ESOP · DOL Form 5500 · 2023

Arvig Enterprises, Inc. ESOP

Data updated 2026-08-11

$93M
Total assets
684
Participants
91st
Percentile by assets
$136,356
Avg per participant
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Official DOL plan name: Arvig Employee Stock Ownership Plan · Sponsored by Arvig Enterprises, Inc. · Minnesota · Information & Media

$93M in assets, 684 participants

Arvig Enterprises, Inc.'s Arvig Employee Stock Ownership Plan reported $93M in total assets and 684 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • 91st percentile by assets (of 127,072 plans)
  • #2,445 in Information & Media (2,818 peers)

Where Arvig Employee Stock Ownership Plan sits by assets

Arvig Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $93M for 684 participants (~$136,356/participant), up 3.6% in 2023.

$93M
total plan assets (2023 EOY)
684
covered participants
91st
percentile by assets (of 127,072 plans)
$136,356
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Arvig Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Arvig Employee Stock Ownership Plan end-of-year assets rose from $90M in the plan year 2022 filing to $93M in the plan year 2023 filing.
  • Arvig Employee Stock Ownership Plan reported participants fell from 692 in the plan year 2022 filing to 684 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Arvig Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Arvig Employee Stock Ownership Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$84M
Net Income$1M
Employer EIN411507358
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Arvig Enterprises, Inc.)

$150M$160M$170M$180M$190M 202220232024 $160M $183M ▲ +14.3%
Total plan assets by year, all Arvig Enterprises, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,502 $160M
2023 2 1,455 $172M
2024 2 1,587 $183M

Nearby ESOP Plans in Minnesota

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

Arvig Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Arvig Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Arvig Employee Stock…Andersen Corporation…Kingdom Enterprises,…Landscape Structures…Hormel Foods Corpora…Force America Inc. E…
Arvig Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Arvig Employee Stock Ownership Plan assets move in 2023?
Arvig Employee Stock Ownership Plan edged up modestly - up 3.6% during 2023, from $90M to $93M. Reported net income was $1M.
How have Arvig Enterprises, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Arvig Enterprises, Inc.'s sponsor-wide assets grew 14.3%, from $160M to $183M.
Where does Arvig Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Arvig Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Arvig Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is P.L. Marketing, Inc. Employee Stock Ownership Plan in KY ($93M, 1,226 participants).

Next read for Arvig Employee Stock Ownership Plan

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