ESOP · DOL Form 5500 · 2023

Gmi Corporation, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
89
Participants Small participant base
64th
Percentile by assets National rank
$146,169
Avg per participant Above avg balance/head
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Official DOL plan name: Gmi Corporation, Inc. Employee Stock Ownership Plan · Sponsored by Gmi Corporation, Inc. · Indiana · Manufacturing

$13M in assets, 89 participants

Gmi Corporation, Inc.'s Gmi Corporation, Inc. Employee Stock Ownership Plan reported $13M in total assets and 89 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #9,708 in Manufacturing (18,722 peers)

Gmi Corporation, Inc. multi-year trail

Gmi Corporation, Inc.'s plans moved +28.0% in assets from 2022 to 2024; this filing shows Gmi Corporation, Inc. Employee Stock Ownership Plan at $13M / 89 participants.

#9,708
in Manufacturing (18,722 peers)
+11.4%
assets growth YoY

Gmi Corporation, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Gmi Corporation, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,009,056 Top 36% higher than 64% 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

Gmi Corporation, Inc. 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. Gmi Corporation, Inc. Employee Stock Ownership Plan is a small filing (89 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gmi Corporation, Inc. Employee Stock Ownership Plan reported net income rose from $866K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Gmi Corporation, Inc. Employee Stock Ownership Plan end-of-year assets rose from $12M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Gmi Corporation, Inc. Employee Stock Ownership Plan reported participants rose from 82 in the plan year 2022 filing to 89 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 352034514 · Gmi Corporation, Inc. PY 2023 · ESOP

Gmi Corporation, Inc. Employee Stock Ownership Plan · $13M · 89 · 64th

  • TYPE $13M
  • TYPE 89
  • TYPE 64th
  • TYPE ESOP
  • TYPE near Baker Electric Employee Stock Ownership Plan
  • TYPE ind #9708

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 Indiana →

Gmi Corporation, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ryco Inc. Employee Stock Ownership PlanRyco Inc. Employee Stock Own…$13MLibra Industries, Inc. of Michigan Employee Stock Ownership PlanLibra Industries, Inc. of Mi…$13MGmi Corporation, Inc. Employee Stock Ownership PlanGmi Corporation, Inc. Employ…$13MBaker Electric Employee Stock Ownership PlanBaker Electric Employee Stoc…$13MWalker Mechanical Contractors, Inc. Employee Stock Ownership PlanWalker Mechanical Contractor…$13M
End-of-year total assets ($M) among Gmi Corporation, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Gmi Corporation, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gmi Corporation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 28.023339498930056% vs 2022
2024 filing year
$11M$12M$13M$14M$15M$16M 202220232024 $11.7M $15M ▲ +28.1%
Year Plans Participants Total Assets
2022 1 82 $12M
2023 1 89 $13M
2024 1 81 $15M

Gmi Corporation, Inc. filing trail (2023)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN352034514
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

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

Gmi Corporation, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants Gmi Corporation, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.013009056 · Participants: 89Gmi Corporation, Inc. Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
Gmi Corporation, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Gmi Corporation, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest ESOP by assets is Baker Electric Employee Stock Ownership Plan in CA ($13M); by covered participants it is Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust in MN (89 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (89 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 Gmi Corporation, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Gmi Corporation, Inc. Employee Stock Ownership Plan grew at a solid clip - up 11.4% during 2023, from $12M to $13M. Reported net income was $2M.
How have Gmi Corporation, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gmi Corporation, Inc.'s sponsor-wide assets grew 28.0%, from $12M to $15M.
Which ESOP plans are similar in size to Gmi Corporation, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Baker Electric Employee Stock Ownership Plan in CA ($13M, 277 participants).
Which ESOP plans cover a similar participant headcount to Gmi Corporation, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Northern Factory Sales, Inc. Employee Stock Ownership Plan and Trust in MN (89 participants, $84M 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 352034514.

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.