ESOP · DOL Form 5500 · 2023

Waste Gas Fabricating Co., Inc. ESOP

Data updated 2026-08-11

$66M
Total assets
86
Participants
88th
Percentile by assets
$764,830
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan · Sponsored by Waste Gas Fabricating Co., Inc. · Pennsylvania · Manufacturing

$66M in assets, 86 participants

Waste Gas Fabricating Co., Inc.'s Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan reported $66M in total assets and 86 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 127,072 plans)
  • #15,439 in Manufacturing (18,722 peers)

Where Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan sits by assets

Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $66M for 86 participants (~$764,830/participant), up 50.4% in 2023.

$66M
total plan assets (2023 EOY)
86
covered participants
88th
percentile by assets (of 127,072 plans)
$764,830
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan end-of-year assets rose from $44M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan reported participants fell from 88 in the plan year 2022 filing to 86 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan outranks 88% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$46M
Net Income$23M
Employer EIN232061847
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Waste Gas Fabricating Co., Inc.)

$40M$60M$80M$100M 202220232024 $43.7M $81.1M ▲ +85.4%
Total plan assets by year, all Waste Gas Fabricating Co., Inc. plans on file
Year Plans Participants Total Assets
2022 1 88 $44M
2023 1 86 $66M
2024 1 107 $81M

Nearby ESOP Plans in Pennsylvania

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

Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Waste Gas Fabricatin…Wawa, Inc. Employee …Bradford White Corpo…Centimark Corporatio…Sheetz, Inc. Employe…D & H Employee Stock…
Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan assets move in 2023?
Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan surged - up 50.4% during 2023, from $44M to $66M. Reported net income was $23M.
How have Waste Gas Fabricating Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Waste Gas Fabricating Co., Inc.'s sponsor-wide assets grew 85.4%, from $44M to $81M.
Where does Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Component Plastics, Inc. Employee Stock Ownership Plan in IL ($66M, 54 participants).

Next read for Waste Gas Fabricating Co., Inc. Employee…

Scale reading

Ways to act on Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Waste Gas Fabricating Co., Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
  • Waste Gas Fabricating Co., Inc.'s sponsor-wide assets have grown 85.4% since 2022 across 3 plan years on file. More Manufacturing plans