ESOP · DOL Form 5500 · 2023
Granco Clark, Inc. ESOP
Data updated 2026-08-11
- $12M
- Total assets
- 91
- Participants
- 62nd
- Percentile by assets
- $127,699
- Avg per participant
Official DOL plan name: Granco Clark Employee Stock Ownership Plan · Sponsored by Granco Clark, Inc. · Michigan · Manufacturing
$12M in assets, 91 participants
Granco Clark, Inc.'s Granco Clark Employee Stock Ownership Plan reported $12M in total assets and 91 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.
- 62nd percentile by assets (of 127,072 plans)
- #9,142 in Manufacturing (18,722 peers)
2023 asset change
Granco Clark Employee Stock Ownership Plan grew at a solid clip 10.7% in 2023 ($11M → $12M) for 91 participants.
- $12M
- total plan assets (2023 EOY)
- 91
- covered participants
- 62nd
- percentile by assets (of 127,072 plans)
- $127,699
- avg assets per participant
Where Granco Clark Employee Stock Ownership Plan sits by total assets
Granco Clark Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$11,620,652 Top 38% higher than 62% of 127,068 filed plans
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
- Granco Clark Employee Stock Ownership Plan reported net income rose from -$587K in the plan year 2022 filing to $727K in the plan year 2023 filing.
- Granco Clark Employee Stock Ownership Plan reported participants fell from 125 in the plan year 2022 filing to 91 in the plan year 2023 filing.
- Granco Clark Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
2023 asset move for Granco Clark Employee Stock Ownership Plan
Year over year, total assets grew at a solid clip from $11M at the start of 2023 to $12M at year-end (up 10.7%). Net assets closed at $9M; reported net income $727K.
Granco Clark, Inc. years around the 2023 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 252 | $17M |
| 2023 | 2 | 218 | $18M |
| 2024 | 2 | 212 | $18M |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | $727K |
| Employer EIN | 382389546 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Granco Clark Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Granco Clark Employee Stock Ownership Plan assets move in 2023? ▼
How have Granco Clark, Inc. plan assets changed over time? ▼
Which ESOP plans are similar in size to Granco Clark Employee Stock Ownership Plan? ▼
Next read for Granco Clark Employee Stock Ownership Pl…
2023 change
Ways to act on Granco Clark Employee Stock Ownership Plan's numbers.
- By total assets, Granco Clark 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 Michigan. Compare plans
- Granco Clark, Inc.'s sponsor-wide assets have grown 5.9% since 2022 across 3 plan years on file. More Manufacturing plans