ESOP · DOL Form 5500 · 2022

Flagship Converters, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
49
Participants Small participant base
72nd
Percentile by assets National rank
$302,857
Avg per participant High balance/head
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Official DOL plan name: Flagship Converters, Inc. Employee Stock Ownership Plan · Sponsored by Flagship Converters, Inc. · Connecticut · Manufacturing

$15M in assets, 49 participants

Flagship Converters, Inc.'s Flagship Converters, Inc. Employee Stock Ownership Plan reported $15M in total assets and 49 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #12,707 in Manufacturing (20,602 peers)

What the 2022 filing shows

Flagship Converters, Inc. Employee Stock Ownership Plan holds $15M for 49 participants - about $302,857 per participant, above the median plan by assets.

#12,707
in Manufacturing (20,602 peers)
+0.3%
assets growth YoY

Flagship Converters, Inc. Employee Stock Ownership Plan's outsized position by total assets

Flagship Converters, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$14,840,000 Top 28% higher than 72% 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

Flagship Converters, Inc. 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. Flagship Converters, Inc. Employee Stock Ownership Plan is a small filing (49 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 061268526 · Flagship Converters, Inc. PY 2022 · ESOP

Flagship Converters, Inc. Employee Stock Ownership Plan · $15M · 49 · 72nd

  • RANK $15M
  • RANK 49
  • RANK 72nd
  • RANK ESOP
  • RANK near Martin Bros./Marcowall, Inc. Employee Stock Ownership Plan
  • RANK ind #12707

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 Connecticut →

Flagship Converters, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Durham & Bates Agencies, Inc. Employee Stock Ownership PlanDurham & Bates Agencies, Inc…$15MMidwestone Financial Group, Inc. Employee Stock Ownership PlanMidwestone Financial Group, …$15MFlagship Converters, Inc. Employee Stock Ownership PlanFlagship Converters, Inc. Em…$15MMartin Bros./Marcowall, Inc. Employee Stock Ownership PlanMartin Bros./Marcowall, Inc.…$15MAdmix, Inc. Employee Stock Ownership PlanAdmix, Inc. Employee Stock O…$15M
End-of-year total assets ($M) among Flagship Converters, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$15M
Net Income$48K
Employer EIN061268526
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Flagship Converters, Inc.)

Sponsor-wide plan assets over time

All Flagship Converters, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 5.761455525606469% vs 2022
2024 filing year
$13.5M$14M$14.5M$15M$15.5M$16M 202220232024 $14.8M $14M ▼ -5.7%
Year Plans Participants Total Assets
2022 1 49 $15M
2023 1 50 $15M
2024 1 44 $14M

Nearby ESOP Plans in Connecticut

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

Flagship Converters, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 0100200300400500600 -1000100200300400 Total assets ($M) Participants Flagship Converters, Inc. Employee Stock Ownership Plan, Total assets ($M): 14.84 · Participants: 49Flagship Converters, Inc. Employee Stock Ownership PlanMott Corporation Employee Stock Ownership Plan, Total assets ($M): 367.564048 · Participants: 212Mott Corporation Employee Stock Ownership PlanSonalysts, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.429241 · Participants: 410Sonalysts, Inc. Employee Stock Ownership PlanBl Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 94.746005 · Participants: 305Bl Companies, Inc. Employee Stock Ownership PlanEurpac Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 88.269386 · Participants: 502Eurpac Service, Inc. Employee Stock Ownership PlanTwin Mro Employee Stock Ownership Plan, Total assets ($M): 50.402373 · Participants: 89Twin Mro Employee Stock Ownership Plan
Flagship Converters, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
Compare Flagship Converters, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest ESOP by assets is Martin Bros./Marcowall, Inc. Employee Stock Ownership Plan in CA ($15M); by covered participants it is Csb Bancshares Inc Amended Employee Stock Ownership Plan in KS (49 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (49 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 Flagship Converters, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Flagship Converters, Inc. Employee Stock Ownership Plan held essentially flat - up 0.3% during 2022, from $15M to $15M. Reported net income was $48K.
How have Flagship Converters, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Flagship Converters, Inc.'s sponsor-wide assets declined 5.8%, from $15M to $14M.
Which ESOP plans are similar in size to Flagship Converters, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Martin Bros./Marcowall, Inc. Employee Stock Ownership Plan in CA ($15M, 98 participants).
Which ESOP plans cover a similar participant headcount to Flagship Converters, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Csb Bancshares Inc Amended Employee Stock Ownership Plan in KS (49 participants, $10M 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 061268526.

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.