ESOP · DOL Form 5500 · 2024

Nortex Communications Company ESOP

Data updated 2026-08-11

$13M
Total assets
54
Participants
61st
Percentile by assets
$234,517
Avg per participant
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Official DOL plan name: Nortex Communications Company Stock Bonus Employee Stock Ownership Plan · Sponsored by Nortex Communications Company · Texas · Information & Media

$13M in assets, 54 participants

Nortex Communications Company's Nortex Communications Company Stock Bonus Employee Stock Ownership Plan reported $13M in total assets and 54 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • 61st percentile by assets (of 123,622 plans)
  • #1,363 in Information & Media (2,822 peers)

Nortex Communications Company multi-year trail

Nortex Communications Company's plans moved +57.1% in assets from 2022 to 2024; this filing shows Nortex Communications Company Stock Bonus Employee Stock Ownership Plan at $13M / 54 participants.

$13M
total plan assets (2024 EOY)
54
covered participants
61st
percentile by assets (of 123,622 plans)
$234,517
avg assets per participant

Where Nortex Communications Company Stock Bonus Employee Stock Ownership Plan sits by total assets

Nortex Communications Company Stock Bonus Employee Stock Ownership Plan vs every filed plan by assets

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

$12,663,926 Top 39% higher than 61% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nortex Communications Company Stock Bonus Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Nortex Communications Company Stock Bonus Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Nortex Communications Company Stock Bonus Employee Stock Ownership Plan reported participants rose from 48 in the plan year 2023 filing to 54 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Nortex Communications Company across 3 plan years on file

Across the 3 plan years Nortex Communications Company has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $19M, a gain of 57.1%, while reported participants moved from 86 to 107 (+24.4%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($12M).

Nortex Communications Company multi-year asset trail

$10M$15M$20M 202220232024 $11.8M $18.5M ▲ +57.1%
Total plan assets by year, all Nortex Communications Company plans on file
Year Plans Participants Total Assets
2022 2 86 $12M
2023 2 96 $16M
2024 2 107 $19M

Nortex Communications Company filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$11M
Net Income$1M
Employer EIN751255963
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

Nortex Communications Company Stock Bonus Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -100102030 Total assets ($B) Participants Nortex Communication…, Total assets ($B): 0.012663926 · Participants: 54Nortex Communication…Sammons Enterprises,…, Total assets ($B): 23.876523932 · Participants: 3284Sammons Enterprises,…Highland Homes Emplo…, Total assets ($B): 0.982965144 · Participants: 891Highland Homes Emplo…Austin Industries Em…, Total assets ($B): 0.527193522 · Participants: 7703Austin Industries Em…Lja Engineering, Inc…, Total assets ($B): 0.493492368 · Participants: 1799Lja Engineering, Inc…Air Tractor Holdings…, Total assets ($B): 0.40134922 · Participants: 350Air Tractor Holdings…
Nortex Communications Company Stock Bonus Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Nortex Communications Company Stock Bonus Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Nortex Communications Company Stock Bonus Employee Stock Ownership Plan assets move in 2024?
Nortex Communications Company Stock Bonus Employee Stock Ownership Plan grew sharply - up 20.4% during 2024, from $11M to $13M. Reported net income was $1M.
How have Nortex Communications Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Nortex Communications Company's sponsor-wide assets grew 57.1%, from $12M to $19M.
Which ESOP plans are similar in size to Nortex Communications Company Stock Bonus Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ovs Holdings, Inc. Employee Stock Ownership Plan in OH ($13M, 25 participants).

Next read for Nortex Communications Company Stock Bonu…

Multi-year trail

Ways to act on Nortex Communications Company Stock Bonus Employee Stock Ownership Plan's numbers.

  • By total assets, Nortex Communications Company Stock Bonus 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 Texas. Compare plans
  • Nortex Communications Company's sponsor-wide assets have grown 57.1% since 2022 across 3 plan years on file. More Information & Media plans