ESOP · DOL Form 5500 · 2024

General Sheet Metal Works, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
110
Participants Small participant base
53rd
Percentile by assets National rank
$80,562
Avg per participant Below avg balance/head
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Official DOL plan name: General Sheet Metal Employee Stock Ownership Plan · Sponsored by General Sheet Metal Works, Inc. · Oregon · Construction

$9M in assets, 110 participants

General Sheet Metal Works, Inc.'s General Sheet Metal Employee Stock Ownership Plan reported $9M in total assets and 110 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #4,657 in Construction (9,039 peers)

Coverage in Oregon

General Sheet Metal Employee Stock Ownership Plan covers 110 participants in Oregon, about 25% of the average Oregon filer (state average ~443 per filing). Assets: $9M.

#4,657
in Construction (9,039 peers)
+55.7%
assets growth YoY

General Sheet Metal Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

General Sheet Metal Employee Stock Ownership Plan vs every filed plan by assets

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

$8,861,816 Top 47% higher than 53% 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 Sheet Metal 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. General Sheet Metal Employee Stock Ownership Plan sits mid-pack in the medium band (110 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • General Sheet Metal Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • General Sheet Metal Employee Stock Ownership Plan reported participants rose from 99 in the plan year 2023 filing to 110 in the plan year 2024 filing.
  • General Sheet Metal Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 930611584 · General Sheet Metal Works, Inc. PY 2024 · ESOP

General Sheet Metal Employee Stock Ownership Plan · $9M · 110 · 53rd

  • SCH $9M
  • SCH 110
  • SCH 53rd
  • SCH ESOP
  • SCH near Ifc Employee Stock Ownership Plan
  • SCH ind #4657

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 Oregon →

General Sheet Metal Employee Stock Ownership Plan in the asset neighbourhood

Lanco Assembly Systems, Inc. Employee Stock Ownership PlanLanco Assembly Systems, Inc.…$9MThe Southern Link of Georgia, Inc. Employee Stock Ownership PlanThe Southern Link of Georgia…$9MGeneral Sheet Metal Employee Stock Ownership PlanGeneral Sheet Metal Employee…$9MIfc Employee Stock Ownership PlanIfc Employee Stock Ownership…$9MHarman Construction, Inc. Employee Stock Ownership PlanHarman Construction, Inc. Em…$9M
End-of-year total assets ($M) among General Sheet Metal Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Oregon filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$3M
Net Income$3M
Employer EIN930611584
Plan Effective Date2018-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (General Sheet Metal Works, Inc.)

Sponsor-wide plan assets over time

All General Sheet Metal Works, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 24.82965658009909% vs 2022
2024 filing year
$4M$6M$8M$10M$12M$14M 202220232024 $11.8M $8.86M ▼ -24.9%
Year Plans Participants Total Assets
2022 2 201 $12M
2023 1 99 $6M
2024 1 110 $9M

Nearby ESOP Plans in Oregon

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

General Sheet Metal Employee Stock Ownership Plan vs. nearby ESOP plans in Oregon, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -1000100200300400 Total assets ($M) Participants General Sheet Metal Employee Stock Ownership Plan, Total assets ($M): 8.861816 · Participants: 110General Sheet Metal Employee Stock Ownership PlanBob's Red Mill Natural Foods, Inc. Employee Stock Ownership Plan, Total assets ($M): 314.921616 · Participants: 547Bob's Red Mill Natural Foods, Inc. Employee Stock Ownership PlanPacific Industrial Corp. Employee Stock Ownership Plan, Total assets ($M): 250.955816 · Participants: 73Pacific Industrial Corp. Employee Stock Ownership PlanBi-Mart Corporation Employee Stock Ownership Plan, Total assets ($M): 141.187313 · Participants: 2070Bi-Mart Corporation Employee Stock Ownership PlanNorthwest Pump & Equipment Co. Employee Stock Ownership Plan, Total assets ($M): 101.669374 · Participants: 209Northwest Pump & Equipment Co. Employee Stock Ownership PlanNorthwest Pump & Equipment Co. Employee Stock Ownership Plan, Total assets ($M): 99.362878 · Participants: 195Northwest Pump & Equipment Co. Employee Stock Ownership Plan
General Sheet Metal Employee Stock Ownership Plan vs. nearby ESOP plans in Oregon, assets vs. participants
Compare General Sheet Metal Employee Stock Ownership Plan side-by-side with 3 peers →

General Sheet Metal Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Oregon, the nearest ESOP by assets is Ifc Employee Stock Ownership Plan in CA ($9M); by covered participants it is Central Milling Employee Stock Ownership Plan and Trust in UT (110 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (110 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 Sheet Metal Employee Stock Ownership Plan assets move in 2024? ▼
General Sheet Metal Employee Stock Ownership Plan surged - up 55.7% during 2024, from $6M to $9M. Reported net income was $3M.
How have General Sheet Metal Works, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), General Sheet Metal Works, Inc.'s sponsor-wide assets declined 24.8%, from $12M to $9M.
Which ESOP plans are similar in size to General Sheet Metal Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ifc Employee Stock Ownership Plan in CA ($9M, 14 participants).
Which ESOP plans cover a similar participant headcount to General Sheet Metal Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Central Milling Employee Stock Ownership Plan and Trust in UT (110 participants, $55M 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 930611584.

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.