ESOP · DOL Form 5500 · 2024

Building Plastics, Inc. ESOP

Data updated 2026-08-11

$52M
Total assets
395
Participants
85th
Percentile by assets
$130,386
Avg per participant
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Official DOL plan name: Building Plastics, Inc. Employee Stock Ownership Plan · Sponsored by Building Plastics, Inc. · Tennessee · Manufacturing

$52M in assets, 395 participants

Building Plastics, Inc.'s Building Plastics, Inc. Employee Stock Ownership Plan reported $52M in total assets and 395 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 123,622 plans)
  • #13,845 in Manufacturing (17,777 peers)

Coverage in Tennessee

Building Plastics, Inc. Employee Stock Ownership Plan covers 395 participants in Tennessee, about 35% of the average Tennessee filer (state average ~1,126 per filing). Assets: $52M.

$52M
total plan assets (2024 EOY)
395
covered participants
85th
percentile by assets (of 123,622 plans)
$130,386
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Building Plastics, Inc. Employee Stock Ownership Plan reported net income fell from $7M in the plan year 2023 filing to $992K in the plan year 2024 filing.
  • Building Plastics, Inc. Employee Stock Ownership Plan reported participants rose from 368 in the plan year 2023 filing to 395 in the plan year 2024 filing.
  • Building Plastics, Inc. Employee Stock Ownership Plan end-of-year assets rose from $51M in the plan year 2023 filing to $52M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Building Plastics, Inc. Employee Stock Ownership Plan reports 395 participants - about 35% of that state average ($52M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$52M
Net Income$992K
Employer EIN621073161
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Building Plastics, Inc.)

$65M$70M$75M$80M$85M$90M 202220232024 $71.3M $87.3M ▲ +22.3%
Total plan assets by year, all Building Plastics, Inc. plans on file
Year Plans Participants Total Assets
2022 2 782 $71M
2023 2 816 $83M
2024 2 847 $87M

Nearby ESOP Plans in Tennessee

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

Building Plastics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Building Plastics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 050010001500 0100200300400500 Total assets ($M) Participants Building Plastics, I…Barr Brands Internat…Zander Group Holding…National Health Corp…3ls, Inc. Employee S…Smith Seckman Reid, …
Building Plastics, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Building Plastics, Inc. Employee Stock Ownership Plan assets move in 2024?
Building Plastics, Inc. Employee Stock Ownership Plan edged up modestly - up 2.0% during 2024, from $51M to $52M. Reported net income was $992K.
How have Building Plastics, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Building Plastics, Inc.'s sponsor-wide assets grew 22.3%, from $71M to $87M.
Where does Building Plastics, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Building Plastics, Inc. Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Building Plastics, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Boston, Inc. Employee Stock Ownership Plan in WI ($52M, 500 participants).

Next read for Building Plastics, Inc. Employee Stock O…

Filing takeaways

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

  • By total assets, Building Plastics, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
  • Building Plastics, Inc.'s sponsor-wide assets have grown 22.3% since 2022 across 3 plan years on file. More Manufacturing plans