ESOP · DOL Form 5500 · 2023

Geolabs, Inc. ESOP

Data updated 2026-08-11

$25M
Total assets
71
Participants
77th
Percentile by assets
$355,768
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Geolabs, Inc. Employee Stock Ownership Plan · Sponsored by Geolabs, Inc. · Hawaii · Professional & Technical Services

$25M in assets, 71 participants

Geolabs, Inc.'s Geolabs, Inc. Employee Stock Ownership Plan reported $25M in total assets and 71 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 127,072 plans)
  • #15,632 in Professional & Technical Services (20,321 peers)

Where Geolabs, Inc. Employee Stock Ownership Plan sits by assets

Geolabs, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $25M for 71 participants (~$355,768/participant), up 22.1% in 2023.

$25M
total plan assets (2023 EOY)
71
covered participants
77th
percentile by assets (of 127,072 plans)
$355,768
avg assets per participant

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

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

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

$25,259,563 Top 23% higher than 77% 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

  • Geolabs, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Geolabs, Inc. Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Geolabs, Inc. Employee Stock Ownership Plan reported participants rose from 65 in the plan year 2022 filing to 71 in the plan year 2023 filing.

See the national 2022→2023 release diff →

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

By assets, Geolabs, Inc. Employee Stock Ownership Plan outranks 77% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$5M
Employer EIN990162167
Plan Effective Date1977-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Geolabs, Inc.)

$15M$20M$25M$30M$35M$40M 202220232024 $20.7M $34.7M ▲ +67.8%
Total plan assets by year, all Geolabs, Inc. plans on file
Year Plans Participants Total Assets
2022 1 65 $21M
2023 1 71 $25M
2024 1 69 $35M

Nearby ESOP Plans in Hawaii

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

Geolabs, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants Scatter plot of 6 data points. 050010001500 050100150 Total assets ($M) Participants Geolabs, Inc. Employ…, Total assets ($M): 25.259563 · Participants: 71Geolabs, Inc. Employ…Roberts Hawaii, Inc.…, Total assets ($M): 128.324178 · Participants: 1144Roberts Hawaii, Inc.…Gpf Life and Health …, Total assets ($M): 128.158632 · Participants: 102Gpf Life and Health …Bowers & Kubota Cons…, Total assets ($M): 124.005968 · Participants: 258Bowers & Kubota Cons…R. M. Towill Corpora…, Total assets ($M): 116.46544 · Participants: 96R. M. Towill Corpora…Hpm Building Supply …, Total assets ($M): 99.513108 · Participants: 381Hpm Building Supply …
Geolabs, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Geolabs, Inc. Employee Stock Ownership Plan assets move in 2023?
Geolabs, Inc. Employee Stock Ownership Plan grew sharply - up 22.1% during 2023, from $21M to $25M. Reported net income was $5M.
How have Geolabs, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Geolabs, Inc.'s sponsor-wide assets grew 67.7%, from $21M to $35M.
Where does Geolabs, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Geolabs, Inc. Employee Stock Ownership Plan ranks in the 77th 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 Geolabs, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Pipe Distributors, Inc. Employee Stock Ownership Plan in TX ($25M, 44 participants).

Next read for Geolabs, Inc. Employee Stock Ownership P…

Scale reading

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