ESOP · DOL Form 5500 · 2023

Hammond Group, Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
114
Participants
63rd
Percentile by assets
$108,782
Avg per participant
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Official DOL plan name: Hammond Group Employee Stock Ownership Plan · Sponsored by Hammond Group, Inc. · Indiana · Manufacturing

$12M in assets, 114 participants

Hammond Group, Inc.'s Hammond Group Employee Stock Ownership Plan reported $12M in total assets and 114 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #9,470 in Manufacturing (18,722 peers)

Coverage in Indiana

Hammond Group Employee Stock Ownership Plan covers 114 participants in Indiana, about 21% of the average Indiana filer (state average ~541 per filing). Assets: $12M.

$12M
total plan assets (2023 EOY)
114
covered participants
63rd
percentile by assets (of 127,072 plans)
$108,782
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Hammond Group Employee Stock Ownership Plan sits by total assets

Hammond Group Employee Stock Ownership Plan vs every filed plan by assets

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

$12,401,160 Top 37% higher than 63% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hammond Group Employee Stock Ownership Plan reported net income rose from -$4M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Hammond Group Employee Stock Ownership Plan end-of-year assets fell from $15M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Hammond Group Employee Stock Ownership Plan reported participants fell from 122 in the plan year 2022 filing to 114 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Indiana
Industry
Manufacturing

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Hammond Group Employee Stock Ownership Plan reports 114 participants - about 21% of that state average ($12M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)-$4M
Net Income-$1M
Employer EIN350362850
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hammond Group, Inc.)

$43M$44M$45M$46M 202220232024 $44M $45.6M ▲ +3.7%
Total plan assets by year, all Hammond Group, Inc. plans on file
Year Plans Participants Total Assets
2022 2 245 $44M
2023 2 228 $43M
2024 2 211 $46M

Nearby ESOP Plans in Indiana

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

Hammond Group Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants Hammond Group Employ…, Total assets ($B): 0.01240116 · Participants: 114Hammond Group Employ…Jasper Holdings, Inc…, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc…Urschel Laboratories…, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories…Nibco Inc. Employee …, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee …Superior Industrial …, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial …Ducharme, Mcmillen &…, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen &…
Hammond Group Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Hammond Group Employee Stock Ownership P… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hammond Group Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Hammond Group Employee Stock Ownership Plan assets move in 2023? ▼
Hammond Group Employee Stock Ownership Plan pulled back noticeably - down 14.7% during 2023, from $15M to $12M. Reported net income was -$1M.
How have Hammond Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hammond Group, Inc.'s sponsor-wide assets grew 3.7%, from $44M to $46M.
Which ESOP plans are similar in size to Hammond Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Garrison Hughes, Inc. Employee Stock Ownership Plan in PA ($12M, 102 participants).

Next read for Hammond Group Employee Stock Ownership P…

Filing takeaways

Ways to act on Hammond Group Employee Stock Ownership Plan's numbers.

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 350362850.

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.