ESOP · DOL Form 5500 · 2023

Gerou Excavating, Inc. ESOP

Data updated 2026-08-25

$688K
Total assets Small plan by assets
16
Participants Small participant base
21st
Percentile by assets National rank
$43,001
Avg per participant Low balance/head
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Official DOL plan name: Gerou Excavating, Inc. Employee Stock Ownership Pl · Sponsored by Gerou Excavating, Inc. · Michigan · Construction

$688K in assets, 16 participants

Gerou Excavating, Inc.'s Gerou Excavating, Inc. Employee Stock Ownership Pl reported $688K in total assets and 16 participants in its 2023 DOL Form 5500 filing, ranking in the 21st 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.

  • #1,691 in Construction (9,030 peers)

Gerou Excavating, Inc. multi-year trail

Gerou Excavating, Inc.'s plans moved +61.2% in assets from 2022 to 2024; this filing shows Gerou Excavating, Inc. Employee Stock Ownership Pl at $688K / 16 participants.

#1,691
in Construction (9,030 peers)
+39.8%
assets growth YoY

Gerou Excavating, Inc. Employee Stock Ownership Pl among the smaller filed plans by assets

Gerou Excavating, Inc. Employee Stock Ownership Pl vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$688,016 21st percentile higher than 21% of 127,068 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 2023

Gerou Excavating, Inc. Employee Stock Ownership Pl among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gerou Excavating, Inc. Employee Stock Ownership Pl is a small filing (16 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Gerou Excavating, Inc. Employee Stock Ownership Pl reported net income rose from $27K in the plan year 2022 filing to $239K in the plan year 2023 filing.
  • Gerou Excavating, Inc. Employee Stock Ownership Pl end-of-year assets rose from $492K in the plan year 2022 filing to $688K in the plan year 2023 filing.
  • Gerou Excavating, Inc. Employee Stock Ownership Pl reported participants fell from 17 in the plan year 2022 filing to 16 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 382675354 · Gerou Excavating, Inc. PY 2023 · ESOP

Gerou Excavating, Inc. Employee Stock Ownership Pl · $688K · 16 · 21st

  • RANK $688K
  • RANK 16
  • RANK 21st
  • RANK ESOP
  • RANK near Savogran Company Employee Stock Ownership Plan
  • RANK ind #1691

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 Michigan →

Gerou Excavating, Inc. Employee Stock Ownership Pl in the asset neighbourhood

Gerou Excavating, Inc. Employee Stock Ownership PlGerou Excavating, Inc. Emplo…$688KSavogran Company Employee Stock Ownership PlanSavogran Company Employee St…$688KQuantum Controls, Inc. Employee Stock Ownership PlanQuantum Controls, Inc. Emplo…$690KWoodsboro Bank Employee Stock Ownership PlanWoodsboro Bank Employee Stoc…$686KGeorge F. Richardson, Inc. Employee Stock Ownership PlanGeorge F. Richardson, Inc. E…$683K
End-of-year total assets ($M) among Gerou Excavating, Inc. Employee Stock Ownership Pl and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Gerou Excavating, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gerou Excavating, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$793K 61.166023166023166% vs 2022
2024 filing year
$0.4M$0.5M$0.6M$0.7M$0.8M$0.9M 202220232024 $0.49M $0.79M ▲ +61.2%
Year Plans Participants Total Assets
2022 1 17 $492K
2023 1 16 $688K
2024 1 17 $793K

Gerou Excavating, Inc. filing trail (2023)

Total Assets (Beginning of Year)$492K
Net Assets (End of Year)$503K
Net Income$239K
Employer EIN382675354
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Gerou Excavating, Inc. Employee Stock Ownership Pl vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.5 Total assets ($B) Participants Gerou Excavating, Inc. Employee Stock Ownership Pl, Total assets ($B): 0.000688016 · Participants: 16Gerou Excavating, Inc. Employee Stock Ownership PlMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Gerou Excavating, Inc. Employee Stock Ownership Pl vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Gerou Excavating, Inc. Employee Stock Ownership Pl side-by-side with 3 peers →

Gerou Excavating, Inc. Employee Stock Ownership Pl's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Savogran Company Employee Stock Ownership Plan in MA ($688K); by covered participants it is Tgc Consolidated Employee Stock Ownership Plan in AZ (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Gerou Excavating, Inc. Employee Stock Ownership Pl assets move in 2023? ▼
Gerou Excavating, Inc. Employee Stock Ownership Pl surged - up 39.8% during 2023, from $492K to $688K. Reported net income was $239K.
How have Gerou Excavating, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gerou Excavating, Inc.'s sponsor-wide assets grew 61.2%, from $492K to $793K.
Where does Gerou Excavating, Inc. Employee Stock Ownership Pl rank by assets among Form 5500 filers? ▼
Gerou Excavating, Inc. Employee Stock Ownership Pl ranks in the 21st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Gerou Excavating, Inc. Employee Stock Ownership Pl? ▼
Among ESOP plans in other states, the closest by assets is Savogran Company Employee Stock Ownership Plan in MA ($688K, 5 participants).
Which ESOP plans cover a similar participant headcount to Gerou Excavating, Inc. Employee Stock Ownership Pl? ▼
Among ESOP plans in other states, the closest by covered participants is Tgc Consolidated Employee Stock Ownership Plan in AZ (16 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382675354.

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.