ESOP · DOL Form 5500 · 2024

Gipe Associates, Inc. ESOP

Data updated 2026-08-25

$16M
Total assets Small plan by assets
35
Participants Small participant base
66th
Percentile by assets National rank
$456,188
Avg per participant High balance/head
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Official DOL plan name: Gipe Associates, Inc. Employee Stock Ownership Plan · Sponsored by Gipe Associates, Inc. · Maryland · Professional & Technical Services

$16M in assets, 35 participants

Gipe Associates, Inc.'s Gipe Associates, Inc. Employee Stock Ownership Plan reported $16M in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #13,080 in Professional & Technical Services (20,173 peers)

Gipe Associates, Inc. multi-year trail

Gipe Associates, Inc.'s plans moved +47.1% in assets from 2022 to 2024; this filing shows Gipe Associates, Inc. Employee Stock Ownership Plan at $16M / 35 participants.

#13,080
in Professional & Technical Services (20,173 peers)
+15.4%
assets growth YoY

Gipe Associates, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Gipe Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$15,966,589 Top 34% higher than 66% 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

Gipe Associates, Inc. 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. Gipe Associates, Inc. Employee Stock Ownership Plan is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gipe Associates, Inc. Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Gipe Associates, Inc. Employee Stock Ownership Plan end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Gipe Associates, Inc. Employee Stock Ownership Plan reported participants rose from 31 in the plan year 2023 filing to 35 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 521164876 · Gipe Associates, Inc. PY 2024 · ESOP

Gipe Associates, Inc. Employee Stock Ownership Plan · $16M · 35 · 66th

  • VS-ST $16M
  • BOY 35
  • SCH 66th
  • EBSA ESOP
  • PART near Bankprov Employee Stock Ownership Plan
  • TYPE ind #13080

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 Maryland →

Gipe Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Allied Motion Technologies Inc. Employees' Stock Ownership PlanAllied Motion Technologies I…$16MGipe Associates, Inc. Employee Stock Ownership PlanGipe Associates, Inc. Employ…$16MBankprov Employee Stock Ownership PlanBankprov Employee Stock Owne…$16MGotham Drywall, Inc. Employee Stock Ownership PlanGotham Drywall, Inc. Employe…$16MAbatix Corp. Employee Stock Ownership PlanAbatix Corp. Employee Stock …$16M
End-of-year total assets ($M) among Gipe Associates, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Gipe Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gipe Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 47.08592500607999% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $10.9M $16M ▲ +47.1%
Year Plans Participants Total Assets
2022 1 32 $11M
2023 1 31 $14M
2024 1 35 $16M

Gipe Associates, Inc. filing trail (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN521164876
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maryland

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

Gipe Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Gipe Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.015966589 · Participants: 35Gipe Associates, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.142811894 · Participants: 1803Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.418966511 · Participants: 3167Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.392391805 · Participants: 1918Kci Technologies, Inc. Employee Stock Ownership PlanLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.283619058 · Participants: 7445Lockheed Martin Corporation Capital Accumulation PlanBrown Capital Management ESOP, Total assets ($B): 0.211360737 · Participants: 35Brown Capital Management ESOP
Gipe Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest ESOP by assets is Bankprov Employee Stock Ownership Plan in MA ($16M); by covered participants it is Micro Craft ESOP in TN (35 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (35 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 Gipe Associates, Inc. Employee Stock Ownership Plan assets move in 2024?
Gipe Associates, Inc. Employee Stock Ownership Plan grew sharply - up 15.4% during 2024, from $14M to $16M. Reported net income was $2M.
How have Gipe Associates, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gipe Associates, Inc.'s sponsor-wide assets grew 47.1%, from $11M to $16M.
Which ESOP plans are similar in size to Gipe Associates, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Bankprov Employee Stock Ownership Plan in MA ($16M, 196 participants).
Which ESOP plans cover a similar participant headcount to Gipe Associates, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Micro Craft ESOP in TN (35 participants, $108 in assets).