ESOP · DOL Form 5500 · 2024

I.E. Shaffer & Co. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
67
Participants Small participant base
48th
Percentile by assets National rank
$102,985
Avg per participant Below avg balance/head
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Official DOL plan name: I.E. Shaffer & Co. Employee Stock Ownership Plan · Sponsored by I.E. Shaffer & Co. · New Jersey · Professional & Technical Services

$7M in assets, 67 participants

I.E. Shaffer & Co.'s I.E. Shaffer & Co. Employee Stock Ownership Plan reported $7M in total assets and 67 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

  • #9,301 in Professional & Technical Services (20,173 peers)

2024 asset change

I.E. Shaffer & Co. Employee Stock Ownership Plan grew sharply 27.8% in 2024 ($5M → $7M) for 67 participants.

#9,301
in Professional & Technical Services (20,173 peers)
+27.8%
assets growth YoY

I.E. Shaffer & Co. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

I.E. Shaffer & Co. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,900,000 48th percentile higher than 48% 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

I.E. Shaffer & Co. 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. I.E. Shaffer & Co. Employee Stock Ownership Plan is a small filing (67 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • I.E. Shaffer & Co. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • I.E. Shaffer & Co. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • I.E. Shaffer & Co. Employee Stock Ownership Plan reported participants rose from 61 in the plan year 2023 filing to 67 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 221750854 · I.E. Shaffer & Co. PY 2024 · ESOP

I.E. Shaffer & Co. Employee Stock Ownership Plan · $7M · 67 · 48th

  • IND $7M
  • IND 67
  • IND 48th
  • IND ESOP
  • IND near Terra Dynamics Inc ESOP
  • IND ind #9301

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 New Jersey →

I.E. Shaffer & Co. Employee Stock Ownership Plan in the asset neighbourhood

First National Bank of Clarksdale Employee Stock Ownership PlanFirst National Bank of Clark…$7MI.E. Shaffer & Co. Employee Stock Ownership PlanI.E. Shaffer & Co. Employee …$7MTerra Dynamics Inc ESOP$7MSaver Group, Inc. Employee Stock Ownership PlanSaver Group, Inc. Employee S…$7MM & H Crates, Inc. Employee Stock Ownership PlanM & H Crates, Inc. Employee …$7M
End-of-year total assets ($M) among I.E. Shaffer & Co. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

I.E. Shaffer & Co. years around the 2024 move

Sponsor-wide plan assets over time

All I.E. Shaffer & Co. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 1.3277815085378837% vs 2022
2024 filing year
$26.5M$27M$27.5M$28M$28.5M 202220232024 $27M $26.7M ▼ -1.3%
Year Plans Participants Total Assets
2022 2 121 $27M
2023 2 123 $28M
2024 2 134 $27M

2024 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN221750854
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Jersey

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

I.E. Shaffer & Co. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400500 Total assets ($M) Participants I.E. Shaffer & Co. Employee Stock Ownership Plan, Total assets ($M): 6.9 · Participants: 67I.E. Shaffer & Co. Employee Stock Ownership PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 446.25 · Participants: 1176Okonite Company Employees Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 302.820247 · Participants: 1275Conair LLC Savings and Investment PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 280.534757 · Participants: 1740Mathematica Group Holding Inc. Employee Stock Ownership PlanAmboy Bancorporation Employee Stock Ownership Plan, Total assets ($M): 105.2481 · Participants: 199Amboy Bancorporation Employee Stock Ownership PlanRailroad Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 87.816327 · Participants: 144Railroad Construction Company, Inc. Employee Stock Ownership Plan
I.E. Shaffer & Co. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare I.E. Shaffer & Co. Employee Stock Ownership Plan side-by-side with 3 peers →

I.E. Shaffer & Co. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Jersey, the nearest ESOP by assets is Terra Dynamics Inc ESOP in TX ($7M); by covered participants it is American Bank Employee Stock Ownership Plan in PA (67 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (67 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 I.E. Shaffer & Co. Employee Stock Ownership Plan assets move in 2024? ▼
I.E. Shaffer & Co. Employee Stock Ownership Plan grew sharply - up 27.8% during 2024, from $5M to $7M. Reported net income was $2M.
How have I.E. Shaffer & Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), I.E. Shaffer & Co.'s sponsor-wide assets declined 1.3%, from $27M to $27M.
Which ESOP plans are similar in size to I.E. Shaffer & Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Terra Dynamics Inc ESOP in TX ($7M, 15 participants).
Which ESOP plans cover a similar participant headcount to I.E. Shaffer & Co. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is American Bank Employee Stock Ownership Plan in PA (67 participants, $768K 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 221750854.

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.