ESOP · DOL Form 5500 · 2024

Generant Company, Inc. ESOP

Data updated 2026-07-24

$32M
Total assets
180
Participants
78th
Percentile by assets
$176,677
Avg per participant
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Official DOL plan name: Generant Company, Inc. Employee Stock Ownership Plan · Sponsored by Generant Company, Inc. · New Jersey · Manufacturing

$32M in assets, 180 participants

Generant Company, Inc.'s Generant Company, Inc. Employee Stock Ownership Plan reported $32M in total assets and 180 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 116,472 plans)

Coverage in New Jersey

Generant Company, Inc. Employee Stock Ownership Plan covers 180 participants in New Jersey, about 21% of the average New Jersey filer (state average ~865 per filing). Assets: $32M.

$32M
total plan assets (2024 EOY)
180
covered participants
78th
percentile by assets (of 116,472 plans)
$176,677
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Generant Company, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $296K in the plan year 2024 filing.
  • Generant Company, Inc. Employee Stock Ownership Plan reported participants fell from 210 in the plan year 2023 filing to 180 in the plan year 2024 filing.
  • Generant Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $32M in the plan year 2023 filing to $32M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Generant Company, Inc. Employee Stock Ownership Plan reports 180 participants - about 21% of that state average ($32M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$24M
Net Income$296K
Employer EIN221730345
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Generant Company, Inc.)

$30M$35M$40M$45M$50M 202220232024 $39.4M $31.8M ▼ -19.3%
Total plan assets by year, all Generant Company, Inc. plans on file
Year Plans Participants Total Assets
2022 2 194 $39M
2023 2 391 $45M
2024 1 180 $32M

Nearby ESOP Plans in New Jersey

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

Generant Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants

Generant Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0100200300400500 Total assets ($M) Participants Generant Company, In…Okonite Company Empl…Conair LLC Savings a…Mathematica Group Ho…Amboy Bancorporation…Railroad Constructio…
Generant Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Generant Company, Inc. Employee Stock Ownership Plan assets move in 2024?
Generant Company, Inc. Employee Stock Ownership Plan held essentially flat - down 0.7% during 2024, from $32M to $32M. Reported net income was $296K.
How have Generant Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Generant Company, Inc.'s sponsor-wide assets declined 19.3%, from $39M to $32M.
Where does Generant Company, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Generant Company, Inc. Employee Stock Ownership Plan ranks in the 78th percentile by end-of-year assets among 116,472 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 Generant Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Weirton Geriatric Center, Inc. Employees' Stock Ownership Plan in WV ($32M, 157 participants).

Next read for Generant Company, Inc. Employee Stock Ow…

Filing takeaways

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

  • By total assets, Generant Company, 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 New Jersey. Compare plans
  • Generant Company, Inc.'s sponsor-wide assets have declined 19.3% since 2022 across 3 plan years on file. More Manufacturing plans

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 221730345.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.