ESOP · DOL Form 5500 · 2023

Savanna Industries, Inc. ESOP

Data updated 2026-08-25

$34M
Total assets Below avg plan size
113
Participants Small participant base
81st
Percentile by assets National rank
$299,164
Avg per participant High balance/head
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Official DOL plan name: Savanna Industries Employee Stock Ownership Plan · Sponsored by Savanna Industries, Inc. · Virginia · Professional & Technical Services

$34M in assets, 113 participants

Savanna Industries, Inc.'s Savanna Industries Employee Stock Ownership Plan reported $34M in total assets and 113 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,561 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Savanna Industries Employee Stock Ownership Plan covers 113 participants in Virginia, about 14% of the average Virginia filer (state average ~782 per filing). Assets: $34M.

#16,561
in Professional & Technical Services (20,321 peers)
+530.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Savanna Industries Employee Stock Ownership Plan's outsized position by total assets

Savanna Industries Employee Stock Ownership Plan vs every filed plan by assets

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

$33,805,575 Top 19% higher than 81% 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

Savanna Industries Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savanna Industries Employee Stock Ownership Plan sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Savanna Industries Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2022 filing to $34M in the plan year 2023 filing.
  • Savanna Industries Employee Stock Ownership Plan reported net income rose from -$35M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Savanna Industries Employee Stock Ownership Plan reported participants rose from 86 in the plan year 2022 filing to 113 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 862944369 · Savanna Industries, Inc. PY 2023 · ESOP

Savanna Industries Employee Stock Ownership Plan · $34M · 113 · 81st

  • SCH $34M
  • SCH 113
  • SCH 81st
  • SCH ESOP
  • SCH near Control Associates, Inc. Employee Stock Ownership Plan
  • SCH ind #16561

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 Virginia →

Savanna Industries Employee Stock Ownership Plan in the asset neighbourhood

Tech Systems, Inc. Employee Stock Ownership PlanTech Systems, Inc. Employee …$34MFirst Citizens Financial Corp Employee Stock Ownership PlanFirst Citizens Financial Cor…$34MSavanna Industries Employee Stock Ownership PlanSavanna Industries Employee …$34MControl Associates, Inc. Employee Stock Ownership PlanControl Associates, Inc. Emp…$34MFreedom Industries, Inc. Employee Stock Ownership PlanFreedom Industries, Inc. Emp…$34M
End-of-year total assets ($M) among Savanna Industries Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$5M
Net Income$30M
Employer EIN862944369
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Savanna Industries, Inc.)

Sponsor-wide plan assets over time

All Savanna Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$94M 1643.8272088282658% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $5.36M $93.5M ▲ +1645.1%
Year Plans Participants Total Assets
2022 1 86 $5M
2023 1 113 $34M
2024 1 149 $94M

Nearby ESOP Plans in Virginia

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

Savanna Industries Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Savanna Industries Employee Stock Ownership Plan, Total assets ($B): 0.033805575 · Participants: 113Savanna Industries Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Savanna Industries Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest ESOP by assets is Control Associates, Inc. Employee Stock Ownership Plan in NJ ($34M); by covered participants it is Renew Energy, Inc. Employee Stock Ownership Plan in SD (113 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 Savanna Industries Employee Stock Ownership Plan assets move in 2023?
Savanna Industries Employee Stock Ownership Plan surged - up 530.2% during 2023, from $5M to $34M. Reported net income was $30M.
How have Savanna Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Savanna Industries, Inc.'s sponsor-wide assets grew 1643.8%, from $5M to $94M.
Where does Savanna Industries Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Savanna Industries Employee Stock Ownership Plan ranks in the 81st 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 Savanna Industries Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Control Associates, Inc. Employee Stock Ownership Plan in NJ ($34M, 150 participants).
Which ESOP plans cover a similar participant headcount to Savanna Industries Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Renew Energy, Inc. Employee Stock Ownership Plan in SD (113 participants, $809K in assets).