ESOP · DOL Form 5500 · 2023
Glasfloss Industries, Inc. ESOP
Data updated 2026-08-11
- $23M
- Total assets
- 737
- Participants
- 75th
- Percentile by assets
- $31,467
- Avg per participant
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.
- 75th percentile by assets (of 127,072 plans)
- #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.
- $23M
- total plan assets (2023 EOY)
- 737
- covered participants
- 75th
- percentile by assets (of 127,072 plans)
- $31,467
- avg assets per participant
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 vs the 2023 asset distribution
By assets, Glasfloss Industries, Inc. Employee Stock Ownership Plan outranks 75% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | -$51M |
| Net Income | -$60M |
| Employer EIN | 750942338 |
| Plan Effective Date | 2022-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Glasfloss Industries, Inc.)
| 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
- Sammons Enterprises, Inc. Employee Stock Ownership Plan $21.2B · 3,000
- Highland Homes Employee Stock Ownership Plan $885M · 791
- Austin Industries Employee Stock Ownership Plan $498M · 4,510
- Cactus Feeders, Inc. Employee Stock Ownership Plan $447M · 831
- Lja Engineering, Inc. Employee Stock Ownership Plan $397M · 1,439
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Glasfloss Industries, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Hallam Associates, Inc. Employee Stock Ownership Plan and Trust (VT) $23M · 134
- Gutchess Lumber Employee Stock Ownership Plan (NY) $23M · 418
- Medler Electric Company Employee Stock Ownership Plan and Trust (MI) $23M · 138
- Kemron Environmental Services, Inc. Employee Stock Ownership Plan (GA) $23M · 131
Frequently Asked Questions
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Ways to act on Glasfloss Industries, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Glasfloss Industries, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Texas. Compare plans
- Glasfloss Industries, Inc.'s sponsor-wide assets have grown 474.9% since 2022 across 3 plan years on file. More Manufacturing plans