Ohio › Construction › 100 to 249 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
Goettle Employee Stock Ownership Plan
Sponsored by Goettle Holding Company, Inc., Cincinnati, OH
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 30 Nov 2025, Goettle Employee Stock Ownership Plan covered 226 participants and held $55.0M in net assets. The plan is an employee stock ownership plan sponsored by Goettle Holding Company, Inc. of Cincinnati, Ohio.
Net assets came to $243,323 per participant, well above the $60,207 median for defined contribution plans with 100 to 249 participants and well above the $54,997 median for defined contribution plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $4.0M during the year, or $19,900 per active participant against a same-size median of $2,447; participants contributed —. Benefits paid out totalled $1.1M.
Schedule C lists 1 service provider organisation paid $5,000 or more, with reported compensation of $34K: $152 per participant, well below the same-size median of $194. Administrative expenses charged to the plan were $35K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $30.0M in 2021 to $55.0M in 2024 (up 83%), and participants from 162 to 226 (up 40%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $243,323 | $60,207 | $54,997 | $53,089 |
| Employer contributions per active participant | $19,900 | $2,447 | $2,728 | $2,174 |
| Schedule C compensation per participant | $152 | $194 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.06% | 0.32% | 0.33% | 0.26% |
| Administrative expenses per participant | $153 | $176 | $167 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (22,054 plans), construction (4,222) and all US plans (63,607). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 226 | $55.0M | $243,323 | $4.0M | — | $34K |
| 2023 | 199 | $43.9M | $220,653 | $2.5M | — | $20K |
| 2022 | 178 | $36.7M | $206,427 | $2.5M | — | $12K |
| 2021 | 162 | $30.0M | $185,080 | $2.0M | — | $7,000 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$43,909,629
- Employer contributions$4,000,000
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$4,000,000
- Total income, including investment results$12,383,401
- Benefits paid$1,136,385
- Administrative expenses$34,529
- Total expenses$1,301,972
- Net income$11,081,429
- Net transfers$0
- Net assets, end of year$54,991,058
Participants
- Active participants201
- Retired or separated, receiving benefits1
- Retired or separated, entitled to future benefits24
- Participants with account balances226
- Total participants, end of year226
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| UBS | Investment management | $34,456 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Trustee and custodial fees$34,529
- Total administrative expenses$34,529
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Employer securities$54.2M · 90.3%
- Corporate stocks$2.7M · 4.6%
- Registered investment companies (mutual funds)$1.6M · 2.7%
- Cash (interest and non-interest bearing)$1.2M · 2.0%
- Corporate debt instruments$234K · 0.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmBarnes Dennig & Company Ltd.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2IStock bonus2PLeveraged ESOP2QThe employer maintaining this ESOP is an S corporation3HPlan sponsor(s) is (are) a member(s) of a controlled group3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238100: Foundation, Structure, & Building Exterior Contractors (including framing carpentry, masonry, glass, roofing, & siding).
Other plans of Goettle Holding Company, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Richard Goettle, Inc. 401(k) Plan | 257 | $20.0M |
Similar plans in Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Applied Mechanical Systems, Inc. 401(k) Profit Sharing Plan | Applied Mechanical Systems, Inc. | 227 | $19.8M | $87,253 |
| Romanoff Electric, Inc. Retirement Plan | Romanoff Electric, Inc. | 225 | $3.1M | $13,630 |
| Jurgensen Companies Salaried Retirement Plan | John R. Jurgensen & Associated Companies | 228 | $67.6M | $296,673 |
| Jess Howard Electric Company Employees' Amended and Restated 401(k) Profit Sharing Plan and Trust | Jess Howard Electric Company, Inc. | 223 | $15.2M | $68,034 |
| Oglesby Construction 401(k) Profit Sharing Plan | Oglesby Construction, Inc. | 230 | $15.4M | $67,119 |
| The Superior Group 401(k) and Profit Sharing Plan | Electrical Specialists, Inc. DBA the Superior Group | 223 | $14.0M | $62,721 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is Goettle Employee Stock Ownership Plan?
226 participants at the end of the plan year ending 30 Nov 2025, of whom 201 were active employees, with net assets of $54,991,058. Among defined contribution plans that places it in the 100 to 249 participants band, which held 22,054 plans in plan year 2024.
What does Goettle Holding Company, Inc. contribute per participant?
The filing reports $4,000,000 in employer contributions for the year, which is $19,900 per active participant; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $34,456 in compensation to service provider organisations, $152 per participant or 0.06% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $34,529. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Goettle Holding Company, Inc.. Investment advisory or management: UBS. The financial statements were audited by Barnes Dennig & Company Ltd.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 15 Sep 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Sep 2026. This page shows the latest filing on record for EIN 31-0589745, plan 001, received 15 Sep 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.