ESOP · DOL Form 5500 · 2022
Kurt Manufacturing Company, Inc. ESOP
Data updated 2026-08-11
- $45M
- Total assets
- 461
- Participants
- 87th
- Percentile by assets
- $97,977
- Avg per participant
Official DOL plan name: Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Kurt Manufacturing Company, Inc. · Minnesota · Manufacturing
$45M in assets, 461 participants
Kurt Manufacturing Company, Inc.'s Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust reported $45M in total assets and 461 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.
- 87th percentile by assets (of 139,126 plans)
- #16,727 in Manufacturing (20,602 peers)
Coverage in Minnesota
Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust covers 461 participants in Minnesota, about 41% of the average Minnesota filer (state average ~1,126 per filing). Assets: $45M.
- $45M
- total plan assets (2022 EOY)
- 461
- covered participants
- 87th
- percentile by assets (of 139,126 plans)
- $97,977
- avg assets per participant
The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust reports 461 participants - about 41% of that state average ($45M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $51M |
|---|---|
| Net Assets (End of Year) | $15M |
| Net Income | -$5M |
| Employer EIN | 411243894 |
| Plan Effective Date | 1995-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kurt Manufacturing Company, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 914 | $83M |
| 2023 | 2 | 847 | $82M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
- Andersen Corporation Employee Stock Ownership Plan $647M · 9,416
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $486M · 4,373
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $400M · 801
- Force America Inc. Employee Stock Ownership Plan $333M · 359
- Polaris Inc. Employee Stock Ownership Plan $313M · 7,981
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust 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 Minnesota. Compare plans
- Kurt Manufacturing Company, Inc.'s sponsor-wide assets have declined 1.7% since 2022 across 2 plan years on file. More Manufacturing plans