ESOP · DOL Form 5500 · 2023

Gray, Inc. ESOP

Data updated 2026-08-25

$127M
Total assets Near avg plan size
1,362
Participants Near avg headcount
93rd
Percentile by assets National rank
$92,896
Avg per participant Below avg balance/head
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Official DOL plan name: Gray, Inc. Employee Stock Ownership Plan · Sponsored by Gray, Inc. · Kentucky · Construction

$127M in assets, 1,362 participants

Gray, Inc.'s Gray, Inc. Employee Stock Ownership Plan reported $127M in total assets and 1,362 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #8,234 in Construction (9,030 peers)

Coverage in Kentucky

Gray, Inc. Employee Stock Ownership Plan covers 1,362 participants in Kentucky, 2.1x the typical Kentucky plan (state average ~647 per filing). Assets: $127M.

#8,234
in Construction (9,030 peers)
+11.8%
assets growth YoY
1.3×
vs typical plan assets (national mean)

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

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

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

$126,524,729 Top 7% higher than 93% 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

Gray, 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. Gray, Inc. Employee Stock Ownership Plan lands in the large band (1,362 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gray, Inc. Employee Stock Ownership Plan reported net income fell from $17M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Gray, Inc. Employee Stock Ownership Plan end-of-year assets rose from $113M in the plan year 2022 filing to $127M in the plan year 2023 filing.
  • Gray, Inc. Employee Stock Ownership Plan reported participants rose from 1,269 in the plan year 2022 filing to 1,362 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 610990547 · Gray, Inc. PY 2023 · ESOP

Gray, Inc. Employee Stock Ownership Plan · $127M · 1,362 · 93rd

  • RANK $127M
  • PHOTO 1,362
  • IND 93rd
  • EOY ESOP
  • 5500 near Gulf Coast Bank & Trust Company Employee Stock Ownership Plan
  • ASSETS ind #8234

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 Kentucky →

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

Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and SubEmployee Stock Ownership Pla…$127MGray, Inc. Employee Stock Ownership PlanGray, Inc. Employee Stock Ow…$127MGulf Coast Bank & Trust Company Employee Stock Ownership PlanGulf Coast Bank & Trust Comp…$126MPolyguard Products, Inc. Employee Stock Ownership PlanPolyguard Products, Inc. Emp…$126MRincon Research Corporation Money Purchase Pension PlanRincon Research Corporation …$125M
End-of-year total assets ($M) among Gray, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$113M
Net Assets (End of Year)$127M
Net Income$13M
Employer EIN610990547
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gray, Inc.)

Sponsor-wide plan assets over time

All Gray, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$177M 56.72085070095299% vs 2022
2024 filing year
$100M$120M$140M$160M$180M$200M 202220232024 $113M $177M ▲ +56.7%
Year Plans Participants Total Assets
2022 1 1,269 $113M
2023 1 1,362 $127M
2024 1 1,534 $177M

Nearby ESOP Plans in Kentucky

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

Gray, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. 02000400060008000 -0.500.511.522.5 Total assets ($B) Participants Gray, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.126524729 · Participants: 1362Gray, Inc. Employee Stock Ownership PlanHouchens Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.325722921 · Participants: 6764Houchens Industries, Inc. Employee Stock Ownership PlanStock Yards Bank & Trust Company 401(k) Employee, Total assets ($B): 0.14680249 · Participants: 1080Stock Yards Bank & Trust Company 401(k) EmployeeH & R Agri-Power Employee Stock Ownership Plan, Total assets ($B): 0.104682343 · Participants: 489H & R Agri-Power Employee Stock Ownership PlanKentuckiana Comfort Center, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.094072192 · Participants: 650Kentuckiana Comfort Center, Inc. Employee Stock Ownership PlanP.L. Marketing, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.093095278 · Participants: 1226P.L. Marketing, Inc. Employee Stock Ownership Plan
Gray, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants
Compare Gray, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Kentucky, the nearest ESOP by assets is Gulf Coast Bank & Trust Company Employee Stock Ownership Plan in LA ($126M); by covered participants it is Starfish Holdings, Inc. Employee Stock Ownership Plan in AL (1,360 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,362 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 Gray, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Gray, Inc. Employee Stock Ownership Plan grew at a solid clip - up 11.8% during 2023, from $113M to $127M. Reported net income was $13M.
How have Gray, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gray, Inc.'s sponsor-wide assets grew 56.7%, from $113M to $177M.
Where does Gray, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Gray, Inc. Employee Stock Ownership Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Gray, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Gulf Coast Bank & Trust Company Employee Stock Ownership Plan in LA ($126M, 820 participants).
Which ESOP plans cover a similar participant headcount to Gray, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Starfish Holdings, Inc. Employee Stock Ownership Plan in AL (1,360 participants, $470M 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 610990547.

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.