ESOP · DOL Form 5500 · 2024

Galorath Incorporated ESOP

Data updated 2026-08-25

$40M
Total assets Below avg plan size
37
Participants Small participant base
82nd
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Galorath Inc Employee Stock Ownership Plan · Sponsored by Galorath Incorporated · California · Professional & Technical Services

$40M in assets, 37 participants

Galorath Incorporated's Galorath Inc Employee Stock Ownership Plan reported $40M in total assets and 37 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #16,559 in Professional & Technical Services (20,173 peers)

Where Galorath Inc Employee Stock Ownership Plan sits by assets

Galorath Inc Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $40M for 37 participants (~$1.1M/participant), up 5.2% in 2024.

#16,559
in Professional & Technical Services (20,173 peers)
+5.2%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Galorath Inc Employee Stock Ownership Plan's outsized position by total assets

Galorath Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$40,365,000 Top 18% higher than 82% 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

Galorath Inc Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Galorath Inc Employee Stock Ownership Plan is a small filing (37 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Galorath Inc Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Galorath Inc Employee Stock Ownership Plan reported participants rose from 35 in the plan year 2023 filing to 37 in the plan year 2024 filing.
  • Galorath Inc Employee Stock Ownership Plan end-of-year assets rose from $38M in the plan year 2023 filing to $40M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 954147891 · Galorath Incorporated PY 2024 · ESOP

Galorath Inc Employee Stock Ownership Plan · $40M · 37 · 82nd

  • 5500 $40M
  • ASSETS 37
  • PCT 82nd
  • EIN ESOP
  • RANK near Johnnys Pizza House, Inc. Employee Stock Ownership Plan
  • PHOTO ind #16559

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 California →

Galorath Inc Employee Stock Ownership Plan in the asset neighbourhood

West Union Trenching, Inc. Employee Stock Ownership PlanWest Union Trenching, Inc. E…$41MWeinbrenner Shoe Company, Inc. Employee Stock Ownership PlanWeinbrenner Shoe Company, In…$40MJohnnys Pizza House, Inc. Employee Stock Ownership PlanJohnnys Pizza House, Inc. Em…$40MGalorath Inc Employee Stock Ownership PlanGalorath Inc Employee Stock …$40MCoborns Incorporated Employee Stock Ownership PlanCoborns Incorporated Employe…$40M
End-of-year total assets ($M) among Galorath Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN954147891
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Galorath Incorporated)

Sponsor-wide plan assets over time

All Galorath Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$40M 15% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $35.1M $40.4M ▲ +15.0%
Year Plans Participants Total Assets
2022 1 37 $35M
2023 1 35 $38M
2024 1 37 $40M

Nearby ESOP Plans in California

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

Galorath Inc Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Galorath Inc Employee Stock Ownership Plan, Total assets ($B): 0.040365 · Participants: 37Galorath Inc Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Galorath Inc Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Galorath Inc Employee Stock Ownership Plan side-by-side with 3 peers →

Galorath Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Johnnys Pizza House, Inc. Employee Stock Ownership Plan in LA ($40M); by covered participants it is Alexander Clark, Inc. Employee Stock Ownership Plan and Trust in ID (37 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (37 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 Galorath Inc Employee Stock Ownership Plan assets move in 2024? ▼
Galorath Inc Employee Stock Ownership Plan grew at a solid clip - up 5.2% during 2024, from $38M to $40M. Reported net income was $2M.
How have Galorath Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Galorath Incorporated's sponsor-wide assets grew 15.0%, from $35M to $40M.
Where does Galorath Inc Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Galorath Inc Employee Stock Ownership Plan ranks in the 82nd 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 Galorath Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Johnnys Pizza House, Inc. Employee Stock Ownership Plan in LA ($40M, 417 participants).
Which ESOP plans cover a similar participant headcount to Galorath Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Alexander Clark, Inc. Employee Stock Ownership Plan and Trust in ID (37 participants, $5M 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 954147891.

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.