ESOP · DOL Form 5500 · 2023

Gt Distributors, Inc. ESOP

Data updated 2026-08-11

$14M
Total assets
124
Participants
66th
Percentile by assets
$113,726
Avg per participant
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Official DOL plan name: Gt Distributors, Inc. Employee Stock Ownership Plan · Sponsored by Gt Distributors, Inc. · Texas · Wholesale Trade

$14M in assets, 124 participants

Gt Distributors, Inc.'s Gt Distributors, Inc. Employee Stock Ownership Plan reported $14M in total assets and 124 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 127,072 plans)
  • #3,769 in Wholesale Trade (6,309 peers)

Coverage in Texas

Gt Distributors, Inc. Employee Stock Ownership Plan covers 124 participants in Texas, about 18% of the average Texas filer (state average ~688 per filing). Assets: $14M.

$14M
total plan assets (2023 EOY)
124
covered participants
66th
percentile by assets (of 127,072 plans)
$113,726
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gt Distributors, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Gt Distributors, Inc. Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Gt Distributors, Inc. Employee Stock Ownership Plan reported participants rose from 118 in the plan year 2022 filing to 124 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Gt Distributors, Inc. Employee Stock Ownership Plan reports 124 participants - about 18% of that state average ($14M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income$6M
Employer EIN742339528
Plan Effective Date2016-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gt Distributors, Inc.)

$8M$10M$12M$14M$16M$18M 202220232024 $15.5M $10.5M ▼ -32.7%
Total plan assets by year, all Gt Distributors, Inc. plans on file
Year Plans Participants Total Assets
2022 2 233 $16M
2023 1 124 $14M
2024 1 133 $10M

Nearby ESOP Plans in Texas

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

Gt Distributors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Gt Distributors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -50510152025 Total assets ($B) Participants Gt Distributors, Inc…Sammons Enterprises,…Highland Homes Emplo…Austin Industries Em…Cactus Feeders, Inc.…Lja Engineering, Inc…
Gt Distributors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Gt Distributors, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Gt Distributors, Inc. Employee Stock Ownership Plan assets move in 2023?
Gt Distributors, Inc. Employee Stock Ownership Plan surged - up 34.2% during 2023, from $11M to $14M. Reported net income was $6M.
How have Gt Distributors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gt Distributors, Inc.'s sponsor-wide assets declined 32.7%, from $16M to $10M.
Which ESOP plans are similar in size to Gt Distributors, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Materials Processing, Inc. Employee Stock Ownership Plan in IN ($14M, 271 participants).

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Filing takeaways

Ways to act on Gt Distributors, Inc. Employee Stock Ownership Plan's numbers.