ESOP · DOL Form 5500 · 2024
Re/Spec Inc. ESOP
Data updated 2026-07-24
- $45M
- Total assets
- 497
- Participants
- 83rd
- Percentile by assets
- $90,551
- Avg per participant
Official DOL plan name: Re/Spec Inc. Employee Stock Ownership Plan · Sponsored by Re/Spec Inc. · South Dakota · Professional & Technical Services
$45M in assets, 497 participants
Re/Spec Inc.'s Re/Spec Inc. Employee Stock Ownership Plan reported $45M in total assets and 497 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 116,472 plans)
Where Re/Spec Inc. Employee Stock Ownership Plan sits by assets
Re/Spec Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $45M for 497 participants (~$90,551/participant), up 4.4% in 2024.
- $45M
- total plan assets (2024 EOY)
- 497
- covered participants
- 83rd
- percentile by assets (of 116,472 plans)
- $90,551
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Re/Spec Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Re/Spec Inc. Employee Stock Ownership Plan reported participants rose from 471 in the plan year 2023 filing to 497 in the plan year 2024 filing.
- Re/Spec 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.
Re/Spec Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Re/Spec Inc. Employee Stock Ownership Plan outranks 83% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $43M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | $2M |
| Employer EIN | 460315848 |
| Plan Effective Date | 1991-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Re/Spec Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 969 | $89M |
| 2023 | 2 | 952 | $103M |
| 2024 | 2 | 991 | $112M |
Nearby ESOP Plans in South Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Re/Spec Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants
- Showplace Wood Products, Inc. Employee Stock Ownership Plan $104M · 529
- Fishback Financial Corporation Employee Stock Ownership Plan $56M · 715
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $46M · 87
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $42M · 108
- Vps Employee Stock Ownership Plan $37M · 354
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Re/Spec Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Re/Spec Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Re/Spec Inc. plan assets changed over time? ▼
Where does Re/Spec Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Scale reading
Ways to act on Re/Spec Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Re/Spec 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 South Dakota. Compare plans
- Re/Spec Inc.'s sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Professional & Technical Services 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 460315848.
Read our methodology - how this data is sourced, computed, and verified.