Other
2024 plan-year Other DOL Form 5500

Decibel Research, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Decibel Research, Inc. · Alabama · Professional & Technical Services

What the 2023 filing shows

Decibel Research, Inc. Employee Stock Ownership Plan holds $24M for 130 participants — about $188,000 per participant, up 1.2% over the 2024 plan year.

$24M
total plan assets (2024 EOY)
130
covered participants
$188,000
avg assets per participant
+1.2%
assets growth YoY
Total Assets (2023)
$24M
Participants
130
State
Industry
Professional & Technical Services

What the Filing Says About Decibel Research, Inc. Employee Stock Ownership Plan

Decibel Research, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Decibel Research, Inc., headquartered in Alabama. As of the 2024 Form 5500 filing, the plan reports $24M in total end-of-year assets and covers 130 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 421551697, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2024 to $24M at year-end — a gain of 1.2%. Net assets (after liabilities) closed the year at $2M, with reported net income of $896K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

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

Sponsor Plan History (Decibel Research, Inc.)

Year Plans Participants Total Assets
2022 2 248 $49M
2023 2 279 $60M
2024 2 284 $66M

Nearby Other Plans in Alabama

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

Frequently Asked Questions

How much money is in the Decibel Research, Inc. Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Decibel Research, Inc. Employee Stock Ownership Plan holds $24M in total assets with 130 participants. It is sponsored by Decibel Research, Inc..
What type of plan is Decibel Research, Inc. Employee Stock Ownership Plan?
Decibel Research, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 421551697.
Who sponsors the Decibel Research, Inc. Employee Stock Ownership Plan?
Decibel Research, Inc. Employee Stock Ownership Plan is sponsored by Decibel Research, Inc., located in Alabama. The sponsor's EIN is 421551697 and the plan operates in the Professional & Technical Services industry.
How did Decibel Research, Inc. Employee Stock Ownership Plan perform in 2024?
Decibel Research, Inc. Employee Stock Ownership Plan grew by 1.2% during 2024, moving from $24M to $24M in total assets. Net income was $896K.
Where can I find official filings for Decibel Research, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Decibel Research, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 421551697 or plan name at efast.dol.gov.
How does Decibel Research, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Decibel Research, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Alabama on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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