In District of Columbia, the average filing covers about 1,541 participants across 821 plans. Tech-Marine Business, Inc. Employee Stock Ownership Plan reports 144 participants - about 9% of that state average ($10M EOY assets).

District of Columbia filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$76K
Employer EIN541860677
Plan Effective Date2008-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech-Marine Business, Inc)

$35M$40M$45M 202220232024 $37.1M $43.9M ▲ +18.4%
Total plan assets by year, all Tech-Marine Business, Inc plans on file
Year Plans Participants Total Assets
2022 2 384 $37M
2023 2 358 $38M
2024 2 324 $44M

Nearby ESOP Plans in District of Columbia

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

Tech-Marine Business, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants

Tech-Marine Business, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -50050100150200 Total assets ($M) Participants Tech-Marine Business…Chemonics Internatio…Cornerstone Governme…Rational 360 Employe…Specialty Home Care,…The Cool Hardware Co…
Tech-Marine Business, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tech-Marine Business, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Tech-Marine Business, Inc. Employee Stock Ownership Plan assets move in 2024?
Tech-Marine Business, Inc. Employee Stock Ownership Plan held essentially flat - up 0.8% during 2024, from $10M to $10M. Reported net income was $76K.
How have Tech-Marine Business, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Tech-Marine Business, Inc's sponsor-wide assets grew 18.3%, from $37M to $44M.
Which ESOP plans are similar in size to Tech-Marine Business, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Cross Bank Employee Stock Ownership Plan in AR ($10M, 33 participants).

Next read for Tech-Marine Business, Inc. Employee Stoc…

Filing takeaways

Ways to act on Tech-Marine Business, Inc. Employee Stock Ownership Plan's numbers.

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 541860677.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.