ESOP · DOL Form 5500 · 2023

Garrison, Inc. ESOP

Data updated 2026-08-25

$31M
Total assets Below avg plan size
557
Participants Below avg headcount
80th
Percentile by assets National rank
$56,316
Avg per participant Low balance/head
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Official DOL plan name: Garrison, Inc. Employee Stock Ownership Plan · Sponsored by Garrison, Inc. · Alabama · Transportation & Warehousing

$31M in assets, 557 participants

Garrison, Inc.'s Garrison, Inc. Employee Stock Ownership Plan reported $31M in total assets and 557 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #2,642 in Transportation & Warehousing (3,362 peers)

Where Garrison, Inc. Employee Stock Ownership Plan sits by assets

Garrison, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $31M for 557 participants (~$56,316/participant), down 24.2% in 2023.

#2,642
in Transportation & Warehousing (3,362 peers)
-24.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Garrison, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$31,368,037 Top 20% higher than 80% 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

Garrison, 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. Garrison, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (557 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Garrison, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2022 filing to -$9M in the plan year 2023 filing.
  • Garrison, Inc. Employee Stock Ownership Plan reported participants rose from 351 in the plan year 2022 filing to 557 in the plan year 2023 filing.
  • Garrison, Inc. Employee Stock Ownership Plan end-of-year assets fell from $41M in the plan year 2022 filing to $31M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 843498367 · Garrison, Inc. PY 2023 · ESOP

Garrison, Inc. Employee Stock Ownership Plan · $31M · 557 · 80th

  • IND $31M
  • EOY 557
  • 5500 80th
  • ASSETS ESOP
  • PCT near Hytrol Conveyor Co., Inc. Employee Stock Ownership Plan
  • EIN ind #2642

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 Alabama →

Garrison, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Chesmar Group, Inc. Employee Stock Ownership PlanChesmar Group, Inc. Employee…$31MHac, Inc. Employee Stock Ownership PlanHac, Inc. Employee Stock Own…$31MGarrison, Inc. Employee Stock Ownership PlanGarrison, Inc. Employee Stoc…$31MHytrol Conveyor Co., Inc. Employee Stock Ownership PlanHytrol Conveyor Co., Inc. Em…$31MIroquois Paving Corporation Employee Stock Ownership PlanIroquois Paving Corporation …$31M
End-of-year total assets ($M) among Garrison, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$18M
Net Income-$9M
Employer EIN843498367
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garrison, Inc.)

Sponsor-wide plan assets over time

All Garrison, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 9.39052621702872% vs 2022
2024 filing year
$55M$60M$65M$70M 202220232024 $60.7M $66.5M ▲ +9.4%
Year Plans Participants Total Assets
2022 2 910 $61M
2023 2 1,203 $57M
2024 2 1,070 $66M

Nearby ESOP Plans in Alabama

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

Garrison, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500 0100200300400500 Total assets ($M) Participants Garrison, Inc. Employee Stock Ownership Plan, Total assets ($M): 31.368037 · Participants: 557Garrison, Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 470.48798 · Participants: 1360Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 196.496733 · Participants: 287Inline Electric Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 168.105591 · Participants: 874Radiance Technologies, Inc. Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 167.814551 · Participants: 123Signature Homes Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub, Total assets ($M): 126.850762 · Participants: 909Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub
Garrison, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Garrison, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest ESOP by assets is Hytrol Conveyor Co., Inc. Employee Stock Ownership Plan in AR ($31M); by covered participants it is Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan in IN (558 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (557 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 Garrison, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Garrison, Inc. Employee Stock Ownership Plan declined sharply - down 24.2% during 2023, from $41M to $31M. Reported net income was -$9M.
How have Garrison, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Garrison, Inc.'s sponsor-wide assets grew 9.4%, from $61M to $66M.
Where does Garrison, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Garrison, Inc. Employee Stock Ownership Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Garrison, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hytrol Conveyor Co., Inc. Employee Stock Ownership Plan in AR ($31M, 1,570 participants).
Which ESOP plans cover a similar participant headcount to Garrison, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan in IN (558 participants, $135M 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 843498367.

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.