ESOP · DOL Form 5500 · 2024
TEC-CORP ESOP
Data updated 2026-08-11
- $12M
- Total assets
- 173
- Participants
- 60th
- Percentile by assets
- $71,430
- Avg per participant
Official DOL plan name: Thompson Solutions Group Employee Stock Ownership Plan · Sponsored by TEC-CORP · Iowa · Construction
$12M in assets, 173 participants
TEC-CORP's Thompson Solutions Group Employee Stock Ownership Plan reported $12M in total assets and 173 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.
- 60th percentile by assets (of 123,622 plans)
- #5,310 in Construction (9,039 peers)
Coverage in Iowa
Thompson Solutions Group Employee Stock Ownership Plan covers 173 participants in Iowa, about 28% of the average Iowa filer (state average ~609 per filing). Assets: $12M.
- $12M
- total plan assets (2024 EOY)
- 173
- covered participants
- 60th
- percentile by assets (of 123,622 plans)
- $71,430
- avg assets per participant
Where Thompson Solutions Group Employee Stock Ownership Plan sits by total assets
Thompson Solutions Group Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$12,357,460 Top 40% higher than 60% 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Thompson Solutions Group Employee Stock Ownership Plan reported net income rose from -$661K in the plan year 2023 filing to $6M in the plan year 2024 filing.
- Thompson Solutions Group Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2023 filing to $12M in the plan year 2024 filing.
- Thompson Solutions Group Employee Stock Ownership Plan reported participants rose from N/A in the plan year 2023 filing to 173 in the plan year 2024 filing.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Thompson Solutions Group Employee Stock Ownership Plan reports 173 participants - about 28% of that state average ($12M EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | $6M |
| Employer EIN | 421011760 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (TEC-CORP)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 102 | $11M |
| 2023 | 2 | 123 | $21M |
| 2024 | 2 | 294 | $33M |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
Thompson Solutions Group Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $877M · 819
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $659M · 849
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $498M · 907
- Precision, Inc. Employee Stock Ownership Plan and Trust $473M · 658
- Vgm Group, Inc. Employee Stock Ownership Plan $426M · 1,169
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Thompson Solutions Group Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Thompson Solutions Group Employee Stock Ownership Plan assets move in 2024? ▼
How have TEC-CORP plan assets changed over time? ▼
Which ESOP plans are similar in size to Thompson Solutions Group Employee Stock Ownership Plan? ▼
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Filing takeaways
Ways to act on Thompson Solutions Group Employee Stock Ownership Plan's numbers.
- By total assets, Thompson Solutions Group Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- TEC-CORP's sponsor-wide assets have grown 212.3% since 2022 across 3 plan years on file. More Construction plans