Other · DOL Form 5500 · 2024
Suntec Employee Stock Ownership Plan
Data updated 2026-07-23
- $171M
- Total assets
- 1,444
- Participants
- 94th
- Percentile by assets
- $118,353
- Avg per participant
Sponsored by Suntec Holdings, Inc. · Arizona · Construction
What the 2024 filing shows
Suntec Employee Stock Ownership Plan holds $171M for 1,444 participants - about $118,353 per participant, in the top 10% of all filed plans by assets, up 765.5% over the 2024 plan year.
- $171M
- total plan assets (2024 EOY)
- 1,444
- covered participants
- 94th
- percentile by assets (of 116,472 plans)
- $118,353
- avg assets per participant
The plan reported a net loss of $119M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Other · DOL Form 5500 · 2024
What the Filing Says About Suntec Employee Stock Ownership Plan
Suntec Employee Stock Ownership Plan is an Other retirement plan sponsored by Suntec Holdings, Inc., headquartered in Arizona. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $171M in total end-of-year assets and covers 1,444 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 934872772, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets surged from $20M at the beginning of 2024 to $171M at year-end - up 765.5%. Net assets (after liabilities) closed the year at -$99M, with reported net income of -$119M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.
By assets, Suntec Employee Stock Ownership Plan outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M and 730 average participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Suntec Employee Stock Ownership Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2024)
| Total Assets (Beginning of Year) | $20M |
|---|---|
| Total Assets (End of Year) | $171M |
| Net Assets (End of Year) | -$99M |
| Net Income | -$119M |
| Plan Type | Other |
| Employer EIN | 934872772 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING RECEIVED |
Nearby Other Plans in Arizona
Peer Other plans, same state, same plan type, ranked by total assets.
Suntec Employee Stock Ownership Plan vs. nearby Other plans in Arizona, assets vs. participants
- Desert States Employers & Ufcw Unions Pension Plan $1.0B · 24,099
- Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan $415M · 263
- Operating Engineers Local 428 Annuity Trust Fund $313M · 7,789
- Wilson Electric Services Corp. Employee Stock Ownership Plan $262M · 757
- IBEW Local No 640 & Az Chapter NECA Defined Benefit Pension Plan $229M · 1,996
Frequently Asked Questions
How much money is in the Suntec Employee Stock Ownership Plan? ▼
What type of plan is Suntec Employee Stock Ownership Plan? ▼
Who sponsors the Suntec Employee Stock Ownership Plan? ▼
How did Suntec Employee Stock Ownership Plan perform in 2024? ▼
What this filing means
Ways to act on Suntec Employee Stock Ownership Plan's numbers.
- By total assets, Suntec Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Other plans in Arizona. Compare plans
- An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 934872772.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-23.