ESOP · DOL Form 5500 · 2024
Sectek, Inc. ESOP
Data updated 2026-08-25
- $896K
- Total assets Small plan by assets
- 465
- Participants Below avg headcount
- 22nd
- Percentile by assets National rank
- $1,928
- Avg per participant Low balance/head
Official DOL plan name: Sectek, Inc. Employee Stock Ownership Plan · Sponsored by Sectek, Inc. · Virginia · Professional & Technical Services
$896K in assets, 465 participants
Sectek, Inc.'s Sectek, Inc. Employee Stock Ownership Plan reported $896K in total assets and 465 participants in its 2024 DOL Form 5500 filing, ranking in the 22nd 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.
- #3,481 in Professional & Technical Services (20,173 peers)
Sectek, Inc. multi-year trail
Sectek, Inc.'s plans moved +13.3% in assets from 2022 to 2024; this filing shows Sectek, Inc. Employee Stock Ownership Plan at $896K / 465 participants.
- #3,481
- in Professional & Technical Services (20,173 peers)
- -21.0%
- assets change YoY
The plan reported a net loss of $238K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Sectek, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets
Sectek, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$896,292 22nd percentile higher than 22% 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
Sectek, 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. Sectek, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (465 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Sectek, Inc. Employee Stock Ownership Plan reported net income fell from $550 in the plan year 2023 filing to -$238K in the plan year 2024 filing.
- Sectek, Inc. Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2023 filing to $896K in the plan year 2024 filing.
- Sectek, Inc. Employee Stock Ownership Plan reported participants fell from 512 in the plan year 2023 filing to 465 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 341726791 · Sectek, Inc. PY 2024 · ESOP
Sectek, Inc. Employee Stock Ownership Plan · $896K · 465 · 22nd
- SCH $896K
- SCH 465
- SCH 22nd
- SCH ESOP
- SCH near Erickson's Flooring & Supply Company Employee Stock Ownership Plan
- SCH ind #3481
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 Virginia →
Sectek, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Sectek, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Sectek, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $6M 13.33358862636934% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,085 | $5M |
| 2023 | 2 | 1,122 | $5M |
| 2024 | 2 | 1,138 | $6M |
Sectek, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $1M |
|---|---|
| Net Assets (End of Year) | $895K |
| Net Income | -$238K |
| Employer EIN | 341726791 |
| Plan Effective Date | 2003-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Nvr, Inc. Employee Stock Ownership Plan $1.3B · 6,515
- Delta Star Employee Stock Ownership Plan $447M · 222
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $407M · 1,962
- The Resorts Companies, Inc. Employee Stock Ownership Plan $386M · 1,811
- New River Electrical Corporation Employee Stock Ownership Plan $380M · 458
Sectek, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Virginia, the nearest ESOP by assets is Erickson's Flooring & Supply Company Employee Stock Ownership Plan in MI ($900K); by covered participants it is The Tri-M Group Employee Stock Ownership Plan in PA (464 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($896K here).
- Erickson's Flooring & Supply Company Employee Stock Ownership Plan (MI) $900K · 46
- Consumers Pipe and Supply Co. Employee Stock Ownership Plan (CA) $900K · 55
- Western Lighting and Energy Controls, Inc. Employee Stock Ownership Plan and Trust (CA) $900K · 38
- Franklin Insurance Agency, Inc. Employee Stock Ownership Plan (PA) $901K · 17
Similar participant headcount
Nearest other-state filings by covered participants (465 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.