ESOP · DOL Form 5500 · 2023

The Gillette Company LLC ESOP

Data updated 2026-08-11

$349M
Total assets: 174
Participants: 97th
Percentile by assets: $2.0M
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$349M
total plan assets (2023 EOY): 174
covered participants: 97th
percentile by assets (of 127,072 plans): $2.0M
avg assets per participant

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 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.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Manufacturing

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. The Gillette Company Employee Stock Ownership Plan reports 174 participants - about 26% of that state average ($349M EOY assets).

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)

Total plan assets by year, all The Gillette Company LLC plans on file

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.

The Gillette Company Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

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

Compare The Gillette Company Employee Stock Owne… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to The Gillette Company Employee Stock Ownership Plan by total assets, not by location.

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

Frequently Asked Questions

How did The Gillette Company Employee Stock Ownership Plan assets move in 2023? ▼

The Gillette Company Employee Stock Ownership Plan pulled back noticeably - down 8.3% during 2023, from $381M to $349M. Reported net income was -$32M.

How have The Gillette Company LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), The Gillette Company LLC's sponsor-wide assets declined 3.8%, from $424M to $408M.

Where does The Gillette Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

The Gillette Company Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which ESOP plans are similar in size to The Gillette Company Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Central Moloney, Inc. Salaried Employee Stock Ownership Plan and Trust in AR ($352M, 119 participants).

Next read for The Gillette Company Employee Stock Owne…

Filing takeaways

Ways to act on The Gillette Company Employee Stock Ownership Plan's numbers.

By total assets, The Gillette Company Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Massachusetts. Compare plans
The Gillette Company LLC's sponsor-wide assets have declined 3.8% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 813268325.