ESOP · DOL Form 5500 · 2024

General Engineering Co. of Virginia ESOP

Data updated 2026-08-11

$46M
Total assets: 193
Participants: 83rd
Percentile by assets: $238,968
Avg per participant

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.

83rd percentile by assets (of 123,622 plans)
#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.

$46M
total plan assets (2024 EOY): 193
covered participants: 83rd
percentile by assets (of 123,622 plans): $238,968
avg assets per participant

Where General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust sits 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

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 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 →

State

Virginia

Industry

Manufacturing

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust reports 193 participants - about 25% of that state average ($46M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$37M
Net Assets (End of Year)	$39M
Net Income	$10M
Employer EIN	540912795
Plan Effective Date	1971-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (General Engineering Co. of Virginia)

Total plan assets by year, all General Engineering Co. of Virginia plans on file

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

Nvr, Inc. Employee Stock Ownership Plan $1.3B · 6,515
Delta Star Employee Stock Ownership Plan $447M · 222
Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $407M · 1,962
The Resorts Companies, Inc. Employee Stock Ownership Plan $386M · 1,811
New River Electrical Corporation Employee Stock Ownership Plan $380M · 458

Compare General Engineering Co. of Virginia Empl… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust by total assets, not by location.

The Management Association, Inc. ESOP (CA) $46M · 562
Ross Industries, Inc. Employee Stock Ownership Plan & Trust (NY) $46M · 128
Career Strategies, Inc. Employee Stock Ownership Plan (TX) $46M · 102
I.E. Holding Company, Inc. Employee Stock Ownership Plan and Trust (ND) $46M · 154

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).

Next read for General Engineering Co. of Virginia Empl…

Filing takeaways

Ways to act on General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust's numbers.

By total assets, General Engineering Co. of Virginia Employee Stock Ownership Plan and Trust 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 Virginia. Compare plans
General Engineering Co. of Virginia's sponsor-wide assets have grown 70.7% since 2022 across 3 plan years on file. More Manufacturing plans

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.