ESOP · DOL Form 5500 · 2022

Channellock, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
225
Participants Below avg headcount
42nd
Percentile by assets National rank
$14,786
Avg per participant Low balance/head
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Official DOL plan name: Channellock, Inc. Employee Stock Ownership Plan · Sponsored by Channellock, Inc. · Pennsylvania · Manufacturing

$3M in assets, 225 participants

Channellock, Inc.'s Channellock, Inc. Employee Stock Ownership Plan reported $3M in total assets and 225 participants in its 2022 DOL Form 5500 filing, ranking in the 42nd 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.

  • #5,282 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Channellock, Inc. Employee Stock Ownership Plan covers 225 participants in Pennsylvania, about 27% of the average Pennsylvania filer (state average ~822 per filing). Assets: $3M.

#5,282
in Manufacturing (20,602 peers)
-12.1%
assets change YoY

The plan reported a net loss of $251K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Channellock, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

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

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

$3,326,941 42nd percentile higher than 42% 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

Channellock, 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. Channellock, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (225 participants).

DOL schedule card

Filing strip 250399850 · Channellock, Inc. PY 2022 · ESOP

Channellock, Inc. Employee Stock Ownership Plan · $3M · 225 · 42nd

  • PART $3M
  • PART 225
  • PART 42nd
  • PART ESOP
  • PART near Capital Lighting Fixture Co. Employee Stock Ownership Plan
  • PART ind #5282

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 Pennsylvania →

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

Channellock, Inc. Employee Stock Ownership PlanChannellock, Inc. Employee S…$3MCapital Lighting Fixture Co. Employee Stock Ownership PlanCapital Lighting Fixture Co.…$3MBoring Business Systems, Inc. Employee Stock Ownership PlanBoring Business Systems, Inc…$3MHeavy Construction Systems Specialists,Inc. Employee Stock Ownership PlanHeavy Construction Systems S…$3MAmb Financial Corp. Employee Stock Ownership PlanAmb Financial Corp. Employee…$3M
End-of-year total assets ($M) among Channellock, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$251K
Employer EIN250399850
Plan Effective Date1973-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Channellock, Inc.)

Sponsor-wide plan assets over time

All Channellock, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$79M 12.621254899099451% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $70.3M $79.2M ▲ +12.6%
Year Plans Participants Total Assets
2022 4 684 $70M
2023 4 652 $72M
2024 4 585 $79M

Nearby ESOP Plans in Pennsylvania

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

Channellock, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Channellock, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.003326941 · Participants: 225Channellock, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.519811811 · Participants: 22323Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.154561341 · Participants: 337Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533697969 · Participants: 12847Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.48126732 · Participants: 2268Centimark Corporation Employee Stock Ownership Plan and TrustNewage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.310383492 · Participants: 304Newage Industries, Inc. Employee Stock Ownership Plan
Channellock, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Channellock, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Capital Lighting Fixture Co. Employee Stock Ownership Plan in GA ($3M); by covered participants it is Summit Companies Holdings, Inc. Employee Stock Ownership Plan in FL (225 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (225 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 Channellock, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Channellock, Inc. Employee Stock Ownership Plan pulled back noticeably - down 12.1% during 2022, from $4M to $3M. Reported net income was -$251K.
How have Channellock, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Channellock, Inc.'s sponsor-wide assets grew 12.6%, from $70M to $79M.
Which ESOP plans are similar in size to Channellock, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Capital Lighting Fixture Co. Employee Stock Ownership Plan in GA ($3M, 60 participants).
Which ESOP plans cover a similar participant headcount to Channellock, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Summit Companies Holdings, Inc. Employee Stock Ownership Plan in FL (225 participants, $107M 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 250399850.

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.