ESOP · DOL Form 5500 · 2023

Globe Engineering Co Inc ESOP

Data updated 2026-08-11

$136M
Total assets: 236
Participants: 93rd
Percentile by assets: $577,055
Avg per participant

Official DOL plan name: Globe Engineering Co Inc Employee Stock Ownership Plan and Trust · Sponsored by Globe Engineering Co Inc · Kansas · Manufacturing

$136M in assets, 236 participants

Globe Engineering Co Inc's Globe Engineering Co Inc Employee Stock Ownership Plan and Trust reported $136M in total assets and 236 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#16,731 in Manufacturing (18,722 peers)

Where Globe Engineering Co Inc Employee Stock Ownership Plan and Trust sits by assets

Globe Engineering Co Inc Employee Stock Ownership Plan and Trust sits in the top 10% of all filed plans by assets, $136M for 236 participants (~$577,055/participant), up 2.1% in 2023.

$136M
total plan assets (2023 EOY): 236
covered participants: 93rd
percentile by assets (of 127,072 plans): $577,055
avg assets per participant

Globe Engineering Co Inc Employee Stock Ownership Plan and Trust reported net income rose from $55K in the plan year 2022 filing to $3M in the plan year 2023 filing.
Globe Engineering Co Inc Employee Stock Ownership Plan and Trust reported participants fell from 244 in the plan year 2022 filing to 236 in the plan year 2023 filing.
Globe Engineering Co Inc Employee Stock Ownership Plan and Trust end-of-year assets rose from $133M in the plan year 2022 filing to $136M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Kansas

Industry

Manufacturing

Globe Engineering Co Inc Employee Stock Ownership Plan and Trust vs the 2023 asset distribution

By assets, Globe Engineering Co Inc Employee Stock Ownership Plan and Trust outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$133M
Net Assets (End of Year)	$136M
Net Income	$3M
Employer EIN	480720478
Plan Effective Date	1965-11-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Globe Engineering Co Inc)

Total plan assets by year, all Globe Engineering Co Inc plans on file

Year	Plans	Participants	Total Assets
2022	1	244	$133M
2023	1	236	$136M

Nearby ESOP Plans in Kansas

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

Globe Engineering Co Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Kansas, assets vs. participants

Pbi-Gordon Companies, Inc. Employee Stock Ownership Plan $359M · 488
Harcros Chemicals, Inc. Employee Stock Ownership Plan $296M · 549
Mmc Corp Employee Stock Ownership Plan $240M · 754
Inland Truck Parts Company Employee Stock Ownership Plan and Trust $99M · 665
Berkel & Company Contractors, Inc. Employee Stock Ownership Plan $98M · 392

Compare Globe Engineering Co Inc Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Globe Engineering Co Inc Employee Stock Ownership Plan and Trust by total assets, not by location.

Third Federal Savings Associate Stock Ownership Plan (OH) $136M · 976
Royal Technologies Corporation Employee Stock Ownership Plan (MI) $135M · 1,049
Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan (IN) $135M · 558
Technology Service Corporation Employee Stock Ownership Plan (VA) $135M · 562

Frequently Asked Questions

How did Globe Engineering Co Inc Employee Stock Ownership Plan and Trust assets move in 2023? ▼

Globe Engineering Co Inc Employee Stock Ownership Plan and Trust edged up modestly - up 2.1% during 2023, from $133M to $136M. Reported net income was $3M.

How have Globe Engineering Co Inc plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Globe Engineering Co Inc's sponsor-wide assets grew 2.1%, from $133M to $136M.

Where does Globe Engineering Co Inc Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼

Globe Engineering Co Inc Employee Stock Ownership Plan and Trust ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Globe Engineering Co Inc Employee Stock Ownership Plan and Trust? ▼

Among ESOP plans in other states, the closest by assets is Third Federal Savings Associate Stock Ownership Plan in OH ($136M, 976 participants).

Next read for Globe Engineering Co Inc Employee Stock …

Scale reading

Ways to act on Globe Engineering Co Inc Employee Stock Ownership Plan and Trust's numbers.

By total assets, Globe Engineering Co Inc Employee Stock Ownership Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Kansas. Compare plans
Globe Engineering Co Inc's sponsor-wide assets have grown 2.1% since 2022 across 2 plan years on file. More Manufacturing plans

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 480720478.