ESOP · DOL Form 5500 · 2023

Kovatch Castings, Inc. ESOP

Data updated 2026-08-11

$10M
Total assets
163
Participants
59th
Percentile by assets
$62,247
Avg per participant
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Official DOL plan name: Kovatch Castings, Inc. Employee Stock Ownership Plan · Sponsored by Kovatch Castings, Inc. · Ohio · Manufacturing

$10M in assets, 163 participants

Kovatch Castings, Inc.'s Kovatch Castings, Inc. Employee Stock Ownership Plan reported $10M in total assets and 163 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • 59th percentile by assets (of 127,072 plans)
  • #8,467 in Manufacturing (18,722 peers)

Coverage in Ohio

Kovatch Castings, Inc. Employee Stock Ownership Plan covers 163 participants in Ohio, about 21% of the average Ohio filer (state average ~765 per filing). Assets: $10M.

$10M
total plan assets (2023 EOY)
163
covered participants
59th
percentile by assets (of 127,072 plans)
$62,247
avg assets per participant

Where Kovatch Castings, Inc. Employee Stock Ownership Plan sits by total assets

Kovatch Castings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$10,146,329 Top 41% higher than 59% 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

  • Kovatch Castings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Kovatch Castings, Inc. Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Kovatch Castings, Inc. Employee Stock Ownership Plan reported participants rose from 153 in the plan year 2022 filing to 163 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Ohio
Industry
Manufacturing

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Kovatch Castings, Inc. Employee Stock Ownership Plan reports 163 participants - about 21% of that state average ($10M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)-$6M
Net Income$5M
Employer EIN341198748
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kovatch Castings, Inc.)

$16M$18M$20M$22M$24M 202220232024 $16.9M $22.2M ▲ +31.0%
Total plan assets by year, all Kovatch Castings, Inc. plans on file
Year Plans Participants Total Assets
2022 2 319 $17M
2023 2 342 $22M
2024 2 386 $22M

Nearby ESOP Plans in Ohio

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

Kovatch Castings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Kovatch Castings, In…, Total assets ($B): 0.010146329 · Participants: 163Kovatch Castings, In…Procter & Gamble Pro…, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Pro…The Garland Industri…, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industri…Messer Inc. Employee…, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee…Great Lakes Cheese C…, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese C…Cleveland Steel Cont…, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Cont…
Kovatch Castings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Kovatch Castings, Inc. Employee Stock Ow… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Kovatch Castings, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Kovatch Castings, Inc. Employee Stock Ownership Plan surged - up 40.5% during 2023, from $7M to $10M. Reported net income was $5M.
How have Kovatch Castings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kovatch Castings, Inc.'s sponsor-wide assets grew 31.0%, from $17M to $22M.
Which ESOP plans are similar in size to Kovatch Castings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Chamlin & Associates Inc. Employee Stock Ownership Plan in IL ($10M, 59 participants).

Next read for Kovatch Castings, Inc. Employee Stock Ow…

Filing takeaways

Ways to act on Kovatch Castings, Inc. 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 341198748.

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.