ESOP · DOL Form 5500 · 2024

Hager Sharp, Inc. ESOP

Data updated 2026-08-11

$13M
Total assets
34
Participants
61st
Percentile by assets
$376,879
Avg per participant
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Official DOL plan name: Hager Sharp, Inc. Employee Stock Ownership Plan · Sponsored by Hager Sharp, Inc. · District of Columbia · Professional & Technical Services

$13M in assets, 34 participants

Hager Sharp, Inc.'s Hager Sharp, Inc. Employee Stock Ownership Plan reported $13M in total assets and 34 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • 61st percentile by assets (of 123,622 plans)
  • #12,084 in Professional & Technical Services (20,173 peers)

Hager Sharp, Inc. multi-year trail

Hager Sharp, Inc.'s plans moved -32.8% in assets from 2022 to 2024; this filing shows Hager Sharp, Inc. Employee Stock Ownership Plan at $13M / 34 participants.

$13M
total plan assets (2024 EOY)
34
covered participants
61st
percentile by assets (of 123,622 plans)
$376,879
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hager Sharp, Inc. Employee Stock Ownership Plan reported net income fell from -$2M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Hager Sharp, Inc. Employee Stock Ownership Plan reported participants fell from 57 in the plan year 2023 filing to 34 in the plan year 2024 filing.
  • Hager Sharp, Inc. Employee Stock Ownership Plan end-of-year assets fell from $17M in the plan year 2023 filing to $13M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Hager Sharp, Inc. across 3 plan years on file

Across the 3 plan years Hager Sharp, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $19M to $13M, a decline of 32.8%, while reported participants moved from 53 to 34 (-35.8%). Peak year by sponsor assets: 2022 ($19M); trough: 2024 ($13M).

Hager Sharp, Inc. multi-year asset trail

$12M$14M$16M$18M$20M 202220232024 $19.1M $12.8M â–Ľ -32.8%
Total plan assets by year, all Hager Sharp, Inc. plans on file
Year Plans Participants Total Assets
2022 1 53 $19M
2023 1 57 $17M
2024 1 34 $13M

Hager Sharp, Inc. filing trail (2024)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$13M
Net Income-$4M
Employer EIN520983278
Plan Effective Date2007-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in District of Columbia

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

Hager Sharp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants

Hager Sharp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -50050100150200 Total assets ($M) Participants Hager Sharp, Inc. Em…Chemonics Internatio…Cornerstone Governme…Rational 360 Employe…Tech-Marine Business…Callahan & Associate…
Hager Sharp, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in District of Columbia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hager Sharp, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Hager Sharp, Inc. Employee Stock Ownership Plan assets move in 2024?
Hager Sharp, Inc. Employee Stock Ownership Plan declined sharply - down 25.9% during 2024, from $17M to $13M. Reported net income was -$4M.
How have Hager Sharp, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hager Sharp, Inc.'s sponsor-wide assets declined 32.8%, from $19M to $13M.
Which ESOP plans are similar in size to Hager Sharp, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Atap, Inc. Employee Stock Ownership Plan in AL ($13M, 77 participants).

Next read for Hager Sharp, Inc. Employee Stock Ownersh…

Multi-year trail

Ways to act on Hager Sharp, Inc. Employee Stock Ownership Plan's numbers.