ESOP · DOL Form 5500 · 2023

Desman, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
76
Participants Small participant base
45th
Percentile by assets National rank
$67,458
Avg per participant Below avg balance/head
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Official DOL plan name: Desman, Inc. Employee Stock Ownership Plan · Sponsored by Desman, Inc. · New York · Professional & Technical Services

$5M in assets, 76 participants

Desman, Inc.'s Desman, Inc. Employee Stock Ownership Plan reported $5M in total assets and 76 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #8,678 in Professional & Technical Services (20,321 peers)

What the 2023 filing shows

Desman, Inc. Employee Stock Ownership Plan holds $5M for 76 participants - about $67,458 per participant, in the lower half of filed plans by assets.

#8,678
in Professional & Technical Services (20,321 peers)
+6.2%
assets growth YoY

Desman, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$5,126,787 45th percentile higher than 45% 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

Desman, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Desman, Inc. Employee Stock Ownership Plan is a small filing (76 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Desman, Inc. Employee Stock Ownership Plan reported net income rose from -$253K in the plan year 2022 filing to $302K in the plan year 2023 filing.
  • Desman, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 112709775 · Desman, Inc. PY 2023 · ESOP

Desman, Inc. Employee Stock Ownership Plan · $5M · 76 · 45th

  • VS-ST $5M
  • VS-ST 76
  • VS-ST 45th
  • VS-ST ESOP
  • VS-ST near Sb Financial Group Employee Stock Ownership Plan
  • VS-ST ind #8678

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 New York →

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

Desman, Inc. Employee Stock Ownership PlanDesman, Inc. Employee Stock …$5MEagle Precision Cast Parts, Inc. Employee Stock Ownership PlanEagle Precision Cast Parts, …$5MSb Financial Group Employee Stock Ownership PlanSb Financial Group Employee …$5MSmith Companies of Lexington, Inc. Employee Stock Ownership PlanSmith Companies of Lexington…$5MArk Pharmacies, Inc. Employee Stock Ownership PlanArk Pharmacies, Inc. Employe…$5M
End-of-year total assets ($M) among Desman, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$302K
Employer EIN112709775
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Desman, Inc.)

Sponsor-wide plan assets over time

All Desman, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 8.647038490136866% vs 2022
2024 filing year
$4.6M$4.8M$5M$5.2M$5.4M 202220232024 $4.83M $5.24M ▲ +8.5%
Year Plans Participants Total Assets
2022 1 76 $5M
2023 1 76 $5M
2024 1 78 $5M

Nearby ESOP Plans in New York

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

Desman, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants Desman, Inc. Employee Stock Ownership Plan, Total assets ($M): 5.126787 · Participants: 76Desman, Inc. Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 876.57583 · Participants: 3439Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 406.002646 · Participants: 4467North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 298.738533 · Participants: 3674Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.681611 · Participants: 1704Greenman-Pedersen, Inc. Employee Stock Ownership PlanH.C. Wainwright & Co. Employee Stock Ownership Plan, Total assets ($M): 241.736533 · Participants: 93H.C. Wainwright & Co. Employee Stock Ownership Plan
Desman, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

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

Outside New York, the nearest ESOP by assets is Sb Financial Group Employee Stock Ownership Plan in OH ($5M); by covered participants it is Mifflinburg Bank and Trust Company Employee Stock Ownership Plan in PA (76 participants). Same-state nearby plans are listed separately above.

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 Desman, Inc. Employee Stock Ownership Plan assets move in 2023?
Desman, Inc. Employee Stock Ownership Plan grew at a solid clip - up 6.2% during 2023, from $5M to $5M. Reported net income was $302K.
How have Desman, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Desman, Inc.'s sponsor-wide assets grew 8.6%, from $5M to $5M.
Which ESOP plans are similar in size to Desman, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Sb Financial Group Employee Stock Ownership Plan in OH ($5M, 271 participants).
Which ESOP plans cover a similar participant headcount to Desman, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Mifflinburg Bank and Trust Company Employee Stock Ownership Plan in PA (76 participants, $3M in assets).