ESOP · DOL Form 5500 · 2023

General Engineering Co. of Virginia ESOP

Data updated 2026-08-25

$37M
Total assets Below avg plan size
170
Participants Small participant base
82nd
Percentile by assets National rank
$216,053
Avg per participant Above avg balance/head
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Official DOL plan name: General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust · Sponsored by General Engineering Co. of Virginia · Virginia · Manufacturing

$37M in assets, 170 participants

General Engineering Co. of Virginia's General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust reported $37M in total assets and 170 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #13,935 in Manufacturing (18,722 peers)

Coverage in Virginia

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust covers 170 participants in Virginia, about 22% of the average Virginia filer (state average ~782 per filing). Assets: $37M.

#13,935
in Manufacturing (18,722 peers)
+35.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust's outsized position by total assets

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$36,729,094 Top 18% higher than 82% 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

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust 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. General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (170 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust reported net income rose from $999K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust end-of-year assets rose from $27M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust reported participants rose from 163 in the plan year 2022 filing to 170 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 540912795 · General Engineering Co. of Virginia PY 2023 · ESOP

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust · $37M · 170 · 82nd

  • RANK $37M
  • PHOTO 170
  • IND 82nd
  • EOY ESOP
  • 5500 near Threaded Fasteners, Inc. Employee Stock Ownership Plan and Trust
  • ASSETS ind #13935

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 →

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust in the asset neighbourhood

Cornerstone Holdings, Inc. Employee Stock Ownership Plan and TrustCornerstone Holdings, Inc. E…$37MMulberry's Independent Home Services, Inc. Employee Stock Ownership PlanMulberry's Independent Home …$37MGeneral Engineering Co. of Virginia Employee Stock Ownership Plan and TrustGeneral Engineering Co. of V…$37MThreaded Fasteners, Inc. Employee Stock Ownership Plan and TrustThreaded Fasteners, Inc. Emp…$37MIndiana Industrial Services Employee Stock Ownership PlanIndiana Industrial Services …$37M
End-of-year total assets ($M) among General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$29M
Net Income$2M
Employer EIN540912795
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Engineering Co. of Virginia)

Sponsor-wide plan assets over time

All General Engineering Co. of Virginia plans reported in each filing year

Latest sponsor-wide plan assets
$46M 70.68324910833213% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $27M $46.1M ▲ +70.7%
Year Plans Participants Total Assets
2022 1 163 $27M
2023 1 170 $37M
2024 1 193 $46M

Nearby ESOP Plans in Virginia

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

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust, Total assets ($B): 0.036729094 · Participants: 170General Engineering Co. of Virginia Employee Stock Ownership Plan and TrustNvr, 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
General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants
Compare General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Threaded Fasteners, Inc. Employee Stock Ownership Plan and Trust in AL ($37M); by covered participants it is The Cummins Construction Company, Inc. Employee Stock Ownership Plan in OK (170 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (170 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 General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust assets move in 2023? ▼
General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust surged - up 35.9% during 2023, from $27M to $37M. Reported net income was $2M.
How have General Engineering Co. of Virginia plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Engineering Co. of Virginia's sponsor-wide assets grew 70.7%, from $27M to $46M.
Where does General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust ranks in the 82nd 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 General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Threaded Fasteners, Inc. Employee Stock Ownership Plan and Trust in AL ($37M, 194 participants).
Which ESOP plans cover a similar participant headcount to General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is The Cummins Construction Company, Inc. Employee Stock Ownership Plan in OK (170 participants, $66M 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 540912795.

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.