ESOP · DOL Form 5500 · 2024
Glass & Metals, Inc. ESOP
Data updated 2026-08-25
- $22M
- Total assets Small plan by assets
- 68
- Participants Small participant base
- 72nd
- Percentile by assets National rank
- $317,155
- Avg per participant High balance/head
Official DOL plan name: Glass & Metals, Inc. Employee Stock Ownership and Savings Plan · Sponsored by Glass & Metals, Inc. · Virginia · Construction
$22M in assets, 68 participants
Glass & Metals, Inc.'s Glass & Metals, Inc. Employee Stock Ownership and Savings Plan reported $22M in total assets and 68 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.
- #6,374 in Construction (9,039 peers)
Glass & Metals, Inc. multi-year trail
Glass & Metals, Inc.'s plans moved +12.2% in assets from 2022 to 2024; this filing shows Glass & Metals, Inc. Employee Stock Ownership and Savings Plan at $22M / 68 participants.
- #6,374
- in Construction (9,039 peers)
- +9.9%
- assets growth YoY
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan's outsized position by total assets
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$21,566,537 Top 28% higher than 72% 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
Glass & Metals, Inc. Employee Stock Ownership and Savings 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. Glass & Metals, Inc. Employee Stock Ownership and Savings Plan is a small filing (68 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Glass & Metals, Inc. Employee Stock Ownership and Savings Plan reported net income fell from $236K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
- Glass & Metals, Inc. Employee Stock Ownership and Savings Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.
- Glass & Metals, Inc. Employee Stock Ownership and Savings Plan reported participants fell from 73 in the plan year 2023 filing to 68 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 541921916 · Glass & Metals, Inc. PY 2024 · ESOP
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan · $22M · 68 · 72nd
- NET $22M
- BOOK 68
- VS-ST 72nd
- BOY ESOP
- SCH near Unicast Company Employee Stock Ownership Plan
- EBSA ind #6374
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 Virginia →
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan in the asset neighbourhood
Glass & Metals, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Glass & Metals, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $22M 12.211158806054298% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 81 | $19M |
| 2023 | 1 | 73 | $20M |
| 2024 | 1 | 68 | $22M |
Glass & Metals, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $20M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$1M |
| Employer EIN | 541921916 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Nvr, Inc. Employee Stock Ownership Plan $1.3B · 6,515
- Delta Star Employee Stock Ownership Plan $447M · 222
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $407M · 1,962
- The Resorts Companies, Inc. Employee Stock Ownership Plan $386M · 1,811
- New River Electrical Corporation Employee Stock Ownership Plan $380M · 458
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan's out-of-state ESOP peers by assets and headcount
Outside Virginia, the nearest ESOP by assets is Unicast Company Employee Stock Ownership Plan in PA ($22M); by covered participants it is First Commercial Financial Corp. Employee Stock Ownership Plan in TX (68 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($22M here).
Similar participant headcount
Nearest other-state filings by covered participants (68 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.