ESOP · DOL Form 5500 · 2022

Gearmore, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
21
Participants Small participant base
51st
Percentile by assets National rank
$249,760
Avg per participant Above avg balance/head
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Official DOL plan name: Gearmore Inc., Employee Stock Ownership Plan · Sponsored by Gearmore, Inc. · California · Wholesale Trade

$5M in assets, 21 participants

Gearmore, Inc.'s Gearmore Inc., Employee Stock Ownership Plan reported $5M in total assets and 21 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #2,702 in Wholesale Trade (6,843 peers)

Gearmore, Inc. multi-year trail

Gearmore, Inc.'s plans moved -11.4% in assets from 2022 to 2024; this filing shows Gearmore Inc., Employee Stock Ownership Plan at $5M / 21 participants.

#2,702
in Wholesale Trade (6,843 peers)
-19.9%
assets change YoY

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.

Gearmore Inc., Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

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

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

$5,244,969 Top 49% higher than 51% 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

Gearmore Inc., Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gearmore Inc., Employee Stock Ownership Plan is a small filing (21 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 941711838 · Gearmore, Inc. PY 2022 · ESOP

Gearmore Inc., Employee Stock Ownership Plan · $5M · 21 · 51st

  • SCH $5M
  • EBSA 21
  • PART 51st
  • TYPE ESOP
  • NET near Advanced Lifeline Services, Inc Employee Stock Ownership Plan
  • BOOK ind #2702

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 California →

Gearmore Inc., Employee Stock Ownership Plan in the asset neighbourhood

Brin Glass Employee Stock Ownership PlanBrin Glass Employee Stock Ow…$5MJacklin Steel Supply Company Employee Stock Ownership PlanJacklin Steel Supply Company…$5MGearmore Inc., Employee Stock Ownership PlanGearmore Inc., Employee Stoc…$5MAdvanced Lifeline Services, Inc Employee Stock Ownership PlanAdvanced Lifeline Services, …$5MA-1 United Heating & Air Conditioning Co. Employee Stock Ownership Plan & TrustA-1 United Heating & Air Con…$5M
End-of-year total assets ($M) among Gearmore Inc., Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Gearmore, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gearmore, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 11.43922871612778% vs 2022
2024 filing year
$4.4M$4.6M$4.8M$5M$5.2M$5.4M 202220232024 $5.24M $4.64M ▼ -11.5%
Year Plans Participants Total Assets
2022 1 21 $5M
2023 1 18 $5M
2024 1 21 $5M

Gearmore, Inc. filing trail (2022)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN941711838
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

Gearmore Inc., Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Gearmore Inc., Employee Stock Ownership Plan, Total assets ($B): 0.005244969 · Participants: 21Gearmore Inc., Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 2.949816013 · Participants: 7804Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.217969943 · Participants: 1318Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.994551911 · Participants: 1488Rosendin Electric, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.462005591 · Participants: 3560Recology Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.455961299 · Participants: 70Agron, Inc. Employee Stock Ownership Plan
Gearmore Inc., Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Gearmore Inc., Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Advanced Lifeline Services, Inc Employee Stock Ownership Plan in KY ($5M); by covered participants it is Eagle Metal Employee Stock Ownership Plan in FL (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 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 Gearmore Inc., Employee Stock Ownership Plan assets move in 2022? ▼
Gearmore Inc., Employee Stock Ownership Plan declined sharply - down 19.9% during 2022, from $7M to $5M. Reported net income was -$1M.
How have Gearmore, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gearmore, Inc.'s sponsor-wide assets declined 11.4%, from $5M to $5M.
Which ESOP plans are similar in size to Gearmore Inc., Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Advanced Lifeline Services, Inc Employee Stock Ownership Plan in KY ($5M, 78 participants).
Which ESOP plans cover a similar participant headcount to Gearmore Inc., Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Eagle Metal Employee Stock Ownership Plan in FL (21 participants, $27M 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 941711838.

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.