ESOP · DOL Form 5500 · 2024
Scitec, Inc. ESOP
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 306
- Participants Below avg headcount
- 83rd
- Percentile by assets National rank
- $142,304
- Avg per participant Near avg balance/head
Official DOL plan name: Scitec, Inc. Employee Stock Ownership Plan · Sponsored by Scitec, Inc. · New Jersey · Professional & Technical Services
$44M in assets, 306 participants
Scitec, Inc.'s Scitec, Inc. Employee Stock Ownership Plan reported $44M in total assets and 306 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- #16,765 in Professional & Technical Services (20,173 peers)
Coverage in New Jersey
Scitec, Inc. Employee Stock Ownership Plan covers 306 participants in New Jersey, about 36% of the average New Jersey filer (state average ~844 per filing). Assets: $44M.
- #16,765
- in Professional & Technical Services (20,173 peers)
- +201.9%
- assets growth YoY
- 0.4×
- vs typical plan assets (national mean)
Scitec, Inc. Employee Stock Ownership Plan's outsized position by total assets
Scitec, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$43,545,000 Top 17% higher than 83% 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
Scitec, Inc. 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. Scitec, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (306 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Scitec, Inc. Employee Stock Ownership Plan reported net income rose from -$411K in the plan year 2023 filing to $30M in the plan year 2024 filing.
- Scitec, Inc. Employee Stock Ownership Plan end-of-year assets rose from $14M in the plan year 2023 filing to $44M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 222255328 · Scitec, Inc. PY 2024 · ESOP
Scitec, Inc. Employee Stock Ownership Plan · $44M · 306 · 83rd
- EIN $44M
- RANK 306
- PHOTO 83rd
- IND ESOP
- EOY near Rsp Architects, Ltd Employee Stock Ownership Plan
- 5500 ind #16765
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 New Jersey →
Scitec, Inc. Employee Stock Ownership Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $14M |
|---|---|
| Net Assets (End of Year) | $30M |
| Net Income | $30M |
| Employer EIN | 222255328 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Scitec, Inc.)
Sponsor-wide plan assets over time
All Scitec, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $104M 225.08002590691314% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 154 | $32M |
| 2023 | 2 | 506 | $59M |
| 2024 | 2 | 610 | $104M |
Nearby ESOP Plans in New Jersey
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Okonite Company Employees Stock Ownership Plan $446M · 1,176
- Conair LLC Savings and Investment Plan $303M · 1,275
- Mathematica Group Holding Inc. Employee Stock Ownership Plan $281M · 1,740
- Amboy Bancorporation Employee Stock Ownership Plan $105M · 199
- Railroad Construction Company, Inc. Employee Stock Ownership Plan $88M · 144
Scitec, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside New Jersey, the nearest ESOP by assets is Rsp Architects, Ltd Employee Stock Ownership Plan in MN ($44M); by covered participants it is Pittsburg Tank & Tower Group, Inc. Employee Stock Ownership Plan in KY (306 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
- Rsp Architects, Ltd Employee Stock Ownership Plan (MN) $44M · 298
- Cornerstone Systems, Inc. Employee Stock Ownership Plan (TN) $44M · 168
- Classic Transportation Services, Inc. Employee Stock Ownership Plan (MI) $44M · 35
- Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan (ND) $43M · 121
Similar participant headcount
Nearest other-state filings by covered participants (306 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.