ESOP · DOL Form 5500 · 2024

Peopletec, Inc. ESOP

Data updated 2026-08-25

$118M
Total assets Near avg plan size
562
Participants Below avg headcount
92nd
Percentile by assets National rank
$210,846
Avg per participant Above avg balance/head
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Official DOL plan name: Peopletec, Inc. Employee Stock Ownership Plan · Sponsored by Peopletec, Inc. · Alabama · Professional & Technical Services

$118M in assets, 562 participants

Peopletec, Inc.'s Peopletec, Inc. Employee Stock Ownership Plan reported $118M in total assets and 562 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #18,708 in Professional & Technical Services (20,173 peers)

Where Peopletec, Inc. Employee Stock Ownership Plan sits by assets

Peopletec, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $118M for 562 participants (~$210,846/participant), up 19.2% in 2024.

#18,708
in Professional & Technical Services (20,173 peers)
+19.2%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Peopletec, Inc. Employee Stock Ownership Plan's outsized position by total assets

Peopletec, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$118,495,412 Top 8% higher than 92% 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

Peopletec, 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. Peopletec, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (562 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Peopletec, Inc. Employee Stock Ownership Plan end-of-year assets rose from $99M in the plan year 2023 filing to $118M in the plan year 2024 filing.
  • Peopletec, Inc. Employee Stock Ownership Plan reported participants rose from 513 in the plan year 2023 filing to 562 in the plan year 2024 filing.
  • Peopletec, Inc. Employee Stock Ownership Plan reported net income fell from $22M in the plan year 2023 filing to $21M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 202320135 · Peopletec, Inc. PY 2024 · ESOP

Peopletec, Inc. Employee Stock Ownership Plan · $118M · 562 · 92nd

  • EIN $118M
  • RANK 562
  • PHOTO 92nd
  • IND ESOP
  • EOY near Ccmsi Holdings, Inc. Employee Stock Ownership Plan
  • 5500 ind #18708

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 Alabama →

Peopletec, Inc. Employee Stock Ownership Plan in the asset neighbourhood

American Mechanical Holdings Employee Stock Ownership PlanAmerican Mechanical Holdings…$119MAberdeen Dynamics Supply, Inc. Employee Stock Ownership PlanAberdeen Dynamics Supply, In…$119MCcmsi Holdings, Inc. Employee Stock Ownership PlanCcmsi Holdings, Inc. Employe…$119MPeopletec, Inc. Employee Stock Ownership PlanPeopletec, Inc. Employee Sto…$118MUlland Brothers, Inc. 2012 Amended and Restated Employee Stock Ownership PlanUlland Brothers, Inc. 2012 A…$118M
End-of-year total assets ($M) among Peopletec, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$96M
Net Income$21M
Employer EIN202320135
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Peopletec, Inc.)

Sponsor-wide plan assets over time

All Peopletec, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$202M 54.56135798650824% vs 2022
2024 filing year
$100M$150M$200M$250M 202220232024 $131M $202M ▲ +54.6%
Year Plans Participants Total Assets
2022 2 1,024 $131M
2023 2 1,059 $168M
2024 2 1,147 $202M

Nearby ESOP Plans in Alabama

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

Peopletec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0100200300400500600 Total assets ($M) Participants Peopletec, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.495412 · Participants: 562Peopletec, Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 515.369863 · Participants: 1644Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 242.741411 · Participants: 298Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 224.790459 · Participants: 125Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 194.917315 · Participants: 1041Radiance Technologies, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries, Total assets ($M): 181.843353 · Participants: 958Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries
Peopletec, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

Peopletec, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Alabama, the nearest ESOP by assets is Ccmsi Holdings, Inc. Employee Stock Ownership Plan in IL ($119M); by covered participants it is The Management Association, Inc. ESOP in CA (562 participants). Same-state nearby plans are listed separately above.

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 Peopletec, Inc. Employee Stock Ownership Plan assets move in 2024?
Peopletec, Inc. Employee Stock Ownership Plan grew sharply - up 19.2% during 2024, from $99M to $118M. Reported net income was $21M.
How have Peopletec, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Peopletec, Inc.'s sponsor-wide assets grew 54.6%, from $131M to $202M.
Where does Peopletec, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Peopletec, Inc. Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Peopletec, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ccmsi Holdings, Inc. Employee Stock Ownership Plan in IL ($119M, 1,300 participants).
Which ESOP plans cover a similar participant headcount to Peopletec, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is The Management Association, Inc. ESOP in CA (562 participants, $46M in assets).