ESOP · DOL Form 5500 · 2022

Niagara Specialty Metals, Inc. ESOP

Data updated 2026-08-11

$88M
Total assets
44
Participants
92nd
Percentile by assets
$2.0M
Avg per participant
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Official DOL plan name: Niagara Specialty Metals, Inc. Employee Stock Ownership Plan · Sponsored by Niagara Specialty Metals, Inc. · New York · Manufacturing

$88M in assets, 44 participants

Niagara Specialty Metals, Inc.'s Niagara Specialty Metals, Inc. Employee Stock Ownership Plan reported $88M in total assets and 44 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #18,093 in Manufacturing (20,602 peers)

Where Niagara Specialty Metals, Inc. Employee Stock Ownership Plan sits by assets

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $88M for 44 participants (~$2.0M/participant), down 8.4% in 2022.

$88M
total plan assets (2022 EOY)
44
covered participants
92nd
percentile by assets (of 139,126 plans)
$2.0M
avg assets per participant

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Niagara Specialty Metals, Inc. Employee Stock Ownership Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$85M
Net Income-$8M
Employer EIN161179936
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Niagara Specialty Metals, Inc.)

$75M$80M$85M$90M$95M$100M 202220232024 $87.7M $80.5M ▼ -8.2%
Total plan assets by year, all Niagara Specialty Metals, Inc. plans on file
Year Plans Participants Total Assets
2022 1 44 $88M
2023 1 43 $96M
2024 1 40 $81M

Nearby ESOP Plans in New York

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

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 02004006008001000 Total assets ($M) Participants Niagara Specialty Me…Stewart's Shops Corp…Lewis Tree Service E…H.C. Wainwright & Co…Greenman-Pedersen, I…Griffon Corporation …
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Niagara Specialty Metals, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Niagara Specialty Metals, Inc. Employee Stock Ownership Plan assets move in 2022?
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan pulled back noticeably - down 8.4% during 2022, from $96M to $88M. Reported net income was -$8M.
How have Niagara Specialty Metals, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Niagara Specialty Metals, Inc.'s sponsor-wide assets declined 8.2%, from $88M to $81M.
Where does Niagara Specialty Metals, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Niagara Specialty Metals, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Yoke's Foods, Inc. Employee Stock Ownership Plan in WA ($88M, 1,302 participants).

Next read for Niagara Specialty Metals, Inc. Employee …

Scale reading

Ways to act on Niagara Specialty Metals, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Niagara Specialty Metals, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
  • Niagara Specialty Metals, Inc.'s sponsor-wide assets have declined 8.2% since 2022 across 3 plan years on file. More Manufacturing plans