ESOP · DOL Form 5500 · 2024

Galfab Holdings Inc. ESOP

Data updated 2026-08-25

$150K
Total assets Small plan by assets: 109
Participants Small participant base: 8th
Percentile by assets National rank: $1,376
Avg per participant Low balance/head

Official DOL plan name: Galfab Holdings Inc. Employee Stock Ownership Plan · Sponsored by Galfab Holdings Inc. · Illinois · Administrative & Support Services

$150K in assets, 109 participants

Galfab Holdings Inc.'s Galfab Holdings Inc. Employee Stock Ownership Plan reported $150K in total assets and 109 participants in its 2024 DOL Form 5500 filing, ranking in the 8th 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.

#882 in Administrative & Support Services (4,368 peers)

Coverage in Illinois

Galfab Holdings Inc. Employee Stock Ownership Plan covers 109 participants in Illinois, about 14% of the average Illinois filer (state average ~779 per filing). Assets: $150K.

#882
in Administrative & Support Services (4,368 peers): -42.3%
assets change YoY

Galfab Holdings Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Galfab Holdings Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$150,000 8th percentile higher than 8% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Galfab Holdings Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Galfab Holdings Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (109 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Form 5500 schedule snapshot

Filing strip 822668679 · Galfab Holdings Inc. PY 2024 · ESOP

Galfab Holdings Inc. Employee Stock Ownership Plan · $150K · 109 · 8th

BOY $150K
SCH 109
EBSA 8th
PART ESOP
TYPE near Van Wijk Management Employee Stock Ownership Plan
NET ind #882

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 Illinois →

End-of-year total assets ($M) among Galfab Holdings Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)	$260K
Net Assets (End of Year)	-$11M
Net Income	$610K
Employer EIN	822668679
Plan Effective Date	2017-09-22
Filing Status	FILING RECEIVED

Nearby ESOP Plans in Illinois

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

Galfab Holdings Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Amsted Industries Incorporated Employees' Stock Ownership Plan $3.7B · 4,909
Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543

Compare Galfab Holdings Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Galfab Holdings Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Van Wijk Management Employee Stock Ownership Plan in IA ($150K); by covered participants it is Triple T Transport Employee Stock Ownership Plan in OH (109 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($150K here).

Van Wijk Management Employee Stock Ownership Plan (IA) $150K · 2
The Brewing-Science Institute, Inc. Employee Stock Ownership Plan (CO) $150K · 35
Coiltron, Inc. Employee Stock Ownership Plan (OR) $149K · 4
Mba Consulting Group Employee Stock Ownership Plan (DC) $149K · 31

Similar participant headcount

Nearest other-state filings by covered participants (109 participants); asset peers above are excluded.

Triple T Transport Employee Stock Ownership Plan (OH) 109 · 0 off
Bamco, Inc. Employee Stock Ownership Plan (NJ) 109 · 0 off
Dart Trucking Company, Inc. Employee Stock Ownership Plan () 109 · 0 off
Neighborhood Fresh Employee Stock Ownership Plan (OH) 109 · 0 off

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Galfab Holdings Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Galfab Holdings Inc. Employee Stock Ownership Plan contracted severely - down 42.3% during 2024, from $260K to $150K. Reported net income was $610K.

Where does Galfab Holdings Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Galfab Holdings Inc. Employee Stock Ownership Plan ranks in the 8th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).

Which ESOP plans are similar in size to Galfab Holdings Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Van Wijk Management Employee Stock Ownership Plan in IA ($150K, 2 participants).

Which ESOP plans cover a similar participant headcount to Galfab Holdings Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by covered participants is Triple T Transport Employee Stock Ownership Plan in OH (109 participants, $142M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 822668679.