ESOP · DOL Form 5500 · 2023

Glasfloss Industries, Inc. ESOP

Data updated 2026-08-25

$23M
Total assets Small plan by assets
737
Participants Near avg headcount
75th
Percentile by assets National rank
$31,467
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Glasfloss Industries, Inc. Employee Stock Ownership Plan · Sponsored by Glasfloss Industries, Inc. · Texas · Manufacturing

$23M in assets, 737 participants

Glasfloss Industries, Inc.'s Glasfloss Industries, Inc. Employee Stock Ownership Plan reported $23M in total assets and 737 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #12,319 in Manufacturing (18,722 peers)

Where Glasfloss Industries, Inc. Employee Stock Ownership Plan sits by assets

Glasfloss Industries, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $23M for 737 participants (~$31,467/participant), up 148.1% in 2023.

#12,319
in Manufacturing (18,722 peers)
+148.1%
assets growth YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $60M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$23,191,081 Top 25% higher than 75% 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

Glasfloss Industries, 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. Glasfloss Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (737 participants).

Form 5500 schedule snapshot

Filing strip 750942338 · Glasfloss Industries, Inc. PY 2023 · ESOP

Glasfloss Industries, Inc. Employee Stock Ownership Plan · $23M · 737 · 75th

  • IND $23M
  • EOY 737
  • 5500 75th
  • ASSETS ESOP
  • PCT near Hallam Associates, Inc. Employee Stock Ownership Plan and Trust
  • EIN ind #12319

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 Texas →

Glasfloss Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Gutchess Lumber Employee Stock Ownership PlanGutchess Lumber Employee Sto…$23MHallam Associates, Inc. Employee Stock Ownership Plan and TrustHallam Associates, Inc. Empl…$23MGlasfloss Industries, Inc. Employee Stock Ownership PlanGlasfloss Industries, Inc. E…$23MMedler Electric Company Employee Stock Ownership Plan and TrustMedler Electric Company Empl…$23MKemron Environmental Services, Inc. Employee Stock Ownership PlanKemron Environmental Service…$23M
End-of-year total assets ($M) among Glasfloss Industries, 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)$9M
Net Assets (End of Year)-$51M
Net Income-$60M
Employer EIN750942338
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glasfloss Industries, Inc.)

Sponsor-wide plan assets over time

All Glasfloss Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$108M 474.9465834123016% vs 2022
2024 filing year
$0M$50M$100M$150M 202220232024 $18.8M $108M ▲ +474.8%
Year Plans Participants Total Assets
2022 1 766 $19M
2023 2 1,551 $46M
2024 2 1,626 $108M

Nearby ESOP Plans in Texas

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

Glasfloss Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -50510152025 Total assets ($B) Participants Glasfloss Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.023191081 · Participants: 737Glasfloss Industries, Inc. Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
Glasfloss Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Glasfloss Industries, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Texas, the nearest ESOP by assets is Hallam Associates, Inc. Employee Stock Ownership Plan and Trust in VT ($23M); by covered participants it is United Production Framing, Inc. Employee Stock Ownership Plan in CA (734 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (737 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 Glasfloss Industries, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Glasfloss Industries, Inc. Employee Stock Ownership Plan surged - up 148.1% during 2023, from $9M to $23M. Reported net income was -$60M.
How have Glasfloss Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Glasfloss Industries, Inc.'s sponsor-wide assets grew 474.9%, from $19M to $108M.
Where does Glasfloss Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Glasfloss Industries, Inc. Employee Stock Ownership Plan ranks in the 75th 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 Glasfloss Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hallam Associates, Inc. Employee Stock Ownership Plan and Trust in VT ($23M, 134 participants).
Which ESOP plans cover a similar participant headcount to Glasfloss Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is United Production Framing, Inc. Employee Stock Ownership Plan in CA (734 participants, $79M 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 750942338.

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.