ESOP · DOL Form 5500 · 2023

General Sheet Metal Works, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
99
Participants Small participant base
47th
Percentile by assets National rank
$57,505
Avg per participant Low balance/head
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Official DOL plan name: General Sheet Metal Employee Stock Ownership Plan · Sponsored by General Sheet Metal Works, Inc. · Oregon · Construction

$6M in assets, 99 participants

General Sheet Metal Works, Inc.'s General Sheet Metal Employee Stock Ownership Plan reported $6M in total assets and 99 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,067 in Construction (9,030 peers)

General Sheet Metal Works, Inc. multi-year trail

General Sheet Metal Works, Inc.'s plans moved -24.8% in assets from 2022 to 2024; this filing shows General Sheet Metal Employee Stock Ownership Plan at $6M / 99 participants.

#4,067
in Construction (9,030 peers)
+79.5%
assets growth YoY

General Sheet Metal Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

General Sheet Metal Employee Stock Ownership Plan vs every filed plan by assets

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

$5,693,032 47th percentile higher than 47% 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

General Sheet Metal Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Sheet Metal Employee Stock Ownership Plan is a small filing (99 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • General Sheet Metal Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • General Sheet Metal Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • General Sheet Metal Employee Stock Ownership Plan reported participants rose from 93 in the plan year 2022 filing to 99 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 930611584 · General Sheet Metal Works, Inc. PY 2023 · ESOP

General Sheet Metal Employee Stock Ownership Plan · $6M · 99 · 47th

  • PART $6M
  • TYPE 99
  • NET 47th
  • BOOK ESOP
  • VS-ST near D. a. Pope, Incorporated Employee Stock Ownership Plan
  • BOY ind #4067

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 Oregon →

General Sheet Metal Employee Stock Ownership Plan in the asset neighbourhood

Home Furniture Company of Lafayette, Inc. Employee Stock Ownership PlanHome Furniture Company of La…$6MGoodson Employee Stock Ownership Plan and TrustGoodson Employee Stock Owner…$6MGeneral Sheet Metal Employee Stock Ownership PlanGeneral Sheet Metal Employee…$6MD. a. Pope, Incorporated Employee Stock Ownership PlanD. a. Pope, Incorporated Emp…$6MAir Products Equipment Company Employee Stock Ownership PlanAir Products Equipment Compa…$6M
End-of-year total assets ($M) among General Sheet Metal Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

General Sheet Metal Works, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All General Sheet Metal Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 24.82965658009909% vs 2022
2024 filing year
$4M$6M$8M$10M$12M$14M 202220232024 $11.8M $8.86M ▼ -24.9%
Year Plans Participants Total Assets
2022 2 201 $12M
2023 1 99 $6M
2024 1 110 $9M

General Sheet Metal Works, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$173K
Net Income$3M
Employer EIN930611584
Plan Effective Date2018-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Oregon

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

General Sheet Metal Employee Stock Ownership Plan vs. nearby ESOP plans in Oregon, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300 Total assets ($M) Participants General Sheet Metal Employee Stock Ownership Plan, Total assets ($M): 5.693032 · Participants: 99General Sheet Metal Employee Stock Ownership PlanBob's Red Mill Natural Foods, Inc. Employee Stock Ownership Plan, Total assets ($M): 235.753413 · Participants: 580Bob's Red Mill Natural Foods, Inc. Employee Stock Ownership PlanBi-Mart Corporation Employee Stock Ownership Plan, Total assets ($M): 210.231629 · Participants: 1981Bi-Mart Corporation Employee Stock Ownership PlanPacific Industrial Corp. Employee Stock Ownership Plan, Total assets ($M): 204.304035 · Participants: 71Pacific Industrial Corp. Employee Stock Ownership PlanKey Knife, Inc. Employee Stock Ownership Plan, Total assets ($M): 168.331686 · Participants: 69Key Knife, Inc. Employee Stock Ownership PlanNorthwest Pump & Equipment Co. Employee Stock Ownership Plan, Total assets ($M): 73.155492 · Participants: 200Northwest Pump & Equipment Co. Employee Stock Ownership Plan
General Sheet Metal Employee Stock Ownership Plan vs. nearby ESOP plans in Oregon, assets vs. participants
Compare General Sheet Metal Employee Stock Ownership Plan side-by-side with 3 peers →

General Sheet Metal Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Oregon, the nearest ESOP by assets is D. a. Pope, Incorporated Employee Stock Ownership Plan in CA ($6M); by covered participants it is First National Bank of Bemidji Employee Stock Ownership Plan and Trust in MN (99 participants). Same-state nearby plans are listed separately above.

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 General Sheet Metal Employee Stock Ownership Plan assets move in 2023? ▼
General Sheet Metal Employee Stock Ownership Plan surged - up 79.5% during 2023, from $3M to $6M. Reported net income was $3M.
How have General Sheet Metal Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Sheet Metal Works, Inc.'s sponsor-wide assets declined 24.8%, from $12M to $9M.
Which ESOP plans are similar in size to General Sheet Metal Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is D. a. Pope, Incorporated Employee Stock Ownership Plan in CA ($6M, 20 participants).
Which ESOP plans cover a similar participant headcount to General Sheet Metal Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is First National Bank of Bemidji Employee Stock Ownership Plan and Trust in MN (99 participants, $30M 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 930611584.

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.