ESOP · DOL Form 5500 · 2023
Garland Industries, Inc ESOP
Data updated 2026-08-25
- $1.7B
- Total assets Very large vs avg
- 1,019
- Participants Near avg headcount
- 99th
- Percentile by assets National rank
- $1.7M
- Avg per participant High balance/head
Official DOL plan name: The Garland Industries, Inc. Employee Stock Ownership Plan & Trust · Sponsored by Garland Industries, Inc · Ohio · Manufacturing
$1.7B in assets, 1,019 participants
Garland Industries, Inc's The Garland Industries, Inc. Employee Stock Ownership Plan & Trust reported $1.7B in total assets and 1,019 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #18,426 in Manufacturing (18,722 peers)
Where The Garland Industries, Inc. Employee Stock Ownership Plan & Trust sits by assets
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust sits among the largest 1% of all filed plans, $1.7B for 1,019 participants (~$1.7M/participant), up 22.1% in 2023.
- #18,426
- in Manufacturing (18,722 peers)
- +22.1%
- assets growth YoY
- 17×
- vs typical plan assets (national mean)
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust's outsized position by total assets
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,692,644,904 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Garland Industries, Inc. Employee Stock Ownership Plan & Trust lands in the large band (1,019 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Garland Industries, Inc. Employee Stock Ownership Plan & Trust reported net income rose from $201M in the plan year 2022 filing to $306M in the plan year 2023 filing.
- The Garland Industries, Inc. Employee Stock Ownership Plan & Trust end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
- The Garland Industries, Inc. Employee Stock Ownership Plan & Trust reported participants rose from 1,000 in the plan year 2022 filing to 1,019 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 341115246 · Garland Industries, Inc PY 2023 · ESOP
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust · $1.7B · 1,019 · 99th
- PHOTO $1.7B
- IND 1,019
- EOY 99th
- 5500 ESOP
- ASSETS near Kehe Distributors, Inc. Employee Stock Ownership Plan
- PCT ind #18426
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 →
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | $306M |
| Employer EIN | 341115246 |
| Plan Effective Date | 1985-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Garland Industries, Inc)
Sponsor-wide plan assets over time
All Garland Industries, Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $2.0B 40.60377735181247% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,307 | $1.4B |
| 2023 | 2 | 2,621 | $1.7B |
| 2024 | 1 | 1,118 | $2.0B |
Nearby ESOP Plans in Ohio
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $23.1B · 32,152
- Messer Inc. Employee Stock Ownership Plan $622M · 873
- Great Lakes Cheese Co., Inc. Employee Stock Ownership Plan $504M · 4,110
- Cleveland Steel Container Corporation Employee Stock Ownership Plan $452M · 434
- Henny Penny Corporation Employee Stock Ownership Plan $415M · 841
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust's out-of-state ESOP peers by assets and headcount
Outside Ohio, the nearest ESOP by assets is Kehe Distributors, Inc. Employee Stock Ownership Plan in IL ($1.6B); by covered participants it is Pennoni Associates Inc. Employee Stock Ownership Plan in PA (1,015 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.7B here).
- Kehe Distributors, Inc. Employee Stock Ownership Plan (IL) $1.6B · 4,251
- Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement (PA) $1.6B · 342
- W.L. Gore & Associates, Inc. Restated Associate Stock Ownership Plan (DE) $1.9B · 7,813
- Mccarthy Employee Stock Ownership Plan (MO) $1.5B · 3,651
Similar participant headcount
Nearest other-state filings by covered participants (1,019 participants); asset peers above are excluded.
- Pennoni Associates Inc. Employee Stock Ownership Plan (PA) 1,015 · 4 off
- American Solutions for Business Employee Stock Ownership Plan (MN) 1,015 · 4 off
- Litehouse, Inc. Employee Stock Ownership Plan (ID) 1,015 · 4 off
- Honeywell Puerto Rico Savings Plan (NC) 1,012 · 7 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.