ESOP · DOL Form 5500 · 2023

Drake-Williams Steel, Inc. ESOP

Data updated 2026-08-25

$78M
Total assets Below avg plan size
234
Participants Below avg headcount
89th
Percentile by assets National rank
$333,636
Avg per participant High balance/head
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Official DOL plan name: Drake-Williams Steel, Inc. Employee Stock Ownership Plan · Sponsored by Drake-Williams Steel, Inc. · Nebraska · Manufacturing

$78M in assets, 234 participants

Drake-Williams Steel, Inc.'s Drake-Williams Steel, Inc. Employee Stock Ownership Plan reported $78M in total assets and 234 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,803 in Manufacturing (18,722 peers)

Coverage in Nebraska

Drake-Williams Steel, Inc. Employee Stock Ownership Plan covers 234 participants in Nebraska, about 42% of the average Nebraska filer (state average ~552 per filing). Assets: $78M.

#15,803
in Manufacturing (18,722 peers)
+44.2%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Drake-Williams Steel, Inc. Employee Stock Ownership Plan's outsized position by total assets

Drake-Williams Steel, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$78,070,805 Top 11% higher than 89% 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

Drake-Williams Steel, Inc. 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. Drake-Williams Steel, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (234 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Drake-Williams Steel, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Drake-Williams Steel, Inc. Employee Stock Ownership Plan end-of-year assets rose from $54M in the plan year 2022 filing to $78M in the plan year 2023 filing.
  • Drake-Williams Steel, Inc. Employee Stock Ownership Plan reported participants rose from 223 in the plan year 2022 filing to 234 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 470145871 · Drake-Williams Steel, Inc. PY 2023 · ESOP

Drake-Williams Steel, Inc. Employee Stock Ownership Plan · $78M · 234 · 89th

  • NET $78M
  • NET 234
  • NET 89th
  • NET ESOP
  • NET near Honeywell Puerto Rico Savings Plan
  • NET ind #15803

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 Nebraska →

Drake-Williams Steel, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Teichert, Inc. Stock Bonus PlanTeichert, Inc. Stock Bonus P…$78MMccreary Modern, Inc. Employee Stock Ownership PlanMccreary Modern, Inc. Employ…$78MDrake-Williams Steel, Inc. Employee Stock Ownership PlanDrake-Williams Steel, Inc. E…$78MHoneywell Puerto Rico Savings PlanHoneywell Puerto Rico Saving…$78MF.L. Crane & Sons, Inc. Employee Stock Ownership PlanF.L. Crane & Sons, Inc. Empl…$78M
End-of-year total assets ($M) among Drake-Williams Steel, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Nebraska filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$66M
Net Income$17M
Employer EIN470145871
Plan Effective Date2012-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Drake-Williams Steel, Inc.)

Sponsor-wide plan assets over time

All Drake-Williams Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$96M 39.47611643251284% vs 2022
2023 filing year
$60M$70M$80M$90M$100M 20222023 $68.5M $95.6M ▲ +39.5%
Year Plans Participants Total Assets
2022 2 486 $69M
2023 2 513 $96M

Nearby ESOP Plans in Nebraska

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

Drake-Williams Steel, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Nebraska, assets vs. participants Scatter plot of 6 data points. 050010001500 0100200300400500 Total assets ($M) Participants Drake-Williams Steel, Inc. Employee Stock Ownership Plan, Total assets ($M): 78.070805 · Participants: 234Drake-Williams Steel, Inc. Employee Stock Ownership PlanMead Lumber Company Employee Stock Ownership Plan and Trust, Total assets ($M): 392.139506 · Participants: 1316Mead Lumber Company Employee Stock Ownership Plan and TrustTaylor & Martin Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 217.903912 · Participants: 65Taylor & Martin Enterprises, Inc. Employee Stock Ownership PlanCommonwealth Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 147.784876 · Participants: 214Commonwealth Holdings, Inc. Employee Stock Ownership PlanBuilders Supply Co. , Inc. Employee Stock Ownership Plan, Total assets ($M): 118.345407 · Participants: 242Builders Supply Co. , Inc. Employee Stock Ownership PlanMajors Plastics, Inc. Employee Stock Ownership Plan, Total assets ($M): 95.323024 · Participants: 386Majors Plastics, Inc. Employee Stock Ownership Plan
Drake-Williams Steel, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Nebraska, assets vs. participants
Compare Drake-Williams Steel, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Drake-Williams Steel, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Nebraska, the nearest ESOP by assets is Honeywell Puerto Rico Savings Plan in NC ($78M); by covered participants it is Mid-America Apartment Communities, Inc. Employees' Stock Ownership Plan in TN (234 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (234 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 Drake-Williams Steel, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Drake-Williams Steel, Inc. Employee Stock Ownership Plan surged - up 44.2% during 2023, from $54M to $78M. Reported net income was $17M.
How have Drake-Williams Steel, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Drake-Williams Steel, Inc.'s sponsor-wide assets grew 39.5%, from $69M to $96M.
Where does Drake-Williams Steel, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Drake-Williams Steel, Inc. Employee Stock Ownership Plan ranks in the 89th 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 Drake-Williams Steel, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Honeywell Puerto Rico Savings Plan in NC ($78M, 1,012 participants).
Which ESOP plans cover a similar participant headcount to Drake-Williams Steel, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mid-America Apartment Communities, Inc. Employees' Stock Ownership Plan in TN (234 participants, $17M 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 470145871.

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.