ESOP · DOL Form 5500 · 2024

Griffon Corporation ESOP

Data updated 2026-08-11

$306M
Total assets
3,209
Participants
96th
Percentile by assets
$95,386
Avg per participant
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Official DOL plan name: Griffon Corporation Employee Stock Ownership Plan · Sponsored by Griffon Corporation · New York · Professional & Technical Services

$306M in assets, 3,209 participants

Griffon Corporation's Griffon Corporation Employee Stock Ownership Plan reported $306M in total assets and 3,209 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #19,543 in Professional & Technical Services (20,173 peers)

Coverage in New York

Griffon Corporation Employee Stock Ownership Plan covers 3,209 participants in New York, 4.0x the typical New York plan (state average ~798 per filing). Assets: $306M.

$306M
total plan assets (2024 EOY)
3,209
covered participants
96th
percentile by assets (of 123,622 plans)
$95,386
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Griffon Corporation Employee Stock Ownership Plan reported net income fell from $118M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Griffon Corporation Employee Stock Ownership Plan reported participants fell from 3,674 in the plan year 2023 filing to 3,209 in the plan year 2024 filing.
  • Griffon Corporation Employee Stock Ownership Plan end-of-year assets rose from $299M in the plan year 2023 filing to $306M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Griffon Corporation Employee Stock Ownership Plan reports 3,209 participants - 4.0x that state average ($306M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$299M
Net Assets (End of Year)$306M
Net Income$8M
Employer EIN111893410
Plan Effective Date1982-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Griffon Corporation)

$700M$800M$900M$1,000M 202220232024 $753M $956M ▲ +26.9%
Total plan assets by year, all Griffon Corporation plans on file
Year Plans Participants Total Assets
2022 2 9,155 $753M
2023 2 7,987 $927M
2024 2 7,116 $956M

Nearby ESOP Plans in New York

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

Griffon Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Griffon Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 02004006008001000 Total assets ($M) Participants Griffon Corporation …Stewart's Shops Corp…North Coast Holdings…Greenman-Pedersen, I…Marshall & Sterling …H.C. Wainwright & Co…
Griffon Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Griffon Corporation Employee Stock Ownership Plan assets move in 2024?
Griffon Corporation Employee Stock Ownership Plan edged up modestly - up 2.5% during 2024, from $299M to $306M. Reported net income was $8M.
How have Griffon Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Griffon Corporation's sponsor-wide assets grew 26.9%, from $753M to $956M.
Where does Griffon Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Griffon Corporation Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Griffon Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Mott Corporation Employee Stock Ownership Plan in CT ($305M, 327 participants).

Next read for Griffon Corporation Employee Stock Owner…

Filing takeaways

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