ESOP · DOL Form 5500 · 2023

Refrigeration-Heating, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
41
Participants Small participant base
35th
Percentile by assets National rank
$69,247
Avg per participant Below avg balance/head
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Official DOL plan name: Refrigeration-Heating, Inc. Employee Stock Ownership Plan · Sponsored by Refrigeration-Heating, Inc. · North Dakota · Wholesale Trade

$3M in assets, 41 participants

Refrigeration-Heating, Inc.'s Refrigeration-Heating, Inc. Employee Stock Ownership Plan reported $3M in total assets and 41 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #1,512 in Wholesale Trade (6,309 peers)

Refrigeration-Heating, Inc. multi-year trail

Refrigeration-Heating, Inc.'s plans moved +867.3% in assets from 2022 to 2024; this filing shows Refrigeration-Heating, Inc. Employee Stock Ownership Plan at $3M / 41 participants.

#1,512
in Wholesale Trade (6,309 peers)
+528.7%
assets growth YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Refrigeration-Heating, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,839,115 35th percentile higher than 35% 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

Refrigeration-Heating, 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. Refrigeration-Heating, Inc. Employee Stock Ownership Plan is a small filing (41 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Refrigeration-Heating, Inc. Employee Stock Ownership Plan reported net income fell from $226K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Refrigeration-Heating, Inc. Employee Stock Ownership Plan end-of-year assets rose from $452K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Refrigeration-Heating, Inc. Employee Stock Ownership Plan reported participants fell from 43 in the plan year 2022 filing to 41 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 450352129 · Refrigeration-Heating, Inc. PY 2023 · ESOP

Refrigeration-Heating, Inc. Employee Stock Ownership Plan · $3M · 41 · 35th

  • SCH $3M
  • SCH 41
  • SCH 35th
  • SCH ESOP
  • SCH near Master Engineers and Designers, Inc. Employee Stock Ownership Plan
  • SCH ind #1512

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 North Dakota →

Refrigeration-Heating, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Refrigeration-Heating, Inc. Employee Stock Ownership PlanRefrigeration-Heating, Inc. …$3MMaster Engineers and Designers, Inc. Employee Stock Ownership PlanMaster Engineers and Designe…$3MTcm Employee Stock Ownership PlanTcm Employee Stock Ownership…$3MQuaint Oak Bancorp, Inc. Employee Stock Ownership PlanQuaint Oak Bancorp, Inc. Emp…$3MGreat River Technology, Inc. Employee Stock Ownership PlanGreat River Technology, Inc.…$3M
End-of-year total assets ($M) among Refrigeration-Heating, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Refrigeration-Heating, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Refrigeration-Heating, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 867.3332772350019% vs 2022
2024 filing year
$0M$2M$4M$6M 202220232024 $0.45M $4.37M ▲ +871.1%
Year Plans Participants Total Assets
2022 1 43 $452K
2023 1 41 $3M
2024 1 41 $4M

Refrigeration-Heating, Inc. filing trail (2023)

Total Assets (Beginning of Year)$452K
Net Assets (End of Year)-$2M
Net Income-$2M
Employer EIN450352129
Plan Effective Date2021-03-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Refrigeration-Heating, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Refrigeration-Heating, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002839115 · Participants: 41Refrigeration-Heating, Inc. Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.176759361 · Participants: 2973Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.837710398 · Participants: 4597Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229795263 · Participants: 767Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.158672448 · Participants: 901Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.086685795 · Participants: 90Frontier Precision, Inc Employee Stock Ownership Plan
Refrigeration-Heating, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Refrigeration-Heating, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Refrigeration-Heating, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Master Engineers and Designers, Inc. Employee Stock Ownership Plan in VA ($3M); by covered participants it is Quantumdigital, Inc. Employee Stock Ownership Plan in TX (41 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (41 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 Refrigeration-Heating, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Refrigeration-Heating, Inc. Employee Stock Ownership Plan surged - up 528.7% during 2023, from $452K to $3M. Reported net income was -$2M.
How have Refrigeration-Heating, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Refrigeration-Heating, Inc.'s sponsor-wide assets grew 867.3%, from $452K to $4M.
Which ESOP plans are similar in size to Refrigeration-Heating, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Master Engineers and Designers, Inc. Employee Stock Ownership Plan in VA ($3M, 26 participants).
Which ESOP plans cover a similar participant headcount to Refrigeration-Heating, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Quantumdigital, Inc. Employee Stock Ownership Plan in TX (41 participants, $2M 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 450352129.

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.