ESOP · DOL Form 5500 · 2024

Gs Engineering, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
88
Participants Small participant base
52nd
Percentile by assets National rank
$97,608
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Gs Engineering, Inc. Employee Stock Ownership Plan · Sponsored by Gs Engineering, Inc. · Michigan · Professional & Technical Services

$9M in assets, 88 participants

Gs Engineering, Inc.'s Gs Engineering, Inc. Employee Stock Ownership Plan reported $9M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #10,213 in Professional & Technical Services (20,173 peers)

Gs Engineering, Inc. multi-year trail

Gs Engineering, Inc.'s plans moved +38.2% in assets from 2022 to 2024; this filing shows Gs Engineering, Inc. Employee Stock Ownership Plan at $9M / 88 participants.

#10,213
in Professional & Technical Services (20,173 peers)
+86.5%
assets growth YoY

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

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

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

$8,589,542 Top 48% higher than 52% 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

Gs Engineering, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Gs Engineering, Inc. Employee Stock Ownership Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Gs Engineering, Inc. Employee Stock Ownership Plan reported net income rose from -$367K in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Gs Engineering, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Gs Engineering, Inc. Employee Stock Ownership Plan reported participants rose from 83 in the plan year 2023 filing to 88 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 383611785 · Gs Engineering, Inc. PY 2024 · ESOP

Gs Engineering, Inc. Employee Stock Ownership Plan · $9M · 88 · 52nd

  • ASSETS $9M
  • PCT 88
  • EIN 52nd
  • RANK ESOP
  • PHOTO near Texas National Bank Employee Stock Ownership Plan
  • IND ind #10213

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 →

Gs Engineering, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Csb Bancshares Inc Amended Employee Stock Ownership PlanCsb Bancshares Inc Amended E…$9MMckay's Market Employee Stock Ownership PlanMckay's Market Employee Stoc…$9MGs Engineering, Inc. Employee Stock Ownership PlanGs Engineering, Inc. Employe…$9MTexas National Bank Employee Stock Ownership PlanTexas National Bank Employee…$9MPaper Machinery Holding Corporation Employee Stock Ownership PlanPaper Machinery Holding Corp…$9M
End-of-year total assets ($M) among Gs Engineering, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Gs Engineering, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Gs Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 38.163607834894044% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.2M $21M ▲ +38.2%
Year Plans Participants Total Assets
2022 2 150 $15M
2023 2 166 $16M
2024 2 175 $21M

Gs Engineering, Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$4M
Employer EIN383611785
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Gs Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Gs Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.008589542 · Participants: 88Gs Engineering, Inc. Employee Stock Ownership PlanMcnaughton-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
Gs Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Gs Engineering, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Texas National Bank Employee Stock Ownership Plan in TX ($9M); by covered participants it is Lake Elmo Bank Employee Stock Ownership Plan in MN (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 Gs Engineering, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Gs Engineering, Inc. Employee Stock Ownership Plan surged - up 86.5% during 2024, from $5M to $9M. Reported net income was $4M.
How have Gs Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Gs Engineering, Inc.'s sponsor-wide assets grew 38.2%, from $15M to $21M.
Which ESOP plans are similar in size to Gs Engineering, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Texas National Bank Employee Stock Ownership Plan in TX ($9M, 121 participants).
Which ESOP plans cover a similar participant headcount to Gs Engineering, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Lake Elmo Bank Employee Stock Ownership Plan in MN (88 participants, $10M 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 383611785.

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.