ESOP · DOL Form 5500 · 2024

Ngls, Inc. ESOP

Data updated 2026-08-11

$2M
Total assets
23
Participants
27th
Percentile by assets
$70,043
Avg per participant
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Official DOL plan name: Ngls, Inc. Employee Stock Ownership Plan · Sponsored by Ngls, Inc. · Texas · Construction

$2M in assets, 23 participants

Ngls, Inc.'s Ngls, Inc. Employee Stock Ownership Plan reported $2M in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • 27th percentile by assets (of 123,622 plans)
  • #2,339 in Construction (9,039 peers)

Ngls, Inc. multi-year trail

Ngls, Inc.'s plans moved -61.7% in assets from 2022 to 2024; this filing shows Ngls, Inc. Employee Stock Ownership Plan at $2M / 23 participants.

$2M
total plan assets (2024 EOY)
23
covered participants
27th
percentile by assets (of 123,622 plans)
$70,043
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Ngls, Inc. Employee Stock Ownership Plan sits by total assets

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

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

$1,610,989 27th percentile higher than 27% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ngls, Inc. Employee Stock Ownership Plan reported net income fell from -$511K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Ngls, Inc. Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Ngls, Inc. Employee Stock Ownership Plan reported participants rose from 17 in the plan year 2023 filing to 23 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Texas
Industry
Construction

Ngls, Inc. across 3 plan years on file

Across the 3 plan years Ngls, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $4M to $2M, a decline of 61.7%, while reported participants moved from 23 to 23 (+0.0%). Peak year by sponsor assets: 2022 ($4M); trough: 2024 ($2M).

Ngls, Inc. multi-year asset trail

$1M$2M$3M$4M$5M 202220232024 $4.21M $1.61M ▼ -61.8%
Total plan assets by year, all Ngls, Inc. plans on file
Year Plans Participants Total Assets
2022 1 23 $4M
2023 1 17 $4M
2024 1 23 $2M

Ngls, Inc. filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)-$5M
Net Income-$2M
Employer EIN811118505
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Texas

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

Ngls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -100102030 Total assets ($B) Participants Ngls, Inc. Employee …, Total assets ($B): 0.001610989 · Participants: 23Ngls, Inc. Employee …Sammons Enterprises,…, Total assets ($B): 23.876523932 · Participants: 3284Sammons Enterprises,…Highland Homes Emplo…, Total assets ($B): 0.982965144 · Participants: 891Highland Homes Emplo…Austin Industries Em…, Total assets ($B): 0.527193522 · Participants: 7703Austin Industries Em…Lja Engineering, Inc…, Total assets ($B): 0.493492368 · Participants: 1799Lja Engineering, Inc…Air Tractor Holdings…, Total assets ($B): 0.40134922 · Participants: 350Air Tractor Holdings…
Ngls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Ngls, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Ngls, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Ngls, Inc. Employee Stock Ownership Plan contracted severely - down 54.1% during 2024, from $4M to $2M. Reported net income was -$2M.
How have Ngls, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ngls, Inc.'s sponsor-wide assets declined 61.7%, from $4M to $2M.
Which ESOP plans are similar in size to Ngls, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Carroll Apothecary, Inc. Employee Stock Ownership Plan in IA ($2M, 30 participants).

Next read for Ngls, Inc. Employee Stock Ownership Plan

Multi-year trail

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

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 811118505.

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.