ESOP · DOL Form 5500 · 2023

Palmer Holland, Inc. ESOP

Data updated 2026-08-06

$233M
Total assets
181
Participants
95th
Percentile by assets
$1.3M
Avg per participant
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Official DOL plan name: Palmer Holland, Inc. Employee Stock Ownership Plan · Sponsored by Palmer Holland, Inc. · Ohio · Wholesale Trade

$233M in assets, 181 participants

Palmer Holland, Inc.'s Palmer Holland, Inc. Employee Stock Ownership Plan reported $233M in total assets and 181 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 126,618 plans)
  • #6,074 in Wholesale Trade (6,291 peers)

Coverage in Ohio

Palmer Holland, Inc. Employee Stock Ownership Plan covers 181 participants in Ohio, about 23% of the average Ohio filer (state average ~787 per filing). Assets: $233M.

$233M
total plan assets (2023 EOY)
181
covered participants
95th
percentile by assets (of 126,618 plans)
$1.3M
avg assets per participant

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Palmer Holland, Inc. Employee Stock Ownership Plan reported net income fell from $102M in the plan year 2022 filing to -$27M in the plan year 2023 filing.
  • Palmer Holland, Inc. Employee Stock Ownership Plan reported participants rose from 145 in the plan year 2022 filing to 181 in the plan year 2023 filing.
  • Palmer Holland, Inc. Employee Stock Ownership Plan end-of-year assets fell from $261M in the plan year 2022 filing to $233M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 787 participants across 4,840 plans. Palmer Holland, Inc. Employee Stock Ownership Plan reports 181 participants - about 23% of that state average ($233M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$261M
Net Assets (End of Year)$198M
Net Income-$27M
Employer EIN340764574
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmer Holland, Inc.)

$250M$260M$270M$280M$290M 202220232024 $284M $257M ▼ -9.7%
Total plan assets by year, all Palmer Holland, Inc. plans on file
Year Plans Participants Total Assets
2022 2 289 $284M
2023 2 366 $264M
2024 2 438 $257M

Nearby ESOP Plans in Ohio

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

Palmer Holland, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Palmer Holland, Inc. 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 Palmer Holland, Inc.…Procter & Gamble Pro…The Garland Industri…Messer Inc. Employee…Great Lakes Cheese C…Cleveland Steel Cont…
Palmer Holland, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Palmer Holland, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Palmer Holland, Inc. Employee Stock Ownership Plan assets move in 2023?
Palmer Holland, Inc. Employee Stock Ownership Plan pulled back noticeably - down 10.7% during 2023, from $261M to $233M. Reported net income was -$27M.
How have Palmer Holland, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Palmer Holland, Inc.'s sponsor-wide assets declined 9.7%, from $284M to $257M.
Where does Palmer Holland, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Palmer Holland, Inc. Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Palmer Holland, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is International Chemical Company Employee Stock Ownership Plan in OK ($232M, 62 participants).

Next read for Palmer Holland, Inc. Employee Stock Owne…

Filing takeaways

Ways to act on Palmer Holland, Inc. Employee Stock Ownership Plan's numbers.