ESOP · DOL Form 5500 · 2024

Gray, Inc. ESOP

Data updated 2026-08-11

$177M
Total assets
1,534
Participants
94th
Percentile by assets
$115,640
Avg per participant
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Official DOL plan name: Gray, Inc. Employee Stock Ownership Plan · Sponsored by Gray, Inc. · Kentucky · Construction

$177M in assets, 1,534 participants

Gray, Inc.'s Gray, Inc. Employee Stock Ownership Plan reported $177M in total assets and 1,534 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 123,622 plans)
  • #8,369 in Construction (9,039 peers)

Coverage in Kentucky

Gray, Inc. Employee Stock Ownership Plan covers 1,534 participants in Kentucky, 2.4x the typical Kentucky plan (state average ~647 per filing). Assets: $177M.

$177M
total plan assets (2024 EOY)
1,534
covered participants
94th
percentile by assets (of 123,622 plans)
$115,640
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gray, Inc. Employee Stock Ownership Plan reported net income rose from $13M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Gray, Inc. Employee Stock Ownership Plan end-of-year assets rose from $127M in the plan year 2023 filing to $177M in the plan year 2024 filing.
  • Gray, Inc. Employee Stock Ownership Plan reported participants rose from 1,362 in the plan year 2023 filing to 1,534 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 647 participants across 1,300 plans. Gray, Inc. Employee Stock Ownership Plan reports 1,534 participants - 2.4x that state average ($177M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$177M
Net Income$51M
Employer EIN610990547
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gray, Inc.)

$100M$120M$140M$160M$180M$200M 202220232024 $113M $177M ▲ +56.7%
Total plan assets by year, all Gray, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,269 $113M
2023 1 1,362 $127M
2024 1 1,534 $177M

Nearby ESOP Plans in Kentucky

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

Gray, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants

Gray, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. 0200040006000800010000 -10123 Total assets ($B) Participants Gray, Inc. Employee …Houchens Industries,…Stock Yards Bank & T…Interstate Personnel…H & R Agri-Power Emp…Kentuckiana Comfort …
Gray, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Gray, Inc. Employee Stock Ownership Plan assets move in 2024?
Gray, Inc. Employee Stock Ownership Plan surged - up 40.2% during 2024, from $127M to $177M. Reported net income was $51M.
How have Gray, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Gray, Inc.'s sponsor-wide assets grew 56.7%, from $113M to $177M.
Where does Gray, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Gray, Inc. Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Gray, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Lt Corporation & Affiliates Employee Stock Ownership Plan in MS ($179M, 499 participants).

Next read for Gray, Inc. Employee Stock Ownership Plan

Filing takeaways

Ways to act on Gray, Inc. Employee Stock Ownership Plan's numbers.