ESOP · DOL Form 5500 · 2022

Bachman, Inc. ESOP

Data updated 2026-08-11

$5M
Total assets
54
Participants
50th
Percentile by assets
$88,473
Avg per participant
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Official DOL plan name: Bachman, Inc. ESOP · Sponsored by Bachman, Inc. · North Dakota · Construction

$5M in assets, 54 participants

Bachman, Inc.'s Bachman, Inc. ESOP reported $5M in total assets and 54 participants in its 2022 DOL Form 5500 filing, ranking in the 50th 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.

  • 50th percentile by assets (of 139,126 plans)
  • #4,837 in Construction (9,927 peers)

2022 asset change

Bachman, Inc. ESOP surged 77.6% in 2022 ($3M → $5M) for 54 participants.

$5M
total plan assets (2022 EOY)
54
covered participants
50th
percentile by assets (of 139,126 plans)
$88,473
avg assets per participant

Where Bachman, Inc. ESOP sits by total assets

Bachman, Inc. ESOP vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,777,520 Top 50% higher than 50% of 139,123 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 2022

State
Industry

2022 asset move for Bachman, Inc. ESOP

Year over year, total assets surged from $3M at the start of 2022 to $5M at year-end (up 77.6%). Net assets closed at $4M; reported net income $2M.

Bachman, Inc. years around the 2022 move

$4.7M$4.8M$4.9M$5M$5.1M$5.2M 202220232024 $4.78M $4.96M ▲ +3.8%
Total plan assets by year, all Bachman, Inc. plans on file
Year Plans Participants Total Assets
2022 1 54 $5M
2023 1 55 $5M
2024 1 52 $5M

2022 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$2M
Employer EIN450398385
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Bachman, Inc. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants

Bachman, Inc. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.5 Total assets ($B) Participants Bachman, Inc. ESOPBorder States Indust…Scheels Employee Sto…Dakota Supply Group,…Ulteig, Inc. Employe…Ulteig, Inc. Employe…
Bachman, Inc. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Bachman, Inc. ESOP by total assets, not by location.

Frequently Asked Questions

How did Bachman, Inc. ESOP assets move in 2022?
Bachman, Inc. ESOP surged - up 77.6% during 2022, from $3M to $5M. Reported net income was $2M.
How have Bachman, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bachman, Inc.'s sponsor-wide assets grew 3.9%, from $5M to $5M.
Which ESOP plans are similar in size to Bachman, Inc. ESOP?
Among ESOP plans in other states, the closest by assets is Healthcare Management Solutions Employee Stock Ownership Plan in WV ($5M, 144 participants).

2022 change

Ways to act on Bachman, Inc. ESOP's numbers.