ESOP · DOL Form 5500 · 2023

Bulab Holdings, Inc. ESOP

Data updated 2026-08-11

$75M
Total assets
405
Participants
89th
Percentile by assets
$184,795
Avg per participant
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Official DOL plan name: Bulab Employee Stock Ownership Plan · Sponsored by Bulab Holdings, Inc. · Tennessee · Manufacturing

$75M in assets, 405 participants

Bulab Holdings, Inc.'s Bulab Employee Stock Ownership Plan reported $75M in total assets and 405 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #15,719 in Manufacturing (18,722 peers)

Coverage in Tennessee

Bulab Employee Stock Ownership Plan covers 405 participants in Tennessee, about 36% of the average Tennessee filer (state average ~1,126 per filing). Assets: $75M.

$75M
total plan assets (2023 EOY)
405
covered participants
89th
percentile by assets (of 127,072 plans)
$184,795
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bulab Employee Stock Ownership Plan reported net income rose from -$10M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Bulab Employee Stock Ownership Plan end-of-year assets rose from $66M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Bulab Employee Stock Ownership Plan reported participants fell from 413 in the plan year 2022 filing to 405 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Bulab Employee Stock Ownership Plan reports 405 participants - about 36% of that state average ($75M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$75M
Net Income$9M
Employer EIN620438397
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bulab Holdings, Inc.)

$220M$230M$240M$250M$260M$270M 202220232024 $232M $261M ▲ +12.5%
Total plan assets by year, all Bulab Holdings, Inc. plans on file
Year Plans Participants Total Assets
2022 2 925 $232M
2023 2 902 $259M
2024 2 822 $261M

Nearby ESOP Plans in Tennessee

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

Bulab Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Bulab Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0100200300400500 Total assets ($M) Participants Bulab Employee Stock…Barr Brands Internat…Zander Group Holding…National Health Corp…3ls, Inc. Employee S…Smith Seckman Reid, …
Bulab Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Bulab Employee Stock Ownership Plan assets move in 2023?
Bulab Employee Stock Ownership Plan grew at a solid clip - up 13.0% during 2023, from $66M to $75M. Reported net income was $9M.
How have Bulab Holdings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bulab Holdings, Inc.'s sponsor-wide assets grew 12.5%, from $232M to $261M.
Where does Bulab Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Bulab Employee Stock Ownership Plan ranks in the 89th 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 Bulab Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Hall Contracting of Kentucky, Inc. Employee Stock Ownership Plan in KY ($75M, 160 participants).

Next read for Bulab Employee Stock Ownership Plan

Filing takeaways

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

  • By total assets, Bulab Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
  • Bulab Holdings, Inc.'s sponsor-wide assets have grown 12.5% since 2022 across 3 plan years on file. More Manufacturing plans