ESOP · DOL Form 5500 · 2024

Kingsgate Logistics, Inc. ESOP

Data updated 2026-08-25

$70K
Total assets Small plan by assets
40
Participants Small participant base
5th
Percentile by assets National rank
$1,750
Avg per participant Low balance/head
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Official DOL plan name: Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Kingsgate Logistics, Inc. · Ohio · Transportation & Warehousing

$70K in assets, 40 participants

Kingsgate Logistics, Inc.'s Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust reported $70K in total assets and 40 participants in its 2024 DOL Form 5500 filing, ranking in the 5th 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.

  • #133 in Transportation & Warehousing (3,299 peers)

Kingsgate Logistics, Inc. multi-year trail

Kingsgate Logistics, Inc.'s plans moved -64.1% in assets from 2023 to 2024; this filing shows Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust at $70K / 40 participants.

#133
in Transportation & Warehousing (3,299 peers)
-64.1%
assets change YoY

The plan reported a net loss of $100K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$70,000 5th percentile higher than 5% 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

Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$24M in the plan year 2023 filing to -$100K in the plan year 2024 filing.
  • Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $195K in the plan year 2023 filing to $70K in the plan year 2024 filing.
  • Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 47 in the plan year 2023 filing to 40 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 263218651 · Kingsgate Logistics, Inc. PY 2024 · ESOP

Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust · $70K · 40 · 5th

  • VS-ST $70K
  • BOY 40
  • SCH 5th
  • EBSA ESOP
  • PART near Poly-Fiber, Inc. Employee Stock Ownership Plan
  • TYPE ind #133

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 Ohio →

Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Kingsgate Logistics, Inc. Employee Stock Ownership Plan and TrustKingsgate Logistics, Inc. Em…$70KPoly-Fiber, Inc. Employee Stock Ownership PlanPoly-Fiber, Inc. Employee St…$70KHill Administrative Services, Inc. Employee Stock Ownership and Profit Sharing PlanHill Administrative Services…$70KJackson Tool Sales Inc Employee Stock Ownership PlanJackson Tool Sales Inc Emplo…$70KLocal Plumbing Co., Ltd. Employee Stock Ownership Plan and TrustLocal Plumbing Co., Ltd. Emp…$69K
End-of-year total assets ($M) among Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Kingsgate Logistics, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Kingsgate Logistics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$70K 64.1025641025641% vs 2023
2024 filing year
$0.05M$0.1M$0.15M$0.2M$0.25M 20232024 $0.2M $0.07M ▼ -65.0%
Year Plans Participants Total Assets
2023 1 47 $195K
2024 1 40 $70K

Kingsgate Logistics, Inc. filing trail (2024)

Total Assets (Beginning of Year)$195K
Net Assets (End of Year)-$24M
Net Income-$100K
Employer EIN263218651
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.00007 · Participants: 40Kingsgate Logistics, Inc. Employee Stock Ownership Plan and TrustProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants

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

Outside Ohio, the nearest ESOP by assets is Poly-Fiber, Inc. Employee Stock Ownership Plan in CA ($70K); by covered participants it is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 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 Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust assets move in 2024?
Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust contracted severely - down 64.1% during 2024, from $195K to $70K. Reported net income was -$100K.
How have Kingsgate Logistics, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Kingsgate Logistics, Inc.'s sponsor-wide assets declined 64.1%, from $195K to $70K.
Where does Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust ranks in the 5th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Poly-Fiber, Inc. Employee Stock Ownership Plan in CA ($70K, 14 participants).
Which ESOP plans cover a similar participant headcount to Kingsgate Logistics, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 participants, $2M in assets).