ESOP · DOL Form 5500 · 2023

Renew Energy, Inc. ESOP

Data updated 2026-08-11

$809K
Total assets: 113
Participants: 22nd
Percentile by assets: $7,157
Avg per participant

Official DOL plan name: Renew Energy, Inc. Employee Stock Ownership Plan · Sponsored by Renew Energy, Inc. · South Dakota · Construction

$809K in assets, 113 participants

Renew Energy, Inc.'s Renew Energy, Inc. Employee Stock Ownership Plan reported $809K in total assets and 113 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

22nd percentile by assets (of 127,072 plans)
#1,811 in Construction (9,030 peers)

Coverage in South Dakota

Renew Energy, Inc. Employee Stock Ownership Plan covers 113 participants in South Dakota, about 33% of the average South Dakota filer (state average ~340 per filing). Assets: $809K.

$809K
total plan assets (2023 EOY): 113
covered participants: 22nd
percentile by assets (of 127,072 plans): $7,157
avg assets per participant

The plan reported a net loss of $10K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Renew Energy, Inc. Employee Stock Ownership Plan sits by total assets

Renew Energy, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$808,772 22nd percentile higher than 22% 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

Renew Energy, Inc. Employee Stock Ownership Plan reported net income rose from -$70K in the plan year 2022 filing to -$10K in the plan year 2023 filing.
Renew Energy, Inc. Employee Stock Ownership Plan reported participants fell from 137 in the plan year 2022 filing to 113 in the plan year 2023 filing.
Renew Energy, Inc. Employee Stock Ownership Plan end-of-year assets fell from $819K in the plan year 2022 filing to $809K in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

South Dakota

Industry

Construction

Participants vs South Dakota filers

In South Dakota, the average filing covers about 340 participants across 321 plans. Renew Energy, Inc. Employee Stock Ownership Plan reports 113 participants - about 33% of that state average ($809K EOY assets).

South Dakota filing particulars

Total Assets (Beginning of Year)	$819K
Net Assets (End of Year)	$809K
Net Income	-$10K
Employer EIN	472654933
Plan Effective Date	2014-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Renew Energy, Inc.)

Total plan assets by year, all Renew Energy, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	137	$819K
2023	1	113	$809K
2024	1	113	$824K

Nearby ESOP Plans in South Dakota

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

Renew Energy, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants

Showplace Wood Products, Inc. Employee Stock Ownership Plan $99M · 506
Fishback Financial Corporation Employee Stock Ownership Plan $52M · 713
Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $44M · 83
Re/Spec Inc. Employee Stock Ownership Plan $43M · 471
The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $39M · 112

Compare Renew Energy, Inc. Employee Stock Owners… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Electric Coil Service, Inc. Employee Stock Ownership Plan (PA) $809K · 12
Sinor Emergency Medical Service, Inc. Employee Stock Ownership Plan (OK) $808K · 32
Business Transition Advisors, Inc. Employee Stock Ownership Plan and Trust (WA) $810K · 12
Ray's Electric Employee Stock Ownership Plan (CA) $814K · 18

Frequently Asked Questions

How did Renew Energy, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Renew Energy, Inc. Employee Stock Ownership Plan edged down modestly - down 1.2% during 2023, from $819K to $809K. Reported net income was -$10K.

How have Renew Energy, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Renew Energy, Inc.'s sponsor-wide assets grew 0.6%, from $819K to $824K.

Where does Renew Energy, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Renew Energy, Inc. Employee Stock Ownership Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).

Which ESOP plans are similar in size to Renew Energy, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Electric Coil Service, Inc. Employee Stock Ownership Plan in PA ($809K, 12 participants).

Next read for Renew Energy, Inc. Employee Stock Owners…

Filing takeaways

Ways to act on Renew Energy, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Renew Energy, Inc. Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in South Dakota. Compare plans
Renew Energy, Inc.'s sponsor-wide assets have grown 0.6% since 2022 across 3 plan years on file. More Construction plans

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 472654933.