ESOP · DOL Form 5500 · 2023
Cemen Tech, Inc. ESOP
Data updated 2026-08-11
- $64M
- Total assets
- 170
- Participants
- 88th
- Percentile by assets
- $379,171
- Avg per participant
Official DOL plan name: Cemen Tech Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Cemen Tech, Inc. · Iowa · Manufacturing
$64M in assets, 170 participants
Cemen Tech, Inc.'s Cemen Tech Holdings, Inc. Employee Stock Ownership Plan reported $64M in total assets and 170 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.
- 88th percentile by assets (of 127,072 plans)
- #15,397 in Manufacturing (18,722 peers)
Coverage in Iowa
Cemen Tech Holdings, Inc. Employee Stock Ownership Plan covers 170 participants in Iowa, about 28% of the average Iowa filer (state average ~609 per filing). Assets: $64M.
- $64M
- total plan assets (2023 EOY)
- 170
- covered participants
- 88th
- percentile by assets (of 127,072 plans)
- $379,171
- avg assets per participant
The plan reported a net loss of $5M 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
- Cemen Tech Holdings, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
- Cemen Tech Holdings, Inc. Employee Stock Ownership Plan end-of-year assets fell from $70M in the plan year 2022 filing to $64M in the plan year 2023 filing.
- Cemen Tech Holdings, Inc. Employee Stock Ownership Plan reported participants fell from 176 in the plan year 2022 filing to 170 in the plan year 2023 filing.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Cemen Tech Holdings, Inc. Employee Stock Ownership Plan reports 170 participants - about 28% of that state average ($64M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $70M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | -$5M |
| Employer EIN | 421067453 |
| Plan Effective Date | 1989-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cemen Tech, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 176 | $70M |
| 2023 | 1 | 170 | $64M |
| 2024 | 1 | 159 | $58M |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
Cemen Tech Holdings, 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 Cemen Tech Holdings, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Cemen Tech Holdings, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Cemen Tech Holdings, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- Cemen Tech, Inc.'s sponsor-wide assets have declined 17.2% since 2022 across 3 plan years on file. More Manufacturing plans