ESOP · DOL Form 5500 · 2023

Golden Empire Mfg. Inc. ESOP

Data updated 2026-08-11

$23M
Total assets
103
Participants
75th
Percentile by assets
$225,859
Avg per participant
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Official DOL plan name: Golden Empire Mfg. Inc. Employee Stock Ownership Plan · Sponsored by Golden Empire Mfg. Inc. · Utah · Construction

$23M in assets, 103 participants

Golden Empire Mfg. Inc.'s Golden Empire Mfg. Inc. Employee Stock Ownership Plan reported $23M in total assets and 103 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 127,072 plans)
  • #6,673 in Construction (9,030 peers)

Coverage in Utah

Golden Empire Mfg. Inc. Employee Stock Ownership Plan covers 103 participants in Utah, about 17% of the average Utah filer (state average ~592 per filing). Assets: $23M.

$23M
total plan assets (2023 EOY)
103
covered participants
75th
percentile by assets (of 127,072 plans)
$225,859
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Golden Empire Mfg. Inc. Employee Stock Ownership Plan reported net income rose from -$77M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Golden Empire Mfg. Inc. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Golden Empire Mfg. Inc. Employee Stock Ownership Plan reported participants rose from N/A in the plan year 2022 filing to 103 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Golden Empire Mfg. Inc. Employee Stock Ownership Plan reports 103 participants - about 17% of that state average ($23M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)-$63M
Net Income$14M
Employer EIN820397671
Plan Effective Date2022-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Golden Empire Mfg. Inc.)

$10M$15M$20M$25M 20222023 $12.6M $23.3M ▲ +84.2%
Total plan assets by year, all Golden Empire Mfg. Inc. plans on file
Year Plans Participants Total Assets
2022 1 N/A $13M
2023 1 103 $23M

Nearby ESOP Plans in Utah

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

Golden Empire Mfg. Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants

Golden Empire Mfg. Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants Scatter plot of 6 data points. -2000200400600800 050100150 Total assets ($M) Participants Golden Empire Mfg. I…Whitaker Constructio…Jacobsen Constructio…Rocky Mountain Atv, …Fj Management Inc. E…Central Milling Empl…
Golden Empire Mfg. Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Golden Empire Mfg. Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Golden Empire Mfg. Inc. Employee Stock Ownership Plan assets move in 2023?
Golden Empire Mfg. Inc. Employee Stock Ownership Plan surged - up 84.3% during 2023, from $13M to $23M. Reported net income was $14M.
How have Golden Empire Mfg. Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Golden Empire Mfg. Inc.'s sponsor-wide assets grew 84.3%, from $13M to $23M.
Where does Golden Empire Mfg. Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Golden Empire Mfg. Inc. Employee Stock Ownership Plan ranks in the 75th 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 Golden Empire Mfg. Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Al's Liquor Store Holdings, Inc. Employee Stock Ownership Plan in SC ($23M, 50 participants).

Next read for Golden Empire Mfg. Inc. Employee Stock O…

Filing takeaways

Ways to act on Golden Empire Mfg. Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Golden Empire Mfg. Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Utah. Compare plans
  • Golden Empire Mfg. Inc.'s sponsor-wide assets have grown 84.3% since 2022 across 2 plan years on file. More Construction plans