ESOP · DOL Form 5500 · 2024

Wolgast Corporation ESOP

Data updated 2026-08-11

$45M
Total assets
99
Participants
83rd
Percentile by assets
$457,771
Avg per participant
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Official DOL plan name: Wolgast Corporation Employee Stock Ownership Plan · Sponsored by Wolgast Corporation · Michigan · Construction

$45M in assets, 99 participants

Wolgast Corporation's Wolgast Corporation Employee Stock Ownership Plan reported $45M in total assets and 99 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 123,622 plans)
  • #7,355 in Construction (9,039 peers)

Where Wolgast Corporation Employee Stock Ownership Plan sits by assets

Wolgast Corporation Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $45M for 99 participants (~$457,771/participant), up 3.9% in 2024.

$45M
total plan assets (2024 EOY)
99
covered participants
83rd
percentile by assets (of 123,622 plans)
$457,771
avg assets per participant

Where Wolgast Corporation Employee Stock Ownership Plan sits by total assets

Wolgast Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$45,319,323 Top 17% higher than 83% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wolgast Corporation Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $221K in the plan year 2024 filing.
  • Wolgast Corporation Employee Stock Ownership Plan reported participants fell from 120 in the plan year 2023 filing to 99 in the plan year 2024 filing.
  • Wolgast Corporation Employee Stock Ownership Plan end-of-year assets rose from $44M in the plan year 2023 filing to $45M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Michigan
Industry
Construction

Wolgast Corporation Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Wolgast Corporation Employee Stock Ownership Plan outranks 83% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$36M
Net Income$221K
Employer EIN381912119
Plan Effective Date1998-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wolgast Corporation)

$45M$50M$55M$60M 202220232024 $47.7M $58.8M ▲ +23.4%
Total plan assets by year, all Wolgast Corporation plans on file
Year Plans Participants Total Assets
2022 2 217 $48M
2023 2 235 $55M
2024 2 214 $59M

Nearby ESOP Plans in Michigan

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

Wolgast Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Wolgast Corporation …, Total assets ($B): 0.045319323 · Participants: 99Wolgast Corporation …Mcnaughton-Mckay Ele…, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Ele…The Kendall Group Em…, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Em…Project Worldwide, I…, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, I…Motor City Electric …, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric …Lee Contracting, Inc…, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc…
Wolgast Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Wolgast Corporation Employee Stock Owner… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Wolgast Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Wolgast Corporation Employee Stock Ownership Plan assets move in 2024? ▼
Wolgast Corporation Employee Stock Ownership Plan edged up modestly - up 3.9% during 2024, from $44M to $45M. Reported net income was $221K.
How have Wolgast Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wolgast Corporation's sponsor-wide assets grew 23.4%, from $48M to $59M.
Where does Wolgast Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Wolgast Corporation Employee Stock Ownership Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Wolgast Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is California Hydronics Corporation Employee Stock Ownership Plan in CA ($45M, 180 participants).

Next read for Wolgast Corporation Employee Stock Owner…

Scale reading

Ways to act on Wolgast Corporation Employee Stock Ownership Plan's numbers.

  • By total assets, Wolgast Corporation Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
  • Wolgast Corporation's sponsor-wide assets have grown 23.4% since 2022 across 3 plan years on file. More Construction plans

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 381912119.

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.