ESOP · DOL Form 5500 · 2024

Glass Systems, Inc ESOP

Data updated 2026-08-11

$27M
Total assets
76
Participants
76th
Percentile by assets
$358,431
Avg per participant
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Official DOL plan name: Glass Systems, Inc. Employee Stock Ownership Plan · Sponsored by Glass Systems, Inc · Georgia · Construction

$27M in assets, 76 participants

Glass Systems, Inc's Glass Systems, Inc. Employee Stock Ownership Plan reported $27M in total assets and 76 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • 76th percentile by assets (of 123,622 plans)
  • #6,723 in Construction (9,039 peers)

Where Glass Systems, Inc. Employee Stock Ownership Plan sits by assets

Glass Systems, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $27M for 76 participants (~$358,431/participant), up 45.1% in 2024.

$27M
total plan assets (2024 EOY)
76
covered participants
76th
percentile by assets (of 123,622 plans)
$358,431
avg assets per participant

Where Glass Systems, Inc. Employee Stock Ownership Plan sits by total assets

Glass Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$27,240,732 Top 24% higher than 76% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Glass Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Glass Systems, Inc. Employee Stock Ownership Plan reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Glass Systems, Inc. Employee Stock Ownership Plan reported participants fell from 82 in the plan year 2023 filing to 76 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Georgia
Industry
Construction

Glass Systems, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Glass Systems, Inc. Employee Stock Ownership Plan outranks 76% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$27M
Net Income$8M
Employer EIN581586324
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Glass Systems, Inc)

$0M$10M$20M$30M 202220232024 $9.28M $27.3M ▲ +193.8%
Total plan assets by year, all Glass Systems, Inc plans on file
Year Plans Participants Total Assets
2022 2 102 $9M
2023 2 82 $19M
2024 2 76 $27M

Nearby ESOP Plans in Georgia

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

Glass Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Glass Systems, Inc. …, Total assets ($M): 27.240732 · Participants: 76Glass Systems, Inc. …Warehouse Home Furni…, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furni…Choate Construction …, Total assets ($M): 548.082498 · Participants: 494Choate Construction …Brent Scarbrough & C…, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & C…Aubrey Silvey Enterp…, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterp…Dixie Plywood and Lu…, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lu…
Glass Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Glass Systems, Inc. Employee Stock Owner… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Glass Systems, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Glass Systems, Inc. Employee Stock Ownership Plan surged - up 45.1% during 2024, from $19M to $27M. Reported net income was $8M.
How have Glass Systems, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Glass Systems, Inc's sponsor-wide assets grew 193.6%, from $9M to $27M.
Where does Glass Systems, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Glass Systems, Inc. Employee Stock Ownership Plan ranks in the 76th 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 Glass Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lafayette Group, Inc. Employee Stock Ownership Plan in VA ($27M, 241 participants).

Next read for Glass Systems, Inc. Employee Stock Owner…

Scale reading

Ways to act on Glass Systems, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Glass Systems, 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 Georgia. Compare plans
  • Glass Systems, Inc's sponsor-wide assets have grown 193.6% since 2022 across 3 plan years on file. More Construction 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 581586324.

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.