ESOP · DOL Form 5500 · 2023

Gmi Corporation, Inc. ESOP

Data updated 2026-08-11

$13M
Total assets
89
Participants
64th
Percentile by assets
$146,169
Avg per participant
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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.

  • 64th percentile by assets (of 127,072 plans)
  • #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.

$13M
total plan assets (2023 EOY)
89
covered participants
64th
percentile by assets (of 127,072 plans)
$146,169
avg assets per participant

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 →

State
Industry

Gmi Corporation, Inc. across 3 plan years on file

Across the 3 plan years Gmi Corporation, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $12M to $15M, a gain of 28.0%, while reported participants moved from 82 to 81 (-1.2%). Peak year by sponsor assets: 2024 ($15M); trough: 2022 ($12M).

Gmi Corporation, Inc. multi-year asset trail

$11M$12M$13M$14M$15M$16M 202220232024 $11.7M $15M ▲ +28.1%
Total plan assets by year, all Gmi Corporation, Inc. plans on file
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

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…Jasper Holdings, Inc…Urschel Laboratories…Nibco Inc. Employee …Superior Industrial …Ducharme, Mcmillen &…
Gmi Corporation, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

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).

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Multi-year trail

Ways to act on Gmi Corporation, Inc. Employee Stock Ownership Plan's numbers.