ESOP · DOL Form 5500 · 2022

Lunseth Plumbing & Heating Company ESOP

Data updated 2026-08-11

$42M
Total assets
126
Participants
86th
Percentile by assets
$329,793
Avg per participant
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Official DOL plan name: Lunseth Plumbing and Heating Co. ESOP · Sponsored by Lunseth Plumbing & Heating Company · North Dakota · Construction

$42M in assets, 126 participants

Lunseth Plumbing & Heating Company's Lunseth Plumbing and Heating Co. ESOP reported $42M in total assets and 126 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #8,411 in Construction (9,927 peers)

Coverage in North Dakota

Lunseth Plumbing and Heating Co. ESOP covers 126 participants in North Dakota, about 25% of the average North Dakota filer (state average ~504 per filing). Assets: $42M.

$42M
total plan assets (2022 EOY)
126
covered participants
86th
percentile by assets (of 139,126 plans)
$329,793
avg assets per participant
State
Industry

Participants vs North Dakota filers

In North Dakota, the average filing covers about 504 participants across 359 plans. Lunseth Plumbing and Heating Co. ESOP reports 126 participants - about 25% of that state average ($42M EOY assets).

North Dakota filing particulars

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$41M
Net Income$8M
Employer EIN450160050
Plan Effective Date2009-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lunseth Plumbing & Heating Company)

$30M$40M$50M$60M$70M$80M 202220232024 $41.6M $70.9M ▲ +70.7%
Total plan assets by year, all Lunseth Plumbing & Heating Company plans on file
Year Plans Participants Total Assets
2022 1 126 $42M
2023 1 112 $55M
2024 1 123 $71M

Nearby ESOP Plans in North Dakota

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

Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants

Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.5 Total assets ($B) Participants Lunseth Plumbing and…Border States Indust…Scheels Employee Sto…Dakota Supply Group,…Ulteig, Inc. Employe…Ulteig, Inc. Employe…
Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Lunseth Plumbing and Heating Co. ESOP by total assets, not by location.

Frequently Asked Questions

How did Lunseth Plumbing and Heating Co. ESOP assets move in 2022?
Lunseth Plumbing and Heating Co. ESOP grew sharply - up 22.5% during 2022, from $34M to $42M. Reported net income was $8M.
How have Lunseth Plumbing & Heating Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Lunseth Plumbing & Heating Company's sponsor-wide assets grew 70.7%, from $42M to $71M.
Where does Lunseth Plumbing and Heating Co. ESOP rank by assets among Form 5500 filers?
Lunseth Plumbing and Heating Co. ESOP ranks in the 86th 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 Lunseth Plumbing and Heating Co. ESOP?
Among ESOP plans in other states, the closest by assets is Charles D. Jones & Company, Inc. Employee Stock Ownership Plan in MO ($42M, 137 participants).

Next read for Lunseth Plumbing and Heating Co. ESOP

Filing takeaways

Ways to act on Lunseth Plumbing and Heating Co. ESOP's numbers.

  • By total assets, Lunseth Plumbing and Heating Co. ESOP ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in North Dakota. Compare plans
  • Lunseth Plumbing & Heating Company's sponsor-wide assets have grown 70.7% since 2022 across 3 plan years on file. More Construction plans