ESOP · DOL Form 5500 · 2024

Echometer Company ESOP

Data updated 2026-07-24

$14M
Total assets
16
Participants
62nd
Percentile by assets
$844,939
Avg per participant
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Official DOL plan name: Echometer Company Employee Stock Ownership Plan · Sponsored by Echometer Company · Texas · Mining & Oil Extraction

$14M in assets, 16 participants

Echometer Company's Echometer Company Employee Stock Ownership Plan reported $14M in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • 62nd percentile by assets (of 116,472 plans)

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Echometer Company Employee Stock Ownership Plan ranks #324 of 768 2024 filers by assets (887% of the sector average)-$14M for 16 participants.

$14M
total plan assets (2024 EOY)
16
covered participants
62nd
percentile by assets (of 116,472 plans)
$844,939
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Echometer Company Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Echometer Company Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Echometer Company Employee Stock Ownership Plan reported participants fell from 18 in the plan year 2023 filing to 16 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Rank #324 in Mining & Oil Extraction

Among 768 Mining & Oil Extraction plans that filed a Form 5500 for plan year 2024, Echometer Company Employee Stock Ownership Plan ranks #324 by end-of-year assets - about 887% of the sector average of $120M. Nationally it sits in the 62nd percentile, a weaker position within its industry than across all filers.

Mining & Oil Extraction filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$13M
Net Income$7M
Employer EIN751281567
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Echometer Company)

$10M$12M$14M$16M$18M$20M 202220232024 $11.2M $17.6M ▲ +57.6%
Total plan assets by year, all Echometer Company plans on file
Year Plans Participants Total Assets
2022 2 31 $11M
2023 2 37 $12M
2024 2 35 $18M

Nearby ESOP Plans in Texas

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

Echometer Company Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Echometer Company 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 Echometer Company Em…Sammons Enterprises,…Highland Homes Emplo…Austin Industries Em…Lja Engineering, Inc…Air Tractor Holdings…
Echometer Company 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 Echometer Company Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Echometer Company Employee Stock Ownership Plan assets move in 2024?
Echometer Company Employee Stock Ownership Plan surged - up 94.5% during 2024, from $7M to $14M. Reported net income was $7M.
How have Echometer Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Echometer Company's sponsor-wide assets grew 57.5%, from $11M to $18M.
Which ESOP plans are similar in size to Echometer Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ppc Mechanical Seals Employee Stock Ownership Plan in LA ($14M, 48 participants).

Next read for Echometer Company Employee Stock Ownersh…

Filing takeaways

Ways to act on Echometer Company 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 751281567.

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