ESOP · DOL Form 5500 · 2024

Ensafe Inc. ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
319
Participants Below avg headcount
66th
Percentile by assets National rank
$51,730
Avg per participant Low balance/head
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Official DOL plan name: Ensafe Inc. Employee Stock Ownership Plan · Sponsored by Ensafe Inc. · Tennessee · Construction

$17M in assets, 319 participants

Ensafe Inc.'s Ensafe Inc. Employee Stock Ownership Plan reported $17M in total assets and 319 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #5,887 in Construction (9,039 peers)

Coverage in Tennessee

Ensafe Inc. Employee Stock Ownership Plan covers 319 participants in Tennessee, about 28% of the average Tennessee filer (state average ~1,126 per filing). Assets: $17M.

#5,887
in Construction (9,039 peers)
+28.4%
assets growth YoY

Ensafe Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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

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

$16,501,819 Top 34% higher than 66% 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

Ensafe 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. Ensafe Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (319 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ensafe Inc. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Ensafe Inc. Employee Stock Ownership Plan reported participants rose from 271 in the plan year 2023 filing to 319 in the plan year 2024 filing.
  • Ensafe Inc. Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 581402235 · Ensafe Inc. PY 2024 · ESOP

Ensafe Inc. Employee Stock Ownership Plan · $17M · 319 · 66th

  • 5500 $17M
  • 5500 319
  • 5500 66th
  • 5500 ESOP
  • 5500 near Niblock Excavating, Inc. Employee Stock Ownership Plan
  • 5500 ind #5887

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 Tennessee →

Ensafe Inc. Employee Stock Ownership Plan in the asset neighbourhood

Rjn Group, Inc. Employee Stock Ownership PlanRjn Group, Inc. Employee Sto…$17MEnsafe Inc. Employee Stock Ownership PlanEnsafe Inc. Employee Stock O…$17MNiblock Excavating, Inc. Employee Stock Ownership PlanNiblock Excavating, Inc. Emp…$17MKarmak, Inc. Employee Stock Ownership PlanKarmak, Inc. Employee Stock …$17MAmerican Vision Windows, Inc. ESOPAmerican Vision Windows, Inc…$16M
End-of-year total assets ($M) among Ensafe Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$17M
Net Income$4M
Employer EIN581402235
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ensafe Inc.)

Sponsor-wide plan assets over time

All Ensafe Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 50.28638601289109% vs 2022
2024 filing year
$50M$60M$70M$80M$90M 202220232024 $54.2M $81.5M ▲ +50.3%
Year Plans Participants Total Assets
2022 2 515 $54M
2023 2 602 $69M
2024 2 670 $82M

Nearby ESOP Plans in Tennessee

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

Ensafe Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 050010001500 -1000100200300400500 Total assets ($M) Participants Ensafe Inc. Employee Stock Ownership Plan, Total assets ($M): 16.501819 · Participants: 319Ensafe Inc. Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 470.413823 · Participants: 403Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 247.006343 · Participants: 201Zander Group Holdings, Inc. Employee Stock Ownership PlanNational Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 168.305927 · Participants: 1385National Health Corp Leveraged Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 143.44577 · Participants: 5153ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 116.245191 · Participants: 507Smith Seckman Reid, Inc. Employee Stock Ownership Plan
Ensafe Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Ensafe Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Tennessee, the nearest ESOP by assets is Niblock Excavating, Inc. Employee Stock Ownership Plan in IN ($17M); by covered participants it is Lake Ridge Bancorp, Inc. Employee Stock Ownership Plan in WI (319 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (319 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 Ensafe Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Ensafe Inc. Employee Stock Ownership Plan grew sharply - up 28.4% during 2024, from $13M to $17M. Reported net income was $4M.
How have Ensafe Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ensafe Inc.'s sponsor-wide assets grew 50.3%, from $54M to $82M.
Which ESOP plans are similar in size to Ensafe Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Niblock Excavating, Inc. Employee Stock Ownership Plan in IN ($17M, 95 participants).
Which ESOP plans cover a similar participant headcount to Ensafe Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Lake Ridge Bancorp, Inc. Employee Stock Ownership Plan in WI (319 participants, $14M 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 581402235.

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.