ESOP · DOL Form 5500 · 2023

Glass Systems, Inc ESOP

Data updated 2026-08-11

$19M
Total assets
82
Participants
71st
Percentile by assets
$228,912
Avg per participant
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Official DOL plan name: Glass Systems, Inc. Employee Stock Ownership Plan · Sponsored by Glass Systems, Inc · Georgia · Construction

$19M in assets, 82 participants

Glass Systems, Inc's Glass Systems, Inc. Employee Stock Ownership Plan reported $19M in total assets and 82 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 127,072 plans)
  • #6,339 in Construction (9,030 peers)

Glass Systems, Inc multi-year trail

Glass Systems, Inc's plans moved +193.6% in assets from 2022 to 2024; this filing shows Glass Systems, Inc. Employee Stock Ownership Plan at $19M / 82 participants.

$19M
total plan assets (2023 EOY)
82
covered participants
71st
percentile by assets (of 127,072 plans)
$228,912
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Glass Systems, Inc. Employee Stock Ownership Plan reported net income rose from $463K in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Glass Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Glass Systems, Inc. Employee Stock Ownership Plan reported participants fell from 102 in the plan year 2022 filing to 82 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Glass Systems, Inc across 3 plan years on file

Across the 3 plan years Glass Systems, Inc has on file (2022-2024), sponsor-wide plan assets have moved from $9M to $27M, a gain of 193.6%, while reported participants moved from 102 to 76 (-25.5%). Peak year by sponsor assets: 2024 ($27M); trough: 2022 ($9M).

Glass Systems, Inc multi-year asset trail

$0M$10M$20M$30M 202220232024 $9.28M $27.3M ▲ +193.8%
Total plan assets by year, all Glass Systems, Inc plans on file
Year Plans Participants Total Assets
2022 2 102 $9M
2023 2 82 $19M
2024 2 76 $27M

Glass Systems, Inc filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$19M
Net Income$10M
Employer EIN581586324
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Georgia

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

Glass Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants

Glass Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Glass Systems, Inc. …Warehouse Home Furni…Choate Construction …Brent Scarbrough & C…Aubrey Silvey Enterp…Dixie Plywood and Lu…
Glass Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Glass Systems, Inc. Employee Stock Ownership Plan assets move in 2023?
Glass Systems, Inc. Employee Stock Ownership Plan surged - up 102.6% during 2023, from $9M to $19M. Reported net income was $10M.
How have Glass Systems, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Glass Systems, Inc's sponsor-wide assets grew 193.6%, from $9M to $27M.
Which ESOP plans are similar in size to Glass Systems, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Grace Stakeholder Investments, Inc. Employee Stock Ownership Plan in AR ($19M, 186 participants).

Next read for Glass Systems, Inc. Employee Stock Owner…

Multi-year trail

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