ESOP · DOL Form 5500 · 2023

Kovatch Castings, Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
163
Participants Small participant base
59th
Percentile by assets National rank
$62,247
Avg per participant Low balance/head
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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.

  • #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.

#8,467
in Manufacturing (18,722 peers)
+40.5%
assets growth YoY

Kovatch Castings, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

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 $2,050,000,000 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

Kovatch Castings, Inc. Employee Stock Ownership 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. Kovatch Castings, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (163 participants).

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 →

Form 5500 schedule snapshot

Filing strip 341198748 · Kovatch Castings, Inc. PY 2023 · ESOP

Kovatch Castings, Inc. Employee Stock Ownership Plan · $10M · 163 · 59th

  • PART $10M
  • PART 163
  • PART 59th
  • PART ESOP
  • PART near Chamlin & Associates Inc. Employee Stock Ownership Plan
  • PART ind #8467

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 →

Kovatch Castings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Kovatch Castings, Inc. Employee Stock Ownership PlanKovatch Castings, Inc. Emplo…$10MChamlin & Associates Inc. Employee Stock Ownership PlanChamlin & Associates Inc. Em…$10MEberle Communications Group, Inc. Employee Stock Ownership PlanEberle Communications Group,…$10MDelta Airport Consultants, Inc. Employee Stock Ownership PlanDelta Airport Consultants, I…$10MKiel Laboratories, Inc. Employee Stock Ownership PlanKiel Laboratories, Inc. Empl…$10M
End-of-year total assets ($M) among Kovatch Castings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Kovatch Castings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 30.967140025415603% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $16.9M $22.2M ▲ +31.0%
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 ($B) Participants Kovatch Castings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.010146329 · Participants: 163Kovatch Castings, Inc. Employee Stock Ownership 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
Kovatch Castings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Kovatch Castings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Kovatch Castings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Chamlin & Associates Inc. Employee Stock Ownership Plan in IL ($10M); by covered participants it is Mid-Atlantic Door Group Employee Stock Ownership Plan in MD (163 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (163 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 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).
Which ESOP plans cover a similar participant headcount to Kovatch Castings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mid-Atlantic Door Group Employee Stock Ownership Plan in MD (163 participants, $7M 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 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.