ESOP · DOL Form 5500 · 2024

Re/Spec Inc. ESOP

Data updated 2026-08-25

$45M
Total assets Below avg plan size
497
Participants Below avg headcount
83rd
Percentile by assets National rank
$90,551
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #16,863 in Professional & Technical Services (20,173 peers)

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.

#16,863
in Professional & Technical Services (20,173 peers)
+4.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Re/Spec Inc. Employee Stock Ownership Plan's outsized position by total assets

Re/Spec Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$45,003,648 Top 17% higher than 83% 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

Re/Spec Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Re/Spec Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (497 participants).

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 460315848 · Re/Spec Inc. PY 2024 · ESOP

Re/Spec Inc. Employee Stock Ownership Plan · $45M · 497 · 83rd

  • NET $45M
  • BOOK 497
  • VS-ST 83rd
  • BOY ESOP
  • SCH near Vargo Solutions, Inc. Employee Stock Ownership Plan
  • EBSA ind #16863

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 South Dakota →

Re/Spec Inc. Employee Stock Ownership Plan in the asset neighbourhood

Cepeda Associates, Inc. Employee Stock Ownership PlanCepeda Associates, Inc. Empl…$45MRe/Spec Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock …$45MVargo Solutions, Inc. Employee Stock Ownership PlanVargo Solutions, Inc. Employ…$45MAbbey Construction Co., Inc. Employee Stock Ownership PlanAbbey Construction Co., Inc.…$45MSayers Technology Holdings, Inc. Employee Stock Ownership PlanSayers Technology Holdings, …$45M
End-of-year total assets ($M) among Re/Spec Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$45M
Net Income$2M
Employer EIN460315848
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Re/Spec Inc.)

Sponsor-wide plan assets over time

All Re/Spec Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$112M 26.20228073330945% vs 2022
2024 filing year
$80M$90M$100M$110M$120M 202220232024 $89.1M $112M ▲ +26.2%
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 Scatter plot of 6 data points. 0200400600800 20406080100120 Total assets ($M) Participants Re/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 45.003648 · Participants: 497Re/Spec Inc. Employee Stock Ownership PlanShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 103.967023 · Participants: 529Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 56.010399 · Participants: 715Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 46.027058 · Participants: 87Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 41.777263 · Participants: 108The Ramkota Companies, Inc. Employee Stock Ownership Plan and TrustVps Employee Stock Ownership Plan, Total assets ($M): 37.116666 · Participants: 354Vps Employee Stock Ownership Plan
Re/Spec Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants
Compare Re/Spec Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Re/Spec Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside South Dakota, the nearest ESOP by assets is Vargo Solutions, Inc. Employee Stock Ownership Plan in OH ($45M); by covered participants it is Lt Corporation & Affiliates Employee Stock Ownership Plan in MS (499 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (497 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 Re/Spec Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Re/Spec Inc. Employee Stock Ownership Plan edged up modestly - up 4.4% during 2024, from $43M to $45M. Reported net income was $2M.
How have Re/Spec Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Re/Spec Inc.'s sponsor-wide assets grew 26.2%, from $89M to $112M.
Where does Re/Spec Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Re/Spec 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 Re/Spec Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Vargo Solutions, Inc. Employee Stock Ownership Plan in OH ($45M, 81 participants).
Which ESOP plans cover a similar participant headcount to Re/Spec Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Lt Corporation & Affiliates Employee Stock Ownership Plan in MS (499 participants, $179M 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 460315848.

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.