ESOP · DOL Form 5500 · 2023

Packaging Specialties, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
22
Participants Small participant base
28th
Percentile by assets National rank
$70,407
Avg per participant Below avg balance/head
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Official DOL plan name: Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Packaging Specialties, Inc. · Ohio · Manufacturing

$2M in assets, 22 participants

Packaging Specialties, Inc.'s Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust reported $2M in total assets and 22 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,421 in Manufacturing (18,722 peers)

2023 asset change

Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust pulled back noticeably 8.3% in 2023 ($2M → $2M) for 22 participants.

#2,421
in Manufacturing (18,722 peers)
-8.3%
assets change YoY

The plan reported a net loss of $141K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,548,950 28th percentile higher than 28% of 127,068 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 2023

Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust is a small filing (22 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust reported net income fell from -$109K in the plan year 2022 filing to -$141K in the plan year 2023 filing.
  • Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 25 in the plan year 2022 filing to 22 in the plan year 2023 filing.
  • Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 340838196 · Packaging Specialties, Inc. PY 2023 · ESOP

Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust · $2M · 22 · 28th

  • IND $2M
  • IND 22
  • IND 28th
  • IND ESOP
  • IND near Es&a Sign and Awning Co. Employee Stock Ownership Plan and Trust
  • IND ind #2421

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 Ohio →

Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Far West Technology, Inc. Employee Stock Ownership PlanFar West Technology, Inc. Em…$2MPackaging Specialties, Inc. Employee Stock Ownership Plan and TrustPackaging Specialties, Inc. …$2MEs&a Sign and Awning Co. Employee Stock Ownership Plan and TrustEs&a Sign and Awning Co. Emp…$2MKlai Juba Wald Employee Stock Ownership PlanKlai Juba Wald Employee Stoc…$2MC & J Well Drilling Company Employee Stock Ownership Plan and Trust AgreementC & J Well Drilling Company …$2M
End-of-year total assets ($M) among Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Packaging Specialties, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Packaging Specialties, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 7.614105649148432% vs 2022
2024 filing year
$1.5M$1.55M$1.6M$1.65M$1.7M$1.75M 202220232024 $1.69M $1.56M ▼ -7.7%
Year Plans Participants Total Assets
2022 1 25 $2M
2023 1 22 $2M
2024 1 25 $2M

2023 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$141K
Employer EIN340838196
Plan Effective Date1999-12-31
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.00154895 · Participants: 22Packaging Specialties, Inc. Employee Stock Ownership Plan and TrustProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants

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

Outside Ohio, the nearest ESOP by assets is Es&a Sign and Awning Co. Employee Stock Ownership Plan and Trust in OR ($2M); by covered participants it is Davy Architecture, Inc. Employee Stock Ownership Plan in CA (22 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust assets move in 2023?
Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust pulled back noticeably - down 8.3% during 2023, from $2M to $2M. Reported net income was -$141K.
How have Packaging Specialties, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Packaging Specialties, Inc.'s sponsor-wide assets declined 7.6%, from $2M to $2M.
Which ESOP plans are similar in size to Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Es&a Sign and Awning Co. Employee Stock Ownership Plan and Trust in OR ($2M, 67 participants).
Which ESOP plans cover a similar participant headcount to Packaging Specialties, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Davy Architecture, Inc. Employee Stock Ownership Plan in CA (22 participants, N/A in assets).