ESOP · DOL Form 5500 · 2023

Libra Industries, Inc. of Michigan ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
36
Participants Small participant base
64th
Percentile by assets National rank
$361,948
Avg per participant High balance/head
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Official DOL plan name: Libra Industries, Inc. of Michigan Employee Stock Ownership Plan · Sponsored by Libra Industries, Inc. of Michigan · Michigan · Professional & Technical Services

$13M in assets, 36 participants

Libra Industries, Inc. of Michigan's Libra Industries, Inc. of Michigan Employee Stock Ownership Plan reported $13M in total assets and 36 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #12,905 in Professional & Technical Services (20,321 peers)

Libra Industries, Inc. of Michigan multi-year trail

Libra Industries, Inc. of Michigan's plans moved +70.7% in assets from 2022 to 2024; this filing shows Libra Industries, Inc. of Michigan Employee Stock Ownership Plan at $13M / 36 participants.

#12,905
in Professional & Technical Services (20,321 peers)
+30.3%
assets growth YoY

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan vs every filed plan by assets

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

$13,030,136 Top 36% higher than 64% 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

Libra Industries, Inc. of Michigan 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. Libra Industries, Inc. of Michigan Employee Stock Ownership Plan is a small filing (36 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Libra Industries, Inc. of Michigan Employee Stock Ownership Plan reported net income rose from $625K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Libra Industries, Inc. of Michigan Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Libra Industries, Inc. of Michigan Employee Stock Ownership Plan reported participants fell from 41 in the plan year 2022 filing to 36 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381894102 · Libra Industries, Inc. of Michigan PY 2023 · ESOP

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan · $13M · 36 · 64th

  • SCH $13M
  • SCH 36
  • SCH 64th
  • SCH ESOP
  • SCH near Park Engineering Employee Stock Ownership Plan
  • SCH ind #12905

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 →

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan in the asset neighbourhood

The Bank of Greene County Employee Stock Ownership PlanThe Bank of Greene County Em…$13MG.a.P. Holding Company, Inc. Employee Stock Ownership PlanG.a.P. Holding Company, Inc.…$13MLibra Industries, Inc. of Michigan Employee Stock Ownership PlanLibra Industries, Inc. of Mi…$13MPark Engineering Employee Stock Ownership PlanPark Engineering Employee St…$13MRyco Inc. Employee Stock Ownership PlanRyco Inc. Employee Stock Own…$13M
End-of-year total assets ($M) among Libra Industries, Inc. of Michigan Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Libra Industries, Inc. of Michigan multi-year asset trail

Sponsor-wide plan assets over time

All Libra Industries, Inc. of Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$17M 70.7104238916569% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $10M $17.1M ▲ +70.7%
Year Plans Participants Total Assets
2022 1 41 $10M
2023 1 36 $13M
2024 1 47 $17M

Libra Industries, Inc. of Michigan filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$7M
Net Income$3M
Employer EIN381894102
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Libra Industries, Inc. of Michigan 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 ($B) Participants Libra Industries, Inc. of Michigan Employee Stock Ownership Plan, Total assets ($B): 0.013030136 · Participants: 36Libra Industries, Inc. of Michigan 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
Libra Industries, Inc. of Michigan Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Libra Industries, Inc. of Michigan Employee Stock Ownership Plan side-by-side with 3 peers →

Libra Industries, Inc. of Michigan Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Park Engineering Employee Stock Ownership Plan in HI ($13M); by covered participants it is Vergith Contracting Company Employee Stock Ownership Plan in NV (36 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (36 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 Libra Industries, Inc. of Michigan Employee Stock Ownership Plan assets move in 2023? ▼
Libra Industries, Inc. of Michigan Employee Stock Ownership Plan surged - up 30.3% during 2023, from $10M to $13M. Reported net income was $3M.
How have Libra Industries, Inc. of Michigan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Libra Industries, Inc. of Michigan's sponsor-wide assets grew 70.7%, from $10M to $17M.
Which ESOP plans are similar in size to Libra Industries, Inc. of Michigan Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Park Engineering Employee Stock Ownership Plan in HI ($13M, 32 participants).
Which ESOP plans cover a similar participant headcount to Libra Industries, Inc. of Michigan Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Vergith Contracting Company Employee Stock Ownership Plan in NV (36 participants, $17M 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 381894102.

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.