ESOP · DOL Form 5500 · 2024

Ela Group, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
38
Participants Small participant base
29th
Percentile by assets National rank
$48,611
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ela Group, Inc. Employee Stock Ownership Plan · Sponsored by Ela Group, Inc. · Pennsylvania · Professional & Technical Services

$2M in assets, 38 participants

Ela Group, Inc.'s Ela Group, Inc. Employee Stock Ownership Plan reported $2M in total assets and 38 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #4,881 in Professional & Technical Services (20,173 peers)

Ela Group, Inc. multi-year trail

Ela Group, Inc.'s plans moved +37.7% in assets from 2022 to 2024; this filing shows Ela Group, Inc. Employee Stock Ownership Plan at $2M / 38 participants.

#4,881
in Professional & Technical Services (20,173 peers)
+6.7%
assets growth YoY

Ela Group, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Ela Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,847,214 29th percentile higher than 29% of 123,620 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 2024

Ela Group, Inc. Employee Stock Ownership 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. Ela Group, Inc. Employee Stock Ownership Plan is a small filing (38 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ela Group, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to $199K in the plan year 2024 filing.
  • Ela Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Ela Group, Inc. Employee Stock Ownership Plan reported participants rose from 37 in the plan year 2023 filing to 38 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 232860704 · Ela Group, Inc. PY 2024 · ESOP

Ela Group, Inc. Employee Stock Ownership Plan · $2M · 38 · 29th

  • PCT $2M
  • PCT 38
  • PCT 29th
  • PCT ESOP
  • PCT near Berardi + Partners Employee Stock Ownership Plan
  • PCT ind #4881

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 Pennsylvania →

Ela Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ela Group, Inc. Employee Stock Ownership PlanEla Group, Inc. Employee Sto…$2MBerardi + Partners Employee Stock Ownership PlanBerardi + Partners Employee …$2MVenn Strategies Employee Stock Ownership PlanVenn Strategies Employee Sto…$2MDekker Employee Stock Ownership PlanDekker Employee Stock Owners…$2MDunbar & Brawn Construction, Inc. Employee Stock Ownership PlanDunbar & Brawn Construction,…$2M
End-of-year total assets ($M) among Ela Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Ela Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ela Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 37.65939615769236% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.27M $11.4M ▲ +37.7%
Year Plans Participants Total Assets
2022 2 83 $8M
2023 2 76 $10M
2024 2 80 $11M

Ela Group, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$496K
Net Income$199K
Employer EIN232860704
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Ela Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Ela Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.001847214 · Participants: 38Ela Group, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Ela Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Ela Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Berardi + Partners Employee Stock Ownership Plan in OH ($2M); by covered participants it is Foresight Bank Employee Stock Ownership Plan in MN (38 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ela Group, Inc. Employee Stock Ownership Plan assets move in 2024?
Ela Group, Inc. Employee Stock Ownership Plan grew at a solid clip - up 6.7% during 2024, from $2M to $2M. Reported net income was $199K.
How have Ela Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ela Group, Inc.'s sponsor-wide assets grew 37.7%, from $8M to $11M.
Which ESOP plans are similar in size to Ela Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Berardi + Partners Employee Stock Ownership Plan in OH ($2M, 54 participants).
Which ESOP plans cover a similar participant headcount to Ela Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Foresight Bank Employee Stock Ownership Plan in MN (38 participants, $6M in assets).