ESOP · DOL Form 5500 · 2024

Spectral Sciences, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
38
Participants Small participant base
39th
Percentile by assets National rank
$111,527
Avg per participant Below avg balance/head
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Official DOL plan name: Spectral Sciences, Inc. Employee Stock Ownership Plan · Sponsored by Spectral Sciences, Inc. · Massachusetts · Professional & Technical Services

$4M in assets, 38 participants

Spectral Sciences, Inc.'s Spectral Sciences, Inc. Employee Stock Ownership Plan reported $4M in total assets and 38 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #7,346 in Professional & Technical Services (20,173 peers)

2024 asset change

Spectral Sciences, Inc. Employee Stock Ownership Plan declined sharply 17.1% in 2024 ($5M → $4M) for 38 participants.

#7,346
in Professional & Technical Services (20,173 peers)
-17.1%
assets change YoY

The plan reported a net loss of $701K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spectral Sciences, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Spectral Sciences, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$4,238,039 39th percentile higher than 39% 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

Spectral Sciences, Inc. Employee 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. Spectral Sciences, Inc. Employee Stock Ownership Plan is a small filing (38 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Spectral Sciences, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$701K in the plan year 2024 filing.
  • Spectral Sciences, Inc. Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Spectral Sciences, Inc. Employee Stock Ownership Plan reported participants fell from 39 in the plan year 2023 filing to 38 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 042718570 · Spectral Sciences, Inc. PY 2024 · ESOP

Spectral Sciences, Inc. Employee Stock Ownership Plan · $4M · 38 · 39th

  • NET $4M
  • BOOK 38
  • VS-ST 39th
  • BOY ESOP
  • SCH near Pacific Science & Engineering Group, Inc Employee Stock Ownership Plan
  • EBSA ind #7346

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 Massachusetts →

Spectral Sciences, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Healthcare Appraisers, Inc. Profit-Sharing Plan (F.K.a. Healthcare Appraisers, Inc. ESOP)Healthcare Appraisers, Inc. …$4MFarmrail System, Inc Employee Stock Ownership PlanFarmrail System, Inc Employe…$4MSpectral Sciences, Inc. Employee Stock Ownership PlanSpectral Sciences, Inc. Empl…$4MPacific Science & Engineering Group, Inc Employee Stock Ownership PlanPacific Science & Engineerin…$4MBank of Springfield Employee Stock Ownership PlanBank of Springfield Employee…$4M
End-of-year total assets ($M) among Spectral Sciences, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Spectral Sciences, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Spectral Sciences, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 1.5616335408162336% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $4.17M $4.24M ▲ +1.7%
Year Plans Participants Total Assets
2022 1 43 $4M
2023 1 39 $5M
2024 1 38 $4M

2024 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$3M
Net Income-$701K
Employer EIN042718570
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Massachusetts

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

Spectral Sciences, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Spectral Sciences, Inc. Employee Stock Ownership Plan, Total assets ($M): 4.238039 · Participants: 38Spectral Sciences, Inc. Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 729.34706 · Participants: 1684Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 367.792322 · Participants: 139The Gillette Company Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 253.372727 · Participants: 445First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanDavid Clark Employee Stock Ownership Plan, Total assets ($M): 182.6375 · Participants: 236David Clark Employee Stock Ownership PlanNew England Biolabs, Inc. Non-Voting Stock Ownership Plan, Total assets ($M): 162.974294 · Participants: 424New England Biolabs, Inc. Non-Voting Stock Ownership Plan
Spectral Sciences, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Spectral Sciences, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Spectral Sciences, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Massachusetts, the nearest ESOP by assets is Pacific Science & Engineering Group, Inc Employee Stock Ownership Plan in CA ($4M); by covered participants it is Foresight Bank Employee Stock Ownership Plan in MN (38 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (38 participants); asset peers above are excluded.

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 Spectral Sciences, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Spectral Sciences, Inc. Employee Stock Ownership Plan declined sharply - down 17.1% during 2024, from $5M to $4M. Reported net income was -$701K.
How have Spectral Sciences, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spectral Sciences, Inc.'s sponsor-wide assets grew 1.6%, from $4M to $4M.
Which ESOP plans are similar in size to Spectral Sciences, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Pacific Science & Engineering Group, Inc Employee Stock Ownership Plan in CA ($4M, 50 participants).
Which ESOP plans cover a similar participant headcount to Spectral Sciences, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Foresight Bank Employee Stock Ownership Plan in MN (38 participants, $6M in assets).

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 042718570.

Read our methodology - how this data is sourced, computed, and verified.

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