ESOP · DOL Form 5500 · 2022
Phipps, Inc. ESOP
Data updated 2026-08-25
- $9M
- Total assets Small plan by assets
- 4
- Participants Small participant base
- 62nd
- Percentile by assets National rank
- $2.1M
- Avg per participant High balance/head
Official DOL plan name: Phipps, Inc. Employee Stock Ownership Plan · Sponsored by Phipps, Inc. · Iowa · Agriculture, Forestry & Fishing
$9M in assets, 4 participants
Phipps, Inc.'s Phipps, Inc. Employee Stock Ownership Plan reported $9M in total assets and 4 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.
- #1,039 in Agriculture, Forestry & Fishing (1,523 peers)
2022 asset change
Phipps, Inc. Employee Stock Ownership Plan grew sharply 24.8% in 2022 ($7M → $9M) for 4 participants.
- #1,039
- in Agriculture, Forestry & Fishing (1,523 peers)
- +24.8%
- assets growth YoY
Phipps, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers
Phipps, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$8,537,061 Top 38% higher than 62% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Phipps, Inc. Employee Stock Ownership Plan among micro filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Phipps, Inc. Employee Stock Ownership Plan is a micro filing (4 participants), the leftmost band.
DOL schedule card
Filing strip 421362639 · Phipps, Inc. PY 2022 · ESOP
Phipps, Inc. Employee Stock Ownership Plan · $9M · 4 · 62nd
- NET $9M
- NET 4
- NET 62nd
- NET ESOP
- NET near Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement
- NET ind #1039
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 Iowa →
Phipps, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Phipps, Inc. years around the 2022 move
Sponsor-wide plan assets over time
All Phipps, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $8M 6.034770045569546% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 4 | $9M |
| 2023 | 1 | 4 | $8M |
| 2024 | 1 | 4 | $8M |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $9M |
| Net Income | $2M |
| Employer EIN | 421362639 |
| Plan Effective Date | 1991-02-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $686M · 781
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $437M · 774
- Precision, Inc. Employee Stock Ownership Plan and Trust $403M · 645
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $383M · 643
- Annett Holdings, Inc. Employee Stock Ownership Plan & Trust $362M · 2,582
Phipps, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Iowa, the nearest ESOP by assets is Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement in MO ($9M); by covered participants it is Jim White Lumber Sales Inc Employee Stock Ownership Plan and Trust in MI (4 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($9M here).
- Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement (MO) $9M · 25
- Anaconda Foundry Fabrication Company, Inc. Employee Stock Ownership Plan (MT) $9M · 64
- Climate Design Air Conditioning, Inc. Employee Stock Ownership Plan (FL) $9M · 36
- United Pipe & Supply Co., Inc. Employee Stock Ownership Plan (IL) $9M · 33
Similar participant headcount
Nearest other-state filings by covered participants (4 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.