ESOP · DOL Form 5500 · 2022

Minnwest Corporation ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
360
Participants Below avg headcount
48th
Percentile by assets National rank
$11,994
Avg per participant Low balance/head
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Official DOL plan name: Minnwest Corporation Employee Stock Ownership Plan · Sponsored by Minnwest Corporation · Minnesota · Finance & Insurance

$4M in assets, 360 participants

Minnwest Corporation's Minnwest Corporation Employee Stock Ownership Plan reported $4M in total assets and 360 participants in its 2022 DOL Form 5500 filing, ranking in the 48th 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.

  • #3,044 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Minnwest Corporation Employee Stock Ownership Plan covers 360 participants in Minnesota, about 32% of the average Minnesota filer (state average ~1,126 per filing). Assets: $4M.

#3,044
in Finance & Insurance (9,261 peers)
$511K
reported net income

Minnwest Corporation Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Minnwest Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$4,317,880 48th percentile higher than 48% 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

Minnwest Corporation 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. Minnwest Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (360 participants).

Published 5500 schedule card

Filing strip 411549950 · Minnwest Corporation PY 2022 · ESOP

Minnwest Corporation Employee Stock Ownership Plan · $4M · 360 · 48th

  • TYPE $4M
  • TYPE 360
  • TYPE 48th
  • TYPE ESOP
  • TYPE near Two Rivers Financial Group Employee Stock Ownership Plan
  • TYPE ind #3044

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 Minnesota →

Minnwest Corporation Employee Stock Ownership Plan in the asset neighbourhood

Minnwest Corporation Employee Stock Ownership PlanMinnwest Corporation Employe…$4MTwo Rivers Financial Group Employee Stock Ownership PlanTwo Rivers Financial Group E…$4MElder Research Employee Stock Ownership PlanElder Research Employee Stoc…$4MSteckbeck Engineering & Surveying, Inc. ESOPSteckbeck Engineering & Surv…$4MMgx Holdings, Inc. Employee Stock Ownership PlanMgx Holdings, Inc. Employee …$4M
End-of-year total assets ($M) among Minnwest Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$511K
Net Income$511K
Employer EIN411549950
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnwest Corporation)

Sponsor-wide plan assets over time

All Minnwest Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$77M 25.960195922340528% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $61.3M $77.3M ▲ +26.0%
Year Plans Participants Total Assets
2022 2 806 $61M
2023 2 765 $70M
2024 2 746 $77M

Nearby ESOP Plans in Minnesota

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

Minnwest Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Minnwest Corporation Employee Stock Ownership Plan, Total assets ($M): 4.31788 · Participants: 360Minnwest Corporation Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Minnwest Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Minnwest Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Minnwest Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Two Rivers Financial Group Employee Stock Ownership Plan in IA ($4M); by covered participants it is Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust in AZ (360 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (360 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 have Minnwest Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnwest Corporation's sponsor-wide assets grew 26.0%, from $61M to $77M.
Which ESOP plans are similar in size to Minnwest Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Two Rivers Financial Group Employee Stock Ownership Plan in IA ($4M, 135 participants).
Which ESOP plans cover a similar participant headcount to Minnwest Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust in AZ (360 participants, $68M 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 411549950.

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.