ESOP · DOL Form 5500 · 2023

Gms Holdings Inc ESOP

Data updated 2026-08-25

$42M
Total assets Below avg plan size
593
Participants Below avg headcount
84th
Percentile by assets National rank
$71,130
Avg per participant Below avg balance/head
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Official DOL plan name: Garrett Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Gms Holdings Inc · Maryland · Mining & Oil Extraction

$42M in assets, 593 participants

Gms Holdings Inc's Garrett Holdings, Inc. Employee Stock Ownership Plan reported $42M in total assets and 593 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #568 in Mining & Oil Extraction (811 peers)

Where Garrett Holdings, Inc. Employee Stock Ownership Plan sits by assets

Garrett Holdings, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $42M for 593 participants (~$71,130/participant), up 55.2% in 2023.

#568
in Mining & Oil Extraction (811 peers)
+55.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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

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

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

$42,180,000 Top 16% higher than 84% 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

Garrett Holdings, 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. Garrett Holdings, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (593 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Garrett Holdings, Inc. Employee Stock Ownership Plan reported net income rose from -$94M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Garrett Holdings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $27M in the plan year 2022 filing to $42M in the plan year 2023 filing.
  • Garrett Holdings, Inc. Employee Stock Ownership Plan reported participants fell from 690 in the plan year 2022 filing to 593 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 920339701 · Gms Holdings Inc PY 2023 · ESOP

Garrett Holdings, Inc. Employee Stock Ownership Plan · $42M · 593 · 84th

  • EOY $42M
  • EOY 593
  • EOY 84th
  • EOY ESOP
  • EOY near Seaco National Corp. Employee Stock Ownership Plan
  • EOY ind #568

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 Maryland →

Garrett Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Evergreen Trading Employee Stock Ownership PlanEvergreen Trading Employee S…$42MGenetics & Ivf Institute Employee Stock Ownership PlanGenetics & Ivf Institute Emp…$42MGarrett Holdings, Inc. Employee Stock Ownership PlanGarrett Holdings, Inc. Emplo…$42MSeaco National Corp. Employee Stock Ownership PlanSeaco National Corp. Employe…$42MS. Rothschild & Co., Inc. Employee Stock Ownership PlanS. Rothschild & Co., Inc. Em…$42M
End-of-year total assets ($M) among Garrett Holdings, 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)$27M
Net Assets (End of Year)-$67M
Net Income$20M
Employer EIN920339701
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gms Holdings Inc)

Sponsor-wide plan assets over time

All Gms Holdings Inc plans reported in each filing year

Latest sponsor-wide plan assets
$69M 153.21386052260155% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $27.2M $68.8M ▲ +153.2%
Year Plans Participants Total Assets
2022 1 690 $27M
2023 1 593 $42M
2024 1 875 $69M

Nearby ESOP Plans in Maryland

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

Garrett Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Garrett Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.04218 · Participants: 593Garrett Holdings, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.118445961 · Participants: 1617Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.406851042 · Participants: 3046Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.335744983 · Participants: 1793Kci Technologies, Inc. Employee Stock Ownership PlanBrown Capital Management ESOP, Total assets ($B): 0.320387257 · Participants: 35Brown Capital Management ESOPLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.267392826 · Participants: 5839Lockheed Martin Corporation Capital Accumulation Plan
Garrett Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
Compare Garrett Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Maryland, the nearest ESOP by assets is Seaco National Corp. Employee Stock Ownership Plan in GA ($42M); by covered participants it is Psk Operating Parent Inc. Employee Stock Ownership Plan in NY (595 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (593 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 Garrett Holdings, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Garrett Holdings, Inc. Employee Stock Ownership Plan surged - up 55.2% during 2023, from $27M to $42M. Reported net income was $20M.
How have Gms Holdings Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gms Holdings Inc's sponsor-wide assets grew 153.2%, from $27M to $69M.
Where does Garrett Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Garrett Holdings, Inc. Employee Stock Ownership Plan ranks in the 84th 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 Garrett Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Seaco National Corp. Employee Stock Ownership Plan in GA ($42M, 113 participants).
Which ESOP plans cover a similar participant headcount to Garrett Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Psk Operating Parent Inc. Employee Stock Ownership Plan in NY (595 participants, $37M 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 920339701.

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.