ESOP · DOL Form 5500 · 2022

Force America, Inc. ESOP

Data updated 2026-08-06

$333M
Total assets
359
Participants
97th
Percentile by assets
$926,610
Avg per participant
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Official DOL plan name: Force America Inc. Employee Stock Ownership Plan · Sponsored by Force America, Inc. · Minnesota · Wholesale Trade

$333M in assets, 359 participants

Force America, Inc.'s Force America Inc. Employee Stock Ownership Plan reported $333M in total assets and 359 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,258 plans)
  • #6,719 in Wholesale Trade (6,848 peers)

Coverage in Minnesota

Force America Inc. Employee Stock Ownership Plan covers 359 participants in Minnesota, about 31% of the average Minnesota filer (state average ~1,161 per filing). Assets: $333M.

$333M
total plan assets (2022 EOY)
359
covered participants
97th
percentile by assets (of 139,258 plans)
$926,610
avg assets per participant
State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Force America Inc. Employee Stock Ownership Plan reports 359 participants - about 31% of that state average ($333M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$253M
Net Assets (End of Year)$284M
Net Income$75M
Employer EIN410965174
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Force America, Inc.)

$350M$400M$450M$500M 20222023 $362M $465M â–˛ +28.6%
Total plan assets by year, all Force America, Inc. plans on file
Year Plans Participants Total Assets
2022 2 756 $362M
2023 2 830 $465M

Nearby ESOP Plans in Minnesota

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

Force America Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Force America Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 200300400500600700 Total assets ($M) Participants Force America Inc. E…Andersen Corporation…Hormel Foods Corpora…Kingdom Enterprises,…Polaris Inc. Employe…Landscape Structures…
Force America Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Force America Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Force America Inc. Employee Stock Ownership Plan assets move in 2022?
Force America Inc. Employee Stock Ownership Plan surged - up 31.5% during 2022, from $253M to $333M. Reported net income was $75M.
How have Force America, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Force America, Inc.'s sponsor-wide assets grew 28.6%, from $362M to $465M.
Where does Force America Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Force America Inc. Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Force America Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Je Dunn Employee Stock Ownership Plan and Trust in MO ($332M, 2,641 participants).

Next read for Force America Inc. Employee Stock Owners…

Filing takeaways

Ways to act on Force America Inc. Employee Stock Ownership Plan's numbers.