ESOP · DOL Form 5500 · 2024

Forjak Industrial Holdings, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
53
Participants Small participant base
29th
Percentile by assets National rank
$37,358
Avg per participant Low balance/head
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Official DOL plan name: Forjak Employee Stock Ownership Plan · Sponsored by Forjak Industrial Holdings, Inc. · Ohio · Construction

$2M in assets, 53 participants

Forjak Industrial Holdings, Inc.'s Forjak Employee Stock Ownership Plan reported $2M in total assets and 53 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,507 in Construction (9,039 peers)

2024 asset change

Forjak Employee Stock Ownership Plan contracted severely 34.6% in 2024 ($3M → $2M) for 53 participants.

#2,507
in Construction (9,039 peers)
-34.6%
assets change YoY

The plan reported a net loss of $143K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Forjak Employee Stock Ownership Plan among the smaller filed plans by assets

Forjak Employee Stock Ownership Plan vs every filed plan by assets

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

$1,980,000 29th percentile higher than 29% 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

Forjak 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. Forjak Employee Stock Ownership Plan is a small filing (53 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 931911347 · Forjak Industrial Holdings, Inc. PY 2024 · ESOP

Forjak Employee Stock Ownership Plan · $2M · 53 · 29th

  • EIN $2M
  • RANK 53
  • PHOTO 29th
  • IND ESOP
  • EOY near Talley Management Group Employee Stock Ownership Plan
  • 5500 ind #2507

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 Ohio →

Forjak Employee Stock Ownership Plan in the asset neighbourhood

Codecraft, Inc. Employee Stock Ownership Plan and TrustCodecraft, Inc. Employee Sto…$2MForjak Employee Stock Ownership PlanForjak Employee Stock Owners…$2MTalley Management Group Employee Stock Ownership PlanTalley Management Group Empl…$2MCoast Heat Treating Company Employee Stock Ownership PlanCoast Heat Treating Company …$2MHeritage Homes Employee Stock Ownership PlanHeritage Homes Employee Stoc…$2M
End-of-year total assets ($M) among Forjak Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

2024 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$20M
Net Income-$143K
Employer EIN931911347
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Forjak Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Forjak Employee Stock Ownership Plan, Total assets ($B): 0.00198 · Participants: 53Forjak Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Forjak Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

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

Outside Ohio, the nearest ESOP by assets is Talley Management Group Employee Stock Ownership Plan in NJ ($2M); by covered participants it is Crawford Investment Counsel, Inc. Employee Stock Ownership Plan in GA (53 participants). Same-state nearby plans are listed separately above.

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 Forjak Employee Stock Ownership Plan assets move in 2024?
Forjak Employee Stock Ownership Plan contracted severely - down 34.6% during 2024, from $3M to $2M. Reported net income was -$143K.
Which ESOP plans are similar in size to Forjak Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Talley Management Group Employee Stock Ownership Plan in NJ ($2M, 66 participants).
Which ESOP plans cover a similar participant headcount to Forjak Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Crawford Investment Counsel, Inc. Employee Stock Ownership Plan in GA (53 participants, $8M in assets).