ESOP · DOL Form 5500 · 2024

Thalner Electronic Laboratories, Inc. ESOP

Data updated 2026-08-25

$750K
Total assets Small plan by assets
18
Participants Small participant base
21st
Percentile by assets National rank
$41,673
Avg per participant Low balance/head
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Official DOL plan name: Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan · Sponsored by Thalner Electronic Laboratories, Inc. · Michigan · Manufacturing

$750K in assets, 18 participants

Thalner Electronic Laboratories, Inc.'s Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan reported $750K in total assets and 18 participants in its 2024 DOL Form 5500 filing, ranking in the 21st 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.

  • #1,488 in Manufacturing (17,777 peers)

Thalner Electronic Laboratories, Inc. multi-year trail

Thalner Electronic Laboratories, Inc.'s plans moved -32.3% in assets from 2022 to 2024; this filing shows Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan at $750K / 18 participants.

#1,488
in Manufacturing (17,777 peers)
-48.7%
assets change YoY

The plan reported a net loss of $713K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan among the smaller filed plans by assets

Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan vs every filed plan by assets

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

$750,111 21st percentile higher than 21% of 123,620 filed plans

This plan $0 $2,050,000,000 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

Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan reported net income fell from $355K in the plan year 2023 filing to -$713K in the plan year 2024 filing.
  • Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2023 filing to $750K in the plan year 2024 filing.
  • Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan reported participants fell from 19 in the plan year 2023 filing to 18 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 381794617 · Thalner Electronic Laboratories, Inc. PY 2024 · ESOP

Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan · $750K · 18 · 21st

  • EOY $750K
  • EOY 18
  • EOY 21st
  • EOY ESOP
  • EOY near Delcrest Medical Services, Inc. Employee Stock Ownership Plan
  • EOY ind #1488

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 Michigan →

Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan in the asset neighbourhood

Thalner Electronic Laboratories, Inc. Employees Stock Ownership PlanThalner Electronic Laborator…$750KDelcrest Medical Services, Inc. Employee Stock Ownership PlanDelcrest Medical Services, I…$750KGouverneur Savings and Loan Association Employee Stock Ownership PlanGouverneur Savings and Loan …$751KComponent Distributors, Inc. Employee Stock Ownership PlanComponent Distributors, Inc.…$748KDave Dennis Employee Stock Ownership PlanDave Dennis Employee Stock O…$745K
End-of-year total assets ($M) among Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Thalner Electronic Laboratories, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Thalner Electronic Laboratories, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$750K 32.30796581245945% vs 2022
2024 filing year
$0.5M$1M$1.5M$2M 202220232024 $1.11M $0.75M ▼ -32.4%
Year Plans Participants Total Assets
2022 1 19 $1M
2023 1 19 $1M
2024 1 18 $750K

Thalner Electronic Laboratories, Inc. filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$750K
Net Income-$713K
Employer EIN381794617
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan, Total assets ($B): 0.000750111 · Participants: 18Thalner Electronic Laboratories, Inc. Employees Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Delcrest Medical Services, Inc. Employee Stock Ownership Plan in PA ($750K); by covered participants it is Aga Distribution Specialists, Inc. Employee Stock Ownership Plan in OR (18 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan assets move in 2024?
Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan contracted severely - down 48.7% during 2024, from $1M to $750K. Reported net income was -$713K.
How have Thalner Electronic Laboratories, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thalner Electronic Laboratories, Inc.'s sponsor-wide assets declined 32.3%, from $1M to $750K.
Where does Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan rank by assets among Form 5500 filers?
Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan ranks in the 21st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Delcrest Medical Services, Inc. Employee Stock Ownership Plan in PA ($750K, 18 participants).
Which ESOP plans cover a similar participant headcount to Thalner Electronic Laboratories, Inc. Employees Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Aga Distribution Specialists, Inc. Employee Stock Ownership Plan in OR (18 participants, $2M in assets).