ESOP · DOL Form 5500 · 2024

Desman, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
78
Participants Small participant base
43rd
Percentile by assets National rank
$67,214
Avg per participant Below avg balance/head
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Official DOL plan name: Desman, Inc. Employee Stock Ownership Plan · Sponsored by Desman, Inc. · New York · Professional & Technical Services

$5M in assets, 78 participants

Desman, Inc.'s Desman, Inc. Employee Stock Ownership Plan reported $5M in total assets and 78 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #8,147 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

Desman, Inc. Employee Stock Ownership Plan holds $5M for 78 participants - about $67,214 per participant, in the lower half of filed plans by assets.

#8,147
in Professional & Technical Services (20,173 peers)
+2.3%
assets growth YoY

Desman, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

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

$5,242,702 43rd percentile higher than 43% 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

Desman, 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. Desman, Inc. Employee Stock Ownership Plan is a small filing (78 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Desman, Inc. Employee Stock Ownership Plan reported net income fell from $302K in the plan year 2023 filing to $37K in the plan year 2024 filing.
  • Desman, Inc. Employee Stock Ownership Plan reported participants rose from 76 in the plan year 2023 filing to 78 in the plan year 2024 filing.
  • Desman, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 112709775 · Desman, Inc. PY 2024 · ESOP

Desman, Inc. Employee Stock Ownership Plan · $5M · 78 · 43rd

  • TYPE $5M
  • NET 78
  • BOOK 43rd
  • VS-ST ESOP
  • BOY near Sain Engineering Associates, Inc. Employee Stock Ownership Plan
  • SCH ind #8147

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 →

Desman, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bardenay, Inc. Retirement PlanBardenay, Inc. Retirement Pl…$5MDesman, Inc. Employee Stock Ownership PlanDesman, Inc. Employee Stock …$5MSain Engineering Associates, Inc. Employee Stock Ownership PlanSain Engineering Associates,…$5MTaylor Engineering, Inc. Employee Stock Ownership Plan and TrustTaylor Engineering, Inc. Emp…$5MEmergency Apparatus Maintenance, Inc. Employee Stock Ownership PlanEmergency Apparatus Maintena…$5M
End-of-year total assets ($M) among Desman, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$37K
Employer EIN112709775
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Desman, Inc.)

Sponsor-wide plan assets over time

All Desman, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 8.647038490136866% vs 2022
2024 filing year
$4.6M$4.8M$5M$5.2M$5.4M 202220232024 $4.83M $5.24M ▲ +8.5%
Year Plans Participants Total Assets
2022 1 76 $5M
2023 1 76 $5M
2024 1 78 $5M

Nearby ESOP Plans in New York

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

Desman, 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 ($M) Participants Desman, Inc. Employee Stock Ownership Plan, Total assets ($M): 5.242702 · Participants: 78Desman, 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
Desman, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

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

Outside New York, the nearest ESOP by assets is Sain Engineering Associates, Inc. Employee Stock Ownership Plan in AL ($5M); by covered participants it is Morrissey, Inc. Employee Stock Ownership Plan in MN (78 participants). Same-state nearby plans are listed separately above.

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 Desman, Inc. Employee Stock Ownership Plan assets move in 2024?
Desman, Inc. Employee Stock Ownership Plan edged up modestly - up 2.3% during 2024, from $5M to $5M. Reported net income was $37K.
How have Desman, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Desman, Inc.'s sponsor-wide assets grew 8.6%, from $5M to $5M.
Which ESOP plans are similar in size to Desman, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Sain Engineering Associates, Inc. Employee Stock Ownership Plan in AL ($5M, 37 participants).
Which ESOP plans cover a similar participant headcount to Desman, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Morrissey, Inc. Employee Stock Ownership Plan in MN (78 participants, $4M in assets).