ESOP · DOL Form 5500 · 2022
Border States Industries, Inc. ESOP
Data updated 2026-08-06
- $1.1B
- Total assets
- 2,781
- Participants
- 99th
- Percentile by assets
- $397,765
- Avg per participant
Official DOL plan name: Border States Industries, Inc. Employee Stock Ownership Plan · Sponsored by Border States Industries, Inc. · North Dakota · Wholesale Trade
$1.1B in assets, 2,781 participants
Border States Industries, Inc.'s Border States Industries, Inc. Employee Stock Ownership Plan reported $1.1B in total assets and 2,781 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,258 plans)
- #6,803 in Wholesale Trade (6,848 peers)
Coverage in North Dakota
Border States Industries, Inc. Employee Stock Ownership Plan covers 2,781 participants in North Dakota, 5.3x the typical North Dakota plan (state average ~522 per filing). Assets: $1.1B.
- $1.1B
- total plan assets (2022 EOY)
- 2,781
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $397,765
- avg assets per participant
Participants vs North Dakota filers
In North Dakota, the average filing covers about 522 participants across 339 plans. Border States Industries, Inc. Employee Stock Ownership Plan reports 2,781 participants - 5.3x that state average ($1.1B EOY assets).
North Dakota filing particulars
| Total Assets (Beginning of Year) | $838M |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | $278M |
| Employer EIN | 450275004 |
| Plan Effective Date | 1984-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Border States Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,175 | $1.3B |
| 2023 | 2 | 5,853 | $1.4B |
| 2024 | 2 | 6,351 | $1.6B |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Border States Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
- Scheels Employee Stock Ownership Plan $762M · 3,187
- Dakota Supply Group, Inc. Employee Stock Ownership Plan $234M · 616
- Ulteig, Inc. Employee Stock Ownership Plan $137M · 778
- Ulteig, Inc. Employee Stock Ownership Plan $137M · 778
- State Bankshares Employee Stock Ownership Plan and Trust $81M · 1,432
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Border States Industries, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement (PA) $1.2B · 337
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan (MI) $1.1B · 1,155
- Kehe Distributors, Inc. Employee Stock Ownership Plan (IL) $1.2B · 3,905
- Mccarthy Employee Stock Ownership Plan (MO) $1.2B · 3,252
Frequently Asked Questions
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Filing takeaways
Ways to act on Border States Industries, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Border States Industries, Inc. Employee Stock Ownership Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in North Dakota. Compare plans
- Border States Industries, Inc.'s sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Wholesale Trade plans