ESOP · DOL Form 5500 · 2024

Industrial Turnaround Corporation ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
477
Participants Below avg headcount
62nd
Percentile by assets National rank
$27,614
Avg per participant Low balance/head
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Official DOL plan name: Itac ESOP Retirement Plan and Trust · Sponsored by Industrial Turnaround Corporation · Virginia · Professional & Technical Services

$13M in assets, 477 participants

Industrial Turnaround Corporation's Itac ESOP Retirement Plan and Trust reported $13M in total assets and 477 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #12,219 in Professional & Technical Services (20,173 peers)

Industrial Turnaround Corporation multi-year trail

Industrial Turnaround Corporation's plans moved +37.7% in assets from 2022 to 2024; this filing shows Itac ESOP Retirement Plan and Trust at $13M / 477 participants.

#12,219
in Professional & Technical Services (20,173 peers)
+48.9%
assets growth YoY

Itac ESOP Retirement Plan and Trust's mid-pack asset rank among Professional & Technical Services and all filers

Itac ESOP Retirement Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$13,171,703 Top 38% higher than 62% 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

Itac ESOP Retirement Plan and Trust 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. Itac ESOP Retirement Plan and Trust sits mid-pack in the medium band (477 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Itac ESOP Retirement Plan and Trust reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Itac ESOP Retirement Plan and Trust end-of-year assets rose from $9M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Itac ESOP Retirement Plan and Trust reported participants rose from 453 in the plan year 2023 filing to 477 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 541453225 · Industrial Turnaround Corporation PY 2024 · ESOP

Itac ESOP Retirement Plan and Trust · $13M · 477 · 62nd

  • 5500 $13M
  • ASSETS 477
  • PCT 62nd
  • EIN ESOP
  • RANK near Cfm Distributors, Inc. Employee Stock Ownership Plan and Trust
  • PHOTO ind #12219

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 Virginia →

Itac ESOP Retirement Plan and Trust in the asset neighbourhood

Capital Lighting Fixture Co. Employee Stock Ownership PlanCapital Lighting Fixture Co.…$13MCfm Distributors, Inc. Employee Stock Ownership Plan and TrustCfm Distributors, Inc. Emplo…$13MItac ESOP Retirement Plan and TrustItac ESOP Retirement Plan an…$13MGreene Light Holding Company Employee Stock Ownership PlanGreene Light Holding Company…$13MDanco Anodizing, Inc. Profit Sharing PlanDanco Anodizing, Inc. Profit…$13M
End-of-year total assets ($M) among Itac ESOP Retirement Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Industrial Turnaround Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Industrial Turnaround Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$68M 37.72616670942499% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $49.6M $68.3M ▲ +37.7%
Year Plans Participants Total Assets
2022 2 912 $50M
2023 2 905 $59M
2024 2 956 $68M

Industrial Turnaround Corporation filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$13M
Net Income$4M
Employer EIN541453225
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Itac ESOP Retirement Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Itac ESOP Retirement Plan and Trust, Total assets ($B): 0.013171703 · Participants: 477Itac ESOP Retirement Plan and TrustNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership Plan
Itac ESOP Retirement Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants

Itac ESOP Retirement Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Cfm Distributors, Inc. Employee Stock Ownership Plan and Trust in MO ($13M); by covered participants it is A & a Maintenance Enterprise, Inc. Employee Stock Ownership Plan in NY (477 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (477 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 Itac ESOP Retirement Plan and Trust assets move in 2024?
Itac ESOP Retirement Plan and Trust surged - up 48.9% during 2024, from $9M to $13M. Reported net income was $4M.
How have Industrial Turnaround Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Industrial Turnaround Corporation's sponsor-wide assets grew 37.7%, from $50M to $68M.
Which ESOP plans are similar in size to Itac ESOP Retirement Plan and Trust?
Among ESOP plans in other states, the closest by assets is Cfm Distributors, Inc. Employee Stock Ownership Plan and Trust in MO ($13M, 71 participants).
Which ESOP plans cover a similar participant headcount to Itac ESOP Retirement Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is A & a Maintenance Enterprise, Inc. Employee Stock Ownership Plan in NY (477 participants, $17M in assets).