ESOP · DOL Form 5500 · 2023

Engineered Seal Products, Inc. ESOP

Data updated 2026-08-25

$27M
Total assets Below avg plan size
149
Participants Small participant base
78th
Percentile by assets National rank
$182,402
Avg per participant Above avg balance/head
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Official DOL plan name: Engineered Seal Products, Inc. Employee Stock Ownership Plan · Sponsored by Engineered Seal Products, Inc. · Iowa · Manufacturing

$27M in assets, 149 participants

Engineered Seal Products, Inc.'s Engineered Seal Products, Inc. Employee Stock Ownership Plan reported $27M in total assets and 149 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,940 in Manufacturing (18,722 peers)

Coverage in Iowa

Engineered Seal Products, Inc. Employee Stock Ownership Plan covers 149 participants in Iowa, about 24% of the average Iowa filer (state average ~609 per filing). Assets: $27M.

#12,940
in Manufacturing (18,722 peers)
+23.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Engineered Seal Products, Inc. Employee Stock Ownership Plan's outsized position by total assets

Engineered Seal Products, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$27,177,923 Top 22% higher than 78% 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

Engineered Seal Products, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Engineered Seal Products, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (149 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Engineered Seal Products, Inc. Employee Stock Ownership Plan reported net income rose from -$826K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Engineered Seal Products, Inc. Employee Stock Ownership Plan reported participants rose from 114 in the plan year 2022 filing to 149 in the plan year 2023 filing.
  • Engineered Seal Products, Inc. Employee Stock Ownership Plan end-of-year assets rose from $22M in the plan year 2022 filing to $27M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 420993797 · Engineered Seal Products, Inc. PY 2023 · ESOP

Engineered Seal Products, Inc. Employee Stock Ownership Plan · $27M · 149 · 78th

  • SCH $27M
  • EBSA 149
  • PART 78th
  • TYPE ESOP
  • NET near Hfa Enterprises Employee Stock Ownership Plan
  • BOOK ind #12940

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 Iowa →

Engineered Seal Products, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Modjeski and Masters Inc. Employee Stock Ownership PlanModjeski and Masters Inc. Em…$27MWoodsman ESOP$27MSouthern Tier Insulation Employee Stock Ownership PlanSouthern Tier Insulation Emp…$27MEngineered Seal Products, Inc. Employee Stock Ownership PlanEngineered Seal Products, In…$27MHfa Enterprises Employee Stock Ownership PlanHfa Enterprises Employee Sto…$27M
End-of-year total assets ($M) among Engineered Seal Products, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$21M
Net Income$5M
Employer EIN420993797
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Engineered Seal Products, Inc.)

Sponsor-wide plan assets over time

All Engineered Seal Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 19.330547590704732% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $29.2M $34.9M ▲ +19.3%
Year Plans Participants Total Assets
2022 2 295 $29M
2023 2 374 $35M
2024 2 398 $35M

Nearby ESOP Plans in Iowa

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

Engineered Seal Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Engineered Seal Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 27.177923 · Participants: 149Engineered Seal Products, Inc. Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership Plan
Engineered Seal Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Engineered Seal Products, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest ESOP by assets is Hfa Enterprises Employee Stock Ownership Plan in AR ($27M); by covered participants it is Invision Communications, Inc. Employee Stock Ownership Plan in CA (149 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (149 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 Engineered Seal Products, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Engineered Seal Products, Inc. Employee Stock Ownership Plan grew sharply - up 23.0% during 2023, from $22M to $27M. Reported net income was $5M.
How have Engineered Seal Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Engineered Seal Products, Inc.'s sponsor-wide assets grew 19.3%, from $29M to $35M.
Where does Engineered Seal Products, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Engineered Seal Products, Inc. Employee Stock Ownership Plan ranks in the 78th 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 Engineered Seal Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hfa Enterprises Employee Stock Ownership Plan in AR ($27M, 360 participants).
Which ESOP plans cover a similar participant headcount to Engineered Seal Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Invision Communications, Inc. Employee Stock Ownership Plan in CA (149 participants, $28M 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 420993797.

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.