ESOP · DOL Form 5500 · 2022

The Gillette Company LLC ESOP

Data updated 2026-08-11

$381M
Total assets
193
Participants
97th
Percentile by assets
$2.0M
Avg per participant
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Official DOL plan name: The Gillette Company Employee Stock Ownership Plan · Sponsored by The Gillette Company LLC · Massachusetts · Manufacturing

$381M in assets, 193 participants

The Gillette Company LLC's The Gillette Company Employee Stock Ownership Plan reported $381M in total assets and 193 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,712 in Manufacturing (20,602 peers)

Coverage in Massachusetts

The Gillette Company Employee Stock Ownership Plan covers 193 participants in Massachusetts, about 29% of the average Massachusetts filer (state average ~659 per filing). Assets: $381M.

$381M
total plan assets (2022 EOY)
193
covered participants
97th
percentile by assets (of 139,126 plans)
$2.0M
avg assets per participant

The plan reported a net loss of $54M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Gillette Company Employee Stock Ownership Plan reports 193 participants - about 29% of that state average ($381M EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$436M
Net Assets (End of Year)$381M
Net Income-$54M
Employer EIN813268325
Plan Effective Date1990-01-17
Filing StatusFILING RECEIVED

Sponsor Plan History (The Gillette Company LLC)

$380M$400M$420M$440M 202220232024 $424M $408M ▼ -3.8%
Total plan assets by year, all The Gillette Company LLC plans on file
Year Plans Participants Total Assets
2022 2 369 $424M
2023 2 339 $391M
2024 2 288 $408M

Nearby ESOP Plans in Massachusetts

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

The Gillette Company Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

The Gillette Company Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 200300400500600 Total assets ($M) Participants The Gillette Company…Consigli Building Gr…Abt Associates Inc. …New England Biolabs,…Eastern Bank Employe…Shawmut Group Employ…
The Gillette Company Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to The Gillette Company Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did The Gillette Company Employee Stock Ownership Plan assets move in 2022?
The Gillette Company Employee Stock Ownership Plan pulled back noticeably - down 12.6% during 2022, from $436M to $381M. Reported net income was -$54M.
How have The Gillette Company LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), The Gillette Company LLC's sponsor-wide assets declined 3.8%, from $424M to $408M.
Where does The Gillette Company Employee Stock Ownership Plan rank by assets among Form 5500 filers?
The Gillette Company Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to The Gillette Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Mead Lumber Company Employee Stock Ownership Plan and Trust in NE ($380M, 856 participants).

Next read for The Gillette Company Employee Stock Owne…

Filing takeaways

Ways to act on The Gillette Company Employee Stock Ownership Plan's numbers.

  • By total assets, The Gillette Company Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Massachusetts. Compare plans
  • The Gillette Company LLC's sponsor-wide assets have declined 3.8% since 2022 across 3 plan years on file. More Manufacturing plans