ESOP · DOL Form 5500 · 2023
Sac Ventures, Inc. ESOP
Data updated 2026-08-25
- $47M
- Total assets Below avg plan size
- 443
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $107,218
- Avg per participant Below avg balance/head
Official DOL plan name: Flat Rock Metal and Bar Processing Employee Stock Ownership Plan · Sponsored by Sac Ventures, Inc. · Michigan · Manufacturing
$47M in assets, 443 participants
Sac Ventures, Inc.'s Flat Rock Metal and Bar Processing Employee Stock Ownership Plan reported $47M in total assets and 443 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- #14,668 in Manufacturing (18,722 peers)
Where Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits by assets
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $47M for 443 participants (~$107,218/participant), up 36.5% in 2023.
- #14,668
- in Manufacturing (18,722 peers)
- +36.5%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan's outsized position by total assets
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$47,497,754 Top 15% higher than 85% 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
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits mid-pack in the medium band (443 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Flat Rock Metal and Bar Processing Employee Stock Ownership Plan end-of-year assets rose from $35M in the plan year 2022 filing to $47M in the plan year 2023 filing.
- Flat Rock Metal and Bar Processing Employee Stock Ownership Plan reported net income fell from $19M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Flat Rock Metal and Bar Processing Employee Stock Ownership Plan reported participants fell from 454 in the plan year 2022 filing to 443 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 383433082 · Sac Ventures, Inc. PY 2023 · ESOP
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan · $47M · 443 · 85th
- BOY $47M
- SCH 443
- EBSA 85th
- PART ESOP
- TYPE near Ketchum & Walton Employee Stock Ownership Plan
- NET ind #14668
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 Michigan →
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $35M |
|---|---|
| Net Assets (End of Year) | -$8M |
| Net Income | $14M |
| Employer EIN | 383433082 |
| Plan Effective Date | 2020-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Sac Ventures, Inc.)
Sponsor-wide plan assets over time
All Sac Ventures, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $23M 33.46774390490914% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 454 | $35M |
| 2023 | 1 | 443 | $47M |
| 2024 | 1 | 431 | $23M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Ketchum & Walton Employee Stock Ownership Plan in OH ($48M); by covered participants it is Home Bancorp, Inc. Employee Stock Ownership Plan in LA (443 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($47M here).
Similar participant headcount
Nearest other-state filings by covered participants (443 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.