ESOP · DOL Form 5500 · 2024

Encon Systems, Ltd., Inc., ESOP

Data updated 2026-08-25

$370K
Total assets Small plan by assets
23
Participants Small participant base
15th
Percentile by assets National rank
$16,087
Avg per participant Low balance/head
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Official DOL plan name: Encon Employee Stock Ownership Plan · Sponsored by Encon Systems, Ltd., Inc., · Texas · Retail Trade

$370K in assets, 23 participants

Encon Systems, Ltd., Inc.,'s Encon Employee Stock Ownership Plan reported $370K in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 15th 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.

  • #2,003 in Retail Trade (8,048 peers)

Encon Systems, Ltd., Inc., multi-year trail

Encon Systems, Ltd., Inc.,'s plans moved -36.2% in assets from 2023 to 2024; this filing shows Encon Employee Stock Ownership Plan at $370K / 23 participants.

#2,003
in Retail Trade (8,048 peers)
-36.2%
assets change YoY

The plan reported a net loss of $130K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Encon Employee Stock Ownership Plan among the smaller filed plans by assets

Encon Employee Stock Ownership Plan vs every filed plan by assets

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

$370,000 15th percentile higher than 15% 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

Encon Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Encon Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Encon Employee Stock Ownership Plan reported net income rose from -$10M in the plan year 2023 filing to -$130K in the plan year 2024 filing.
  • Encon Employee Stock Ownership Plan end-of-year assets fell from $580K in the plan year 2023 filing to $370K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 731224348 · Encon Systems, Ltd., Inc., PY 2024 · ESOP

Encon Employee Stock Ownership Plan · $370K · 23 · 15th

  • IND $370K
  • EOY 23
  • 5500 15th
  • ASSETS ESOP
  • PCT near Tree Free Greetings Employee Stock Ownership Plan
  • EIN ind #2003

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 Texas →

Encon Employee Stock Ownership Plan in the asset neighbourhood

Encon Employee Stock Ownership PlanEncon Employee Stock Ownersh…$370KTree Free Greetings Employee Stock Ownership PlanTree Free Greetings Employee…$371KFarmers Bancshares, Inc. Employee Stock Ownership PlanFarmers Bancshares, Inc. Emp…$369KIcepts Technology Group, Inc. Employee Stock Ownership PlanIcepts Technology Group, Inc…$373KNew-Tech Packaging Employee Stock Ownership PlanNew-Tech Packaging Employee …$367K
End-of-year total assets ($M) among Encon Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Encon Systems, Ltd., Inc., multi-year asset trail

Sponsor-wide plan assets over time

All Encon Systems, Ltd., Inc., plans reported in each filing year

Latest sponsor-wide plan assets
$370K 36.206896551724135% vs 2023
2024 filing year
$0.3M$0.4M$0.5M$0.6M$0.7M 20232024 $0.58M $0.37M ▼ -36.2%
Year Plans Participants Total Assets
2023 1 23 $580K
2024 1 23 $370K

Encon Systems, Ltd., Inc., filing trail (2024)

Total Assets (Beginning of Year)$580K
Net Assets (End of Year)-$10M
Net Income-$130K
Employer EIN731224348
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

Peer ESOP plans, same state, same plan type, ranked by total assets.

Encon Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -100102030 Total assets ($B) Participants Encon Employee Stock Ownership Plan, Total assets ($B): 0.00037 · Participants: 23Encon Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 23.876523932 · Participants: 3284Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.982965144 · Participants: 891Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.527193522 · Participants: 7703Austin Industries Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.493492368 · Participants: 1799Lja Engineering, Inc. Employee Stock Ownership PlanAir Tractor Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.40134922 · Participants: 350Air Tractor Holdings, Inc. Employee Stock Ownership Plan
Encon Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Encon Employee Stock Ownership Plan side-by-side with 3 peers →

Encon Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Tree Free Greetings Employee Stock Ownership Plan in NH ($371K); by covered participants it is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Encon Employee Stock Ownership Plan assets move in 2024? ▼
Encon Employee Stock Ownership Plan contracted severely - down 36.2% during 2024, from $580K to $370K. Reported net income was -$130K.
How have Encon Systems, Ltd., Inc., plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Encon Systems, Ltd., Inc.,'s sponsor-wide assets declined 36.2%, from $580K to $370K.
Where does Encon Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Encon Employee Stock Ownership Plan ranks in the 15th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Encon Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Tree Free Greetings Employee Stock Ownership Plan in NH ($371K, 18 participants).
Which ESOP plans cover a similar participant headcount to Encon Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants, $11M 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 731224348.

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.