ESOP · DOL Form 5500 · 2022

Spinnaker Holding Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
207
Participants Below avg headcount
38th
Percentile by assets National rank
$12,482
Avg per participant Low balance/head
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Official DOL plan name: Spinnaker Holding, Inc. Employee Stock Ownership Plan · Sponsored by Spinnaker Holding Inc. · Ohio · Manufacturing

$3M in assets, 207 participants

Spinnaker Holding Inc.'s Spinnaker Holding, Inc. Employee Stock Ownership Plan reported $3M in total assets and 207 participants in its 2022 DOL Form 5500 filing, ranking in the 38th 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.

  • #4,387 in Manufacturing (20,602 peers)

Coverage in Ohio

Spinnaker Holding, Inc. Employee Stock Ownership Plan covers 207 participants in Ohio, about 27% of the average Ohio filer (state average ~765 per filing). Assets: $3M.

#4,387
in Manufacturing (20,602 peers)
-75.5%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spinnaker Holding, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Spinnaker Holding, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,583,703 38th percentile higher than 38% 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

Spinnaker Holding, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spinnaker Holding, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (207 participants).

DOL schedule card

Filing strip 454227859 · Spinnaker Holding Inc. PY 2022 · ESOP

Spinnaker Holding, Inc. Employee Stock Ownership Plan · $3M · 207 · 38th

  • BOOK $3M
  • BOOK 207
  • BOOK 38th
  • BOOK ESOP
  • BOOK near J & G Electric Employee Stock Ownership Plan
  • BOOK ind #4387

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 Ohio →

Spinnaker Holding, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Spinnaker Holding, Inc. Employee Stock Ownership PlanSpinnaker Holding, Inc. Empl…$3MJ & G Electric Employee Stock Ownership PlanJ & G Electric Employee Stoc…$3MLawson Roofing Co., Inc. Employee Stock Ownership PlanLawson Roofing Co., Inc. Emp…$3MEcigroup Employee Stock Ownership PlanEcigroup Employee Stock Owne…$3MThe Bank of Herrin Employee Stock Ownership PlanThe Bank of Herrin Employee …$3M
End-of-year total assets ($M) among Spinnaker Holding, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$3M
Net Income-$4M
Employer EIN454227859
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Spinnaker Holding Inc.)

Sponsor-wide plan assets over time

All Spinnaker Holding Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 14.756881886192028% vs 2022
2024 filing year
$2.4M$2.6M$2.8M$3M 202220232024 $2.58M $2.96M ▲ +14.7%
Year Plans Participants Total Assets
2022 2 447 $3M
2023 1 N/A $3M
2024 1 N/A $3M

Nearby ESOP Plans in Ohio

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

Spinnaker Holding, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Spinnaker Holding, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002583703 · Participants: 207Spinnaker Holding, Inc. Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.972067387 · Participants: 30782Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.386806135 · Participants: 1000The Garland Industries, Inc. Employee Stock Ownership Plan & TrustAdvanced Drainage Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.559381199 · Participants: 3337Advanced Drainage Systems, Inc. Employee Stock Ownership PlanMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.556639229 · Participants: 808Messer Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.444757925 · Participants: 407Cleveland Steel Container Corporation Employee Stock Ownership Plan
Spinnaker Holding, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Spinnaker Holding, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Spinnaker Holding, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is J & G Electric Employee Stock Ownership Plan in NM ($3M); by covered participants it is David Allen Company, Inc. Employee Stock Ownership Plan in NC (207 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (207 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 Spinnaker Holding, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Spinnaker Holding, Inc. Employee Stock Ownership Plan contracted severely - down 75.5% during 2022, from $11M to $3M. Reported net income was -$4M.
How have Spinnaker Holding Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spinnaker Holding Inc.'s sponsor-wide assets grew 14.8%, from $3M to $3M.
Which ESOP plans are similar in size to Spinnaker Holding, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is J & G Electric Employee Stock Ownership Plan in NM ($3M, 48 participants).
Which ESOP plans cover a similar participant headcount to Spinnaker Holding, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is David Allen Company, Inc. Employee Stock Ownership Plan in NC (207 participants, $9M 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 454227859.

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.