ESOP · DOL Form 5500 · 2023

Ensafe Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
271
Participants Below avg headcount
64th
Percentile by assets National rank
$47,420
Avg per participant Low balance/head
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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.

  • #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.

#5,638
in Construction (9,030 peers)
+32.2%
assets growth YoY

Ensafe Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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 $2,050,000,000 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

Ensafe Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ensafe Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (271 participants).

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 →

Form 5500 schedule snapshot

Filing strip 581402235 · Ensafe Inc. PY 2023 · ESOP

Ensafe Inc. Employee Stock Ownership Plan · $13M · 271 · 64th

  • VS-ST $13M
  • BOY 271
  • SCH 64th
  • EBSA ESOP
  • PART near Thomas Rawlings Group, Inc. Employee Stock Ownership Plan
  • TYPE ind #5638

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 Tennessee →

Ensafe Inc. Employee Stock Ownership Plan in the asset neighbourhood

Api Group, Inc. Employee Stock Ownership PlanApi Group, Inc. Employee Sto…$13MNorth Country Business Products Associate Stock Ownership PlanNorth Country Business Produ…$13MEt Environmental Employee Stock Ownership PlanEt Environmental Employee St…$13MThomas Rawlings Group, Inc. Employee Stock Ownership PlanThomas Rawlings Group, Inc. …$13MEnsafe Inc. Employee Stock Ownership PlanEnsafe Inc. Employee Stock O…$13M
End-of-year total assets ($M) among Ensafe Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Ensafe Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 50.28638601289109% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $54.2M $81.5M ▲ +50.3%
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 ($M) Participants Ensafe Inc. Employee Stock Ownership Plan, Total assets ($M): 12.850781 · Participants: 271Ensafe Inc. Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 426.710102 · Participants: 401Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 221.11771 · Participants: 190Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 144.306423 · Participants: 1470National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 133.506002 · Participants: 4243ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.459001 · Participants: 483Smith Seckman Reid, Inc. Employee Stock Ownership Plan
Ensafe Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Ensafe Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest ESOP by assets is Thomas Rawlings Group, Inc. Employee Stock Ownership Plan in MD ($13M); by covered participants it is Sb Financial Group Employee Stock Ownership Plan in OH (271 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (271 participants); asset peers above are excluded.

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 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).
Which ESOP plans cover a similar participant headcount to Ensafe Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sb Financial Group Employee Stock Ownership Plan in OH (271 participants, $5M in assets).

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.