ESOP · DOL Form 5500 · 2024

Schenectady Steel Co., Inc. ESOP

Data updated 2026-08-25

$32M
Total assets Below avg plan size
46
Participants Small participant base
78th
Percentile by assets National rank
$694,604
Avg per participant High balance/head
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Official DOL plan name: Schenectady Steel Co., Inc. Employee Stock Ownership Plan · Sponsored by Schenectady Steel Co., Inc. · New York · Manufacturing

$32M in assets, 46 participants

Schenectady Steel Co., Inc.'s Schenectady Steel Co., Inc. Employee Stock Ownership Plan reported $32M in total assets and 46 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.

  • #12,446 in Manufacturing (17,777 peers)

Where Schenectady Steel Co., Inc. Employee Stock Ownership Plan sits by assets

Schenectady Steel Co., Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $32M for 46 participants (~$694,604/participant), up 11.8% in 2024.

#12,446
in Manufacturing (17,777 peers)
+11.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Schenectady Steel Co., Inc. Employee Stock Ownership Plan's outsized position by total assets

Schenectady Steel Co., Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$31,951,772 Top 22% higher than 78% 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

Schenectady Steel Co., 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. Schenectady Steel Co., Inc. Employee Stock Ownership Plan is a small filing (46 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schenectady Steel Co., Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Schenectady Steel Co., Inc. Employee Stock Ownership Plan end-of-year assets rose from $29M in the plan year 2023 filing to $32M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 141309151 · Schenectady Steel Co., Inc. PY 2024 · ESOP

Schenectady Steel Co., Inc. Employee Stock Ownership Plan · $32M · 46 · 78th

  • EBSA $32M
  • PART 46
  • TYPE 78th
  • NET ESOP
  • BOOK near Freedom Industries, Inc. Employee Stock Ownership Plan
  • VS-ST ind #12446

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 New York →

Schenectady Steel Co., Inc. Employee Stock Ownership Plan in the asset neighbourhood

Cramer & Associates, Inc. Employee Stock Ownership PlanCramer & Associates, Inc. Em…$32MGeokon Employee Stock Ownership PlanGeokon Employee Stock Owners…$32MFreedom Industries, Inc. Employee Stock Ownership PlanFreedom Industries, Inc. Emp…$32MSchenectady Steel Co., Inc. Employee Stock Ownership PlanSchenectady Steel Co., Inc. …$32MSite Supply Employee Stock Ownership PlanSite Supply Employee Stock O…$32M
End-of-year total assets ($M) among Schenectady Steel Co., 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)$29M
Net Assets (End of Year)$28M
Net Income$4M
Employer EIN141309151
Plan Effective Date1975-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schenectady Steel Co., Inc.)

Sponsor-wide plan assets over time

All Schenectady Steel Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 30.507113121376484% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $24.5M $32M ▲ +30.5%
Year Plans Participants Total Assets
2022 1 47 $24M
2023 1 46 $29M
2024 1 46 $32M

Nearby ESOP Plans in New York

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

Schenectady Steel Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Schenectady Steel Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 31.951772 · Participants: 46Schenectady Steel Co., Inc. Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 896.840227 · Participants: 3483Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 450.776522 · Participants: 3042North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 306.094988 · Participants: 3209Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 254.362741 · Participants: 1716Greenman-Pedersen, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 234.345888 · Participants: 518Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
Schenectady Steel Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Schenectady Steel Co., Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Schenectady Steel Co., Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Freedom Industries, Inc. Employee Stock Ownership Plan in NC ($32M); by covered participants it is Admix, Inc. Employee Stock Ownership Plan in NH (46 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (46 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 Schenectady Steel Co., Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Schenectady Steel Co., Inc. Employee Stock Ownership Plan grew at a solid clip - up 11.8% during 2024, from $29M to $32M. Reported net income was $4M.
How have Schenectady Steel Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schenectady Steel Co., Inc.'s sponsor-wide assets grew 30.5%, from $24M to $32M.
Where does Schenectady Steel Co., Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Schenectady Steel Co., Inc. Employee Stock Ownership Plan ranks in the 78th 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 Schenectady Steel Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Freedom Industries, Inc. Employee Stock Ownership Plan in NC ($32M, 165 participants).
Which ESOP plans cover a similar participant headcount to Schenectady Steel Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Admix, Inc. Employee Stock Ownership Plan in NH (46 participants, $6M 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 141309151.

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.