ESOP · DOL Form 5500 · 2023

Evapco, Inc. ESOP

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
1,617
Participants Near avg headcount
99th
Percentile by assets National rank
$691,680
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Evapco, Inc. Employee Stock Ownership Plan · Sponsored by Evapco, Inc. · Maryland · Manufacturing

$1.1B in assets, 1,617 participants

Evapco, Inc.'s Evapco, Inc. Employee Stock Ownership Plan reported $1.1B in total assets and 1,617 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #18,308 in Manufacturing (18,722 peers)

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

Evapco, Inc. Employee Stock Ownership Plan sits among the largest 1% of all filed plans, $1.1B for 1,617 participants (~$691,680/participant), up 27.6% in 2023.

#18,308
in Manufacturing (18,722 peers)
+27.6%
assets growth YoY
11×
vs typical plan assets (national mean)

Evapco, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$1,118,445,961 Top 1% higher than 99% 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

Evapco, Inc. Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Evapco, Inc. Employee Stock Ownership Plan lands in the large band (1,617 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Evapco, Inc. Employee Stock Ownership Plan reported net income rose from $92M in the plan year 2022 filing to $242M in the plan year 2023 filing.
  • Evapco, Inc. Employee Stock Ownership Plan end-of-year assets rose from $876M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Evapco, Inc. Employee Stock Ownership Plan reported participants rose from 1,522 in the plan year 2022 filing to 1,617 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 521059673 · Evapco, Inc. PY 2023 · ESOP

Evapco, Inc. Employee Stock Ownership Plan · $1.1B · 1,617 · 99th

  • PCT $1.1B
  • EIN 1,617
  • RANK 99th
  • PHOTO ESOP
  • IND near Rosendin Electric, Inc. Employee Stock Ownership Plan
  • EOY ind #18308

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 Maryland →

Evapco, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Border States Industries, Inc. Employee Stock Ownership PlanBorder States Industries, In…$1.2BRosendin Electric, Inc. Employee Stock Ownership PlanRosendin Electric, Inc. Empl…$1.1BEvapco, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock …$1.1BThe Bank of America Transferred Savings Account PlanThe Bank of America Transfer…$1.1BThe Sundt Companies Employee Stock Ownership PlanThe Sundt Companies Employee…$1.1B
End-of-year total assets ($B) among Evapco, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$876M
Net Assets (End of Year)$1.1B
Net Income$242M
Employer EIN521059673
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Evapco, Inc.)

Sponsor-wide plan assets over time

All Evapco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 30.47066154529262% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.88B $1.15B ▲ +30.7%
Year Plans Participants Total Assets
2022 2 3,054 $883M
2023 2 3,312 $1.1B
2024 2 3,708 $1.2B

Nearby ESOP Plans in Maryland

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

Evapco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants Evapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.118445961 · Participants: 1617Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.406851042 · Participants: 3046Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.335744983 · Participants: 1793Kci Technologies, Inc. Employee Stock Ownership PlanBrown Capital Management ESOP, Total assets ($B): 0.320387257 · Participants: 35Brown Capital Management ESOPLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.267392826 · Participants: 5839Lockheed Martin Corporation Capital Accumulation PlanEa Engineering, Science, and Technology, Inc., Pbc Employee Stock Ownership Plan, Total assets ($B): 0.122990931 · Participants: 566Ea Engineering, Science, and Technology, Inc., Pbc Employee Stock Ownership Plan
Evapco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest ESOP by assets is Rosendin Electric, Inc. Employee Stock Ownership Plan in CA ($1.1B); by covered participants it is State Bankshares Employee Stock Ownership Plan and Trust in ND (1,617 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,617 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 Evapco, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Evapco, Inc. Employee Stock Ownership Plan grew sharply - up 27.6% during 2023, from $876M to $1.1B. Reported net income was $242M.
How have Evapco, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Evapco, Inc.'s sponsor-wide assets grew 30.5%, from $883M to $1.2B.
Where does Evapco, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Evapco, Inc. Employee Stock Ownership Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which ESOP plans are similar in size to Evapco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Rosendin Electric, Inc. Employee Stock Ownership Plan in CA ($1.1B, 1,700 participants).
Which ESOP plans cover a similar participant headcount to Evapco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is State Bankshares Employee Stock Ownership Plan and Trust in ND (1,617 participants, $76M in assets).