ESOP · DOL Form 5500 · 2024
Peopletec, Inc. ESOP
Data updated 2026-07-24
- $118M
- Total assets
- 562
- Participants
- 92nd
- Percentile by assets
- $210,846
- Avg per participant
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.
- 92nd percentile by assets (of 116,472 plans)
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.
- $118M
- total plan assets (2024 EOY)
- 562
- covered participants
- 92nd
- percentile by assets (of 116,472 plans)
- $210,846
- avg assets per participant
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.
Peopletec, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Peopletec, Inc. Employee Stock Ownership Plan outranks 92% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.2x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $99M |
|---|---|
| Net Assets (End of Year) | $96M |
| Net Income | $21M |
| Employer EIN | 202320135 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Peopletec, Inc.)
| 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
- Starfish Holdings, Inc. Employee Stock Ownership Plan $515M · 1,644
- Inline Electric Employee Stock Ownership Plan $243M · 298
- Signature Homes Employee Stock Ownership Plan $225M · 125
- Radiance Technologies, Inc. Employee Stock Ownership Plan $195M · 1,041
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries $182M · 958
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Peopletec, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Aberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan (OK) $119M · 172
- Ulland Brothers, Inc. 2012 Amended and Restated Employee Stock Ownership Plan (MN) $118M · 62
- American Mechanical Holdings Employee Stock Ownership Plan (MD) $119M · 273
- Jacobsen Construction Company, Inc. Employee Stock Ownership Plan (UT) $120M · 605
Frequently Asked Questions
How did Peopletec, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Peopletec, Inc. plan assets changed over time? ▼
Where does Peopletec, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Peopletec, Inc. Employee Stock Ownership Plan? ▼
Next read for Peopletec, Inc. Employee Stock Ownership…
Scale reading
Ways to act on Peopletec, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Peopletec, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Alabama. Compare plans
- Peopletec, Inc.'s sponsor-wide assets have grown 54.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans
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 202320135.
Read our methodology - how this data is sourced, computed, and verified.