ESOP · DOL Form 5500 · 2023

Bollman Hat Company ESOP

Data updated 2026-08-11

$22M
Total assets
182
Participants
74th
Percentile by assets
$120,647
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Bollman Hat Company Employee Stock Ownership Plan · Sponsored by Bollman Hat Company · Pennsylvania · Manufacturing

$22M in assets, 182 participants

Bollman Hat Company's Bollman Hat Company Employee Stock Ownership Plan reported $22M in total assets and 182 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 127,072 plans)
  • #12,106 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Bollman Hat Company Employee Stock Ownership Plan covers 182 participants in Pennsylvania, about 22% of the average Pennsylvania filer (state average ~822 per filing). Assets: $22M.

$22M
total plan assets (2023 EOY)
182
covered participants
74th
percentile by assets (of 127,072 plans)
$120,647
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bollman Hat Company Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Bollman Hat Company Employee Stock Ownership Plan end-of-year assets fell from $26M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Bollman Hat Company Employee Stock Ownership Plan reported participants fell from 188 in the plan year 2022 filing to 182 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Bollman Hat Company Employee Stock Ownership Plan reports 182 participants - about 22% of that state average ($22M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$18M
Net Income-$3M
Employer EIN231922616
Plan Effective Date1985-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bollman Hat Company)

$20M$25M$30M$35M$40M 202220232024 $33.8M $21.7M ▼ -35.8%
Total plan assets by year, all Bollman Hat Company plans on file
Year Plans Participants Total Assets
2022 2 425 $34M
2023 2 482 $32M
2024 2 376 $22M

Nearby ESOP Plans in Pennsylvania

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

Bollman Hat Company Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Bollman Hat Company Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Bollman Hat Company …Wawa, Inc. Employee …Bradford White Corpo…Centimark Corporatio…Sheetz, Inc. Employe…D & H Employee Stock…
Bollman Hat Company Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Bollman Hat Company Employee Stock Ownership Plan assets move in 2023?
Bollman Hat Company Employee Stock Ownership Plan pulled back noticeably - down 14.0% during 2023, from $26M to $22M. Reported net income was -$3M.
How have Bollman Hat Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Bollman Hat Company's sponsor-wide assets declined 35.8%, from $34M to $22M.
Which ESOP plans are similar in size to Bollman Hat Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ziebart International Corporation Employee Stock Ownership Plan in MI ($22M, 91 participants).

Next read for Bollman Hat Company Employee Stock Owner…

Filing takeaways

Ways to act on Bollman Hat Company Employee Stock Ownership Plan's numbers.

  • By total assets, Bollman Hat Company Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
  • Bollman Hat Company's sponsor-wide assets have declined 35.8% since 2022 across 3 plan years on file. More Manufacturing plans