ESOP · DOL Form 5500 · 2023

Crystal Flash, Inc. ESOP

Data updated 2026-08-11

$63M
Total assets
315
Participants
88th
Percentile by assets
$199,524
Avg per participant
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Official DOL plan name: Crystal Flash, Inc. Employee Stock Ownership Plan · Sponsored by Crystal Flash, Inc. · Michigan · Wholesale Trade

$63M in assets, 315 participants

Crystal Flash, Inc.'s Crystal Flash, Inc. Employee Stock Ownership Plan reported $63M in total assets and 315 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 127,072 plans)
  • #5,629 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Crystal Flash, Inc. Employee Stock Ownership Plan covers 315 participants in Michigan, about 49% of the average Michigan filer (state average ~638 per filing). Assets: $63M.

$63M
total plan assets (2023 EOY)
315
covered participants
88th
percentile by assets (of 127,072 plans)
$199,524
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Crystal Flash, Inc. Employee Stock Ownership Plan reported net income rose from -$970K in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Crystal Flash, Inc. Employee Stock Ownership Plan end-of-year assets rose from $39M in the plan year 2022 filing to $63M in the plan year 2023 filing.
  • Crystal Flash, Inc. Employee Stock Ownership Plan reported participants rose from 306 in the plan year 2022 filing to 315 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Crystal Flash, Inc. Employee Stock Ownership Plan reports 315 participants - about 49% of that state average ($63M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$49M
Net Income$24M
Employer EIN382900685
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Crystal Flash, Inc.)

$60M$70M$80M$90M$100M 202220232024 $65.7M $95.9M ▲ +46.1%
Total plan assets by year, all Crystal Flash, Inc. plans on file
Year Plans Participants Total Assets
2022 2 618 $66M
2023 2 633 $92M
2024 2 597 $96M

Nearby ESOP Plans in Michigan

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

Crystal Flash, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Crystal Flash, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 00.511.5 Total assets ($B) Participants Crystal Flash, Inc. …Mcnaughton-Mckay Ele…The Kendall Group Em…Project Worldwide, I…Motor City Electric …Lee Contracting, Inc…
Crystal Flash, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Crystal Flash, Inc. Employee Stock Ownership Plan assets move in 2023?
Crystal Flash, Inc. Employee Stock Ownership Plan surged - up 59.2% during 2023, from $39M to $63M. Reported net income was $24M.
How have Crystal Flash, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Crystal Flash, Inc.'s sponsor-wide assets grew 46.1%, from $66M to $96M.
Where does Crystal Flash, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Crystal Flash, Inc. Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Crystal Flash, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is The Kelso-Burnett Co. Employee Stock Ownership Plan in IL ($63M, 125 participants).

Next read for Crystal Flash, Inc. Employee Stock Owner…

Filing takeaways

Ways to act on Crystal Flash, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Crystal Flash, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
  • Crystal Flash, Inc.'s sponsor-wide assets have grown 46.1% since 2022 across 3 plan years on file. More Wholesale Trade plans