ESOP · DOL Form 5500 · 2024

Scientific Systems Company, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
116
Participants Small participant base
29th
Percentile by assets National rank
$16,306
Avg per participant Low balance/head
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Official DOL plan name: Scientific Systems Company, Inc. Employee Stock Ownership Plan · Sponsored by Scientific Systems Company, Inc. · Massachusetts · Professional & Technical Services

$2M in assets, 116 participants

Scientific Systems Company, Inc.'s Scientific Systems Company, Inc. Employee Stock Ownership Plan reported $2M in total assets and 116 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #4,937 in Professional & Technical Services (20,173 peers)

Coverage in Massachusetts

Scientific Systems Company, Inc. Employee Stock Ownership Plan covers 116 participants in Massachusetts, about 18% of the average Massachusetts filer (state average ~659 per filing). Assets: $2M.

#4,937
in Professional & Technical Services (20,173 peers)
-6.3%
assets change YoY

The plan reported a net loss of $128K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Scientific Systems Company, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Scientific Systems Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,891,451 29th percentile higher than 29% 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

Scientific Systems Company, 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. Scientific Systems Company, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scientific Systems Company, Inc. Employee Stock Ownership Plan reported net income rose from -$265K in the plan year 2023 filing to -$128K in the plan year 2024 filing.
  • Scientific Systems Company, Inc. Employee Stock Ownership Plan reported participants rose from 108 in the plan year 2023 filing to 116 in the plan year 2024 filing.
  • Scientific Systems Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 043053085 · Scientific Systems Company, Inc. PY 2024 · ESOP

Scientific Systems Company, Inc. Employee Stock Ownership Plan · $2M · 116 · 29th

  • 5500 $2M
  • ASSETS 116
  • PCT 29th
  • EIN ESOP
  • RANK near Teca, Inc. Employee Stock Ownership Plan
  • PHOTO ind #4937

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 Massachusetts →

Scientific Systems Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Coffman Specialties Employee Stock Ownership PlanCoffman Specialties Employee…$2MScientific Systems Company, Inc. Employee Stock Ownership PlanScientific Systems Company, …$2MTeca, Inc. Employee Stock Ownership PlanTeca, Inc. Employee Stock Ow…$2MThe Superior Group, Inc. Stock Bonus PlanThe Superior Group, Inc. Sto…$2MCincinnati Federal Savings and Loan Association Employee Stock Ownership PlanCincinnati Federal Savings a…$2M
End-of-year total assets ($M) among Scientific Systems Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$128K
Employer EIN043053085
Plan Effective Date2002-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scientific Systems Company, Inc.)

Sponsor-wide plan assets over time

All Scientific Systems Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 36.3428919941781% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $20.2M $27.6M ▲ +36.4%
Year Plans Participants Total Assets
2022 2 213 $20M
2023 2 223 $25M
2024 2 234 $28M

Nearby ESOP Plans in Massachusetts

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

Scientific Systems Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Scientific Systems Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 1.891451 · Participants: 116Scientific Systems Company, Inc. Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 729.34706 · Participants: 1684Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 367.792322 · Participants: 139The Gillette Company Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 253.372727 · Participants: 445First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanDavid Clark Employee Stock Ownership Plan, Total assets ($M): 182.6375 · Participants: 236David Clark Employee Stock Ownership PlanNew England Biolabs, Inc. Non-Voting Stock Ownership Plan, Total assets ($M): 162.974294 · Participants: 424New England Biolabs, Inc. Non-Voting Stock Ownership Plan
Scientific Systems Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

Scientific Systems Company, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Massachusetts, the nearest ESOP by assets is Teca, Inc. Employee Stock Ownership Plan in KY ($2M); by covered participants it is Siteworks Holding Co., Inc. Employee Stock Ownership Plan in AZ (116 participants). Same-state nearby plans are listed separately above.

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 Scientific Systems Company, Inc. Employee Stock Ownership Plan assets move in 2024?
Scientific Systems Company, Inc. Employee Stock Ownership Plan pulled back noticeably - down 6.3% during 2024, from $2M to $2M. Reported net income was -$128K.
How have Scientific Systems Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Scientific Systems Company, Inc.'s sponsor-wide assets grew 36.3%, from $20M to $28M.
Which ESOP plans are similar in size to Scientific Systems Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Teca, Inc. Employee Stock Ownership Plan in KY ($2M, 66 participants).
Which ESOP plans cover a similar participant headcount to Scientific Systems Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Siteworks Holding Co., Inc. Employee Stock Ownership Plan in AZ (116 participants, $22M in assets).