ESOP · DOL Form 5500 · 2024

Glass Systems, Inc ESOP

Data updated 2026-08-25

$27M
Total assets Below avg plan size
76
Participants Small participant base
76th
Percentile by assets National rank
$358,431
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#6,723
in Construction (9,039 peers)
+45.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Glass Systems, Inc. Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Glass Systems, 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. Glass Systems, Inc. Employee Stock Ownership Plan is a small filing (76 participants) on this national headcount ladder.

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 →

Published 5500 schedule card

Filing strip 581586324 · Glass Systems, Inc PY 2024 · ESOP

Glass Systems, Inc. Employee Stock Ownership Plan · $27M · 76 · 76th

  • PART $27M
  • TYPE 76
  • NET 76th
  • BOOK ESOP
  • VS-ST near Lafayette Group, Inc. Employee Stock Ownership Plan
  • BOY ind #6723

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 Georgia →

Glass Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Carley Corporation Employee Stock Ownership PlanCarley Corporation Employee …$27MPatterson Pope, Inc Employee Stock Ownership PlanPatterson Pope, Inc Employee…$27MGlass Systems, Inc. Employee Stock Ownership PlanGlass Systems, Inc. Employee…$27MLafayette Group, Inc. Employee Stock Ownership PlanLafayette Group, Inc. Employ…$27MLithographix, Inc. Employee Stock Ownership PlanLithographix, Inc. Employee …$27M
End-of-year total assets ($M) among Glass Systems, 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)$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)

Sponsor-wide plan assets over time

All Glass Systems, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$27M 193.623648422143% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $9.28M $27.3M ▲ +193.8%
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 ($M) Participants Glass Systems, Inc. Employee Stock Ownership Plan, Total assets ($M): 27.240732 · Participants: 76Glass Systems, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 548.082498 · Participants: 494Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Glass Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Glass Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Glass Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Lafayette Group, Inc. Employee Stock Ownership Plan in VA ($27M); by covered participants it is Mifflinburg Bank and Trust Company Employee Stock Ownership Plan in PA (76 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (76 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 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).
Which ESOP plans cover a similar participant headcount to Glass Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mifflinburg Bank and Trust Company Employee Stock Ownership Plan in PA (76 participants, $3M 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 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.