ESOP · DOL Form 5500 · 2023

Hermetic Switch, Inc ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
141
Participants Small participant base
70th
Percentile by assets National rank
$123,234
Avg per participant Near avg balance/head
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Official DOL plan name: Hsi Sensing Employee Stock Ownership Plan · Sponsored by Hermetic Switch, Inc · Oklahoma · Manufacturing

$17M in assets, 141 participants

Hermetic Switch, Inc's Hsi Sensing Employee Stock Ownership Plan reported $17M in total assets and 141 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #11,074 in Manufacturing (18,722 peers)

Coverage in Oklahoma

Hsi Sensing Employee Stock Ownership Plan covers 141 participants in Oklahoma, about 19% of the average Oklahoma filer (state average ~760 per filing). Assets: $17M.

#11,074
in Manufacturing (18,722 peers)
+8.3%
assets growth YoY

Hsi Sensing Employee Stock Ownership Plan's outsized position by total assets

Hsi Sensing Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$17,376,056 Top 30% higher than 70% of 127,068 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 2023

Hsi Sensing Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hsi Sensing Employee Stock Ownership Plan sits mid-pack in the medium band (141 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hsi Sensing Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Hsi Sensing Employee Stock Ownership Plan reported participants rose from 127 in the plan year 2022 filing to 141 in the plan year 2023 filing.
  • Hsi Sensing Employee Stock Ownership Plan end-of-year assets rose from $16M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 730773942 · Hermetic Switch, Inc PY 2023 · ESOP

Hsi Sensing Employee Stock Ownership Plan · $17M · 141 · 70th

  • EBSA $17M
  • PART 141
  • TYPE 70th
  • NET ESOP
  • BOOK near Vergith Contracting Company Employee Stock Ownership Plan
  • VS-ST ind #11074

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 Oklahoma →

Hsi Sensing Employee Stock Ownership Plan in the asset neighbourhood

West Builders, Inc. Employee Stock Ownership PlanWest Builders, Inc. Employee…$17MHsi Sensing Employee Stock Ownership PlanHsi Sensing Employee Stock O…$17MVergith Contracting Company Employee Stock Ownership PlanVergith Contracting Company …$17MLake Bank Shares, Inc. Employee Stock Ownership PlanLake Bank Shares, Inc. Emplo…$17MAmerican Care Partners @ Home, Inc. Employee Stock Ownership PlanAmerican Care Partners @ Hom…$17M
End-of-year total assets ($M) among Hsi Sensing Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN730773942
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hermetic Switch, Inc)

Sponsor-wide plan assets over time

All Hermetic Switch, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$21M 16.233450146238976% vs 2022
2024 filing year
$18M$19M$20M$21M$22M 202220232024 $18.4M $21.4M ▲ +16.3%
Year Plans Participants Total Assets
2022 2 256 $18M
2023 2 285 $20M
2024 2 305 $21M

Nearby ESOP Plans in Oklahoma

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

Hsi Sensing Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 0100200300400 Total assets ($M) Participants Hsi Sensing Employee Stock Ownership Plan, Total assets ($M): 17.376056 · Participants: 141Hsi Sensing Employee Stock Ownership PlanLocke Supply Co. Employee Stock Ownership Plan, Total assets ($M): 310.564256 · Participants: 1300Locke Supply Co. Employee Stock Ownership PlanInternational Chemical Company Employee Stock Ownership Plan, Total assets ($M): 232.047343 · Participants: 62International Chemical Company Employee Stock Ownership PlanMetro Builders Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 155.427941 · Participants: 1305Metro Builders Supply, Inc. Employee Stock Ownership PlanBancfirst Corporation Employee Stock Ownership Plan, Total assets ($M): 147.218916 · Participants: 1631Bancfirst Corporation Employee Stock Ownership PlanAberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.222563 · Participants: 132Aberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan
Hsi Sensing Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants
Compare Hsi Sensing Employee Stock Ownership Plan side-by-side with 3 peers →

Hsi Sensing Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Oklahoma, the nearest ESOP by assets is Vergith Contracting Company Employee Stock Ownership Plan in NV ($17M); by covered participants it is Uma Enterprises Employee Stock Ownership Plan in CA (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hsi Sensing Employee Stock Ownership Plan assets move in 2023? ▼
Hsi Sensing Employee Stock Ownership Plan grew at a solid clip - up 8.3% during 2023, from $16M to $17M. Reported net income was $2M.
How have Hermetic Switch, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hermetic Switch, Inc's sponsor-wide assets grew 16.2%, from $18M to $21M.
Which ESOP plans are similar in size to Hsi Sensing Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Vergith Contracting Company Employee Stock Ownership Plan in NV ($17M, 36 participants).
Which ESOP plans cover a similar participant headcount to Hsi Sensing Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Uma Enterprises Employee Stock Ownership Plan in CA (141 participants, $152K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 730773942.

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.