ESOP · DOL Form 5500 · 2022

Libra Industries, Inc. of Michigan ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
41
Participants Small participant base
65th
Percentile by assets National rank
$243,832
Avg per participant Above avg balance/head
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Official DOL plan name: Libra Industries, Inc. of Michigan Employee Stock Ownership Plan · Sponsored by Libra Industries, Inc. of Michigan · Michigan · Professional & Technical Services

$10M in assets, 41 participants

Libra Industries, Inc. of Michigan's Libra Industries, Inc. of Michigan Employee Stock Ownership Plan reported $10M in total assets and 41 participants in its 2022 DOL Form 5500 filing, ranking in the 65th 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.

  • #13,727 in Professional & Technical Services (21,562 peers)

Libra Industries, Inc. of Michigan multi-year trail

Libra Industries, Inc. of Michigan's plans moved +70.7% in assets from 2022 to 2024; this filing shows Libra Industries, Inc. of Michigan Employee Stock Ownership Plan at $10M / 41 participants.

#13,727
in Professional & Technical Services (21,562 peers)
+9.4%
assets growth YoY

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan vs every filed plan by assets

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

$9,997,130 Top 35% higher than 65% of 139,123 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 2022

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Libra Industries, Inc. of Michigan Employee Stock Ownership Plan is a small filing (41 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 381894102 · Libra Industries, Inc. of Michigan PY 2022 · ESOP

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan · $10M · 41 · 65th

  • NET $10M
  • NET 41
  • NET 65th
  • NET ESOP
  • NET near Selway Machine Tool Co., Inc. Employee Stock Ownership Plan
  • NET ind #13727

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 Michigan →

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan in the asset neighbourhood

Agi Industries, Inc. Employee Stock Ownership PlanAgi Industries, Inc. Employe…$10MMartin/Brattrud, Inc. Employee Stock Ownership PlanMartin/Brattrud, Inc. Employ…$10MLibra Industries, Inc. of Michigan Employee Stock Ownership PlanLibra Industries, Inc. of Mi…$10MSelway Machine Tool Co., Inc. Employee Stock Ownership PlanSelway Machine Tool Co., Inc…$10MAtap, Inc. Employee Stock Ownership PlanAtap, Inc. Employee Stock Ow…$10M
End-of-year total assets ($M) among Libra Industries, Inc. of Michigan Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Libra Industries, Inc. of Michigan multi-year asset trail

Sponsor-wide plan assets over time

All Libra Industries, Inc. of Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$17M 70.7104238916569% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $10M $17.1M ▲ +70.7%
Year Plans Participants Total Assets
2022 1 41 $10M
2023 1 36 $13M
2024 1 47 $17M

Libra Industries, Inc. of Michigan filing trail (2022)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$4M
Net Income$625K
Employer EIN381894102
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Libra Industries, Inc. of Michigan Employee Stock Ownership Plan, Total assets ($B): 0.00999713 · Participants: 41Libra Industries, Inc. of Michigan Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Libra Industries, Inc. of Michigan Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Libra Industries, Inc. of Michigan Employee Stock Ownership Plan side-by-side with 3 peers →

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Selway Machine Tool Co., Inc. Employee Stock Ownership Plan in CA ($10M); by covered participants it is Appleton Marine, Inc. Employee Stock Ownership Plan and Trust in WI (41 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (41 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Libra Industries, Inc. of Michigan Employee Stock Ownership Plan assets move in 2022? ▼
Libra Industries, Inc. of Michigan Employee Stock Ownership Plan grew at a solid clip - up 9.4% during 2022, from $9M to $10M. Reported net income was $625K.
How have Libra Industries, Inc. of Michigan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Libra Industries, Inc. of Michigan's sponsor-wide assets grew 70.7%, from $10M to $17M.
Which ESOP plans are similar in size to Libra Industries, Inc. of Michigan Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Selway Machine Tool Co., Inc. Employee Stock Ownership Plan in CA ($10M, 134 participants).
Which ESOP plans cover a similar participant headcount to Libra Industries, Inc. of Michigan Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Appleton Marine, Inc. Employee Stock Ownership Plan and Trust in WI (41 participants, $18M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381894102.

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.