ESOP · DOL Form 5500 · 2024

Xtek Inc ESOP

Data updated 2026-08-25

$59M
Total assets Below avg plan size
503
Participants Below avg headcount
86th
Percentile by assets National rank
$117,217
Avg per participant Below avg balance/head
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Official DOL plan name: Xtekinc Employee Stock Ownership Plan · Sponsored by Xtek Inc · Ohio · Manufacturing

$59M in assets, 503 participants

Xtek Inc's Xtekinc Employee Stock Ownership Plan reported $59M in total assets and 503 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,201 in Manufacturing (17,777 peers)

Where Xtekinc Employee Stock Ownership Plan sits by assets

Xtekinc Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $59M for 503 participants (~$117,217/participant), down 10.2% in 2024.

#14,201
in Manufacturing (17,777 peers)
-10.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Xtekinc Employee Stock Ownership Plan's outsized position by total assets

Xtekinc Employee Stock Ownership Plan vs every filed plan by assets

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

$58,960,000 Top 14% higher than 86% 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

Xtekinc 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. Xtekinc Employee Stock Ownership Plan sits mid-pack in the medium band (503 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Xtekinc Employee Stock Ownership Plan reported net income fell from $10M in the plan year 2023 filing to -$7M in the plan year 2024 filing.
  • Xtekinc Employee Stock Ownership Plan end-of-year assets fell from $66M in the plan year 2023 filing to $59M in the plan year 2024 filing.
  • Xtekinc Employee Stock Ownership Plan reported participants fell from 510 in the plan year 2023 filing to 503 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 310847969 · Xtek Inc PY 2024 · ESOP

Xtekinc Employee Stock Ownership Plan · $59M · 503 · 86th

  • PHOTO $59M
  • IND 503
  • EOY 86th
  • 5500 ESOP
  • ASSETS near Churchill Holdings, Inc. Employee Stock Ownership Plan
  • PCT ind #14201

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 Ohio →

Xtekinc Employee Stock Ownership Plan in the asset neighbourhood

Kapur & Associates, Inc. Employee Stock Ownership PlanKapur & Associates, Inc. Emp…$59MCfd Research Corporation Employee Stock Ownership PlanCfd Research Corporation Emp…$59MChurchill Holdings, Inc. Employee Stock Ownership PlanChurchill Holdings, Inc. Emp…$59MXtekinc Employee Stock Ownership PlanXtekinc Employee Stock Owner…$59MHills Bank and Trust Employee Stock Ownership PlanHills Bank and Trust Employe…$59M
End-of-year total assets ($M) among Xtekinc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$59M
Net Income-$7M
Employer EIN310847969
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Xtek Inc)

Sponsor-wide plan assets over time

All Xtek Inc plans reported in each filing year

Latest sponsor-wide plan assets
$92M 7.434809446715389% vs 2022
2024 filing year
$80M$85M$90M$95M$100M 202220232024 $85.7M $92M ▲ +7.4%
Year Plans Participants Total Assets
2022 3 821 $86M
2023 3 971 $99M
2024 2 842 $92M

Nearby ESOP Plans in Ohio

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

Xtekinc Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Xtekinc Employee Stock Ownership Plan, Total assets ($B): 0.05896 · Participants: 503Xtekinc Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Xtekinc Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Xtekinc Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest ESOP by assets is Churchill Holdings, Inc. Employee Stock Ownership Plan in TN ($59M); by covered participants it is O'neil Industries, Inc. Employee Stock Ownership Plan in IL (502 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (503 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 Xtekinc Employee Stock Ownership Plan assets move in 2024? ▼
Xtekinc Employee Stock Ownership Plan pulled back noticeably - down 10.2% during 2024, from $66M to $59M. Reported net income was -$7M.
How have Xtek Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Xtek Inc's sponsor-wide assets grew 7.4%, from $86M to $92M.
Where does Xtekinc Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Xtekinc Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Xtekinc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Churchill Holdings, Inc. Employee Stock Ownership Plan in TN ($59M, 387 participants).
Which ESOP plans cover a similar participant headcount to Xtekinc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is O'neil Industries, Inc. Employee Stock Ownership Plan in IL (502 participants, $67M 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 310847969.

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.