ESOP · DOL Form 5500 · 2023

Ensafe Inc. ESOP

Data updated 2026-08-11

$13M
Total assets
271
Participants
64th
Percentile by assets
$47,420
Avg per participant
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Official DOL plan name: Ensafe Inc. Employee Stock Ownership Plan · Sponsored by Ensafe Inc. · Tennessee · Construction

$13M in assets, 271 participants

Ensafe Inc.'s Ensafe Inc. Employee Stock Ownership Plan reported $13M in total assets and 271 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 127,072 plans)
  • #5,638 in Construction (9,030 peers)

Coverage in Tennessee

Ensafe Inc. Employee Stock Ownership Plan covers 271 participants in Tennessee, about 24% of the average Tennessee filer (state average ~1,126 per filing). Assets: $13M.

$13M
total plan assets (2023 EOY)
271
covered participants
64th
percentile by assets (of 127,072 plans)
$47,420
avg assets per participant

Where Ensafe Inc. Employee Stock Ownership Plan sits by total assets

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

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

$12,850,781 Top 36% higher than 64% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ensafe Inc. Employee Stock Ownership Plan reported net income rose from $324K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ensafe Inc. Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Ensafe Inc. Employee Stock Ownership Plan reported participants rose from 247 in the plan year 2022 filing to 271 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Tennessee
Industry
Construction

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Ensafe Inc. Employee Stock Ownership Plan reports 271 participants - about 24% of that state average ($13M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN581402235
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ensafe Inc.)

$50M$60M$70M$80M$90M 202220232024 $54.2M $81.5M ▲ +50.3%
Total plan assets by year, all Ensafe Inc. plans on file
Year Plans Participants Total Assets
2022 2 515 $54M
2023 2 602 $69M
2024 2 670 $82M

Nearby ESOP Plans in Tennessee

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

Ensafe Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -1000100200300400500 Total assets ($M) Participants Ensafe Inc. Employee…, Total assets ($M): 12.850781 · Participants: 271Ensafe Inc. Employee…Barr Brands Internat…, Total assets ($M): 426.710102 · Participants: 401Barr Brands Internat…Zander Group Holding…, Total assets ($M): 221.11771 · Participants: 190Zander Group Holding…National Health Corp…, Total assets ($M): 144.306423 · Participants: 1470National Health Corp…3ls, Inc. Employee S…, Total assets ($M): 133.506002 · Participants: 4243ls, Inc. Employee S…Smith Seckman Reid, …, Total assets ($M): 99.459001 · Participants: 483Smith Seckman Reid, …
Ensafe Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Ensafe Inc. Employee Stock Ownership Pla… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Ensafe Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Ensafe Inc. Employee Stock Ownership Plan surged - up 32.2% during 2023, from $10M to $13M. Reported net income was $3M.
How have Ensafe Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ensafe Inc.'s sponsor-wide assets grew 50.3%, from $54M to $82M.
Which ESOP plans are similar in size to Ensafe Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Thomas Rawlings Group, Inc. Employee Stock Ownership Plan in MD ($13M, 17 participants).

Next read for Ensafe Inc. Employee Stock Ownership Pla…

Filing takeaways

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

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 581402235.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.