ESOP · DOL Form 5500 · 2023

The Will-Burt Company ESOP

Data updated 2026-08-25

$37M
Total assets Below avg plan size
249
Participants Below avg headcount
82nd
Percentile by assets National rank
$150,317
Avg per participant Above avg balance/head
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Official DOL plan name: The Will-Burt Company Employee Stock Ownership Trust and Plan · Sponsored by The Will-Burt Company · Ohio · Manufacturing

$37M in assets, 249 participants

The Will-Burt Company's The Will-Burt Company Employee Stock Ownership Trust and Plan reported $37M in total assets and 249 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.

  • #13,995 in Manufacturing (18,722 peers)

Coverage in Ohio

The Will-Burt Company Employee Stock Ownership Trust and Plan covers 249 participants in Ohio, about 33% of the average Ohio filer (state average ~765 per filing). Assets: $37M.

#13,995
in Manufacturing (18,722 peers)
+7.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The Will-Burt Company Employee Stock Ownership Trust and Plan's outsized position by total assets

The Will-Burt Company Employee Stock Ownership Trust and Plan vs every filed plan by assets

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

$37,428,941 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

The Will-Burt Company Employee Stock Ownership Trust and 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. The Will-Burt Company Employee Stock Ownership Trust and Plan sits mid-pack in the medium band (249 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Will-Burt Company Employee Stock Ownership Trust and Plan reported net income rose from -$7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Will-Burt Company Employee Stock Ownership Trust and Plan end-of-year assets rose from $35M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • The Will-Burt Company Employee Stock Ownership Trust and Plan reported participants rose from 245 in the plan year 2022 filing to 249 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 340620280 · The Will-Burt Company PY 2023 · ESOP

The Will-Burt Company Employee Stock Ownership Trust and Plan · $37M · 249 · 82nd

  • EIN $37M
  • RANK 249
  • PHOTO 82nd
  • IND ESOP
  • EOY near Lochmueller Group, Inc. Employee Stock Ownership Plan
  • 5500 ind #13995

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 Will-Burt Company Employee Stock Ownership Trust and Plan in the asset neighbourhood

Withersravenel, Inc. Employee Stock Ownership PlanWithersravenel, Inc. Employe…$38MPsk Operating Parent Inc. Employee Stock Ownership PlanPsk Operating Parent Inc. Em…$37MLochmueller Group, Inc. Employee Stock Ownership PlanLochmueller Group, Inc. Empl…$37MThe Will-Burt Company Employee Stock Ownership Trust and PlanThe Will-Burt Company Employ…$37MMangan, Inc. Employee Stock Ownership PlanMangan, Inc. Employee Stock …$37M
End-of-year total assets ($M) among The Will-Burt Company Employee Stock Ownership Trust and Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$37M
Net Income$2M
Employer EIN340620280
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Will-Burt Company)

Sponsor-wide plan assets over time

All The Will-Burt Company plans reported in each filing year

Latest sponsor-wide plan assets
$62M 18.09658388930663% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $52.3M $61.7M ▲ +18.1%
Year Plans Participants Total Assets
2022 2 517 $52M
2023 2 529 $55M
2024 2 564 $62M

Nearby ESOP Plans in Ohio

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

The Will-Burt Company Employee Stock Ownership Trust and Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants The Will-Burt Company Employee Stock Ownership Trust and Plan, Total assets ($B): 0.037428941 · Participants: 249The Will-Burt Company Employee Stock Ownership Trust and PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
The Will-Burt Company Employee Stock Ownership Trust and Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare The Will-Burt Company Employee Stock Ownership Trust and Plan side-by-side with 3 peers →

The Will-Burt Company Employee Stock Ownership Trust and Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Lochmueller Group, Inc. Employee Stock Ownership Plan in IN ($37M); by covered participants it is Consolidated Safety Services, Inc. Employee Stock Ownership Plan in VA (249 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (249 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 The Will-Burt Company Employee Stock Ownership Trust and Plan assets move in 2023? ▼
The Will-Burt Company Employee Stock Ownership Trust and Plan grew at a solid clip - up 7.2% during 2023, from $35M to $37M. Reported net income was $2M.
How have The Will-Burt Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Will-Burt Company's sponsor-wide assets grew 18.1%, from $52M to $62M.
Where does The Will-Burt Company Employee Stock Ownership Trust and Plan rank by assets among Form 5500 filers? ▼
The Will-Burt Company Employee Stock Ownership Trust and Plan 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 The Will-Burt Company Employee Stock Ownership Trust and Plan? ▼
Among ESOP plans in other states, the closest by assets is Lochmueller Group, Inc. Employee Stock Ownership Plan in IN ($37M, 204 participants).
Which ESOP plans cover a similar participant headcount to The Will-Burt Company Employee Stock Ownership Trust and Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Consolidated Safety Services, Inc. Employee Stock Ownership Plan in VA (249 participants, $26M 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 340620280.

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.