ESOP · DOL Form 5500 · 2024

Kennebec Technologies ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
52
Participants Small participant base
35th
Percentile by assets National rank
$62,828
Avg per participant Low balance/head
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Official DOL plan name: Kennebec Technologies Employee Stock Ownership Plan · Sponsored by Kennebec Technologies · Maine · Manufacturing

$3M in assets, 52 participants

Kennebec Technologies's Kennebec Technologies Employee Stock Ownership Plan reported $3M in total assets and 52 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,309 in Manufacturing (17,777 peers)

Kennebec Technologies multi-year trail

Kennebec Technologies's plans moved +47.3% in assets from 2022 to 2024; this filing shows Kennebec Technologies Employee Stock Ownership Plan at $3M / 52 participants.

#3,309
in Manufacturing (17,777 peers)
+12.2%
assets growth YoY

Kennebec Technologies Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Kennebec Technologies Employee Stock Ownership Plan vs every filed plan by assets

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

$3,267,051 35th percentile higher than 35% 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

Kennebec Technologies 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. Kennebec Technologies 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

  • Kennebec Technologies Employee Stock Ownership Plan reported net income fell from $700K in the plan year 2023 filing to $357K in the plan year 2024 filing.
  • Kennebec Technologies Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Kennebec Technologies Employee Stock Ownership Plan reported participants fell from 53 in the plan year 2023 filing to 52 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 010353617 · Kennebec Technologies PY 2024 · ESOP

Kennebec Technologies Employee Stock Ownership Plan · $3M · 52 · 35th

  • BOY $3M
  • SCH 52
  • EBSA 35th
  • PART ESOP
  • TYPE near Irp Group, Inc. Employee Stock Ownership Plan
  • NET ind #3309

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 Maine →

Kennebec Technologies Employee Stock Ownership Plan in the asset neighbourhood

Kennebec Technologies Employee Stock Ownership PlanKennebec Technologies Employ…$3MIrp Group, Inc. Employee Stock Ownership PlanIrp Group, Inc. Employee Sto…$3MPhi Employee Stock Ownership PlanPhi Employee Stock Ownership…$3MReed Associates, Inc. Employee Stock Ownership PlanReed Associates, Inc. Employ…$3MBank of Kilmichael Employee Stock Ownership PlanBank of Kilmichael Employee …$3M
End-of-year total assets ($M) among Kennebec Technologies Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Kennebec Technologies multi-year asset trail

Sponsor-wide plan assets over time

All Kennebec Technologies plans reported in each filing year

Latest sponsor-wide plan assets
$3M 47.30287107615535% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M 202220232024 $2.22M $3.27M ▲ +47.3%
Year Plans Participants Total Assets
2022 1 50 $2M
2023 1 53 $3M
2024 1 52 $3M

Kennebec Technologies filing trail (2024)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$357K
Employer EIN010353617
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maine

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

Kennebec Technologies Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0200400600 -50050100150 Total assets ($M) Participants Kennebec Technologies Employee Stock Ownership Plan, Total assets ($M): 3.267051 · Participants: 52Kennebec Technologies Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 132.8512 · Participants: 513Sc Holdings, Inc. Employee Stock Ownership PlanMaine Drilling & Blasting Group Employee Stock Ownership Plan, Total assets ($M): 91.887524 · Participants: 440Maine Drilling & Blasting Group Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 73.244662 · Participants: 252Johnnys Selected Seeds Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 51.145486 · Participants: 178Systems Engineering, Inc. Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 49.221774 · Participants: 80Portland Air Freight, Inc. Employee Stock Ownership Plan
Kennebec Technologies Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Kennebec Technologies Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Maine, the nearest ESOP by assets is Irp Group, Inc. Employee Stock Ownership Plan in PA ($3M); 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.

Similar participant headcount

Nearest other-state filings by covered participants (52 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 Kennebec Technologies Employee Stock Ownership Plan assets move in 2024? ▼
Kennebec Technologies Employee Stock Ownership Plan grew at a solid clip - up 12.2% during 2024, from $3M to $3M. Reported net income was $357K.
How have Kennebec Technologies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kennebec Technologies's sponsor-wide assets grew 47.3%, from $2M to $3M.
Which ESOP plans are similar in size to Kennebec Technologies Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Irp Group, Inc. Employee Stock Ownership Plan in PA ($3M, 14 participants).
Which ESOP plans cover a similar participant headcount to Kennebec Technologies 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).

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 010353617.

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.