ESOP · DOL Form 5500 · 2023

Strassell's Machine, Inc. ESOP

Data updated 2026-08-25

$54K
Total assets Small plan by assets
70
Participants Small participant base
4th
Percentile by assets National rank
$777
Avg per participant Low balance/head
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Official DOL plan name: Strassell's Machine, Inc. Employee Stock Ownership Plan · Sponsored by Strassell's Machine, Inc. · Ohio · Manufacturing

$54K in assets, 70 participants

Strassell's Machine, Inc.'s Strassell's Machine, Inc. Employee Stock Ownership Plan reported $54K in total assets and 70 participants in its 2023 DOL Form 5500 filing, ranking in the 4th 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.

  • #308 in Manufacturing (18,722 peers)

Strassell's Machine, Inc. multi-year trail

Strassell's Machine, Inc.'s plans moved -94.0% in assets from 2022 to 2024; this filing shows Strassell's Machine, Inc. Employee Stock Ownership Plan at $54K / 70 participants.

#308
in Manufacturing (18,722 peers)
-93.7%
assets change YoY

The plan reported a net loss of $354K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Strassell's Machine, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Strassell's Machine, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$54,400 4th percentile higher than 4% 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

Strassell's Machine, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Strassell's Machine, Inc. Employee Stock Ownership Plan is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Strassell's Machine, Inc. Employee Stock Ownership Plan reported net income rose from -$10M in the plan year 2022 filing to -$354K in the plan year 2023 filing.
  • Strassell's Machine, Inc. Employee Stock Ownership Plan end-of-year assets fell from $864K in the plan year 2022 filing to $54K in the plan year 2023 filing.
  • Strassell's Machine, Inc. Employee Stock Ownership Plan reported participants rose from N/A in the plan year 2022 filing to 70 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 341645164 · Strassell's Machine, Inc. PY 2023 · ESOP

Strassell's Machine, Inc. Employee Stock Ownership Plan · $54K · 70 · 4th

  • SCH $54K
  • SCH 70
  • SCH 4th
  • SCH ESOP
  • SCH near C & E Services, Inc. Employee Stock Ownership Plan
  • SCH ind #308

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 →

Strassell's Machine, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Employees' Stock Ownership Plan of Chas. Lunsford Sons & AssociatesEmployees' Stock Ownership P…$57KFabricated Metals, Inc. Employee Stock Ownership PlanFabricated Metals, Inc. Empl…$57KCruise & Associates, Inc. Employee Stock Ownership PlanCruise & Associates, Inc. Em…$58KStrassell's Machine, Inc. Employee Stock Ownership PlanStrassell's Machine, Inc. Em…$54KC & E Services, Inc. Employee Stock Ownership PlanC & E Services, Inc. Employe…$52K
End-of-year total assets ($M) among Strassell's Machine, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Strassell's Machine, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Strassell's Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$52K 93.96843115752809% vs 2022
2024 filing year
$0M$0.5M$1M 202220232024 $0.86M $0.05M ▼ -94.2%
Year Plans Participants Total Assets
2022 1 N/A $864K
2023 1 70 $54K
2024 1 37 $52K

Strassell's Machine, Inc. filing trail (2023)

Total Assets (Beginning of Year)$864K
Net Assets (End of Year)-$10M
Net Income-$354K
Employer EIN341645164
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Strassell's Machine, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Strassell's Machine, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0000544 · Participants: 70Strassell's Machine, 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
Strassell's Machine, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Strassell's Machine, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest ESOP by assets is C & E Services, Inc. Employee Stock Ownership Plan in VA ($52K); by covered participants it is Amended and Restated Affinity Bank Employee Stock Ownership Plan in GA (70 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (70 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 Strassell's Machine, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Strassell's Machine, Inc. Employee Stock Ownership Plan contracted severely - down 93.7% during 2023, from $864K to $54K. Reported net income was -$354K.
How have Strassell's Machine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Strassell's Machine, Inc.'s sponsor-wide assets declined 94.0%, from $864K to $52K.
Where does Strassell's Machine, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Strassell's Machine, Inc. Employee Stock Ownership Plan ranks in the 4th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Strassell's Machine, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is C & E Services, Inc. Employee Stock Ownership Plan in VA ($52K, 19 participants).
Which ESOP plans cover a similar participant headcount to Strassell's Machine, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Amended and Restated Affinity Bank Employee Stock Ownership Plan in GA (70 participants, $9M 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 341645164.

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.