ESOP · DOL Form 5500 · 2024

Niagara Specialty Metals, Inc. ESOP

Data updated 2026-08-25

$81M
Total assets Below avg plan size
40
Participants Small participant base
89th
Percentile by assets National rank
$2.0M
Avg per participant High balance/head
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Official DOL plan name: Niagara Specialty Metals, Inc. Employee Stock Ownership Plan · Sponsored by Niagara Specialty Metals, Inc. · New York · Manufacturing

$81M in assets, 40 participants

Niagara Specialty Metals, Inc.'s Niagara Specialty Metals, Inc. Employee Stock Ownership Plan reported $81M in total assets and 40 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #14,839 in Manufacturing (17,777 peers)

Where Niagara Specialty Metals, Inc. Employee Stock Ownership Plan sits by assets

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $81M for 40 participants (~$2.0M/participant), down 16.3% in 2024.

#14,839
in Manufacturing (17,777 peers)
-16.3%
assets change YoY
0.8×
vs typical plan assets (national mean)

The plan reported a net loss of $32M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan's outsized position by total assets

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$80,542,870 Top 11% higher than 89% 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

Niagara Specialty Metals, 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. Niagara Specialty Metals, Inc. Employee Stock Ownership Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Niagara Specialty Metals, Inc. Employee Stock Ownership Plan reported net income fell from $9M in the plan year 2023 filing to -$32M in the plan year 2024 filing.
  • Niagara Specialty Metals, Inc. Employee Stock Ownership Plan end-of-year assets fell from $96M in the plan year 2023 filing to $81M in the plan year 2024 filing.
  • Niagara Specialty Metals, Inc. Employee Stock Ownership Plan reported participants fell from 43 in the plan year 2023 filing to 40 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 161179936 · Niagara Specialty Metals, Inc. PY 2024 · ESOP

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan · $81M · 40 · 89th

  • EOY $81M
  • EOY 40
  • EOY 89th
  • EOY ESOP
  • EOY near Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan
  • EOY ind #14839

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 New York →

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Markey's Audio/Visual Employee Stock Ownership PlanMarkey's Audio/Visual Employ…$81MNiagara Specialty Metals, Inc. Employee Stock Ownership PlanNiagara Specialty Metals, In…$81MCommunity Bancshares of Mississippi, Inc. Employee Stock Ownership PlanCommunity Bancshares of Miss…$81MWallner Expac Employer Stock Ownership PlanWallner Expac Employer Stock…$80MSouthwestern Financial Corporation Employee Stock Ownership PlanSouthwestern Financial Corpo…$80M
End-of-year total assets ($M) among Niagara Specialty Metals, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$61M
Net Income-$32M
Employer EIN161179936
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Niagara Specialty Metals, Inc.)

Sponsor-wide plan assets over time

All Niagara Specialty Metals, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$81M 8.191453870459771% vs 2022
2024 filing year
$75M$80M$85M$90M$95M$100M 202220232024 $87.7M $80.5M ▼ -8.2%
Year Plans Participants Total Assets
2022 1 44 $88M
2023 1 43 $96M
2024 1 40 $81M

Nearby ESOP Plans in New York

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

Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 02004006008001000 Total assets ($M) Participants Niagara Specialty Metals, Inc. Employee Stock Ownership Plan, Total assets ($M): 80.54287 · Participants: 40Niagara Specialty Metals, Inc. Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 896.840227 · Participants: 3483Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 450.776522 · Participants: 3042North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 306.094988 · Participants: 3209Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 254.362741 · Participants: 1716Greenman-Pedersen, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 234.345888 · Participants: 518Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Niagara Specialty Metals, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New York, the nearest ESOP by assets is Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan in MS ($81M); by covered participants it is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 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 Niagara Specialty Metals, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan declined sharply - down 16.3% during 2024, from $96M to $81M. Reported net income was -$32M.
How have Niagara Specialty Metals, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Niagara Specialty Metals, Inc.'s sponsor-wide assets declined 8.2%, from $88M to $81M.
Where does Niagara Specialty Metals, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Niagara Specialty Metals, Inc. Employee Stock Ownership Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Niagara Specialty Metals, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan in MS ($81M, 876 participants).
Which ESOP plans cover a similar participant headcount to Niagara Specialty Metals, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 participants, $2M 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 161179936.

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.