ESOP · DOL Form 5500 · 2024

Tech Met, Inc. ESOP

Data updated 2026-08-11

$26M
Total assets
52
Participants
75th
Percentile by assets
$495,438
Avg per participant
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Official DOL plan name: Tech Met, Inc. Employee Stock Ownership Plan · Sponsored by Tech Met, Inc. · Pennsylvania · Manufacturing

$26M in assets, 52 participants

Tech Met, Inc.'s Tech Met, Inc. Employee Stock Ownership Plan reported $26M in total assets and 52 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 123,622 plans)
  • #11,637 in Manufacturing (17,777 peers)

Where Tech Met, Inc. Employee Stock Ownership Plan sits by assets

Tech Met, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $26M for 52 participants (~$495,438/participant), up 7.6% in 2024.

$26M
total plan assets (2024 EOY)
52
covered participants
75th
percentile by assets (of 123,622 plans)
$495,438
avg assets per participant

Where Tech Met, Inc. Employee Stock Ownership Plan sits by total assets

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

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

$25,762,800 Top 25% higher than 75% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tech Met, Inc. Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Tech Met, Inc. Employee Stock Ownership Plan end-of-year assets rose from $24M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Tech Met, Inc. Employee Stock Ownership Plan reported participants rose from 51 in the plan year 2023 filing to 52 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Pennsylvania
Industry
Manufacturing

Tech Met, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Tech Met, Inc. Employee Stock Ownership Plan outranks 75% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$24M
Net Income$2M
Employer EIN251687776
Plan Effective Date2013-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tech Met, Inc.)

$15M$20M$25M$30M 202220232024 $17.8M $25.8M ▲ +44.8%
Total plan assets by year, all Tech Met, Inc. plans on file
Year Plans Participants Total Assets
2022 1 46 $18M
2023 1 51 $24M
2024 1 52 $26M

Nearby ESOP Plans in Pennsylvania

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

Tech Met, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Tech Met, Inc. Emplo…, Total assets ($B): 0.0257628 · Participants: 52Tech Met, Inc. Emplo…Wawa, Inc. Employee …, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee …Bradford White Corpo…, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corpo…Sheetz, Inc. Employe…, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employe…Centimark Corporatio…, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporatio…D & H Employee Stock…, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock…
Tech Met, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Tech Met, Inc. Employee Stock Ownership … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tech Met, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Tech Met, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Tech Met, Inc. Employee Stock Ownership Plan grew at a solid clip - up 7.6% during 2024, from $24M to $26M. Reported net income was $2M.
How have Tech Met, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tech Met, Inc.'s sponsor-wide assets grew 44.8%, from $18M to $26M.
Where does Tech Met, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Tech Met, Inc. Employee Stock Ownership Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Tech Met, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is General Rubber & Plastics of Louisville, Inc. Employee Stock in KY ($26M, 68 participants).

Next read for Tech Met, Inc. Employee Stock Ownership …

Scale reading

Ways to act on Tech Met, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Tech Met, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
  • Tech Met, Inc.'s sponsor-wide assets have grown 44.8% since 2022 across 3 plan years on file. More Manufacturing 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 251687776.

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.