ESOP · DOL Form 5500 · 2024

General Networks Corporation ESOP

Data updated 2026-08-25

$8M
Total assets Small plan by assets
60
Participants Small participant base
51st
Percentile by assets National rank
$135,937
Avg per participant Near avg balance/head
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Official DOL plan name: General Networks Corporation Employees' Stock Ownership Plan · Sponsored by General Networks Corporation · California · Professional & Technical Services

$8M in assets, 60 participants

General Networks Corporation's General Networks Corporation Employees' Stock Ownership Plan reported $8M in total assets and 60 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #9,994 in Professional & Technical Services (20,173 peers)

General Networks Corporation multi-year trail

General Networks Corporation's plans moved +11.3% in assets from 2022 to 2024; this filing shows General Networks Corporation Employees' Stock Ownership Plan at $8M / 60 participants.

#9,994
in Professional & Technical Services (20,173 peers)
-2.5%
assets change YoY

The plan reported a net loss of $207K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

General Networks Corporation Employees' Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

General Networks Corporation Employees' Stock Ownership Plan vs every filed plan by assets

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

$8,156,213 Top 49% higher than 51% 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

General Networks Corporation Employees' 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. General Networks Corporation Employees' Stock Ownership Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • General Networks Corporation Employees' Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$207K in the plan year 2024 filing.
  • General Networks Corporation Employees' Stock Ownership Plan reported participants rose from 57 in the plan year 2023 filing to 60 in the plan year 2024 filing.
  • General Networks Corporation Employees' Stock Ownership Plan end-of-year assets fell from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 954048555 · General Networks Corporation PY 2024 · ESOP

General Networks Corporation Employees' Stock Ownership Plan · $8M · 60 · 51st

  • RANK $8M
  • RANK 60
  • RANK 51st
  • RANK ESOP
  • RANK near Kwest Holdings, Inc. Employee Stock Ownership Plan
  • RANK ind #9994

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 California →

General Networks Corporation Employees' Stock Ownership Plan in the asset neighbourhood

Yankee Publishing, Inc Employee Stock Ownership PlanYankee Publishing, Inc Emplo…$8MGeneral Networks Corporation Employees' Stock Ownership PlanGeneral Networks Corporation…$8MKwest Holdings, Inc. Employee Stock Ownership PlanKwest Holdings, Inc. Employe…$8MRaulli & Sons, Inc. Employee Stock Ownership PlanRaulli & Sons, Inc. Employee…$8MIcc Holdings, Inc. Employee Stock Ownership PlanIcc Holdings, Inc. Employee …$8M
End-of-year total assets ($M) among General Networks Corporation Employees' Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

General Networks Corporation multi-year asset trail

Sponsor-wide plan assets over time

All General Networks Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 11.319259830874483% vs 2022
2024 filing year
$7M$7.5M$8M$8.5M 202220232024 $7.33M $8.16M ▲ +11.3%
Year Plans Participants Total Assets
2022 1 49 $7M
2023 1 57 $8M
2024 1 60 $8M

General Networks Corporation filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income-$207K
Employer EIN954048555
Plan Effective Date1992-02-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

General Networks Corporation Employees' Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants General Networks Corporation Employees' Stock Ownership Plan, Total assets ($B): 0.008156213 · Participants: 60General Networks Corporation Employees' Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
General Networks Corporation Employees' Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare General Networks Corporation Employees' Stock Ownership Plan side-by-side with 3 peers →

General Networks Corporation Employees' Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Kwest Holdings, Inc. Employee Stock Ownership Plan in OH ($8M); by covered participants it is Quality Machining, Inc. Employee Stock Ownership Plan in WI (60 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (60 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 General Networks Corporation Employees' Stock Ownership Plan assets move in 2024? ▼
General Networks Corporation Employees' Stock Ownership Plan edged down modestly - down 2.5% during 2024, from $8M to $8M. Reported net income was -$207K.
How have General Networks Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Networks Corporation's sponsor-wide assets grew 11.3%, from $7M to $8M.
Which ESOP plans are similar in size to General Networks Corporation Employees' Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Kwest Holdings, Inc. Employee Stock Ownership Plan in OH ($8M, 294 participants).
Which ESOP plans cover a similar participant headcount to General Networks Corporation Employees' Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Quality Machining, Inc. Employee Stock Ownership Plan in WI (60 participants, $7M 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 954048555.

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.