ESOP · DOL Form 5500 · 2024

Decibel Research, Inc. ESOP

Data updated 2026-07-24

$24M
Total assets
130
Participants
74th
Percentile by assets
$188,000
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Decibel Research, Inc. Employee Stock Ownership Plan · Sponsored by Decibel Research, Inc. · Alabama · Professional & Technical Services

$24M in assets, 130 participants

Decibel Research, Inc.'s Decibel Research, Inc. Employee Stock Ownership Plan reported $24M in total assets and 130 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 116,472 plans)

Coverage in Alabama

Decibel Research, Inc. Employee Stock Ownership Plan covers 130 participants in Alabama, about 35% of the average Alabama filer (state average ~369 per filing). Assets: $24M.

$24M
total plan assets (2024 EOY)
130
covered participants
74th
percentile by assets (of 116,472 plans)
$188,000
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Decibel Research, Inc. Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2023 filing to $896K in the plan year 2024 filing.
  • Decibel Research, Inc. Employee Stock Ownership Plan reported participants rose from 126 in the plan year 2023 filing to 130 in the plan year 2024 filing.
  • Decibel Research, Inc. Employee Stock Ownership Plan end-of-year assets rose from $24M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Alabama filers

In Alabama, the average filing covers about 369 participants across 1,507 plans. Decibel Research, Inc. Employee Stock Ownership Plan reports 130 participants - about 35% of that state average ($24M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$2M
Net Income$896K
Employer EIN421551697
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Decibel Research, Inc.)

$45M$50M$55M$60M$65M$70M 202220232024 $49.1M $65.7M ▲ +33.9%
Total plan assets by year, all Decibel Research, Inc. plans on file
Year Plans Participants Total Assets
2022 2 248 $49M
2023 2 279 $60M
2024 2 284 $66M

Nearby ESOP Plans in Alabama

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

Decibel Research, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

Decibel Research, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600 Total assets ($M) Participants Decibel Research, In…Starfish Holdings, I…Inline Electric Empl…Signature Homes Empl…Radiance Technologie…Employee Stock Owner…
Decibel Research, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Decibel Research, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Decibel Research, Inc. Employee Stock Ownership Plan assets move in 2024?
Decibel Research, Inc. Employee Stock Ownership Plan edged up modestly - up 1.2% during 2024, from $24M to $24M. Reported net income was $896K.
How have Decibel Research, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Decibel Research, Inc.'s sponsor-wide assets grew 33.9%, from $49M to $66M.
Which ESOP plans are similar in size to Decibel Research, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Hallam Associates Inc. Employee Stock Ownership Plan in VT ($24M, 146 participants).

Next read for Decibel Research, Inc. Employee Stock Ow…

Filing takeaways

Ways to act on Decibel Research, Inc. 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 421551697.

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