ESOP · DOL Form 5500 · 2024

Jaftex Corporation ESOP

Data updated 2026-08-11

$13M
Total assets
80
Participants
61st
Percentile by assets
$161,375
Avg per participant
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Official DOL plan name: Jaftex Corporation Employee Stock Ownership Plan · Sponsored by Jaftex Corporation · New York · Manufacturing

$13M in assets, 80 participants

Jaftex Corporation's Jaftex Corporation Employee Stock Ownership Plan reported $13M in total assets and 80 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • 61st percentile by assets (of 123,622 plans)
  • #8,589 in Manufacturing (17,777 peers)

Jaftex Corporation multi-year trail

Jaftex Corporation's plans moved -21.9% in assets from 2023 to 2024; this filing shows Jaftex Corporation Employee Stock Ownership Plan at $13M / 80 participants.

$13M
total plan assets (2024 EOY)
80
covered participants
61st
percentile by assets (of 123,622 plans)
$161,375
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Jaftex Corporation Employee Stock Ownership Plan sits by total assets

Jaftex Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$12,910,000 Top 39% higher than 61% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Jaftex Corporation Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Jaftex Corporation Employee Stock Ownership Plan end-of-year assets fell from $17M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Jaftex Corporation Employee Stock Ownership Plan reported participants fell from 91 in the plan year 2023 filing to 80 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Jaftex Corporation across 2 plan years on file

Across the 2 plan years Jaftex Corporation has on file (2023-2024), sponsor-wide plan assets have moved from $17M to $13M, a decline of 21.9%, while reported participants moved from 91 to 80 (-12.1%).

Jaftex Corporation multi-year asset trail

$12M$14M$16M$18M 20232024 $16.5M $12.9M ▼ -21.9%
Total plan assets by year, all Jaftex Corporation plans on file
Year Plans Participants Total Assets
2023 1 91 $17M
2024 1 80 $13M

Jaftex Corporation filing trail (2024)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)-$6M
Net Income-$1M
Employer EIN135081520
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New York

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

Jaftex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Jaftex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Jaftex Corporation E…Stewart's Shops Corp…North Coast Holdings…Griffon Corporation …Greenman-Pedersen, I…Marshall & Sterling …
Jaftex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Jaftex Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Jaftex Corporation Employee Stock Ownership Plan assets move in 2024?
Jaftex Corporation Employee Stock Ownership Plan declined sharply - down 21.9% during 2024, from $17M to $13M. Reported net income was -$1M.
How have Jaftex Corporation plan assets changed over time?
Across 2 plan years on file (2023-2024), Jaftex Corporation's sponsor-wide assets declined 21.9%, from $17M to $13M.
Which ESOP plans are similar in size to Jaftex Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Rebling Plastics Employee Stock Ownership Plan in PA ($13M, 42 participants).

Next read for Jaftex Corporation Employee Stock Owners…

Multi-year trail

Ways to act on Jaftex Corporation Employee Stock Ownership Plan's numbers.