ESOP · DOL Form 5500 · 2024
Tormach Inc. ESOP
Data updated 2026-08-25
- $9M
- Total assets Small plan by assets
- 72
- Participants Small participant base
- 53rd
- Percentile by assets National rank
- $120,211
- Avg per participant Near avg balance/head
Official DOL plan name: Tormach Employee Stock Ownership Plan · Sponsored by Tormach Inc. · Wisconsin · Manufacturing
$9M in assets, 72 participants
Tormach Inc.'s Tormach Employee Stock Ownership Plan reported $9M in total assets and 72 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.
- #6,691 in Manufacturing (17,777 peers)
Tormach Inc. multi-year trail
Tormach Inc.'s plans moved -23.1% in assets from 2022 to 2024; this filing shows Tormach Employee Stock Ownership Plan at $9M / 72 participants.
- #6,691
- in Manufacturing (17,777 peers)
- -16.2%
- assets change YoY
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Tormach Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers
Tormach Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$8,655,169 Top 47% higher than 53% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Tormach 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. Tormach Employee Stock Ownership Plan is a small filing (72 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Tormach Employee Stock Ownership Plan reported net income fell from -$690K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Tormach Employee Stock Ownership Plan reported participants rose from 39 in the plan year 2023 filing to 72 in the plan year 2024 filing.
- Tormach Employee Stock Ownership Plan end-of-year assets fell from $10M in the plan year 2023 filing to $9M in the plan year 2024 filing.
DOL schedule card
Filing strip 472571333 · Tormach Inc. PY 2024 · ESOP
Tormach Employee Stock Ownership Plan · $9M · 72 · 53rd
- TYPE $9M
- TYPE 72
- TYPE 53rd
- TYPE ESOP
- TYPE near Green Tech Enterprises Employee Stock Ownership Plan
- TYPE ind #6691
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 Wisconsin →
Tormach Employee Stock Ownership Plan in the asset neighbourhood
Tormach Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Tormach Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $9M 23.09982762436594% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 39 | $11M |
| 2023 | 1 | 39 | $10M |
| 2024 | 1 | 72 | $9M |
Tormach Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$1M |
| Employer EIN | 472571333 |
| Plan Effective Date | 2014-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Wisconsin
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Schreiber Foods, Inc Employee Stock Ownership Plan $3.8B · 6,519
- Woodman's Employees' Profit Sharing and Stock Ownership Plan $796M · 2,967
- Ki Employee Stock Ownership Plan $604M · 1,689
- Wausau Supply Company Employee Stock Ownership Plan $333M · 834
- Trachte Building Systems Employee Stock Ownership Plan $315M · 266
Tormach Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Wisconsin, the nearest ESOP by assets is Green Tech Enterprises Employee Stock Ownership Plan in MA ($9M); by covered participants it is Cole Lumber Company, Inc. Employee Stock Ownership Plan in KY (72 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9M here).
- Green Tech Enterprises Employee Stock Ownership Plan (MA) $9M · 14
- Sohnen Enterprises, Inc. Employee Stock Ownership Plan (CA) $9M · 88
- Sprinklermatic Fire Protection Systems, Inc. Employee Stock Ownership Plan (FL) $9M · 154
- Automotive & Industrial Distributors of Billings Employee Stock Ownership Plan (MT) $9M · 189
Similar participant headcount
Nearest other-state filings by covered participants (72 participants); asset peers above are excluded.
- Cole Lumber Company, Inc. Employee Stock Ownership Plan (KY) 72 · 0 off
- Phoenix I Restoration and Construction Employee Stock Ownership Plan (TX) 72 · 0 off
- The Chase Construction Group Employee Stock Ownership Plan (TN) 72 · 0 off
- Ar Family Holdings, LLC Employee Stock Ownership Plan (FL) 72 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.