ESOP · DOL Form 5500 · 2023

Griffith Company ESOP

Data updated 2026-08-11

$154M
Total assets
240
Participants
94th
Percentile by assets
$639,743
Avg per participant
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Official DOL plan name: Griffith Company Employee Stock Ownership Plan · Sponsored by Griffith Company · California · Construction

$154M in assets, 240 participants

Griffith Company's Griffith Company Employee Stock Ownership Plan reported $154M in total assets and 240 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 127,072 plans)
  • #8,326 in Construction (9,030 peers)

Coverage in California

Griffith Company Employee Stock Ownership Plan covers 240 participants in California, about 38% of the average California filer (state average ~630 per filing). Assets: $154M.

$154M
total plan assets (2023 EOY)
240
covered participants
94th
percentile by assets (of 127,072 plans)
$639,743
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Griffith Company Employee Stock Ownership Plan reported net income rose from $19M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Griffith Company Employee Stock Ownership Plan end-of-year assets rose from $119M in the plan year 2022 filing to $154M in the plan year 2023 filing.
  • Griffith Company Employee Stock Ownership Plan reported participants rose from 228 in the plan year 2022 filing to 240 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Griffith Company Employee Stock Ownership Plan reports 240 participants - about 38% of that state average ($154M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$119M
Net Assets (End of Year)$154M
Net Income$35M
Employer EIN950795590
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Griffith Company)

$120M$140M$160M$180M$200M 202220232024 $129M $188M ▲ +45.9%
Total plan assets by year, all Griffith Company plans on file
Year Plans Participants Total Assets
2022 2 414 $129M
2023 2 455 $165M
2024 2 529 $188M

Nearby ESOP Plans in California

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

Griffith Company Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Griffith Company Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Griffith Company Emp…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Agron, Inc. Employee…Recology Employee St…
Griffith Company Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Griffith Company Employee Stock Ownership Plan assets move in 2023?
Griffith Company Employee Stock Ownership Plan grew sharply - up 29.5% during 2023, from $119M to $154M. Reported net income was $35M.
How have Griffith Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Griffith Company's sponsor-wide assets grew 45.9%, from $129M to $188M.
Where does Griffith Company Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Griffith Company Employee Stock Ownership Plan ranks in the 94th 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 Griffith Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Williams Brothers Construction Co, Inc Profit Sharing & Stock Ownership Plan in TX ($154M, 1,701 participants).

Next read for Griffith Company Employee Stock Ownershi…

Filing takeaways

Ways to act on Griffith Company Employee Stock Ownership Plan's numbers.

  • By total assets, Griffith Company Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
  • Griffith Company's sponsor-wide assets have grown 45.9% since 2022 across 3 plan years on file. More Construction plans