ESOP · DOL Form 5500 · 2024

Ngls, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
23
Participants Small participant base
27th
Percentile by assets National rank
$70,043
Avg per participant Below avg balance/head
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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.

  • #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.

#2,339
in Construction (9,039 peers)
-54.1%
assets change YoY

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.

Ngls, Inc. Employee Stock Ownership Plan among the smaller filed plans by 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 $2,050,000,000 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 2024

Ngls, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ngls, Inc. Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

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 →

Form 5500 schedule snapshot

Filing strip 811118505 · Ngls, Inc. PY 2024 · ESOP

Ngls, Inc. Employee Stock Ownership Plan · $2M · 23 · 27th

  • PHOTO $2M
  • IND 23
  • EOY 27th
  • 5500 ESOP
  • ASSETS near Carroll Apothecary, Inc. Employee Stock Ownership Plan
  • PCT ind #2339

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 Texas →

Ngls, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ngls, Inc. Employee Stock Ownership PlanNgls, Inc. Employee Stock Ow…$2MCarroll Apothecary, Inc. Employee Stock Ownership PlanCarroll Apothecary, Inc. Emp…$2MOhio Semitronics Inc Employee Stock Ownership PlanOhio Semitronics Inc Employe…$2MDart Trucking Company, Inc. Employee Stock Ownership PlanDart Trucking Company, Inc. …$2MJ & L Services Employee Stock Ownership PlanJ & L Services Employee Stoc…$2M
End-of-year total assets ($M) among Ngls, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Ngls, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ngls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 61.74321519244054% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $4.21M $1.61M ▼ -61.8%
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 ($B) Participants Ngls, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.001610989 · Participants: 23Ngls, Inc. Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 23.876523932 · Participants: 3284Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.982965144 · Participants: 891Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.527193522 · Participants: 7703Austin Industries Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.493492368 · Participants: 1799Lja Engineering, Inc. Employee Stock Ownership PlanAir Tractor Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.40134922 · Participants: 350Air Tractor Holdings, Inc. Employee Stock Ownership Plan
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 →

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

Outside Texas, the nearest ESOP by assets is Carroll Apothecary, Inc. Employee Stock Ownership Plan in IA ($2M); by covered participants it is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 participants); asset peers above are excluded.

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 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).
Which ESOP plans cover a similar participant headcount to Ngls, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants, $11M 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 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.