ESOP · DOL Form 5500 · 2023

Gray, Inc. ESOP

Data updated 2026-08-11

$127M
Total assets
1,362
Participants
93rd
Percentile by assets
$92,896
Avg per participant
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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.

  • 93rd percentile by assets (of 127,072 plans)
  • #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.

$127M
total plan assets (2023 EOY)
1,362
covered participants
93rd
percentile by assets (of 127,072 plans)
$92,896
avg assets per participant

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 →

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Gray, Inc. Employee Stock Ownership Plan reports 1,362 participants - 2.1x that state average ($127M EOY assets).

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.)

$100M$120M$140M$160M$180M$200M 202220232024 $113M $177M ▲ +56.7%
Total plan assets by year, all Gray, Inc. plans on file
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

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 …Houchens Industries,…Stock Yards Bank & T…H & R Agri-Power Emp…Kentuckiana Comfort …P.L. Marketing, Inc.…
Gray, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

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).

Next read for Gray, Inc. Employee Stock Ownership Plan

Filing takeaways

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