ESOP · DOL Form 5500 · 2023

French Associates, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
18
Participants Small participant base
47th
Percentile by assets National rank
$325,228
Avg per participant High balance/head
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Official DOL plan name: French Associates, Inc. Employee Stock Ownership Plan · Sponsored by French Associates, Inc. · Michigan · Professional & Technical Services

$6M in assets, 18 participants

French Associates, Inc.'s French Associates, Inc. Employee Stock Ownership Plan reported $6M in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #9,249 in Professional & Technical Services (20,321 peers)

French Associates, Inc. multi-year trail

French Associates, Inc.'s plans moved +810.1% in assets from 2022 to 2024; this filing shows French Associates, Inc. Employee Stock Ownership Plan at $6M / 18 participants.

#9,249
in Professional & Technical Services (20,321 peers)
+306.6%
assets growth YoY

French Associates, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

French Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,854,100 47th percentile higher than 47% of 127,068 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 2023

French Associates, 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. French Associates, Inc. Employee Stock Ownership Plan is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • French Associates, Inc. Employee Stock Ownership Plan end-of-year assets rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • French Associates, Inc. Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • French Associates, Inc. Employee Stock Ownership Plan reported participants rose from 16 in the plan year 2022 filing to 18 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381949176 · French Associates, Inc. PY 2023 · ESOP

French Associates, Inc. Employee Stock Ownership Plan · $6M · 18 · 47th

  • 5500 $6M
  • 5500 18
  • 5500 47th
  • 5500 ESOP
  • 5500 near Worcester Manufacturing, Inc. ESOP
  • 5500 ind #9249

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 →

French Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Barnes, Inc. Employee Stock Ownership PlanBarnes, Inc. Employee Stock …$6MHarris Group Inc. Employee Stock Ownership PlanHarris Group Inc. Employee S…$6MFrench Associates, Inc. Employee Stock Ownership PlanFrench Associates, Inc. Empl…$6MWorcester Manufacturing, Inc. ESOPWorcester Manufacturing, Inc…$6MGreat Southern Capital Corporation Employee Stock Ownership PlanGreat Southern Capital Corpo…$6M
End-of-year total assets ($M) among French Associates, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

French Associates, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All French Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 810.0631988332523% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $1.44M $13.1M ▲ +809.7%
Year Plans Participants Total Assets
2022 1 16 $1M
2023 1 18 $6M
2024 1 24 $13M

French Associates, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$5M
Net Income$4M
Employer EIN381949176
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

French Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.5 Total assets ($B) Participants French Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0058541 · Participants: 18French Associates, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
French Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare French Associates, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

French Associates, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Worcester Manufacturing, Inc. ESOP in MA ($6M); by covered participants it is Endpoint Solutions Corp. Employee Stock Ownership Plan in WI (18 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (18 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did French Associates, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
French Associates, Inc. Employee Stock Ownership Plan surged - up 306.6% during 2023, from $1M to $6M. Reported net income was $4M.
How have French Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), French Associates, Inc.'s sponsor-wide assets grew 810.1%, from $1M to $13M.
Which ESOP plans are similar in size to French Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Worcester Manufacturing, Inc. ESOP in MA ($6M, 40 participants).
Which ESOP plans cover a similar participant headcount to French Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Endpoint Solutions Corp. Employee Stock Ownership Plan in WI (18 participants, $1M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 381949176.

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.