ESOP · DOL Form 5500 · 2024

United Forming, Inc. ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
135
Participants Small participant base
73rd
Percentile by assets National rank
$174,365
Avg per participant Above avg balance/head
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Official DOL plan name: United Forming, Inc. Employee Stock Ownership Plan · Sponsored by United Forming, Inc. · Georgia · Construction

$24M in assets, 135 participants

United Forming, Inc.'s United Forming, Inc. Employee Stock Ownership Plan reported $24M in total assets and 135 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,510 in Construction (9,039 peers)

Coverage in Georgia

United Forming, Inc. Employee Stock Ownership Plan covers 135 participants in Georgia, about 12% of the average Georgia filer (state average ~1,096 per filing). Assets: $24M.

#6,510
in Construction (9,039 peers)
+26.3%
assets growth YoY

United Forming, Inc. Employee Stock Ownership Plan's outsized position by total assets

United Forming, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$23,539,305 Top 27% higher than 73% 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

United Forming, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. United Forming, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (135 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • United Forming, Inc. Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • United Forming, Inc. Employee Stock Ownership Plan reported participants fell from 325 in the plan year 2023 filing to 135 in the plan year 2024 filing.
  • United Forming, Inc. Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 581604050 · United Forming, Inc. PY 2024 · ESOP

United Forming, Inc. Employee Stock Ownership Plan · $24M · 135 · 73rd

  • PCT $24M
  • EIN 135
  • RANK 73rd
  • PHOTO ESOP
  • IND near Kesslers Diamond Center Inc. Employee Stock Ownership Plan
  • EOY ind #6510

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 Georgia →

United Forming, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Abrasives Incorporated Employee Stock Ownership PlanAbrasives Incorporated Emplo…$24MH. M. Cragg Co. Employee Stock Ownership Plan and TrustH. M. Cragg Co. Employee Sto…$24MKesslers Diamond Center Inc. Employee Stock Ownership PlanKesslers Diamond Center Inc.…$24MUnited Forming, Inc. Employee Stock Ownership PlanUnited Forming, Inc. Employe…$24MDks Associates Employee Stock Ownership Plan & TrustDks Associates Employee Stoc…$24M
End-of-year total assets ($M) among United Forming, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$15M
Net Income$6M
Employer EIN581604050
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (United Forming, Inc.)

Sponsor-wide plan assets over time

All United Forming, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 3.654341758633058% vs 2022
2024 filing year
$32M$34M$36M$38M$40M$42M 202220232024 $38.4M $39.8M ▲ +3.7%
Year Plans Participants Total Assets
2022 2 319 $38M
2023 2 468 $34M
2024 2 271 $40M

Nearby ESOP Plans in Georgia

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

United Forming, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants United Forming, Inc. Employee Stock Ownership Plan, Total assets ($M): 23.539305 · Participants: 135United Forming, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 548.082498 · Participants: 494Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lumber Company Employee Stock Ownership Plan
United Forming, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare United Forming, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Georgia, the nearest ESOP by assets is Kesslers Diamond Center Inc. Employee Stock Ownership Plan in WI ($24M); by covered participants it is Morley Builders, Inc. Employee Stock Ownership Plan in CA (135 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (135 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 United Forming, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
United Forming, Inc. Employee Stock Ownership Plan grew sharply - up 26.3% during 2024, from $19M to $24M. Reported net income was $6M.
How have United Forming, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), United Forming, Inc.'s sponsor-wide assets grew 3.7%, from $38M to $40M.
Which ESOP plans are similar in size to United Forming, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Kesslers Diamond Center Inc. Employee Stock Ownership Plan in WI ($24M, 139 participants).
Which ESOP plans cover a similar participant headcount to United Forming, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Morley Builders, Inc. Employee Stock Ownership Plan in CA (135 participants, $69M 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 581604050.

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.