ESOP · DOL Form 5500 · 2024

TEC-CORP ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
173
Participants Small participant base
60th
Percentile by assets National rank
$71,430
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#5,310
in Construction (9,039 peers)
+54.5%
assets growth YoY

Thompson Solutions Group Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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

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

Thompson Solutions Group Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Thompson Solutions Group Employee Stock Ownership Plan sits mid-pack in the medium band (173 participants).

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 421011760 · TEC-CORP PY 2024 · ESOP

Thompson Solutions Group Employee Stock Ownership Plan · $12M · 173 · 60th

  • 5500 $12M
  • 5500 173
  • 5500 60th
  • 5500 ESOP
  • 5500 near Malk Employee Stock Ownership Plan
  • 5500 ind #5310

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 Iowa →

Thompson Solutions Group Employee Stock Ownership Plan in the asset neighbourhood

Mesa Verde Enterprises Holdings, Inc. ESOPMesa Verde Enterprises Holdi…$12MThompson Solutions Group Employee Stock Ownership PlanThompson Solutions Group Emp…$12MMalk Employee Stock Ownership PlanMalk Employee Stock Ownershi…$12MNkw, Inc. Employee Stock Ownership PlanNkw, Inc. Employee Stock Own…$12MNewwave Technologies, Inc. Employee Stock Ownership PlanNewwave Technologies, Inc. E…$12M
End-of-year total assets ($M) among Thompson Solutions Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$6M
Net Income$6M
Employer EIN421011760
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TEC-CORP)

Sponsor-wide plan assets over time

All TEC-CORP plans reported in each filing year

Latest sponsor-wide plan assets
$33M 212.2673153165018% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $10.5M $32.8M ▲ +212.3%
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 Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Thompson Solutions Group Employee Stock Ownership Plan, Total assets ($M): 12.35746 · Participants: 173Thompson Solutions Group Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Thompson Solutions Group Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Thompson Solutions Group Employee Stock Ownership Plan side-by-side with 3 peers →

Thompson Solutions Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Malk Employee Stock Ownership Plan in CA ($12M); by covered participants it is Beta Group, Inc. Employee Stock Ownership Plan in RI (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Thompson Solutions Group Employee Stock Ownership Plan assets move in 2024? ▼
Thompson Solutions Group Employee Stock Ownership Plan surged - up 54.5% during 2024, from $8M to $12M. Reported net income was $6M.
How have TEC-CORP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), TEC-CORP's sponsor-wide assets grew 212.3%, from $11M to $33M.
Which ESOP plans are similar in size to Thompson Solutions Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Malk Employee Stock Ownership Plan in CA ($12M, 69 participants).
Which ESOP plans cover a similar participant headcount to Thompson Solutions Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Beta Group, Inc. Employee Stock Ownership Plan in RI (173 participants, $30M 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 421011760.

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.