ESOP · DOL Form 5500 · 2023

Forjak Industrial, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
67
Participants Small participant base
36th
Percentile by assets National rank
$45,168
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Forjak Employee Stock Ownership Plan · Sponsored by Forjak Industrial, Inc. · Ohio · Construction

$3M in assets, 67 participants

Forjak Industrial, Inc.'s Forjak Employee Stock Ownership Plan reported $3M in total assets and 67 participants in its 2023 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,043 in Construction (9,030 peers)

2023 asset change

Forjak Employee Stock Ownership Plan contracted severely 87.5% in 2023 ($24M → $3M) for 67 participants.

#3,043
in Construction (9,030 peers)
-87.5%
assets change YoY

The plan reported a net loss of $21M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Forjak Employee Stock Ownership Plan vs every filed plan by assets

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

$3,026,273 36th percentile higher than 36% 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

Forjak 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. Forjak Employee Stock Ownership Plan is a small filing (67 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 272611716 · Forjak Industrial, Inc. PY 2023 · ESOP

Forjak Employee Stock Ownership Plan · $3M · 67 · 36th

  • BOY $3M
  • BOY 67
  • BOY 36th
  • BOY ESOP
  • BOY near Industrial Engineering Company Employee Stock Ownership Plan
  • BOY ind #3043

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 Ohio →

Forjak Employee Stock Ownership Plan in the asset neighbourhood

Forjak Employee Stock Ownership PlanForjak Employee Stock Owners…$3MIndustrial Engineering Company Employee Stock Ownership PlanIndustrial Engineering Compa…$3MAmpam Parks Mechanical, Inc. Profit Sharing PlanAmpam Parks Mechanical, Inc.…$3MStrand Products Employee Stock Ownership Plan and TrustStrand Products Employee Sto…$3MMoore Erection, L.P. Employee Stock Ownership Plan and TrustMoore Erection, L.P. Employe…$3M
End-of-year total assets ($M) among Forjak Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

2023 asset-move particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)-$20M
Net Income-$21M
Employer EIN272611716
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Forjak Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Forjak Employee Stock Ownership Plan, Total assets ($B): 0.003026273 · Participants: 67Forjak Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Forjak Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Forjak Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest ESOP by assets is Industrial Engineering Company Employee Stock Ownership Plan in NE ($3M); by covered participants it is The Transit Group, Inc. Employee Stock Ownership Plan in FL (67 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (67 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 Forjak Employee Stock Ownership Plan assets move in 2023? ▼
Forjak Employee Stock Ownership Plan contracted severely - down 87.5% during 2023, from $24M to $3M. Reported net income was -$21M.
Which ESOP plans are similar in size to Forjak Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Industrial Engineering Company Employee Stock Ownership Plan in NE ($3M, 19 participants).
Which ESOP plans cover a similar participant headcount to Forjak Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Transit Group, Inc. Employee Stock Ownership Plan in FL (67 participants, N/A 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 272611716.

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.