ESOP · DOL Form 5500 · 2024

Channellock, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
180
Participants Small participant base
32nd
Percentile by assets National rank
$14,264
Avg per participant Low balance/head
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Official DOL plan name: Channellock, Inc. Employee Stock Ownership Plan · Sponsored by Channellock, Inc. · Pennsylvania · Manufacturing

$3M in assets, 180 participants

Channellock, Inc.'s Channellock, Inc. Employee Stock Ownership Plan reported $3M in total assets and 180 participants in its 2024 DOL Form 5500 filing, ranking in the 32nd 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.

  • #2,867 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Channellock, Inc. Employee Stock Ownership Plan covers 180 participants in Pennsylvania, about 22% of the average Pennsylvania filer (state average ~822 per filing). Assets: $3M.

#2,867
in Manufacturing (17,777 peers)
+1.9%
assets growth YoY

Channellock, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

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

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

$2,567,506 32nd percentile higher than 32% 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

Channellock, Inc. 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. Channellock, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Channellock, Inc. Employee Stock Ownership Plan reported net income rose from -$753K in the plan year 2023 filing to $62K in the plan year 2024 filing.
  • Channellock, Inc. Employee Stock Ownership Plan reported participants fell from 204 in the plan year 2023 filing to 180 in the plan year 2024 filing.
  • Channellock, Inc. Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 250399850 · Channellock, Inc. PY 2024 · ESOP

Channellock, Inc. Employee Stock Ownership Plan · $3M · 180 · 32nd

  • SCH $3M
  • EBSA 180
  • PART 32nd
  • TYPE ESOP
  • NET near Keating and Associates, Inc. Employee Stock Ownership Plan
  • BOOK ind #2867

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 Pennsylvania →

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

Channellock, Inc. Employee Stock Ownership PlanChannellock, Inc. Employee S…$3MKeating and Associates, Inc. Employee Stock Ownership PlanKeating and Associates, Inc.…$3MPure Floors, Inc. Employee Stock Ownership PlanPure Floors, Inc. Employee S…$3MCapital Insurance Holdings, Inc. Employee Stock Ownership PlanCapital Insurance Holdings, …$3MWest Wing Writers Employee Stock Ownership PlanWest Wing Writers Employee S…$3M
End-of-year total assets ($M) among Channellock, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$62K
Employer EIN250399850
Plan Effective Date1973-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Channellock, Inc.)

Sponsor-wide plan assets over time

All Channellock, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$79M 12.621254899099451% vs 2022
2024 filing year
$65M$70M$75M$80M$85M 202220232024 $70.3M $79.2M ▲ +12.6%
Year Plans Participants Total Assets
2022 4 684 $70M
2023 4 652 $72M
2024 4 585 $79M

Nearby ESOP Plans in Pennsylvania

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

Channellock, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Channellock, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002567506 · Participants: 180Channellock, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Channellock, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Channellock, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Keating and Associates, Inc. Employee Stock Ownership Plan in VA ($3M); by covered participants it is California Hydronics Corporation Employee Stock Ownership Plan in CA (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 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 Channellock, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Channellock, Inc. Employee Stock Ownership Plan edged up modestly - up 1.9% during 2024, from $3M to $3M. Reported net income was $62K.
How have Channellock, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Channellock, Inc.'s sponsor-wide assets grew 12.6%, from $70M to $79M.
Which ESOP plans are similar in size to Channellock, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Keating and Associates, Inc. Employee Stock Ownership Plan in VA ($3M, 15 participants).
Which ESOP plans cover a similar participant headcount to Channellock, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is California Hydronics Corporation Employee Stock Ownership Plan in CA (180 participants, $45M 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 250399850.

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.