ESOP · DOL Form 5500 · 2022

Strategic Financial Solutions, LLC ESOP

Data updated 2026-08-11

$103M
Total assets: 597
Participants: 93rd
Percentile by assets: $172,734
Avg per participant

Official DOL plan name: Strategic ESOP · Sponsored by Strategic Financial Solutions, LLC · New York · Finance & Insurance

$103M in assets, 597 participants

Strategic Financial Solutions, LLC's Strategic ESOP reported $103M in total assets and 597 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 139,126 plans)
#8,211 in Finance & Insurance (9,261 peers)

Where Strategic ESOP sits by assets

Strategic ESOP sits in the top 10% of all filed plans by assets, $103M for 597 participants (~$172,734/participant), down 4.2% in 2022.

$103M
total plan assets (2022 EOY): 597
covered participants: 93rd
percentile by assets (of 139,126 plans): $172,734
avg assets per participant

The plan reported a net loss of $899K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

New York

Industry

Finance & Insurance

Strategic ESOP vs the 2022 asset distribution

By assets, Strategic ESOP outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)	$108M
Net Assets (End of Year)	-$274M
Net Income	-$899K
Employer EIN	462683176
Plan Effective Date	2017-05-01
Filing Status	FILING RECEIVED

Nearby ESOP Plans in New York

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

Strategic ESOP vs. nearby ESOP plans in New York, assets vs. participants

Stewart's Shops Corp Employee Stock Ownership Plan $782M · 3,443
Lewis Tree Service Employee Stock Ownership Plan $384M · 3,307
H.C. Wainwright & Co. Employee Stock Ownership Plan $293M · 118
Greenman-Pedersen, Inc. Employee Stock Ownership Plan $207M · 1,611
Griffon Corporation Employee Stock Ownership Plan $184M · 3,775

Compare Strategic ESOP side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Strategic ESOP by total assets, not by location.

Fin Feather Fur Outfitters, Inc. Employee Stock Ownership Plan (OH) $103M · 181
R. M. Towill Corporation Employee Stock Ownership Plan (HI) $103M · 99
Rancho Mesquite Casino, Inc. Employee Stock Ownership Plan (NV) $104M · 422
The Franklin Group, Inc. Employee Stock Ownership Plan and Trust (ID) $102M · 569

Frequently Asked Questions

How did Strategic ESOP assets move in 2022? ▼

Strategic ESOP edged down modestly - down 4.2% during 2022, from $108M to $103M. Reported net income was -$899K.

Where does Strategic ESOP rank by assets among Form 5500 filers? ▼

Strategic ESOP ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Strategic ESOP? ▼

Among ESOP plans in other states, the closest by assets is Fin Feather Fur Outfitters, Inc. Employee Stock Ownership Plan in OH ($103M, 181 participants).

Next read for Strategic ESOP

Scale reading

Ways to act on Strategic ESOP's numbers.

By total assets, Strategic ESOP ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans

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 462683176.