ESOP · DOL Form 5500 · 2023

J.M. Grimstad, Inc. ESOP

Data updated 2026-08-25

$8M
Total assets Small plan by assets
46
Participants Small participant base
53rd
Percentile by assets National rank
$166,494
Avg per participant Above avg balance/head
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Official DOL plan name: J.M. Grimstad, Inc. Employee Stock Ownership Plan · Sponsored by J.M. Grimstad, Inc. · Wisconsin · Wholesale Trade

$8M in assets, 46 participants

J.M. Grimstad, Inc.'s J.M. Grimstad, Inc. Employee Stock Ownership Plan reported $8M in total assets and 46 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #2,731 in Wholesale Trade (6,309 peers)

What the 2023 filing shows

J.M. Grimstad, Inc. Employee Stock Ownership Plan holds $8M for 46 participants - about $166,494 per participant, above the median plan by assets.

#2,731
in Wholesale Trade (6,309 peers)
+6.5%
assets growth YoY

J.M. Grimstad, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

J.M. Grimstad, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$7,658,745 Top 47% higher than 53% 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

J.M. Grimstad, 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. J.M. Grimstad, Inc. Employee Stock Ownership Plan is a small filing (46 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • J.M. Grimstad, Inc. Employee Stock Ownership Plan reported net income rose from $334K in the plan year 2022 filing to $469K in the plan year 2023 filing.
  • J.M. Grimstad, Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 390978269 · J.M. Grimstad, Inc. PY 2023 · ESOP

J.M. Grimstad, Inc. Employee Stock Ownership Plan · $8M · 46 · 53rd

  • NET $8M
  • NET 46
  • NET 53rd
  • NET ESOP
  • NET near Testing Service Corporation Employees' Stock Ownership Plan
  • NET ind #2731

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 Wisconsin →

J.M. Grimstad, Inc. Employee Stock Ownership Plan in the asset neighbourhood

J.M. Grimstad, Inc. Employee Stock Ownership PlanJ.M. Grimstad, Inc. Employee…$8MTesting Service Corporation Employees' Stock Ownership PlanTesting Service Corporation …$8MCoyle Mechanical Supply, Inc. Employee Stock Ownership PlanCoyle Mechanical Supply, Inc…$8MNorth Pacific Holdings Employee Stock Ownership Plan and TrustNorth Pacific Holdings Emplo…$8MTai Services, Inc. Employee Stock Ownership PlanTai Services, Inc. Employee …$8M
End-of-year total assets ($M) among J.M. Grimstad, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$469K
Employer EIN390978269
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (J.M. Grimstad, Inc.)

Sponsor-wide plan assets over time

All J.M. Grimstad, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 0.6679104316697385% vs 2022
2024 filing year
$7M$7.2M$7.4M$7.6M$7.8M 202220232024 $7.19M $7.24M ▲ +0.7%
Year Plans Participants Total Assets
2022 1 46 $7M
2023 1 46 $8M
2024 1 69 $7M

Nearby ESOP Plans in Wisconsin

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

J.M. Grimstad, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants J.M. Grimstad, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.007658745 · Participants: 46J.M. Grimstad, Inc. Employee Stock Ownership PlanSchreiber Foods, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.551413763 · Participants: 6108Schreiber Foods, Inc. Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.700244908 · Participants: 2837Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.511365241 · Participants: 1624Ki Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.331023295 · Participants: 228Trachte Building Systems Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.31506565 · Participants: 808Wausau Supply Company Employee Stock Ownership Plan
J.M. Grimstad, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants
Compare J.M. Grimstad, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

J.M. Grimstad, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Wisconsin, the nearest ESOP by assets is Testing Service Corporation Employees' Stock Ownership Plan in IL ($8M); by covered participants it is Ten-E Packaging Services, Inc. Employee Stock Ownership Plan and Trust in MN (46 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (46 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 J.M. Grimstad, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
J.M. Grimstad, Inc. Employee Stock Ownership Plan grew at a solid clip - up 6.5% during 2023, from $7M to $8M. Reported net income was $469K.
How have J.M. Grimstad, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), J.M. Grimstad, Inc.'s sponsor-wide assets grew 0.7%, from $7M to $7M.
Which ESOP plans are similar in size to J.M. Grimstad, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Testing Service Corporation Employees' Stock Ownership Plan in IL ($8M, 46 participants).
Which ESOP plans cover a similar participant headcount to J.M. Grimstad, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ten-E Packaging Services, Inc. Employee Stock Ownership Plan and Trust in MN (46 participants, $10M 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 390978269.

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.