ESOP · DOL Form 5500 · 2023
Gs Engineering, Inc. ESOP
Data updated 2026-08-11
- $5M
- Total assets
- 83
- Participants
- 43rd
- Percentile by assets
- $55,485
- Avg per participant
Official DOL plan name: Gs Engineering, Inc. Employee Stock Ownership Plan · Sponsored by Gs Engineering, Inc. · Michigan · Professional & Technical Services
$5M in assets, 83 participants
Gs Engineering, Inc.'s Gs Engineering, Inc. Employee Stock Ownership Plan reported $5M in total assets and 83 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.
- 43rd percentile by assets (of 127,072 plans)
- #8,208 in Professional & Technical Services (20,321 peers)
Gs Engineering, Inc. multi-year trail
Gs Engineering, Inc.'s plans moved +38.2% in assets from 2022 to 2024; this filing shows Gs Engineering, Inc. Employee Stock Ownership Plan at $5M / 83 participants.
- $5M
- total plan assets (2023 EOY)
- 83
- covered participants
- 43rd
- percentile by assets (of 127,072 plans)
- $55,485
- avg assets per participant
The plan reported a net loss of $367K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Gs Engineering, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2022 filing to -$367K in the plan year 2023 filing.
- Gs Engineering, Inc. Employee Stock Ownership Plan end-of-year assets fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Gs Engineering, Inc. Employee Stock Ownership Plan reported participants rose from 76 in the plan year 2022 filing to 83 in the plan year 2023 filing.
Gs Engineering, Inc. across 3 plan years on file
Across the 3 plan years Gs Engineering, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $15M to $21M, a gain of 38.2%, while reported participants moved from 150 to 175 (+16.7%). Peak year by sponsor assets: 2024 ($21M); trough: 2022 ($15M).
Gs Engineering, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 150 | $15M |
| 2023 | 2 | 166 | $16M |
| 2024 | 2 | 175 | $21M |
Gs Engineering, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$367K |
| Employer EIN | 383611785 |
| Plan Effective Date | 2013-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
Gs Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Gs Engineering, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Gs Engineering, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Gs Engineering, Inc. Employee Stock Ownership Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
- Gs Engineering, Inc.'s sponsor-wide assets have grown 38.2% since 2022 across 3 plan years on file. More Professional & Technical Services plans