ESOP · DOL Form 5500 · 2023

Wolgast Corporation ESOP

Data updated 2026-08-25

$44M
Total assets Below avg plan size
120
Participants Small participant base
84th
Percentile by assets National rank
$363,656
Avg per participant High balance/head
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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.

  • #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.

#7,404
in Construction (9,030 peers)
+11.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Wolgast Corporation Employee Stock Ownership Plan's outsized position 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

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 2023

Wolgast Corporation Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wolgast Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (120 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381912119 · Wolgast Corporation PY 2023 · ESOP

Wolgast Corporation Employee Stock Ownership Plan · $44M · 120 · 84th

  • PART $44M
  • TYPE 120
  • NET 84th
  • BOOK ESOP
  • VS-ST near Friends & Family Prevailing Wage ESOP Retirement Plan
  • BOY ind #7404

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 Michigan →

Wolgast Corporation Employee Stock Ownership Plan in the asset neighbourhood

Applied Information Sciences, Inc. Employee Stock Ownership PlanApplied Information Sciences…$44MSoutheast Bancorp, Inc. Employee Stock Ownership PlanSoutheast Bancorp, Inc. Empl…$44MWolgast Corporation Employee Stock Ownership PlanWolgast Corporation Employee…$44MFriends & Family Prevailing Wage ESOP Retirement PlanFriends & Family Prevailing …$44MWeco Employee Stock Ownership Plan and TrustWeco Employee Stock Ownershi…$44M
End-of-year total assets ($M) among Wolgast Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$36M
Net Income$4M
Employer EIN381912119
Plan Effective Date1998-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wolgast Corporation)

Sponsor-wide plan assets over time

All Wolgast Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$59M 23.37698450620454% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $47.7M $58.8M ▲ +23.4%
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 Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Wolgast Corporation Employee Stock Ownership Plan, Total assets ($B): 0.043638672 · Participants: 120Wolgast Corporation Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Wolgast Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Wolgast Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Wolgast Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Friends & Family Prevailing Wage ESOP Retirement Plan in NY ($44M); by covered participants it is Gordon, Inc. Employee Stock Ownership Plan in LA (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wolgast Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Wolgast Corporation Employee Stock Ownership Plan grew at a solid clip - up 11.6% during 2023, from $39M to $44M. Reported net income was $4M.
How have Wolgast Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wolgast Corporation's sponsor-wide assets grew 23.4%, from $48M to $59M.
Where does Wolgast Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Wolgast Corporation Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Wolgast Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Friends & Family Prevailing Wage ESOP Retirement Plan in NY ($44M, 7,960 participants).
Which ESOP plans cover a similar participant headcount to Wolgast Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gordon, Inc. Employee Stock Ownership Plan in LA (120 participants, $41M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381912119.

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.