Other
2024 plan-year Other DOL Form 5500

Tecnico Corporation Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Tecnico Corporation · Virginia · Manufacturing

What the 2023 filing shows

Tecnico Corporation Employee Stock Ownership Plan holds $92M for 500 participants — about $184,953 per participant, down 5.1% over the 2024 plan year.

$92M
total plan assets (2024 EOY)
500
covered participants
$184,953
avg assets per participant
-5.1%
assets change YoY

The plan reported a net loss of $6M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$92M
Participants
500
State
Industry
Manufacturing

What the Filing Says About Tecnico Corporation Employee Stock Ownership Plan

Tecnico Corporation Employee Stock Ownership Plan is a Other retirement plan sponsored by Tecnico Corporation, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $92M in total end-of-year assets and covers 500 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 541571418, and the plan has been effective since 2014-09-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $97M at the beginning of 2024 to $92M at year-end — a decline of 5.1%. Net assets (after liabilities) closed the year at $60M, with reported net income of $-5,559,749 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$97M
Total Assets (End of Year)$92M
Net Assets (End of Year)$60M
Net Income$-5,559,749
Plan TypeOther
Employer EIN541571418
Plan Effective Date2014-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Tecnico Corporation)

Year Plans Participants Total Assets
2022 2 1,291 $113M
2023 2 1,136 $129M
2024 2 1,091 $124M

Nearby Other Plans in Virginia

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

Frequently Asked Questions

How much money is in the Tecnico Corporation Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Tecnico Corporation Employee Stock Ownership Plan holds $92M in total assets with 500 participants. It is sponsored by Tecnico Corporation.
What type of plan is Tecnico Corporation Employee Stock Ownership Plan?
Tecnico Corporation Employee Stock Ownership Plan is a Other plan. It has been effective since 2014-09-30. The plan is filed with the U.S. Department of Labor under EIN 541571418.
Who sponsors the Tecnico Corporation Employee Stock Ownership Plan?
Tecnico Corporation Employee Stock Ownership Plan is sponsored by Tecnico Corporation, located in Virginia. The sponsor's EIN is 541571418 and the plan operates in the Manufacturing industry.
How did Tecnico Corporation Employee Stock Ownership Plan perform in 2024?
Tecnico Corporation Employee Stock Ownership Plan declined by 5.1% during 2024, moving from $97M to $92M in total assets. Net income was $-5,559,749.
Where can I find official filings for Tecnico Corporation Employee Stock Ownership Plan?
Official Form 5500 filings for Tecnico Corporation Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541571418 or plan name at efast.dol.gov.
How does Tecnico Corporation Employee Stock Ownership Plan compare to other plans?
You can compare Tecnico Corporation Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 541571418.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.