ESOP · DOL Form 5500 · 2022

Gulf Copper & Manufacturing Corp. ESOP

Data updated 2026-08-11

$5M
Total assets
315
Participants
50th
Percentile by assets
$15,295
Avg per participant
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Official DOL plan name: Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan · Sponsored by Gulf Copper & Manufacturing Corp. · Texas · Manufacturing

$5M in assets, 315 participants

Gulf Copper & Manufacturing Corp.'s Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan reported $5M in total assets and 315 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.

  • 50th percentile by assets (of 139,126 plans)
  • #6,886 in Manufacturing (20,602 peers)

Coverage in Texas

Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan covers 315 participants in Texas, about 46% of the average Texas filer (state average ~688 per filing). Assets: $5M.

$5M
total plan assets (2022 EOY)
315
covered participants
50th
percentile by assets (of 139,126 plans)
$15,295
avg assets per participant

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.

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan reports 315 participants - about 46% of that state average ($5M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN742045606
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gulf Copper & Manufacturing Corp.)

$12M$14M$16M$18M$20M 202220232024 $13.9M $18.3M ▲ +31.6%
Total plan assets by year, all Gulf Copper & Manufacturing Corp. plans on file
Year Plans Participants Total Assets
2022 2 672 $14M
2023 2 659 $17M
2024 2 647 $18M

Nearby ESOP Plans in Texas

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

Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 0200040006000 -50510152025 Total assets ($B) Participants Gulf Copper & Manufa…Sammons Enterprises,…Highland Homes Emplo…Cactus Feeders, Inc.…Austin Industries Em…Lja Engineering ESOP
Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan assets move in 2022?
Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan declined sharply - down 20.6% during 2022, from $6M to $5M. Reported net income was -$1M.
How have Gulf Copper & Manufacturing Corp. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gulf Copper & Manufacturing Corp.'s sponsor-wide assets grew 31.5%, from $14M to $18M.
Which ESOP plans are similar in size to Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Desman, Inc. Employee Stock Ownership Plan in NY ($5M, 76 participants).

Next read for Gulf Copper & Manufacturing Corp. Employ…

Filing takeaways

Ways to act on Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan's numbers.

  • By total assets, Gulf Copper & Manufacturing Corp. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Texas. Compare plans
  • Gulf Copper & Manufacturing Corp.'s sponsor-wide assets have grown 31.5% since 2022 across 3 plan years on file. More Manufacturing plans