ESOP · DOL Form 5500 · 2024

Grants Management Systems, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
9
Participants Small participant base
44th
Percentile by assets National rank
$624,847
Avg per participant High balance/head
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Official DOL plan name: Gms, Inc. Employee Stock Ownership Plan · Sponsored by Grants Management Systems, Inc. · Maryland · Professional & Technical Services

$6M in assets, 9 participants

Grants Management Systems, Inc.'s Gms, Inc. Employee Stock Ownership Plan reported $6M in total assets and 9 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #8,441 in Professional & Technical Services (20,173 peers)

What the 2024 filing shows

Gms, Inc. Employee Stock Ownership Plan holds $6M for 9 participants - about $624,847 per participant, in the lower half of filed plans by assets.

#8,441
in Professional & Technical Services (20,173 peers)
+4.1%
assets growth YoY

The plan reported a net loss of $86K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Gms, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Gms, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$5,623,623 44th percentile higher than 44% 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

Gms, Inc. Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gms, Inc. Employee Stock Ownership Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gms, Inc. Employee Stock Ownership Plan reported net income fell from $65K in the plan year 2023 filing to -$86K in the plan year 2024 filing.
  • Gms, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 521855011 · Grants Management Systems, Inc. PY 2024 · ESOP

Gms, Inc. Employee Stock Ownership Plan · $6M · 9 · 44th

  • TYPE $6M
  • TYPE 9
  • TYPE 44th
  • TYPE ESOP
  • TYPE near Kennon Products, Inc. Employee Stock Ownership Plan
  • TYPE ind #8441

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 Maryland →

Gms, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Clickstop, Inc. Employee Stock Ownership PlanClickstop, Inc. Employee Sto…$6MGms, Inc. Employee Stock Ownership PlanGms, Inc. Employee Stock Own…$6MKennon Products, Inc. Employee Stock Ownership PlanKennon Products, Inc. Employ…$6MSpecialty Equipment Sales Co. Employee Stock Ownership Plan and TrustSpecialty Equipment Sales Co…$6MBlueline Associates Inc. Employee Stock Ownership PlanBlueline Associates Inc. Emp…$6M
End-of-year total assets ($M) among Gms, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income-$86K
Employer EIN521855011
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Grants Management Systems, Inc.)

Sponsor-wide plan assets over time

All Grants Management Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 6.09562490342934% vs 2022
2024 filing year
$5.2M$5.3M$5.4M$5.5M$5.6M$5.7M 202220232024 $5.3M $5.62M ▲ +6.0%
Year Plans Participants Total Assets
2022 1 8 $5M
2023 1 9 $5M
2024 1 9 $6M

Nearby ESOP Plans in Maryland

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

Gms, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Gms, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.005623623 · Participants: 9Gms, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.142811894 · Participants: 1803Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.418966511 · Participants: 3167Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.392391805 · Participants: 1918Kci Technologies, Inc. Employee Stock Ownership PlanLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.283619058 · Participants: 7445Lockheed Martin Corporation Capital Accumulation PlanBrown Capital Management ESOP, Total assets ($B): 0.211360737 · Participants: 35Brown Capital Management ESOP
Gms, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants

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

Outside Maryland, the nearest ESOP by assets is Kennon Products, Inc. Employee Stock Ownership Plan in WY ($6M); by covered participants it is Commercial Bank of Mott Employee Stock Ownership Plan in ND (9 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 Gms, Inc. Employee Stock Ownership Plan assets move in 2024?
Gms, Inc. Employee Stock Ownership Plan edged up modestly - up 4.1% during 2024, from $5M to $6M. Reported net income was -$86K.
How have Grants Management Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Grants Management Systems, Inc.'s sponsor-wide assets grew 6.1%, from $5M to $6M.
Which ESOP plans are similar in size to Gms, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Kennon Products, Inc. Employee Stock Ownership Plan in WY ($6M, 52 participants).
Which ESOP plans cover a similar participant headcount to Gms, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Commercial Bank of Mott Employee Stock Ownership Plan in ND (9 participants, $11M in assets).