ESOP · DOL Form 5500 · 2024
Granco Clark, Inc. ESOP
Data updated 2026-08-25
- $12M
- Total assets Small plan by assets
- 88
- Participants Small participant base
- 59th
- Percentile by assets National rank
- $131,257
- Avg per participant Near avg balance/head
Official DOL plan name: Granco Clark Employee Stock Ownership Plan · Sponsored by Granco Clark, Inc. · Michigan · Manufacturing
$12M in assets, 88 participants
Granco Clark, Inc.'s Granco Clark Employee Stock Ownership Plan reported $12M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.
- #8,070 in Manufacturing (17,777 peers)
What the 2024 filing shows
Granco Clark Employee Stock Ownership Plan holds $12M for 88 participants - about $131,257 per participant, above the median plan by assets.
- #8,070
- in Manufacturing (17,777 peers)
- -0.6%
- assets change YoY
The plan reported a net loss of $128K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Granco Clark Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers
Granco Clark Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$11,550,652 Top 41% higher than 59% 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
Granco Clark Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Granco Clark Employee Stock Ownership Plan is a small filing (88 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Granco Clark Employee Stock Ownership Plan reported net income fell from $727K in the plan year 2023 filing to -$128K in the plan year 2024 filing.
- Granco Clark Employee Stock Ownership Plan reported participants fell from 91 in the plan year 2023 filing to 88 in the plan year 2024 filing.
DOL schedule card
Filing strip 382389546 · Granco Clark, Inc. PY 2024 · ESOP
Granco Clark Employee Stock Ownership Plan · $12M · 88 · 59th
- BOY $12M
- BOY 88
- BOY 59th
- BOY ESOP
- BOY near Sunhillo Corporation Employee Stock Ownership Plan
- BOY ind #8070
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 Michigan →
Granco Clark Employee Stock Ownership Plan in the asset neighbourhood
Filing particulars (2024)
| Total Assets (Beginning of Year) | $12M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | -$128K |
| Employer EIN | 382389546 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Granco Clark, Inc.)
Sponsor-wide plan assets over time
All Granco Clark, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $18M 5.884749625854504% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 252 | $17M |
| 2023 | 2 | 218 | $18M |
| 2024 | 2 | 212 | $18M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
- The Kendall Group Employee Stock Ownership Plan $900M · 1,936
- Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
- Motor City Electric Co. Employee Stock Ownership Plan $410M · 218
- Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
Granco Clark Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Sunhillo Corporation Employee Stock Ownership Plan in NJ ($12M); by covered participants it is Lake Elmo Bank Employee Stock Ownership Plan in MN (88 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($12M here).
- Sunhillo Corporation Employee Stock Ownership Plan (NJ) $12M · 47
- Carithers-Wallace-Courtenay Holdings, Inc. Employee Stock Ownership Plan (GA) $12M · 81
- Environmental Incentives, Inc. Employee Stock Ownership Plan (CA) $12M · 117
- Neighborhood Ltc Pharmacy, Inc. Employee Stock Ownership Plan (NE) $12M · 62
Similar participant headcount
Nearest other-state filings by covered participants (88 participants); asset peers above are excluded.
- Lake Elmo Bank Employee Stock Ownership Plan (MN) 88 · 0 off
- Riverwood Bank Employee Stock Ownership Plan (MN) 88 · 0 off
- Jkj Employee Stock Ownership Plan (PA) 88 · 0 off
- Kemp Bros. Construction, Inc. ESOP (CA) 88 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.