ESOP · DOL Form 5500 · 2024

Germain & Co Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
34
Participants
60th
Percentile by assets
$361,925
Avg per participant
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Official DOL plan name: Germane Solutions Employee Stock Ownership Plan · Sponsored by Germain & Co Inc. · Ohio · Professional & Technical Services

$12M in assets, 34 participants

Germain & Co Inc.'s Germane Solutions Employee Stock Ownership Plan reported $12M in total assets and 34 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 123,622 plans)
  • #11,871 in Professional & Technical Services (20,173 peers)

Germain & Co Inc. multi-year trail

Germain & Co Inc.'s plans moved +71.5% in assets from 2022 to 2024; this filing shows Germane Solutions Employee Stock Ownership Plan at $12M / 34 participants.

$12M
total plan assets (2024 EOY)
34
covered participants
60th
percentile by assets (of 123,622 plans)
$361,925
avg assets per participant

Where Germane Solutions Employee Stock Ownership Plan sits by total assets

Germane Solutions Employee Stock Ownership Plan vs every filed plan by assets

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

$12,305,436 Top 40% higher than 60% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Germane Solutions Employee Stock Ownership Plan reported net income rose from -$498K in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Germane Solutions Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Germane Solutions Employee Stock Ownership Plan reported participants fell from 43 in the plan year 2023 filing to 34 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Ohio
Industry
Professional & Technical Services

Germain & Co Inc. across 3 plan years on file

Across the 3 plan years Germain & Co Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $12M, a gain of 71.5%, while reported participants moved from 41 to 34 (-17.1%). Peak year by sponsor assets: 2024 ($12M); trough: 2023 ($6M).

Germain & Co Inc. multi-year asset trail

$4M$6M$8M$10M$12M$14M 202220232024 $7.18M $12.3M ▲ +71.4%
Total plan assets by year, all Germain & Co Inc. plans on file
Year Plans Participants Total Assets
2022 1 41 $7M
2023 1 43 $6M
2024 1 34 $12M

Germain & Co Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$6M
Employer EIN200242557
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Germane Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Germane Solutions Em…, Total assets ($B): 0.012305436 · Participants: 34Germane Solutions Em…Procter & Gamble Pro…, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Pro…The Garland Industri…, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industri…Messer Inc. Employee…, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee…Great Lakes Cheese C…, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese C…Cleveland Steel Cont…, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Cont…
Germane Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Germane Solutions Employee Stock Ownersh… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Germane Solutions Employee Stock Ownership Plan assets move in 2024? ▼
Germane Solutions Employee Stock Ownership Plan surged - up 90.5% during 2024, from $6M to $12M. Reported net income was $6M.
How have Germain & Co Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Germain & Co Inc.'s sponsor-wide assets grew 71.5%, from $7M to $12M.
Which ESOP plans are similar in size to Germane Solutions Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Happy Harry's Holdings, Inc. Employee Stock Ownership Plan in ND ($12M, 66 participants).

Next read for Germane Solutions Employee Stock Ownersh…

Multi-year trail

Ways to act on Germane Solutions Employee Stock Ownership Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200242557.

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.