ESOP · DOL Form 5500 · 2024

General Auto Recycling, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
24
Participants Small participant base
37th
Percentile by assets National rank
$155,246
Avg per participant Above avg balance/head
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Official DOL plan name: General Auto Recycling, Inc. Employee Stock Ownership Plan · Sponsored by General Auto Recycling, Inc. · Rhode Island · Wholesale Trade

$4M in assets, 24 participants

General Auto Recycling, Inc.'s General Auto Recycling, Inc. Employee Stock Ownership Plan reported $4M in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #1,610 in Wholesale Trade (6,080 peers)

2024 asset change

General Auto Recycling, Inc. Employee Stock Ownership Plan declined sharply 18.1% in 2024 ($5M → $4M) for 24 participants.

#1,610
in Wholesale Trade (6,080 peers)
-18.1%
assets change YoY

The plan reported a net loss of $754K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

General Auto Recycling, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

General Auto Recycling, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,725,899 37th percentile higher than 37% 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 Auto Recycling, 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. General Auto Recycling, Inc. Employee Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • General Auto Recycling, Inc. Employee Stock Ownership Plan reported net income fell from $585K in the plan year 2023 filing to -$754K in the plan year 2024 filing.
  • General Auto Recycling, Inc. Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • General Auto Recycling, Inc. Employee Stock Ownership Plan reported participants rose from 22 in the plan year 2023 filing to 24 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 050383701 · General Auto Recycling, Inc. PY 2024 · ESOP

General Auto Recycling, Inc. Employee Stock Ownership Plan · $4M · 24 · 37th

  • IND $4M
  • IND 24
  • IND 37th
  • IND ESOP
  • IND near Blue Ridge Paint, Inc. Employee Stock Ownership Plan
  • IND ind #1610

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 Rhode Island →

General Auto Recycling, Inc. Employee Stock Ownership Plan in the asset neighbourhood

General Auto Recycling, Inc. Employee Stock Ownership PlanGeneral Auto Recycling, Inc.…$4MBlue Ridge Paint, Inc. Employee Stock Ownership PlanBlue Ridge Paint, Inc. Emplo…$4MAvian Holdings, Inc. Employee Stock Ownership PlanAvian Holdings, Inc. Employe…$4MWest Texas Premix Pits Employee Stock Ownership PlanWest Texas Premix Pits Emplo…$4MWilliam M. Perkins Company, Inc. Employee Stock Ownership PlanWilliam M. Perkins Company, …$4M
End-of-year total assets ($M) among General Auto Recycling, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

General Auto Recycling, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All General Auto Recycling, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 6.396112444278302% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.98M $3.73M ▼ -6.3%
Year Plans Participants Total Assets
2022 1 22 $4M
2023 1 22 $5M
2024 1 24 $4M

2024 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$2M
Net Income-$754K
Employer EIN050383701
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Rhode Island

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

General Auto Recycling, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants General Auto Recycling, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.003725899 · Participants: 24General Auto Recycling, Inc. Employee Stock Ownership PlanThe Bank of America Transferred Savings Account Plan, Total assets ($B): 1.120678048 · Participants: 4298The Bank of America Transferred Savings Account PlanNewport Harbor Corporation Employee Stock Ownership Plan, Total assets ($B): 0.071215587 · Participants: 1124Newport Harbor Corporation Employee Stock Ownership PlanThielsch Engineering Employee Stock Ownership Plan, Total assets ($B): 0.068017958 · Participants: 470Thielsch Engineering Employee Stock Ownership PlanCentury Drywall, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.065892408 · Participants: 44Century Drywall, Inc. Employee Stock Ownership PlanBeta Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.030087119 · Participants: 173Beta Group, Inc. Employee Stock Ownership Plan
General Auto Recycling, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Rhode Island, assets vs. participants

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

Outside Rhode Island, the nearest ESOP by assets is Blue Ridge Paint, Inc. Employee Stock Ownership Plan in MO ($4M); by covered participants it is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 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 General Auto Recycling, Inc. Employee Stock Ownership Plan assets move in 2024?
General Auto Recycling, Inc. Employee Stock Ownership Plan declined sharply - down 18.1% during 2024, from $5M to $4M. Reported net income was -$754K.
How have General Auto Recycling, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), General Auto Recycling, Inc.'s sponsor-wide assets declined 6.4%, from $4M to $4M.
Which ESOP plans are similar in size to General Auto Recycling, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Blue Ridge Paint, Inc. Employee Stock Ownership Plan in MO ($4M, 19 participants).
Which ESOP plans cover a similar participant headcount to General Auto Recycling, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 participants, N/A in assets).