ESOP · DOL Form 5500 · 2024

Gms Holdings Inc ESOP

Data updated 2026-07-24

$64M
Total assets: 895
Participants: 87th
Percentile by assets: $71,944
Avg per participant

Official DOL plan name: Garrett Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Gms Holdings Inc · Maryland · Mining & Oil Extraction

$64M in assets, 895 participants

Gms Holdings Inc's Garrett Holdings, Inc. Employee Stock Ownership Plan reported $64M in total assets and 895 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

87th percentile by assets (of 116,472 plans)

Where Garrett Holdings, Inc. Employee Stock Ownership Plan sits by assets

Garrett Holdings, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $64M for 895 participants (~$71,944/participant), up 52.7% in 2024.

$64M
total plan assets (2024 EOY): 895
covered participants: 87th
percentile by assets (of 116,472 plans): $71,944
avg assets per participant

Garrett Holdings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $42M in the plan year 2023 filing to $64M in the plan year 2024 filing.
Garrett Holdings, Inc. Employee Stock Ownership Plan reported participants rose from 593 in the plan year 2023 filing to 895 in the plan year 2024 filing.
Garrett Holdings, Inc. Employee Stock Ownership Plan reported net income rose from $20M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Maryland

Industry

Mining & Oil Extraction

Garrett Holdings, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Garrett Holdings, Inc. Employee Stock Ownership Plan outranks 87% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.6x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$42M
Net Assets (End of Year)	-$40M
Net Income	$27M
Employer EIN	920339701
Plan Effective Date	2021-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Gms Holdings Inc)

Total plan assets by year, all Gms Holdings Inc plans on file

Year	Plans	Participants	Total Assets
2022	1	690	$27M
2023	1	593	$42M
2024	1	895	$64M

Nearby ESOP Plans in Maryland

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

Garrett Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants

Evapco, Inc. Employee Stock Ownership Plan $1.1B · 1,803
Westat, Inc. Employee Stock Ownership Plan $419M · 3,167
Kci Technologies, Inc. Employee Stock Ownership Plan $392M · 1,918
Lockheed Martin Corporation Capital Accumulation Plan $284M · 7,445
Brown Capital Management ESOP $211M · 35

Compare Garrett Holdings, Inc. Employee Stock Ow… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Employee Benefits Corporation Employee Stock Ownership Plan (WI) $64M · 146
Subzero Constructors, Inc. Employee Stock Ownership Plan (CA) $64M · 176
Eutaw Construction Company, Inc. Employee Stock Ownership Plan (MS) $64M · 739
M. B. Haynes Corporation Employee Stock Ownership Plan (NC) $65M · 550

Frequently Asked Questions

How did Garrett Holdings, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Garrett Holdings, Inc. Employee Stock Ownership Plan surged - up 52.7% during 2024, from $42M to $64M. Reported net income was $27M.

How have Gms Holdings Inc plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Gms Holdings Inc's sponsor-wide assets grew 136.9%, from $27M to $64M.

Where does Garrett Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Garrett Holdings, Inc. Employee Stock Ownership Plan ranks in the 87th percentile by end-of-year assets among 116,472 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 Garrett Holdings, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Employee Benefits Corporation Employee Stock Ownership Plan in WI ($64M, 146 participants).

Next read for Garrett Holdings, Inc. Employee Stock Ow…

Scale reading

Ways to act on Garrett Holdings, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Garrett Holdings, 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 Maryland. Compare plans
Gms Holdings Inc's sponsor-wide assets have grown 136.9% since 2022 across 3 plan years on file. More Mining & Oil Extraction 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 920339701.

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.