ESOP · DOL Form 5500 · 2023

Desco Industries, Inc. ESOP

Data updated 2026-08-25

$58M
Total assets Below avg plan size
304
Participants Below avg headcount
87th
Percentile by assets National rank
$189,220
Avg per participant Above avg balance/head
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Official DOL plan name: Desco Industries, Inc. Employee Stock Ownership Plan · Sponsored by Desco Industries, Inc. · California · Manufacturing

$58M in assets, 304 participants

Desco Industries, Inc.'s Desco Industries, Inc. Employee Stock Ownership Plan reported $58M in total assets and 304 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,146 in Manufacturing (18,722 peers)

Coverage in California

Desco Industries, Inc. Employee Stock Ownership Plan covers 304 participants in California, about 48% of the average California filer (state average ~630 per filing). Assets: $58M.

#15,146
in Manufacturing (18,722 peers)
+32.2%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Desco Industries, Inc. Employee Stock Ownership Plan's outsized position by total assets

Desco Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$57,522,820 Top 13% higher than 87% 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

Desco Industries, 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. Desco Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (304 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Desco Industries, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Desco Industries, Inc. Employee Stock Ownership Plan end-of-year assets rose from $44M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Desco Industries, Inc. Employee Stock Ownership Plan reported participants fell from 312 in the plan year 2022 filing to 304 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 953368148 · Desco Industries, Inc. PY 2023 · ESOP

Desco Industries, Inc. Employee Stock Ownership Plan · $58M · 304 · 87th

  • PHOTO $58M
  • IND 304
  • EOY 87th
  • 5500 ESOP
  • ASSETS near Woodward Mccoach, Inc. Employee Stock Ownership Plan
  • PCT ind #15146

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 California →

Desco Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bayland Buildings, Inc. Employee Stock Ownership PlanBayland Buildings, Inc. Empl…$58MSynerlink Corp. Employee Stock Ownership PlanSynerlink Corp. Employee Sto…$58MWoodward Mccoach, Inc. Employee Stock Ownership PlanWoodward Mccoach, Inc. Emplo…$58MDesco Industries, Inc. Employee Stock Ownership PlanDesco Industries, Inc. Emplo…$58MVan Horn Automotive Group, Inc. Employee Stock Ownership PlanVan Horn Automotive Group, I…$57M
End-of-year total assets ($M) among Desco Industries, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$57M
Net Income$14M
Employer EIN953368148
Plan Effective Date1994-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Desco Industries, Inc.)

Sponsor-wide plan assets over time

All Desco Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$87M 26.605402978299015% vs 2022
2023 filing year
$60M$70M$80M$90M 20222023 $68.7M $86.9M ▲ +26.6%
Year Plans Participants Total Assets
2022 2 623 $69M
2023 2 607 $87M

Nearby ESOP Plans in California

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

Desco Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Desco Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.05752282 · Participants: 304Desco Industries, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Desco Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

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

Outside California, the nearest ESOP by assets is Woodward Mccoach, Inc. Employee Stock Ownership Plan in PA ($58M); by covered participants it is Fox Bros. Piggly Wiggly, Inc. Employee Stock Ownership Plan in WI (304 participants). Same-state nearby plans are listed separately above.

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 Desco Industries, Inc. Employee Stock Ownership Plan assets move in 2023?
Desco Industries, Inc. Employee Stock Ownership Plan surged - up 32.2% during 2023, from $44M to $58M. Reported net income was $14M.
How have Desco Industries, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Desco Industries, Inc.'s sponsor-wide assets grew 26.6%, from $69M to $87M.
Where does Desco Industries, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Desco Industries, Inc. Employee Stock Ownership Plan ranks in the 87th 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 Desco Industries, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Woodward Mccoach, Inc. Employee Stock Ownership Plan in PA ($58M, 77 participants).
Which ESOP plans cover a similar participant headcount to Desco Industries, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Fox Bros. Piggly Wiggly, Inc. Employee Stock Ownership Plan in WI (304 participants, $27M in assets).