ESOP · DOL Form 5500 · 2023

Evapco, Inc. ESOP

Data updated 2026-08-11

$1.1B
Total assets: 1,617
Participants: 99th
Percentile by assets: $691,680
Avg per participant

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.

99th percentile by assets (of 127,072 plans)
#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.

$1.1B
total plan assets (2023 EOY): 1,617
covered participants: 99th
percentile by assets (of 127,072 plans): $691,680
avg assets per participant

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 →

State

Maryland

Industry

Manufacturing

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

By assets, Evapco, Inc. Employee Stock Ownership Plan outranks 99% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 11x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$876M
Net Assets (End of Year)	$1.1B
Net Income	$242M
Employer EIN	521059673
Plan Effective Date	1984-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Evapco, Inc.)

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

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

Westat, Inc. Employee Stock Ownership Plan $407M · 3,046
Kci Technologies, Inc. Employee Stock Ownership Plan $336M · 1,793
Brown Capital Management ESOP $320M · 35
Lockheed Martin Corporation Capital Accumulation Plan $267M · 5,839
Ea Engineering, Science, and Technology, Inc., Pbc Employee Stock Ownership Plan $123M · 566

Compare Evapco, Inc. Employee Stock Ownership Pl… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Rosendin Electric, Inc. Employee Stock Ownership Plan (CA) $1.1B · 1,700
The Bank of America Transferred Savings Account Plan (RI) $1.1B · 4,647
The Sundt Companies Employee Stock Ownership Plan (AZ) $1.1B · 2,392
Border States Industries, Inc. Employee Stock Ownership Plan (ND) $1.2B · 2,973

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).

Next read for Evapco, Inc. Employee Stock Ownership Pl…

Scale reading

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

By total assets, Evapco, Inc. Employee Stock Ownership Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Maryland. Compare plans
Evapco, Inc.'s sponsor-wide assets have grown 30.5% since 2022 across 3 plan years on file. More Manufacturing 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 521059673.