ESOP · DOL Form 5500 · 2024

Tech Met, Inc. ESOP

Data updated 2026-08-25

$26M
Total assets Below avg plan size
52
Participants Small participant base
75th
Percentile by assets National rank
$495,438
Avg per participant High balance/head
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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.

  • #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.

#11,637
in Manufacturing (17,777 peers)
+7.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Tech Met, Inc. Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Tech Met, Inc. 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. Tech Met, Inc. Employee Stock Ownership Plan is a small filing (52 participants) on this national headcount ladder.

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 →

DOL schedule card

Filing strip 251687776 · Tech Met, Inc. PY 2024 · ESOP

Tech Met, Inc. Employee Stock Ownership Plan · $26M · 52 · 75th

  • BOY $26M
  • SCH 52
  • EBSA 75th
  • PART ESOP
  • TYPE near General Rubber & Plastics of Louisville, Inc. Employee Stock
  • NET ind #11637

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 Pennsylvania →

Tech Met, Inc. Employee Stock Ownership Plan in the asset neighbourhood

D & M Industries, Inc. Employee Stock Ownership Plan and TrustD & M Industries, Inc. Emplo…$26MTech Met, Inc. Employee Stock Ownership PlanTech Met, Inc. Employee Stoc…$26MGeneral Rubber & Plastics of Louisville, Inc. Employee StockGeneral Rubber & Plastics of…$26MWinn Construction Inc. Employee Stock Ownership PlanWinn Construction Inc. Emplo…$26MBrewer Science Employee Stock Ownership PlanBrewer Science Employee Stoc…$26M
End-of-year total assets ($M) among Tech Met, 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)$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.)

Sponsor-wide plan assets over time

All Tech Met, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 44.797875479492475% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.8M $25.8M ▲ +44.8%
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 ($B) Participants Tech Met, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0257628 · Participants: 52Tech Met, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Tech Met, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

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

Outside Pennsylvania, the nearest ESOP by assets is General Rubber & Plastics of Louisville, Inc. Employee Stock in KY ($26M); by covered participants it is Pro-Tec Design, Inc. Employee Stock Ownership Plan in MN (52 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 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).
Which ESOP plans cover a similar participant headcount to Tech Met, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pro-Tec Design, Inc. Employee Stock Ownership Plan in MN (52 participants, $820K in assets).