ESOP · DOL Form 5500 · 2023
Farmrail System, Inc. ESOP
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 38
- Participants Small participant base
- 41st
- Percentile by assets National rank
- $109,211
- Avg per participant Below avg balance/head
Official DOL plan name: Farmrail System, Inc Employee Stock Ownership Plan · Sponsored by Farmrail System, Inc. · Oklahoma · Transportation & Warehousing
$4M in assets, 38 participants
Farmrail System, Inc.'s Farmrail System, Inc Employee Stock Ownership Plan reported $4M in total assets and 38 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.
- #1,377 in Transportation & Warehousing (3,362 peers)
2023 asset change
Farmrail System, Inc Employee Stock Ownership Plan pulled back noticeably 10.8% in 2023 ($5M → $4M) for 38 participants.
- #1,377
- in Transportation & Warehousing (3,362 peers)
- -10.8%
- assets change YoY
The plan reported a net loss of $500K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Farmrail System, Inc Employee Stock Ownership Plan's mid-pack asset rank among Transportation & Warehousing and all filers
Farmrail System, Inc Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$4,150,000 41st percentile higher than 41% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Farmrail System, 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. Farmrail System, Inc Employee Stock Ownership Plan is a small filing (38 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Farmrail System, Inc Employee Stock Ownership Plan reported net income fell from -$250K in the plan year 2022 filing to -$500K in the plan year 2023 filing.
- Farmrail System, Inc Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Farmrail System, Inc Employee Stock Ownership Plan reported participants fell from 42 in the plan year 2022 filing to 38 in the plan year 2023 filing.
DOL schedule card
Filing strip 731304780 · Farmrail System, Inc. PY 2023 · ESOP
Farmrail System, Inc Employee Stock Ownership Plan · $4M · 38 · 41st
- ASSETS $4M
- PCT 38
- EIN 41st
- RANK ESOP
- PHOTO near Allied Contractors, Inc. Employee Stock Ownership Plan
- IND ind #1377
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 Oklahoma →
Farmrail System, Inc Employee Stock Ownership Plan in the asset neighbourhood
Farmrail System, Inc. years around the 2023 move
Sponsor-wide plan assets over time
All Farmrail System, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $4M 8.60215053763441% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 42 | $5M |
| 2023 | 1 | 38 | $4M |
| 2024 | 1 | 37 | $4M |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$500K |
| Employer EIN | 731304780 |
| Plan Effective Date | 1993-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Oklahoma
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Locke Supply Co. Employee Stock Ownership Plan $311M · 1,300
- International Chemical Company Employee Stock Ownership Plan $232M · 62
- Metro Builders Supply, Inc. Employee Stock Ownership Plan $155M · 1,305
- Bancfirst Corporation Employee Stock Ownership Plan $147M · 1,631
- Aberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan $118M · 132
Farmrail System, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Oklahoma, the nearest ESOP by assets is Allied Contractors, Inc. Employee Stock Ownership Plan in MD ($4M); by covered participants it is Inberg-Miller Engineers Employee Stock Ownership Plan in WY (38 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4M here).
Similar participant headcount
Nearest other-state filings by covered participants (38 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.