ESOP · DOL Form 5500 · 2023

Niagara Specialty Metals, Inc. ESOP

Data updated 2026-08-11

$96M
Total assets: 43
Participants: 91st
Percentile by assets: $2.2M
Avg per participant

Official DOL plan name: Niagara Specialty Metals, Inc. Employee Stock Ownership Plan · Sponsored by Niagara Specialty Metals, Inc. · New York · Manufacturing

$96M in assets, 43 participants

Niagara Specialty Metals, Inc.'s Niagara Specialty Metals, Inc. Employee Stock Ownership Plan reported $96M in total assets and 43 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 127,072 plans)
#16,180 in Manufacturing (18,722 peers)

Where Niagara Specialty Metals, Inc. Employee Stock Ownership Plan sits by assets

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $96M for 43 participants (~$2.2M/participant), up 9.6% in 2023.

$96M
total plan assets (2023 EOY): 43
covered participants: 91st
percentile by assets (of 127,072 plans): $2.2M
avg assets per participant

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan reported net income rose from -$8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan end-of-year assets rose from $88M in the plan year 2022 filing to $96M in the plan year 2023 filing.
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan reported participants fell from 44 in the plan year 2022 filing to 43 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Manufacturing

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Niagara Specialty Metals, Inc. Employee Stock Ownership Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$88M
Net Assets (End of Year)	$93M
Net Income	$9M
Employer EIN	161179936
Plan Effective Date	2003-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Niagara Specialty Metals, Inc.)

Total plan assets by year, all Niagara Specialty Metals, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	44	$88M
2023	1	43	$96M
2024	1	40	$81M

Nearby ESOP Plans in New York

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

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Stewart's Shops Corp Employee Stock Ownership Plan $877M · 3,439
North Coast Holdings Employee Stock Ownership Plan $406M · 4,467
Griffon Corporation Employee Stock Ownership Plan $299M · 3,674
Greenman-Pedersen, Inc. Employee Stock Ownership Plan $248M · 1,704
H.C. Wainwright & Co. Employee Stock Ownership Plan $242M · 93

Compare Niagara Specialty Metals, Inc. Employee … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Niagara Specialty Metals, Inc. Employee Stock Ownership Plan by total assets, not by location.

Yoke's Foods, Inc. Employee Stock Ownership Plan (WA) $96M · 1,532
Christian Brothers Automotive Corporation Employee Stock Ownership Plan (TX) $96M · 119
Touchpoint, Inc. Employee Stock Ownership Plan (PA) $96M · 562
Eurpac Service, Inc. Employee Stock Ownership Plan (CT) $96M · 529

Frequently Asked Questions

How did Niagara Specialty Metals, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan grew at a solid clip - up 9.6% during 2023, from $88M to $96M. Reported net income was $9M.

How have Niagara Specialty Metals, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Niagara Specialty Metals, Inc.'s sponsor-wide assets declined 8.2%, from $88M to $81M.

Where does Niagara Specialty Metals, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Niagara Specialty Metals, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Yoke's Foods, Inc. Employee Stock Ownership Plan in WA ($96M, 1,532 participants).

Next read for Niagara Specialty Metals, Inc. Employee …

Scale reading

Ways to act on Niagara Specialty Metals, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Niagara Specialty Metals, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
Niagara Specialty Metals, Inc.'s sponsor-wide assets have declined 8.2% 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 161179936.