ESOP · DOL Form 5500 · 2023
Wolgast Corporation ESOP
Data updated 2026-08-11
- $44M
- Total assets
- 120
- Participants
- 84th
- Percentile by assets
- $363,656
- Avg per participant
Official DOL plan name: Wolgast Corporation Employee Stock Ownership Plan · Sponsored by Wolgast Corporation · Michigan · Construction
$44M in assets, 120 participants
Wolgast Corporation's Wolgast Corporation Employee Stock Ownership Plan reported $44M in total assets and 120 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 127,072 plans)
- #7,404 in Construction (9,030 peers)
Coverage in Michigan
Wolgast Corporation Employee Stock Ownership Plan covers 120 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $44M.
- $44M
- total plan assets (2023 EOY)
- 120
- covered participants
- 84th
- percentile by assets (of 127,072 plans)
- $363,656
- avg assets per participant
Where Wolgast Corporation Employee Stock Ownership Plan sits by total assets
Wolgast Corporation Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$43,638,672 Top 16% higher than 84% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Wolgast Corporation Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Wolgast Corporation Employee Stock Ownership Plan end-of-year assets rose from $39M in the plan year 2022 filing to $44M in the plan year 2023 filing.
- Wolgast Corporation Employee Stock Ownership Plan reported participants rose from 113 in the plan year 2022 filing to 120 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Wolgast Corporation Employee Stock Ownership Plan reports 120 participants - about 19% of that state average ($44M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | $4M |
| Employer EIN | 381912119 |
| Plan Effective Date | 1998-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wolgast Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 217 | $48M |
| 2023 | 2 | 235 | $55M |
| 2024 | 2 | 214 | $59M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
Wolgast Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Wolgast Corporation Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Wolgast Corporation Employee Stock Ownership Plan assets move in 2023? ▼
How have Wolgast Corporation plan assets changed over time? ▼
Where does Wolgast Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Wolgast Corporation Employee Stock Ownership Plan? ▼
Next read for Wolgast Corporation Employee Stock Owner…
Filing takeaways
Ways to act on Wolgast Corporation Employee Stock Ownership Plan's numbers.
- By total assets, Wolgast Corporation Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
- Wolgast Corporation's sponsor-wide assets have grown 23.4% since 2022 across 3 plan years on file. More Construction plans