ESOP · DOL Form 5500 · 2023

Gerald H Phipps, Inc. ESOP

Data updated 2026-08-25

$55M
Total assets Below avg plan size
219
Participants Below avg headcount
86th
Percentile by assets National rank
$251,987
Avg per participant Above avg balance/head
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Official DOL plan name: Gerald H. Phipps, Inc. Employees' Stock Ownership Plan · Sponsored by Gerald H Phipps, Inc. · Colorado · Construction

$55M in assets, 219 participants

Gerald H Phipps, Inc.'s Gerald H. Phipps, Inc. Employees' Stock Ownership Plan reported $55M in total assets and 219 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,617 in Construction (9,030 peers)

Where Gerald H. Phipps, Inc. Employees' Stock Ownership Plan sits by assets

Gerald H. Phipps, Inc. Employees' Stock Ownership Plan sits in the top quartile of all filed plans by assets, $55M for 219 participants (~$251,987/participant), up 14.2% in 2023.

#7,617
in Construction (9,030 peers)
+14.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Gerald H. Phipps, Inc. Employees' Stock Ownership Plan's outsized position by total assets

Gerald H. Phipps, Inc. Employees' Stock Ownership Plan vs every filed plan by assets

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

$55,185,126 Top 14% higher than 86% 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

Gerald H. Phipps, Inc. Employees' 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. Gerald H. Phipps, Inc. Employees' Stock Ownership Plan sits mid-pack in the medium band (219 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gerald H. Phipps, Inc. Employees' Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Gerald H. Phipps, Inc. Employees' Stock Ownership Plan end-of-year assets rose from $48M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Gerald H. Phipps, Inc. Employees' Stock Ownership Plan reported participants rose from 208 in the plan year 2022 filing to 219 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 840423359 · Gerald H Phipps, Inc. PY 2023 · ESOP

Gerald H. Phipps, Inc. Employees' Stock Ownership Plan · $55M · 219 · 86th

  • PHOTO $55M
  • IND 219
  • EOY 86th
  • 5500 ESOP
  • ASSETS near Global Vessel & Tank Holdco, Inc. Employee Stock Ownership Plan
  • PCT ind #7617

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 Colorado →

Gerald H. Phipps, Inc. Employees' Stock Ownership Plan in the asset neighbourhood

Tower Products ESOP$55MGlobal Vessel & Tank Holdco, Inc. Employee Stock Ownership PlanGlobal Vessel & Tank Holdco,…$55MGerald H. Phipps, Inc. Employees' Stock Ownership PlanGerald H. Phipps, Inc. Emplo…$55MHills Bank and Trust Employee Stock Ownership PlanHills Bank and Trust Employe…$55MAvion Solutions, Inc. Employee Stock Ownership PlanAvion Solutions, Inc. Employ…$55M
End-of-year total assets ($M) among Gerald H. Phipps, Inc. Employees' Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$54M
Net Income$7M
Employer EIN840423359
Plan Effective Date1965-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gerald H Phipps, Inc.)

Sponsor-wide plan assets over time

All Gerald H Phipps, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$78M 23.38228808089116% vs 2022
2024 filing year
$60M$65M$70M$75M$80M 202220232024 $62.9M $77.6M ▲ +23.4%
Year Plans Participants Total Assets
2022 2 401 $63M
2023 2 431 $72M
2024 2 448 $78M

Nearby ESOP Plans in Colorado

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

Gerald H. Phipps, Inc. Employees' Stock Ownership Plan vs. nearby ESOP plans in Colorado, assets vs. participants Scatter plot of 6 data points. 020040060080010001200 0100200300400500 Total assets ($M) Participants Gerald H. Phipps, Inc. Employees' Stock Ownership Plan, Total assets ($M): 55.185126 · Participants: 219Gerald H. Phipps, Inc. Employees' Stock Ownership PlanAlpine Lumber Company Employee Stock Ownership Plan, Total assets ($M): 385.149702 · Participants: 581Alpine Lumber Company Employee Stock Ownership PlanTrinidad Benham Corp. Employee Stock Ownership Plan, Total assets ($M): 266.310908 · Participants: 776Trinidad Benham Corp. Employee Stock Ownership PlanEnvision Management Holding, Inc. Employee Stock Ownership Plan, Total assets ($M): 211.311494 · Participants: 1075Envision Management Holding, Inc. Employee Stock Ownership PlanBrown Strauss, Inc. Employee Stock Ownership Plan, Total assets ($M): 209.447754 · Participants: 206Brown Strauss, Inc. Employee Stock Ownership PlanHercules Industries, Inc. Employee Stock Ownership Plan, Total assets ($M): 106.310439 · Participants: 444Hercules Industries, Inc. Employee Stock Ownership Plan
Gerald H. Phipps, Inc. Employees' Stock Ownership Plan vs. nearby ESOP plans in Colorado, assets vs. participants
Compare Gerald H. Phipps, Inc. Employees' Stock Ownership Plan side-by-side with 3 peers →

Gerald H. Phipps, Inc. Employees' Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Colorado, the nearest ESOP by assets is Global Vessel & Tank Holdco, Inc. Employee Stock Ownership Plan in LA ($55M); by covered participants it is Concrete Supply Co. Inc. Employee Stock Ownership Plan in GA (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 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 Gerald H. Phipps, Inc. Employees' Stock Ownership Plan assets move in 2023? ▼
Gerald H. Phipps, Inc. Employees' Stock Ownership Plan grew at a solid clip - up 14.2% during 2023, from $48M to $55M. Reported net income was $7M.
How have Gerald H Phipps, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gerald H Phipps, Inc.'s sponsor-wide assets grew 23.4%, from $63M to $78M.
Where does Gerald H. Phipps, Inc. Employees' Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Gerald H. Phipps, Inc. Employees' Stock Ownership Plan ranks in the 86th 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 Gerald H. Phipps, Inc. Employees' Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Global Vessel & Tank Holdco, Inc. Employee Stock Ownership Plan in LA ($55M, 151 participants).
Which ESOP plans cover a similar participant headcount to Gerald H. Phipps, Inc. Employees' Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Concrete Supply Co. Inc. Employee Stock Ownership Plan in GA (219 participants, $52M 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 840423359.

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.