ESOP · DOL Form 5500 · 2024

Sechan Electronics, Inc. ESOP

Data updated 2026-08-11

$45M
Total assets: 256
Participants: 83rd
Percentile by assets: $177,357
Avg per participant

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.

83rd percentile by assets (of 123,622 plans)
#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.

$45M
total plan assets (2024 EOY): 256
covered participants: 83rd
percentile by assets (of 123,622 plans): $177,357
avg assets per participant

Where Sechan Electronics, Inc. Employee Stock Ownership Plan sits 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

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 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 →

State

Pennsylvania

Industry

Manufacturing

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Sechan Electronics, Inc. Employee Stock Ownership Plan reports 256 participants - about 31% of that state average ($45M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$43M
Net Assets (End of Year)	$45M
Net Income	$2M
Employer EIN	232336672
Plan Effective Date	1988-10-21
Filing Status	FILING RECEIVED

Sponsor Plan History (Sechan Electronics, Inc.)

Total plan assets by year, all Sechan Electronics, Inc. plans on file

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

Wawa, Inc. Employee Stock Ownership Plan $5.5B · 37,745
Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.8B · 544
Sheetz, Inc. Employee Stock Ownership Plan $721M · 14,939
Centimark Corporation Employee Stock Ownership Plan and Trust $680M · 2,444
D & H Employee Stock Ownership Plan $314M · 1,459

Compare Sechan Electronics, Inc. Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Fund Evaluation Group Employee Stock Ownership Plan (OH) $45M · 123
California Hydronics Corporation Employee Stock Ownership Plan (CA) $45M · 180
Wolgast Corporation Employee Stock Ownership Plan (MI) $45M · 99
Thompson Concrete Employee Stock Ownership Plan (OH) $46M · 308

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).

Next read for Sechan Electronics, Inc. Employee Stock …

Filing takeaways

Ways to act on Sechan Electronics, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Sechan Electronics, 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
Sechan Electronics, Inc.'s sponsor-wide assets have grown 11.1% 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 232336672.