ESOP · DOL Form 5500 · 2023

Germain & Co Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
43
Participants Small participant base
49th
Percentile by assets National rank
$150,232
Avg per participant Above avg balance/head
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Official DOL plan name: Germane Solutions Employee Stock Ownership Plan · Sponsored by Germain & Co Inc. · Ohio · Professional & Technical Services

$6M in assets, 43 participants

Germain & Co Inc.'s Germane Solutions Employee Stock Ownership Plan reported $6M in total assets and 43 participants in its 2023 DOL Form 5500 filing, ranking in the 49th 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.

  • #9,682 in Professional & Technical Services (20,321 peers)

Germain & Co Inc. multi-year trail

Germain & Co Inc.'s plans moved +71.5% in assets from 2022 to 2024; this filing shows Germane Solutions Employee Stock Ownership Plan at $6M / 43 participants.

#9,682
in Professional & Technical Services (20,321 peers)
-10.0%
assets change YoY

The plan reported a net loss of $498K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Germane Solutions Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Germane Solutions Employee Stock Ownership Plan vs every filed plan by assets

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

$6,459,960 49th percentile higher than 49% 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

Germane Solutions Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Germane Solutions Employee Stock Ownership Plan is a small filing (43 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Germane Solutions Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to -$498K in the plan year 2023 filing.
  • Germane Solutions Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Germane Solutions Employee Stock Ownership Plan reported participants rose from 41 in the plan year 2022 filing to 43 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 200242557 · Germain & Co Inc. PY 2023 · ESOP

Germane Solutions Employee Stock Ownership Plan · $6M · 43 · 49th

  • PHOTO $6M
  • PHOTO 43
  • PHOTO 49th
  • PHOTO ESOP
  • PHOTO near Sanibel Captiva Holdings, Inc. Employee Stock Ownership Plan
  • PHOTO ind #9682

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 →

Germane Solutions Employee Stock Ownership Plan in the asset neighbourhood

Rincon Technology, Inc. Employee Stock Ownership PlanRincon Technology, Inc. Empl…$6MGermane Solutions Employee Stock Ownership PlanGermane Solutions Employee S…$6MSanibel Captiva Holdings, Inc. Employee Stock Ownership PlanSanibel Captiva Holdings, In…$6MPatchplus Consulting, Inc. Employee Stock Ownership PlanPatchplus Consulting, Inc. E…$6MAme Consulting Engineers, PC Employee Stock Ownership PlanAme Consulting Engineers, PC…$6M
End-of-year total assets ($M) among Germane Solutions Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Germain & Co Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Germain & Co Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 71.45993413830955% vs 2022
2024 filing year
$4M$6M$8M$10M$12M$14M 202220232024 $7.18M $12.3M ▲ +71.4%
Year Plans Participants Total Assets
2022 1 41 $7M
2023 1 43 $6M
2024 1 34 $12M

Germain & Co Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$217K
Net Income-$498K
Employer EIN200242557
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Germane Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Germane Solutions Employee Stock Ownership Plan, Total assets ($B): 0.00645996 · Participants: 43Germane Solutions Employee Stock Ownership PlanProcter & 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
Germane Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Germane Solutions Employee Stock Ownership Plan side-by-side with 3 peers →

Germane Solutions Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Sanibel Captiva Holdings, Inc. Employee Stock Ownership Plan in FL ($6M); by covered participants it is Unison Solutions, Inc. Employee Stock Ownership Plan in IA (43 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (43 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.

Frequently Asked Questions

How did Germane Solutions Employee Stock Ownership Plan assets move in 2023? ▼
Germane Solutions Employee Stock Ownership Plan pulled back noticeably - down 10.0% during 2023, from $7M to $6M. Reported net income was -$498K.
How have Germain & Co Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Germain & Co Inc.'s sponsor-wide assets grew 71.5%, from $7M to $12M.
Which ESOP plans are similar in size to Germane Solutions Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Sanibel Captiva Holdings, Inc. Employee Stock Ownership Plan in FL ($6M, 44 participants).
Which ESOP plans cover a similar participant headcount to Germane Solutions Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Unison Solutions, Inc. Employee Stock Ownership Plan in IA (43 participants, $12M in assets).

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 200242557.

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.