ESOP · DOL Form 5500 · 2023

Hercules Industries, Inc. ESOP

Data updated 2026-08-11

$106M
Total assets: 444
Participants: 92nd
Percentile by assets: $239,438
Avg per participant

Official DOL plan name: Hercules Industries, Inc. Employee Stock Ownership Plan · Sponsored by Hercules Industries, Inc. · Colorado · Wholesale Trade

$106M in assets, 444 participants

Hercules Industries, Inc.'s Hercules Industries, Inc. Employee Stock Ownership Plan reported $106M in total assets and 444 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#5,883 in Wholesale Trade (6,309 peers)

Where Hercules Industries, Inc. Employee Stock Ownership Plan sits by assets

Hercules Industries, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $106M for 444 participants (~$239,438/participant), up 4.9% in 2023.

$106M
total plan assets (2023 EOY): 444
covered participants: 92nd
percentile by assets (of 127,072 plans): $239,438
avg assets per participant

Hercules Industries, Inc. Employee Stock Ownership Plan reported net income fell from $34M in the plan year 2022 filing to $7M in the plan year 2023 filing.
Hercules Industries, Inc. Employee Stock Ownership Plan reported participants rose from 395 in the plan year 2022 filing to 444 in the plan year 2023 filing.
Hercules Industries, Inc. Employee Stock Ownership Plan end-of-year assets rose from $101M in the plan year 2022 filing to $106M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Colorado

Industry

Wholesale Trade

Hercules Industries, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Hercules Industries, Inc. Employee Stock Ownership Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$101M
Net Assets (End of Year)	$36M
Net Income	$7M
Employer EIN	840516481
Plan Effective Date	2019-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hercules Industries, Inc.)

Total plan assets by year, all Hercules Industries, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	798	$123M
2023	2	875	$133M
2024	2	930	$139M

Nearby ESOP Plans in Colorado

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

Hercules Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Colorado, assets vs. participants

Alpine Lumber Company Employee Stock Ownership Plan $385M · 581
Trinidad Benham Corp. Employee Stock Ownership Plan $266M · 776
Envision Management Holding, Inc. Employee Stock Ownership Plan $211M · 1,075
Brown Strauss, Inc. Employee Stock Ownership Plan $209M · 206
Tuff Shed, Inc. Employee Stock Ownership Plan $92M · 1,490

Compare Hercules Industries, Inc. Employee Stock… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Taylor-Listug, Inc. Employee Stock Ownership Plan (CA) $106M · 1,096
Sierra Pacific Engineering & Products Employee Stock Ownership Plan (CA) $106M · 84
Amboy Bancorporation Employee Stock Ownership Plan (NJ) $107M · 193
Fairway Independent Mortgage Corporation Employee Stock Ownership (WI) $107M · 7,128

Frequently Asked Questions

How did Hercules Industries, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Hercules Industries, Inc. Employee Stock Ownership Plan edged up modestly - up 4.9% during 2023, from $101M to $106M. Reported net income was $7M.

How have Hercules Industries, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hercules Industries, Inc.'s sponsor-wide assets grew 12.9%, from $123M to $139M.

Where does Hercules Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Hercules Industries, Inc. Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Hercules Industries, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Taylor-Listug, Inc. Employee Stock Ownership Plan in CA ($106M, 1,096 participants).

Next read for Hercules Industries, Inc. Employee Stock…

Scale reading

Ways to act on Hercules Industries, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Hercules Industries, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Colorado. Compare plans
Hercules Industries, Inc.'s sponsor-wide assets have grown 12.9% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 840516481.