ESOP · DOL Form 5500 · 2022

Glass & Metals, Inc. ESOP

Data updated 2026-08-11

$19M
Total assets
81
Participants
77th
Percentile by assets
$237,279
Avg per participant
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Official DOL plan name: Glass & Metals, Inc. Employee Stock Ownership and Savings Plan · Sponsored by Glass & Metals, Inc. · Virginia · Construction

$19M in assets, 81 participants

Glass & Metals, Inc.'s Glass & Metals, Inc. Employee Stock Ownership and Savings Plan reported $19M in total assets and 81 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 139,126 plans)
  • #7,558 in Construction (9,927 peers)

Where Glass & Metals, Inc. Employee Stock Ownership and Savings Plan sits by assets

Glass & Metals, Inc. Employee Stock Ownership and Savings Plan sits in the top quartile of all filed plans by assets, $19M for 81 participants (~$237,279/participant), up 1.9% in 2022.

$19M
total plan assets (2022 EOY)
81
covered participants
77th
percentile by assets (of 139,126 plans)
$237,279
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Glass & Metals, Inc. Employee Stock Ownership and Savings Plan vs the 2022 asset distribution

By assets, Glass & Metals, Inc. Employee Stock Ownership and Savings Plan outranks 77% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$16M
Net Income-$3M
Employer EIN541921916
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glass & Metals, Inc.)

$18M$19M$20M$21M$22M 202220232024 $19.2M $21.6M ▲ +12.2%
Total plan assets by year, all Glass & Metals, Inc. plans on file
Year Plans Participants Total Assets
2022 1 81 $19M
2023 1 73 $20M
2024 1 68 $22M

Nearby ESOP Plans in Virginia

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

Glass & Metals, Inc. Employee Stock Ownership and Savings Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Glass & Metals, Inc. Employee Stock Ownership and Savings Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Glass & Metals, Inc.…Nvr, Inc. Employee S…The Resorts Companie…American Systems Cor…New River Electrical…Davis H. Elliot Comp…
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Glass & Metals, Inc. Employee Stock Ownership and Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Glass & Metals, Inc. Employee Stock Ownership and Savings Plan assets move in 2022?
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan edged up modestly - up 1.9% during 2022, from $19M to $19M. Reported net income was -$3M.
How have Glass & Metals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Glass & Metals, Inc.'s sponsor-wide assets grew 12.2%, from $19M to $22M.
Where does Glass & Metals, Inc. Employee Stock Ownership and Savings Plan rank by assets among Form 5500 filers?
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Glass & Metals, Inc. Employee Stock Ownership and Savings Plan?
Among ESOP plans in other states, the closest by assets is R.E. Sweeney Company, Inc. Stock Bonus Profit Sharing Plan and Trust in TX ($19M, 166 participants).

Next read for Glass & Metals, Inc. Employee Stock Owne…

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Ways to act on Glass & Metals, Inc. Employee Stock Ownership and Savings Plan's numbers.

  • By total assets, Glass & Metals, Inc. Employee Stock Ownership and Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
  • Glass & Metals, Inc.'s sponsor-wide assets have grown 12.2% since 2022 across 3 plan years on file. More Construction plans