ESOP · DOL Form 5500 · 2024

General Engineering Co. of Virginia ESOP

Data updated 2026-08-25

$46M
Total assets Below avg plan size
193
Participants Below avg headcount
83rd
Percentile by assets National rank
$238,968
Avg per participant Above avg balance/head
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Official DOL plan name: General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust · Sponsored by General Engineering Co. of Virginia · Virginia · Manufacturing

$46M in assets, 193 participants

General Engineering Co. of Virginia's General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust reported $46M in total assets and 193 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #13,553 in Manufacturing (17,777 peers)

Coverage in Virginia

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust covers 193 participants in Virginia, about 25% of the average Virginia filer (state average ~782 per filing). Assets: $46M.

#13,553
in Manufacturing (17,777 peers)
+25.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust's outsized position by total assets

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$46,120,785 Top 17% higher than 83% of 123,620 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 2024

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (193 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust reported net income rose from $2M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust end-of-year assets rose from $37M in the plan year 2023 filing to $46M in the plan year 2024 filing.
  • General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust reported participants rose from 170 in the plan year 2023 filing to 193 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 540912795 · General Engineering Co. of Virginia PY 2024 · ESOP

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust · $46M · 193 · 83rd

  • PART $46M
  • TYPE 193
  • NET 83rd
  • BOOK ESOP
  • VS-ST near The Management Association, Inc. ESOP
  • BOY ind #13553

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 Virginia →

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust in the asset neighbourhood

I.E. Holding Company, Inc. Employee Stock Ownership Plan and TrustI.E. Holding Company, Inc. E…$46MCareer Strategies, Inc. Employee Stock Ownership PlanCareer Strategies, Inc. Empl…$46MThe Management Association, Inc. ESOPThe Management Association, …$46MGeneral Engineering Co. of Virginia Employee Stock Ownership Plan and TrustGeneral Engineering Co. of V…$46MRoss Industries, Inc. Employee Stock Ownership Plan & TrustRoss Industries, Inc. Employ…$46M
End-of-year total assets ($M) among General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$39M
Net Income$10M
Employer EIN540912795
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Engineering Co. of Virginia)

Sponsor-wide plan assets over time

All General Engineering Co. of Virginia plans reported in each filing year

Latest sponsor-wide plan assets
$46M 70.68324910833213% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $27M $46.1M ▲ +70.7%
Year Plans Participants Total Assets
2022 1 163 $27M
2023 1 170 $37M
2024 1 193 $46M

Nearby ESOP Plans in Virginia

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

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust, Total assets ($B): 0.046120785 · Participants: 193General Engineering Co. of Virginia Employee Stock Ownership Plan and TrustNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership Plan
General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants
Compare General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is The Management Association, Inc. ESOP in CA ($46M); by covered participants it is Poblocki Paving Corp. Employee Stock Ownership Plan in WI (193 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (193 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust assets move in 2024? ▼
General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust grew sharply - up 25.6% during 2024, from $37M to $46M. Reported net income was $10M.
How have General Engineering Co. of Virginia plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Engineering Co. of Virginia's sponsor-wide assets grew 70.7%, from $27M to $46M.
Where does General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is The Management Association, Inc. ESOP in CA ($46M, 562 participants).
Which ESOP plans cover a similar participant headcount to General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Poblocki Paving Corp. Employee Stock Ownership Plan in WI (193 participants, $29M in assets).

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 540912795.

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.