ESOP · DOL Form 5500 · 2023
Lipman Hearne, Inc. ESOP
Data updated 2026-08-25
- N/A
- Total assets —
- 13
- Participants Small participant base
Official DOL plan name: Lipman Hearne, Inc. Employee Stock Ownership Plan · Sponsored by Lipman Hearne, Inc. · Illinois · Professional & Technical Services
N/A in assets, 13 participants
Lipman Hearne, Inc.'s Lipman Hearne, Inc. Employee Stock Ownership Plan reported N/A in total assets and 13 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
What the 2023 filing shows
Lipman Hearne, Inc. Employee Stock Ownership Plan holds N/A for 13 participants.
- -$24K
- reported net income
The plan reported a net loss of $24K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Lipman Hearne, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lipman Hearne, Inc. Employee Stock Ownership Plan is a small filing (13 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lipman Hearne, Inc. Employee Stock Ownership Plan reported net income fell from $173K in the plan year 2022 filing to -$24K in the plan year 2023 filing.
- Lipman Hearne, Inc. Employee Stock Ownership Plan reported participants fell from 16 in the plan year 2022 filing to 13 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 363555275 · Lipman Hearne, Inc. PY 2023 · ESOP
Lipman Hearne, Inc. Employee Stock Ownership Plan · N/A · 13
- EOY N/A
- 5500 13
- ASSETS PY 2023
- PCT ESOP
- EIN near Employees' Stock Ownership Plan of Chas. Lunsford Sons & Associates
- RANK -$24K
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 Illinois →
Filing particulars (2023)
| Total Assets (Beginning of Year) | $157K |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$24K |
| Employer EIN | 363555275 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lipman Hearne, Inc.)
Sponsor-wide plan assets over time
All Lipman Hearne, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2023 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 16 | $157K |
| 2023 | 1 | 13 | N/A |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Amsted Industries Incorporated Employees' Stock Ownership Plan $4.4B · 4,738
- Kehe Distributors, Inc. Employee Stock Ownership Plan $1.6B · 4,251
- Scot Forge Company Employee Stock Ownership Plan $1.2B · 486
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
- Bdo USA Employee Stock Ownership Plan $915M · 10,168
Lipman Hearne, Inc. Employee Stock Ownership Plan's closest out-of-state ESOP peers by headcount
Outside Illinois, the nearest ESOP by covered participants is Employees' Stock Ownership Plan of Chas. Lunsford Sons & Associates in VA (13 participants; this filing: 13 participants).
Similar participant headcount
Nearest other-state filings by covered participants (13 participants); asset peers above are excluded.
- Employees' Stock Ownership Plan of Chas. Lunsford Sons & Associates (VA) 13 · 0 off
- Quintus, Inc. Employee Stock Ownership Plan (AZ) 13 · 0 off
- Kansas-Oklahoma Machine Tools, Inc. Employee Stock Ownership Plan (KS) 13 · 0 off
- Intrepid Capital Corporation Employee Stock Ownership Plan (FL) 13 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.