ESOP · DOL Form 5500 · 2024

Garland Industries, Inc ESOP

Data updated 2026-08-25

$2.0B
Total assets Very large vs avg
1,118
Participants Near avg headcount
99th
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Garland Industries, Inc. Employee Stock Ownership Plan & Trust · Sponsored by Garland Industries, Inc · Ohio · Manufacturing

$2.0B in assets, 1,118 participants

Garland Industries, Inc's The Garland Industries, Inc. Employee Stock Ownership Plan & Trust reported $2.0B in total assets and 1,118 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,521 in Manufacturing (17,777 peers)

Where The Garland Industries, Inc. Employee Stock Ownership Plan & Trust sits by assets

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust sits among the largest 1% of all filed plans, $2.0B for 1,118 participants (~$1.8M/participant), up 18.6% in 2024.

#17,521
in Manufacturing (17,777 peers)
+18.6%
assets growth YoY
20×
vs typical plan assets (national mean)

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust's outsized position by total assets

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust vs every filed plan by assets

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

$2,007,916,491 Top 1% higher than 99% 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

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Garland Industries, Inc. Employee Stock Ownership Plan & Trust lands in the large band (1,118 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Garland Industries, Inc. Employee Stock Ownership Plan & Trust end-of-year assets rose from $1.7B in the plan year 2023 filing to $2.0B in the plan year 2024 filing.
  • The Garland Industries, Inc. Employee Stock Ownership Plan & Trust reported participants rose from 1,019 in the plan year 2023 filing to 1,118 in the plan year 2024 filing.
  • The Garland Industries, Inc. Employee Stock Ownership Plan & Trust reported net income rose from $306M in the plan year 2023 filing to $315M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 341115246 · Garland Industries, Inc PY 2024 · ESOP

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust · $2.0B · 1,118 · 99th

  • PHOTO $2.0B
  • IND 1,118
  • EOY 99th
  • 5500 ESOP
  • ASSETS near Kehe Distributors, Inc. Employee Stock Ownership Plan
  • PCT ind #17521

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 Ohio →

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust in the asset neighbourhood

Jasper Holdings, Inc Employee Stock Ownership Plan and TrustJasper Holdings, Inc Employe…$2.2BKehe Distributors, Inc. Employee Stock Ownership PlanKehe Distributors, Inc. Empl…$2.2BThe Garland Industries, Inc. Employee Stock Ownership Plan & TrustThe Garland Industries, Inc.…$2.0BMccarthy Employee Stock Ownership PlanMccarthy Employee Stock Owne…$1.8BBradford White Corporation Employee Stock Ownership Plan and Trust AgreementBradford White Corporation E…$1.8B
End-of-year total assets ($B) among The Garland Industries, Inc. Employee Stock Ownership Plan & Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$2.0B
Net Income$315M
Employer EIN341115246
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Garland Industries, Inc)

Sponsor-wide plan assets over time

All Garland Industries, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2.0B 40.60377735181247% vs 2022
2024 filing year
$1.2B$1.4B$1.6B$1.8B$2B$2.2B 202220232024 $1.43B $2.01B ▲ +40.6%
Year Plans Participants Total Assets
2022 2 2,307 $1.4B
2023 2 2,621 $1.7B
2024 1 1,118 $2.0B

Nearby ESOP Plans in Ohio

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

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants The Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership PlanAllied Mineral Products Employee Stock Ownership Plan, Total assets ($B): 0.404321176 · Participants: 606Allied Mineral Products Employee Stock Ownership Plan
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust vs. nearby ESOP plans in Ohio, assets vs. participants

The Garland Industries, Inc. Employee Stock Ownership Plan & Trust's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Kehe Distributors, Inc. Employee Stock Ownership Plan in IL ($2.2B); by covered participants it is Ulteig, Inc. Employee Stock Ownership Plan in ND (1,117 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,118 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 The Garland Industries, Inc. Employee Stock Ownership Plan & Trust assets move in 2024?
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust grew sharply - up 18.6% during 2024, from $1.7B to $2.0B. Reported net income was $315M.
How have Garland Industries, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Garland Industries, Inc's sponsor-wide assets grew 40.6%, from $1.4B to $2.0B.
Where does The Garland Industries, Inc. Employee Stock Ownership Plan & Trust rank by assets among Form 5500 filers?
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which ESOP plans are similar in size to The Garland Industries, Inc. Employee Stock Ownership Plan & Trust?
Among ESOP plans in other states, the closest by assets is Kehe Distributors, Inc. Employee Stock Ownership Plan in IL ($2.2B, 4,815 participants).
Which ESOP plans cover a similar participant headcount to The Garland Industries, Inc. Employee Stock Ownership Plan & Trust?
Among ESOP plans in other states, the closest by covered participants is Ulteig, Inc. Employee Stock Ownership Plan in ND (1,117 participants, $193M in assets).