ESOP · DOL Form 5500 · 2023

Minot Enterprises, Inc. ESOP

Data updated 2026-08-25

$400K
Total assets Small plan by assets
58
Participants Small participant base
16th
Percentile by assets National rank
$6,897
Avg per participant Low balance/head
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Official DOL plan name: Minot Enterprises, Inc. Employee Stock Ownership Plan · Sponsored by Minot Enterprises, Inc. · Minnesota · Professional & Technical Services

$400K in assets, 58 participants

Minot Enterprises, Inc.'s Minot Enterprises, Inc. Employee Stock Ownership Plan reported $400K in total assets and 58 participants in its 2023 DOL Form 5500 filing, ranking in the 16th 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.

  • #2,457 in Professional & Technical Services (20,321 peers)

Minot Enterprises, Inc. multi-year trail

Minot Enterprises, Inc.'s plans moved -47.5% in assets from 2023 to 2024; this filing shows Minot Enterprises, Inc. Employee Stock Ownership Plan at $400K / 58 participants.

#2,457
in Professional & Technical Services (20,321 peers)
-$6M
reported net income

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Minot Enterprises, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Minot Enterprises, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$400,000 16th percentile higher than 16% 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

Minot Enterprises, 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. Minot Enterprises, Inc. Employee Stock Ownership Plan is a small filing (58 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 770558908 · Minot Enterprises, Inc. PY 2023 · ESOP

Minot Enterprises, Inc. Employee Stock Ownership Plan · $400K · 58 · 16th

  • SCH $400K
  • EBSA 58
  • PART 16th
  • TYPE ESOP
  • NET near Total Solutions Group, Inc. Employee Stock Ownership Plan
  • BOOK ind #2457

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 Minnesota →

Minot Enterprises, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Minot Enterprises, Inc. Employee Stock Ownership PlanMinot Enterprises, Inc. Empl…$400KTotal Solutions Group, Inc. Employee Stock Ownership PlanTotal Solutions Group, Inc. …$400KCharlan Brock & Associates, Inc. Employee Stock Ownership PlanCharlan Brock & Associates, …$400KWeaver Precast Concrete Holdings, Inc. Employee Stock Ownership PlanWeaver Precast Concrete Hold…$400KFisher Nut Company Employee Stock Ownership PlanFisher Nut Company Employee …$401K
End-of-year total assets ($M) among Minot Enterprises, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minot Enterprises, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Minot Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$210K 47.5% vs 2023
2024 filing year
$0.1M$0.2M$0.3M$0.4M$0.5M 20232024 $0.4M $0.21M ▼ -47.5%
Year Plans Participants Total Assets
2023 1 58 $400K
2024 1 60 $210K

Minot Enterprises, Inc. filing trail (2023)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$6M
Net Income-$6M
Employer EIN770558908
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Minot Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Minot Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.4 · Participants: 58Minot Enterprises, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Minot Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest ESOP by assets is Total Solutions Group, Inc. Employee Stock Ownership Plan in FL ($400K); by covered participants it is First Union Financial Corporation Employee Stock Ownership Plan in AR (58 participants). Same-state nearby plans are listed separately above.

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 have Minot Enterprises, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Minot Enterprises, Inc.'s sponsor-wide assets declined 47.5%, from $400K to $210K.
Where does Minot Enterprises, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Minot Enterprises, Inc. Employee Stock Ownership Plan ranks in the 16th 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 Minot Enterprises, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Total Solutions Group, Inc. Employee Stock Ownership Plan in FL ($400K, 52 participants).
Which ESOP plans cover a similar participant headcount to Minot Enterprises, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is First Union Financial Corporation Employee Stock Ownership Plan in AR (58 participants, $2M in assets).