ESOP · DOL Form 5500 · 2024

Gerou Excavating, Inc. ESOP

Data updated 2026-08-25

$793K
Total assets Small plan by assets
17
Participants Small participant base
21st
Percentile by assets National rank
$46,653
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

$793K in assets, 17 participants

Gerou Excavating, Inc.'s Gerou Excavating, Inc. Employee Stock Ownership Pl reported $793K in total assets and 17 participants in its 2024 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.

  • #1,820 in Construction (9,039 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 $793K / 17 participants.

#1,820
in Construction (9,039 peers)
+15.3%
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 2024 · DOL Form 5500

$793,098 21st percentile higher than 21% 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

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

Plan-year 2024 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 (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gerou Excavating, Inc. Employee Stock Ownership Pl reported net income fell from $239K in the plan year 2023 filing to $175K in the plan year 2024 filing.
  • Gerou Excavating, Inc. Employee Stock Ownership Pl end-of-year assets rose from $688K in the plan year 2023 filing to $793K in the plan year 2024 filing.
  • Gerou Excavating, Inc. Employee Stock Ownership Pl reported participants rose from 16 in the plan year 2023 filing to 17 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382675354 · Gerou Excavating, Inc. PY 2024 · ESOP

Gerou Excavating, Inc. Employee Stock Ownership Pl · $793K · 17 · 21st

  • BOY $793K
  • SCH 17
  • EBSA 21st
  • PART ESOP
  • TYPE near Ciorba Group, Inc. Employee Stock Ownership Plan & Trust
  • NET ind #1820

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

George F. Richardson, Inc. Employee Stock Ownership PlanGeorge F. Richardson, Inc. E…$797KGerou Excavating, Inc. Employee Stock Ownership PlGerou Excavating, Inc. Emplo…$793KCiorba Group, Inc. Employee Stock Ownership Plan & TrustCiorba Group, Inc. Employee …$794KDelta Development Group, Inc. Employee Stock Ownership PlanDelta Development Group, Inc…$790KTorrent Employee Stock Ownership PlanTorrent Employee Stock Owner…$789K
End-of-year total assets ($M) among Gerou Excavating, Inc. Employee Stock Ownership Pl and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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 (2024)

Total Assets (Beginning of Year)$688K
Net Assets (End of Year)$678K
Net Income$175K
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 -0.500.511.52 Total assets ($B) Participants Gerou Excavating, Inc. Employee Stock Ownership Pl, Total assets ($B): 0.000793098 · Participants: 17Gerou Excavating, Inc. Employee Stock Ownership PlMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee 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 Ciorba Group, Inc. Employee Stock Ownership Plan & Trust in IL ($794K); by covered participants it is Gaskets, Inc. Employee Stock Ownership Plan in WI (17 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (17 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 Gerou Excavating, Inc. Employee Stock Ownership Pl assets move in 2024? ▼
Gerou Excavating, Inc. Employee Stock Ownership Pl grew sharply - up 15.3% during 2024, from $688K to $793K. Reported net income was $175K.
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 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 Gerou Excavating, Inc. Employee Stock Ownership Pl? ▼
Among ESOP plans in other states, the closest by assets is Ciorba Group, Inc. Employee Stock Ownership Plan & Trust in IL ($794K, 49 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 Gaskets, Inc. Employee Stock Ownership Plan in WI (17 participants, $2M 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 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.