ESOP · DOL Form 5500 · 2024

Engineered Seal Products, Inc. ESOP

Data updated 2026-08-25

$25M
Total assets Small plan by assets
161
Participants Small participant base
74th
Percentile by assets National rank
$153,522
Avg per participant Above avg balance/head
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Official DOL plan name: Engineered Seal Products, Inc. Employee Stock Ownership Plan · Sponsored by Engineered Seal Products, Inc. · Iowa · Manufacturing

$25M in assets, 161 participants

Engineered Seal Products, Inc.'s Engineered Seal Products, Inc. Employee Stock Ownership Plan reported $25M in total assets and 161 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #11,466 in Manufacturing (17,777 peers)

Coverage in Iowa

Engineered Seal Products, Inc. Employee Stock Ownership Plan covers 161 participants in Iowa, about 26% of the average Iowa filer (state average ~609 per filing). Assets: $25M.

#11,466
in Manufacturing (17,777 peers)
-9.1%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Engineered Seal Products, Inc. Employee Stock Ownership Plan's outsized position by total assets

Engineered Seal Products, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$24,717,122 Top 26% higher than 74% 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

Engineered Seal Products, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Engineered Seal Products, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (161 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Engineered Seal Products, Inc. Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Engineered Seal Products, Inc. Employee Stock Ownership Plan end-of-year assets fell from $27M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Engineered Seal Products, Inc. Employee Stock Ownership Plan reported participants rose from 149 in the plan year 2023 filing to 161 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 420993797 · Engineered Seal Products, Inc. PY 2024 · ESOP

Engineered Seal Products, Inc. Employee Stock Ownership Plan · $25M · 161 · 74th

  • EIN $25M
  • RANK 161
  • PHOTO 74th
  • IND ESOP
  • EOY near Kirkwood Holding Inc. Employees' Stock Ownership Trust and Plan
  • 5500 ind #11466

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 Iowa →

Engineered Seal Products, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Security State Corporation Employee Stock Ownership PlanSecurity State Corporation E…$25MAbsher Holding Co. Employee Stock Ownership PlanAbsher Holding Co. Employee …$25MSpirol International Holding Corp ESOP & Mpp PlanSpirol International Holding…$25MEngineered Seal Products, Inc. Employee Stock Ownership PlanEngineered Seal Products, In…$25MKirkwood Holding Inc. Employees' Stock Ownership Trust and PlanKirkwood Holding Inc. Employ…$25M
End-of-year total assets ($M) among Engineered Seal Products, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$19M
Net Income-$2M
Employer EIN420993797
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Engineered Seal Products, Inc.)

Sponsor-wide plan assets over time

All Engineered Seal Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 19.330547590704732% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $29.2M $34.9M ▲ +19.3%
Year Plans Participants Total Assets
2022 2 295 $29M
2023 2 374 $35M
2024 2 398 $35M

Nearby ESOP Plans in Iowa

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

Engineered Seal Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Engineered Seal Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 24.717122 · Participants: 161Engineered Seal Products, Inc. Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Engineered Seal Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Engineered Seal Products, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Engineered Seal Products, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Kirkwood Holding Inc. Employees' Stock Ownership Trust and Plan in OH ($25M); by covered participants it is Pacific Utility Installation, Inc. Employee Stock Ownership Plan in CA (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 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 Engineered Seal Products, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Engineered Seal Products, Inc. Employee Stock Ownership Plan pulled back noticeably - down 9.1% during 2024, from $27M to $25M. Reported net income was -$2M.
How have Engineered Seal Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Engineered Seal Products, Inc.'s sponsor-wide assets grew 19.3%, from $29M to $35M.
Which ESOP plans are similar in size to Engineered Seal Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Kirkwood Holding Inc. Employees' Stock Ownership Trust and Plan in OH ($25M, 148 participants).
Which ESOP plans cover a similar participant headcount to Engineered Seal Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pacific Utility Installation, Inc. Employee Stock Ownership Plan in CA (161 participants, $18M 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 420993797.

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.