ESOP · DOL Form 5500 · 2024

Qspec Solutions, Incorporated ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
19
Participants Small participant base
25th
Percentile by assets National rank
$63,000
Avg per participant Low balance/head
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Official DOL plan name: Qspec Solutions Employee Stock Ownership Plan · Sponsored by Qspec Solutions, Incorporated · Kansas · Professional & Technical Services

$1M in assets, 19 participants

Qspec Solutions, Incorporated's Qspec Solutions Employee Stock Ownership Plan reported $1M in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 25th 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.

  • #3,983 in Professional & Technical Services (20,173 peers)

Qspec Solutions, Incorporated multi-year trail

Qspec Solutions, Incorporated's plans moved +30.3% in assets from 2022 to 2024; this filing shows Qspec Solutions Employee Stock Ownership Plan at $1M / 19 participants.

#3,983
in Professional & Technical Services (20,173 peers)
+110.5%
assets growth YoY

Qspec Solutions Employee Stock Ownership Plan among the smaller filed plans by assets

Qspec Solutions Employee Stock Ownership Plan vs every filed plan by assets

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

$1,197,000 25th percentile higher than 25% 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

Qspec Solutions 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. Qspec Solutions Employee Stock Ownership Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Qspec Solutions Employee Stock Ownership Plan reported net income rose from -$213K in the plan year 2023 filing to $798K in the plan year 2024 filing.
  • Qspec Solutions Employee Stock Ownership Plan end-of-year assets rose from $569K in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 481221332 · Qspec Solutions, Incorporated PY 2024 · ESOP

Qspec Solutions Employee Stock Ownership Plan · $1M · 19 · 25th

  • PCT $1M
  • PCT 19
  • PCT 25th
  • PCT ESOP
  • PCT near Security Bancorp, Inc. Employee Stock Ownership Plan
  • PCT ind #3983

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 Kansas →

Qspec Solutions Employee Stock Ownership Plan in the asset neighbourhood

Qspec Solutions Employee Stock Ownership PlanQspec Solutions Employee Sto…$1MSecurity Bancorp, Inc. Employee Stock Ownership PlanSecurity Bancorp, Inc. Emplo…$1MSignature Solutions, Inc. Employee Stock Ownership PlanSignature Solutions, Inc. Em…$1MCanna Provisions, Inc. Employee Stock Ownership PlanCanna Provisions, Inc. Emplo…$1MRemediation Risk Management Inc. Employee Stock Ownership Plan and TrustRemediation Risk Management …$1M
End-of-year total assets ($M) among Qspec Solutions Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Qspec Solutions, Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All Qspec Solutions, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$1M 30.280893006408473% vs 2022
2024 filing year
$0.4M$0.6M$0.8M$1M$1.2M$1.4M 202220232024 $0.92M $1.2M ▲ +30.4%
Year Plans Participants Total Assets
2022 1 23 $919K
2023 1 19 $569K
2024 1 19 $1M

Qspec Solutions, Incorporated filing trail (2024)

Total Assets (Beginning of Year)$569K
Net Assets (End of Year)$960K
Net Income$798K
Employer EIN481221332
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Kansas

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

Qspec Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants Scatter plot of 6 data points. -500050010001500 -1000100200300400 Total assets ($M) Participants Qspec Solutions Employee Stock Ownership Plan, Total assets ($M): 1.197 · Participants: 19Qspec Solutions Employee Stock Ownership PlanHarcros Chemicals, Inc. Employee Stock Ownership Plan, Total assets ($M): 302.929989 · Participants: 554Harcros Chemicals, Inc. Employee Stock Ownership PlanCerris, Inc. Employee Stock Ownership Plan, Total assets ($M): 261.880582 · Participants: 609Cerris, Inc. Employee Stock Ownership PlanIntegra Technologies Employee Stock Ownership Plan, Total assets ($M): 143.017096 · Participants: 585Integra Technologies Employee Stock Ownership PlanHenderson Companies Employee Stock Ownership Plan, Total assets ($M): 111.840084 · Participants: 1016Henderson Companies Employee Stock Ownership PlanBerkel & Company Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 105.766157 · Participants: 418Berkel & Company Contractors, Inc. Employee Stock Ownership Plan
Qspec Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Kansas, assets vs. participants
Compare Qspec Solutions Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Kansas, the nearest ESOP by assets is Security Bancorp, Inc. Employee Stock Ownership Plan in TN ($1M); by covered participants it is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19 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 Qspec Solutions Employee Stock Ownership Plan assets move in 2024? ▼
Qspec Solutions Employee Stock Ownership Plan surged - up 110.5% during 2024, from $569K to $1M. Reported net income was $798K.
How have Qspec Solutions, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Qspec Solutions, Incorporated's sponsor-wide assets grew 30.3%, from $919K to $1M.
Where does Qspec Solutions Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Qspec Solutions Employee Stock Ownership Plan ranks in the 25th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the lower half of filed plans by assets).
Which ESOP plans are similar in size to Qspec Solutions Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Security Bancorp, Inc. Employee Stock Ownership Plan in TN ($1M, 41 participants).
Which ESOP plans cover a similar participant headcount to Qspec Solutions Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants, $2M 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 481221332.

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.