ESOP · DOL Form 5500 · 2024
Teksouth Corporation ESOP
Data updated 2026-08-25
- $8M
- Total assets Small plan by assets
- 156
- Participants Small participant base
- 51st
- Percentile by assets National rank
- $51,046
- Avg per participant Low balance/head
Official DOL plan name: Teksouth Corporation Employee Stock Ownership Plan · Sponsored by Teksouth Corporation · Alabama · Professional & Technical Services
$8M in assets, 156 participants
Teksouth Corporation's Teksouth Corporation Employee Stock Ownership Plan reported $8M in total assets and 156 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.
- #9,896 in Professional & Technical Services (20,173 peers)
Coverage in Alabama
Teksouth Corporation Employee Stock Ownership Plan covers 156 participants in Alabama, about 43% of the average Alabama filer (state average ~360 per filing). Assets: $8M.
- #9,896
- in Professional & Technical Services (20,173 peers)
- +91.5%
- assets growth YoY
Teksouth Corporation Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers
Teksouth Corporation Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$7,963,148 Top 49% higher than 51% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Teksouth Corporation 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. Teksouth Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (156 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Teksouth Corporation Employee Stock Ownership Plan end-of-year assets rose from $4M in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Teksouth Corporation Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Teksouth Corporation Employee Stock Ownership Plan reported participants rose from 131 in the plan year 2023 filing to 156 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 630847337 · Teksouth Corporation PY 2024 · ESOP
Teksouth Corporation Employee Stock Ownership Plan · $8M · 156 · 51st
- EBSA $8M
- PART 156
- TYPE 51st
- NET ESOP
- BOOK near Commodity Control Corporation Employee Stock Ownership Plan
- VS-ST ind #9896
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 Alabama →
Teksouth Corporation Employee Stock Ownership Plan in the asset neighbourhood
Alabama filing particulars
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | $4M |
| Employer EIN | 630847337 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Teksouth Corporation)
Sponsor-wide plan assets over time
All Teksouth Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $25M 76.8003418629564% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 272 | $14M |
| 2023 | 2 | 263 | $19M |
| 2024 | 2 | 310 | $25M |
Nearby ESOP Plans in Alabama
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Starfish Holdings, Inc. Employee Stock Ownership Plan $515M · 1,644
- Inline Electric Employee Stock Ownership Plan $243M · 298
- Signature Homes Employee Stock Ownership Plan $225M · 125
- Radiance Technologies, Inc. Employee Stock Ownership Plan $195M · 1,041
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries $182M · 958
Teksouth Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Alabama, the nearest ESOP by assets is Commodity Control Corporation Employee Stock Ownership Plan in FL ($8M); by covered participants it is Loureiro Engineering Associates, Inc. Employee Stock Ownership Plan in CT (156 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($8M here).
- Commodity Control Corporation Employee Stock Ownership Plan (FL) $8M · 25
- U. S. Engineering Company Holdings Employee Stock Ownership Plan & Trust (MO) $8M · 371
- Asm Affiliates Employee Stock Ownership Plan and Trust (CA) $8M · 96
- The Capital Holdings Group, Inc. Employee Stock Ownership Plan and Trust (VA) $8M · 104
Similar participant headcount
Nearest other-state filings by covered participants (156 participants); asset peers above are excluded.
- Loureiro Engineering Associates, Inc. Employee Stock Ownership Plan (CT) 156 · 0 off
- Tharanco Group, Inc. Employee Stock Ownership Plan (NY) 156 · 0 off
- O'neil & Associates, Inc. Employee Stock Ownership Plan (OH) 156 · 0 off
- E.W. James & Sons, Inc. Employee Profit Sharing & Stock Ownership Plan (TN) 156 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.