ESOP · DOL Form 5500 · 2024
Glass & Metals, Inc. ESOP
Data updated 2026-08-11
- $22M
- Total assets
- 68
- Participants
- 72nd
- Percentile by assets
- $317,155
- Avg per participant
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.
- 72nd percentile by assets (of 123,622 plans)
- #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.
- $22M
- total plan assets (2024 EOY)
- 68
- covered participants
- 72nd
- percentile by assets (of 123,622 plans)
- $317,155
- avg assets per participant
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.
Where Glass & Metals, Inc. Employee Stock Ownership and Savings Plan sits 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
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.
Glass & Metals, Inc. across 3 plan years on file
Across the 3 plan years Glass & Metals, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $19M to $22M, a gain of 12.2%, while reported participants moved from 81 to 68 (-16.0%). Peak year by sponsor assets: 2024 ($22M); trough: 2022 ($19M).
Glass & Metals, Inc. multi-year asset trail
| 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.
Glass & Metals, Inc. Employee Stock Ownership and Savings Plan vs. nearby ESOP plans in Virginia, assets vs. participants
- 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
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Glass & Metals, Inc. Employee Stock Ownership and Savings Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Glass & Metals, Inc. Employee Stock Ownership and Savings Plan's numbers.
- By total assets, Glass & Metals, Inc. Employee Stock Ownership and Savings Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
- Glass & Metals, Inc.'s sponsor-wide assets have grown 12.2% since 2022 across 3 plan years on file. More Construction plans