ESOP · DOL Form 5500 · 2022

Sac Ventures, Inc. ESOP

Data updated 2026-08-25

$35M
Total assets Below avg plan size
454
Participants Below avg headcount
85th
Percentile by assets National rank
$76,666
Avg per participant Below avg balance/head
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Official DOL plan name: Flat Rock Metal and Bar Processing Employee Stock Ownership Plan · Sponsored by Sac Ventures, Inc. · Michigan · Manufacturing

$35M in assets, 454 participants

Sac Ventures, Inc.'s Flat Rock Metal and Bar Processing Employee Stock Ownership Plan reported $35M in total assets and 454 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,034 in Manufacturing (20,602 peers)

Where Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits by assets

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $35M for 454 participants (~$76,666/participant), up 102.9% in 2022.

#16,034
in Manufacturing (20,602 peers)
+102.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan's outsized position by total assets

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan vs every filed plan by assets

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

$34,806,290 Top 15% higher than 85% 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

Flat Rock Metal and Bar Processing 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. Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits mid-pack in the medium band (454 participants).

Plan-year Form 5500 strip

Filing strip 383433082 · Sac Ventures, Inc. PY 2022 · ESOP

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan · $35M · 454 · 85th

  • VS-ST $35M
  • BOY 454
  • SCH 85th
  • EBSA ESOP
  • PART near Southeast Bancorp, Inc. Employee Stock Ownership Plan
  • TYPE ind #16034

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 →

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan in the asset neighbourhood

Community Trust Bancorp Inc Employee Stock Ownership PlanCommunity Trust Bancorp Inc …$35MMindworks Innovations, Inc. Employee Stock Ownership PlanMindworks Innovations, Inc. …$35MFlat Rock Metal and Bar Processing Employee Stock Ownership PlanFlat Rock Metal and Bar Proc…$35MSoutheast Bancorp, Inc. Employee Stock Ownership PlanSoutheast Bancorp, Inc. Empl…$35MKimberlite Corporation Employee Stock Ownership PlanKimberlite Corporation Emplo…$35M
End-of-year total assets ($M) among Flat Rock Metal and Bar Processing Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)-$22M
Net Income$19M
Employer EIN383433082
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sac Ventures, Inc.)

Sponsor-wide plan assets over time

All Sac Ventures, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 33.46774390490914% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $34.8M $23.2M ▼ -33.5%
Year Plans Participants Total Assets
2022 1 454 $35M
2023 1 443 $47M
2024 1 431 $23M

Nearby ESOP Plans in Michigan

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

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Flat Rock Metal and Bar Processing Employee Stock Ownership Plan, Total assets ($B): 0.03480629 · Participants: 454Flat Rock Metal and Bar Processing 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
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Flat Rock Metal and Bar Processing Employee Stock Ownership Plan side-by-side with 3 peers →

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Southeast Bancorp, Inc. Employee Stock Ownership Plan in TN ($35M); by covered participants it is Reliable Community Bancshares, Inc. Employee Stock Ownership Plan in MO (455 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (454 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 Flat Rock Metal and Bar Processing Employee Stock Ownership Plan assets move in 2022? ▼
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan surged - up 102.9% during 2022, from $17M to $35M. Reported net income was $19M.
How have Sac Ventures, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sac Ventures, Inc.'s sponsor-wide assets declined 33.5%, from $35M to $23M.
Where does Flat Rock Metal and Bar Processing Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Flat Rock Metal and Bar Processing Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Southeast Bancorp, Inc. Employee Stock Ownership Plan in TN ($35M, 257 participants).
Which ESOP plans cover a similar participant headcount to Flat Rock Metal and Bar Processing Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Reliable Community Bancshares, Inc. Employee Stock Ownership Plan in MO (455 participants, $37M 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 383433082.

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.