ESOP · DOL Form 5500 · 2023
The Gillette Company LLC ESOP
Data updated 2026-08-25
- $349M
- Total assets Above avg plan size
- 174
- Participants Small participant base
- 97th
- Percentile by assets National rank
- $2.0M
- Avg per participant High balance/head
Official DOL plan name: The Gillette Company Employee Stock Ownership Plan · Sponsored by The Gillette Company LLC · Massachusetts · Manufacturing
$349M in assets, 174 participants
The Gillette Company LLC's The Gillette Company Employee Stock Ownership Plan reported $349M in total assets and 174 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.
- #17,694 in Manufacturing (18,722 peers)
Coverage in Massachusetts
The Gillette Company Employee Stock Ownership Plan covers 174 participants in Massachusetts, about 26% of the average Massachusetts filer (state average ~659 per filing). Assets: $349M.
- #17,694
- in Manufacturing (18,722 peers)
- -8.3%
- assets change YoY
- 3.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $32M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Gillette Company Employee Stock Ownership Plan's outsized position by total assets
The Gillette Company Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$349,164,775 Top 3% higher than 97% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Gillette Company Employee Stock Ownership Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Gillette Company Employee Stock Ownership Plan sits mid-pack in the medium band (174 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Gillette Company Employee Stock Ownership Plan reported net income rose from -$54M in the plan year 2022 filing to -$32M in the plan year 2023 filing.
- The Gillette Company Employee Stock Ownership Plan reported participants fell from 193 in the plan year 2022 filing to 174 in the plan year 2023 filing.
- The Gillette Company Employee Stock Ownership Plan end-of-year assets fell from $381M in the plan year 2022 filing to $349M in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 813268325 · The Gillette Company LLC PY 2023 · ESOP
The Gillette Company Employee Stock Ownership Plan · $349M · 174 · 97th
- PCT $349M
- PCT 174
- PCT 97th
- PCT ESOP
- PCT near Central Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust
- PCT ind #17694
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 Massachusetts →
The Gillette Company Employee Stock Ownership Plan in the asset neighbourhood
Massachusetts filing particulars
| Total Assets (Beginning of Year) | $381M |
|---|---|
| Net Assets (End of Year) | $349M |
| Net Income | -$32M |
| Employer EIN | 813268325 |
| Plan Effective Date | 1990-01-17 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Gillette Company LLC)
Sponsor-wide plan assets over time
All The Gillette Company LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $408M 3.7895464361320323% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 369 | $424M |
| 2023 | 2 | 339 | $391M |
| 2024 | 2 | 288 | $408M |
Nearby ESOP Plans in Massachusetts
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Consigli Building Group Employee Stock Ownership Plan $612M · 1,511
- Shawmut Group Employee Stock Ownership Plan $274M · 716
- First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan $245M · 641
- Eastern Bank Employee Stock Ownership Plan $213M · 1,778
- David Clark Employee Stock Ownership Plan $209M · 221
The Gillette Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Massachusetts, the nearest ESOP by assets is Central Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust in AR ($352M); by covered participants it is Pioneer Bank Employee Stock Ownership Plan in NY (174 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($349M here).
- Central Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust (AR) $352M · 119
- The Resorts Companies, Inc. Employee Stock Ownership Plan (VA) $352M · 1,751
- Verde Holdings, Inc. Employee Stock Ownership Plan (TX) $344M · 482
- Air Tractor Holdings, Inc. Employee Stock Ownership Plan (TX) $357M · 308
Similar participant headcount
Nearest other-state filings by covered participants (174 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.