ESOP · DOL Form 5500 · 2023

Griffon Corporation ESOP

Data updated 2026-08-11

$299M
Total assets
3,674
Participants
96th
Percentile by assets
$81,312
Avg per participant
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Official DOL plan name: Griffon Corporation Employee Stock Ownership Plan · Sponsored by Griffon Corporation · New York · Professional & Technical Services

$299M in assets, 3,674 participants

Griffon Corporation's Griffon Corporation Employee Stock Ownership Plan reported $299M in total assets and 3,674 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #19,746 in Professional & Technical Services (20,321 peers)

Coverage in New York

Griffon Corporation Employee Stock Ownership Plan covers 3,674 participants in New York, 4.6x the typical New York plan (state average ~798 per filing). Assets: $299M.

$299M
total plan assets (2023 EOY)
3,674
covered participants
96th
percentile by assets (of 127,072 plans)
$81,312
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Griffon Corporation Employee Stock Ownership Plan reported net income rose from $48M in the plan year 2022 filing to $118M in the plan year 2023 filing.
  • Griffon Corporation Employee Stock Ownership Plan end-of-year assets rose from $184M in the plan year 2022 filing to $299M in the plan year 2023 filing.
  • Griffon Corporation Employee Stock Ownership Plan reported participants fell from 3,775 in the plan year 2022 filing to 3,674 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Griffon Corporation Employee Stock Ownership Plan reports 3,674 participants - 4.6x that state average ($299M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$184M
Net Assets (End of Year)$298M
Net Income$118M
Employer EIN111893410
Plan Effective Date1982-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Griffon Corporation)

$700M$800M$900M$1,000M 202220232024 $753M $956M ▲ +26.9%
Total plan assets by year, all Griffon Corporation plans on file
Year Plans Participants Total Assets
2022 2 9,155 $753M
2023 2 7,987 $927M
2024 2 7,116 $956M

Nearby ESOP Plans in New York

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

Griffon Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Griffon Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 02004006008001000 Total assets ($M) Participants Griffon Corporation …Stewart's Shops Corp…North Coast Holdings…Greenman-Pedersen, I…H.C. Wainwright & Co…Marshall & Sterling …
Griffon Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Griffon Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Griffon Corporation Employee Stock Ownership Plan assets move in 2023?
Griffon Corporation Employee Stock Ownership Plan surged - up 62.6% during 2023, from $184M to $299M. Reported net income was $118M.
How have Griffon Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Griffon Corporation's sponsor-wide assets grew 26.9%, from $753M to $956M.
Where does Griffon Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Griffon Corporation Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Griffon Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Conair LLC Savings and Investment Plan in NJ ($301M, 1,050 participants).

Next read for Griffon Corporation Employee Stock Owner…

Filing takeaways

Ways to act on Griffon Corporation Employee Stock Ownership Plan's numbers.