ESOP · DOL Form 5500 · 2024

Sechan Electronics, Inc. ESOP

Data updated 2026-08-25

$45M
Total assets Below avg plan size
256
Participants Below avg headcount
83rd
Percentile by assets National rank
$177,357
Avg per participant Above avg balance/head
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Official DOL plan name: Sechan Electronics, Inc. Employee Stock Ownership Plan · Sponsored by Sechan Electronics, Inc. · Pennsylvania · Manufacturing

$45M in assets, 256 participants

Sechan Electronics, Inc.'s Sechan Electronics, Inc. Employee Stock Ownership Plan reported $45M in total assets and 256 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.

  • #13,514 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Sechan Electronics, Inc. Employee Stock Ownership Plan covers 256 participants in Pennsylvania, about 31% of the average Pennsylvania filer (state average ~822 per filing). Assets: $45M.

#13,514
in Manufacturing (17,777 peers)
+5.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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

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

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

$45,403,351 Top 17% higher than 83% 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

Sechan Electronics, 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. Sechan Electronics, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (256 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sechan Electronics, Inc. Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Sechan Electronics, Inc. Employee Stock Ownership Plan reported participants fell from 271 in the plan year 2023 filing to 256 in the plan year 2024 filing.
  • Sechan Electronics, Inc. Employee Stock Ownership Plan end-of-year assets rose from $43M in the plan year 2023 filing to $45M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 232336672 · Sechan Electronics, Inc. PY 2024 · ESOP

Sechan Electronics, Inc. Employee Stock Ownership Plan · $45M · 256 · 83rd

  • VS-ST $45M
  • BOY 256
  • SCH 83rd
  • EBSA ESOP
  • PART near Fund Evaluation Group Employee Stock Ownership Plan
  • TYPE ind #13514

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 →

Sechan Electronics, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Thompson Concrete Employee Stock Ownership PlanThompson Concrete Employee S…$46MFund Evaluation Group Employee Stock Ownership PlanFund Evaluation Group Employ…$45MSechan Electronics, Inc. Employee Stock Ownership PlanSechan Electronics, Inc. Emp…$45MCalifornia Hydronics Corporation Employee Stock Ownership PlanCalifornia Hydronics Corpora…$45MWolgast Corporation Employee Stock Ownership PlanWolgast Corporation Employee…$45M
End-of-year total assets ($M) among Sechan Electronics, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$45M
Net Income$2M
Employer EIN232336672
Plan Effective Date1988-10-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Sechan Electronics, Inc.)

Sponsor-wide plan assets over time

All Sechan Electronics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 11.12890401047487% vs 2022
2024 filing year
$58M$60M$62M$64M$66M$68M 202220232024 $59.3M $65.9M ▲ +11.1%
Year Plans Participants Total Assets
2022 2 600 $59M
2023 2 560 $64M
2024 2 554 $66M

Nearby ESOP Plans in Pennsylvania

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

Sechan Electronics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Sechan Electronics, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.045403351 · Participants: 256Sechan Electronics, 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
Sechan Electronics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Sechan Electronics, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Fund Evaluation Group Employee Stock Ownership Plan in OH ($45M); by covered participants it is Sb Financial Group Employee Stock Ownership Plan in OH (255 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (256 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.

Frequently Asked Questions

How did Sechan Electronics, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Sechan Electronics, Inc. Employee Stock Ownership Plan grew at a solid clip - up 5.3% during 2024, from $43M to $45M. Reported net income was $2M.
How have Sechan Electronics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sechan Electronics, Inc.'s sponsor-wide assets grew 11.1%, from $59M to $66M.
Where does Sechan Electronics, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Sechan Electronics, Inc. Employee Stock Ownership Plan ranks in the 83rd 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 Sechan Electronics, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Fund Evaluation Group Employee Stock Ownership Plan in OH ($45M, 123 participants).
Which ESOP plans cover a similar participant headcount to Sechan Electronics, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sb Financial Group Employee Stock Ownership Plan in OH (255 participants, $6M in assets).

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 232336672.

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.