ESOP · DOL Form 5500 · 2022

United Forming, Inc. ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
156
Participants Small participant base
80th
Percentile by assets National rank
$155,768
Avg per participant Above avg balance/head
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Official DOL plan name: United Forming, Inc. Employee Stock Ownership Plan · Sponsored by United Forming, Inc. · Georgia · Construction

$24M in assets, 156 participants

United Forming, Inc.'s United Forming, Inc. Employee Stock Ownership Plan reported $24M in total assets and 156 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,862 in Construction (9,927 peers)

Coverage in Georgia

United Forming, Inc. Employee Stock Ownership Plan covers 156 participants in Georgia, about 14% of the average Georgia filer (state average ~1,096 per filing). Assets: $24M.

#7,862
in Construction (9,927 peers)
-7.7%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

United Forming, Inc. Employee Stock Ownership Plan's outsized position by total assets

United Forming, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$24,299,821 Top 20% higher than 80% of 139,123 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 2022

United Forming, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Forming, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (156 participants).

Plan-year Form 5500 strip

Filing strip 581604050 · United Forming, Inc. PY 2022 · ESOP

United Forming, Inc. Employee Stock Ownership Plan · $24M · 156 · 80th

  • BOOK $24M
  • BOOK 156
  • BOOK 80th
  • BOOK ESOP
  • BOOK near Mystic Stamp Company Inc. Employee Stock Ownership Plan
  • BOOK ind #7862

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 Georgia →

United Forming, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Mystic Stamp Company Inc. Employee Stock Ownership PlanMystic Stamp Company Inc. Em…$24MTighe & Bond, Inc. Employee Stock Ownership PlanTighe & Bond, Inc. Employee …$24MUnited Forming, Inc. Employee Stock Ownership PlanUnited Forming, Inc. Employe…$24MBarr & Barr, Inc. Employee Stock Ownership PlanBarr & Barr, Inc. Employee S…$24MCsg Consultants, Inc. Employee Stock Ownership PlanCsg Consultants, Inc. Employ…$24M
End-of-year total assets ($M) among United Forming, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$14M
Net Income-$1M
Employer EIN581604050
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Forming, Inc.)

Sponsor-wide plan assets over time

All United Forming, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 3.654341758633058% vs 2022
2024 filing year
$32M$34M$36M$38M$40M$42M 202220232024 $38.4M $39.8M ▲ +3.7%
Year Plans Participants Total Assets
2022 2 319 $38M
2023 2 468 $34M
2024 2 271 $40M

Nearby ESOP Plans in Georgia

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

United Forming, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants United Forming, Inc. Employee Stock Ownership Plan, Total assets ($M): 24.299821 · Participants: 156United Forming, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 688.646729 · Participants: 1759Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 315.657741 · Participants: 424Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 252.895792 · Participants: 427Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 189.698153 · Participants: 397Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 137.399647 · Participants: 314Dixie Plywood and Lumber Company Employee Stock Ownership Plan
United Forming, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare United Forming, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

United Forming, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Mystic Stamp Company Inc. Employee Stock Ownership Plan in NY ($24M); by covered participants it is Mcfarland-Johnson, Inc. Employee Stock Ownership Plan in NY (156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (156 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did United Forming, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
United Forming, Inc. Employee Stock Ownership Plan pulled back noticeably - down 7.7% during 2022, from $26M to $24M. Reported net income was -$1M.
How have United Forming, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Forming, Inc.'s sponsor-wide assets grew 3.7%, from $38M to $40M.
Where does United Forming, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
United Forming, Inc. Employee Stock Ownership Plan ranks in the 80th 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 United Forming, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mystic Stamp Company Inc. Employee Stock Ownership Plan in NY ($24M, 110 participants).
Which ESOP plans cover a similar participant headcount to United Forming, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mcfarland-Johnson, Inc. Employee Stock Ownership Plan in NY (156 participants, $17M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581604050.

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.