ESOP · DOL Form 5500 · 2023

Palmer-Donavin Holdings, Inc. ESOP

Data updated 2026-08-11

$113M
Total assets: 524
Participants: 92nd
Percentile by assets: $216,486
Avg per participant

Official DOL plan name: Palmer-Donavin Employee Stock Ownership Plan · Sponsored by Palmer-Donavin Holdings, Inc. · Ohio · Wholesale Trade

$113M in assets, 524 participants

Palmer-Donavin Holdings, Inc.'s Palmer-Donavin Employee Stock Ownership Plan reported $113M in total assets and 524 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#5,904 in Wholesale Trade (6,309 peers)

Where Palmer-Donavin Employee Stock Ownership Plan sits by assets

Palmer-Donavin Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $113M for 524 participants (~$216,486/participant), down 9.0% in 2023.

$113M
total plan assets (2023 EOY): 524
covered participants: 92nd
percentile by assets (of 127,072 plans): $216,486
avg assets per participant

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Palmer-Donavin Employee Stock Ownership Plan reported net income fell from $36M in the plan year 2022 filing to -$16M in the plan year 2023 filing.
Palmer-Donavin Employee Stock Ownership Plan end-of-year assets fell from $125M in the plan year 2022 filing to $113M in the plan year 2023 filing.
Palmer-Donavin Employee Stock Ownership Plan reported participants rose from 500 in the plan year 2022 filing to 524 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Ohio

Industry

Wholesale Trade

Palmer-Donavin Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Palmer-Donavin Employee Stock Ownership Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$125M
Net Assets (End of Year)	$101M
Net Income	-$16M
Employer EIN	464454067
Plan Effective Date	2006-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Palmer-Donavin Holdings, Inc.)

Total plan assets by year, all Palmer-Donavin Holdings, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	500	$125M
2023	1	524	$113M
2024	1	613	$115M

Nearby ESOP Plans in Ohio

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

Palmer-Donavin Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $23.1B · 32,152
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust $1.7B · 1,019
Messer Inc. Employee Stock Ownership Plan $622M · 873
Great Lakes Cheese Co., Inc. Employee Stock Ownership Plan $504M · 4,110
Cleveland Steel Container Corporation Employee Stock Ownership Plan $452M · 434

Compare Palmer-Donavin Employee Stock Ownership … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Bl Companies, Inc. Employee Stock Ownership Plan (CT) $113M · 323
Lachman Consultant Services, Inc. Employee Stock Ownership Plan (NY) $114M · 35
The Plexsys Interface Products, Inc. Employee Stock Ownership Plan (WA) $114M · 183
Alterman Group, Inc. Employee Stock Ownership Plan (TX) $115M · 287

Frequently Asked Questions

How did Palmer-Donavin Employee Stock Ownership Plan assets move in 2023? ▼

Palmer-Donavin Employee Stock Ownership Plan pulled back noticeably - down 9.0% during 2023, from $125M to $113M. Reported net income was -$16M.

How have Palmer-Donavin Holdings, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Palmer-Donavin Holdings, Inc.'s sponsor-wide assets declined 8.0%, from $125M to $115M.

Where does Palmer-Donavin Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Palmer-Donavin Employee Stock Ownership Plan ranks in the 92nd 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 Palmer-Donavin Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Bl Companies, Inc. Employee Stock Ownership Plan in CT ($113M, 323 participants).

Next read for Palmer-Donavin Employee Stock Ownership …

Scale reading

Ways to act on Palmer-Donavin Employee Stock Ownership Plan's numbers.

By total assets, Palmer-Donavin 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 Ohio. Compare plans
Palmer-Donavin Holdings, Inc.'s sponsor-wide assets have declined 8.0% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 464454067.