ESOP · DOL Form 5500 · 2023

Sac Ventures, Inc. ESOP

Data updated 2026-08-11

$47M
Total assets: 443
Participants: 85th
Percentile by assets: $107,218
Avg per participant

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.

85th percentile by assets (of 127,072 plans)
#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.

$47M
total plan assets (2023 EOY): 443
covered participants: 85th
percentile by assets (of 127,072 plans): $107,218
avg assets per participant

Where Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits 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 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.

See the national 2022→2023 release diff →

State

Michigan

Industry

Manufacturing

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Flat Rock Metal and Bar Processing Employee Stock Ownership Plan outranks 85% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

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.)

Total plan assets by year, all Sac Ventures, Inc. plans on file

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.

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

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

Compare Flat Rock Metal and Bar Processing Emplo… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Flat Rock Metal and Bar Processing Employee Stock Ownership Plan by total assets, not by location.

Ketchum & Walton Employee Stock Ownership Plan (OH) $48M · 70
The Lewis Chemical Company Employee Stock Ownership Plan (GA) $48M · 54
Paddock Publications, Inc. Employee Stock Ownership Plan (IL) $48M · 228
Malibu Wellness, Inc. Employee Stock Ownership Plan and Trust (IN) $47M · 41

Frequently Asked Questions

How did Flat Rock Metal and Bar Processing Employee Stock Ownership Plan assets move in 2023? ▼

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan surged - up 36.5% during 2023, from $35M to $47M. Reported net income was $14M.

How have Sac Ventures, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Sac Ventures, Inc.'s sponsor-wide assets declined 33.5%, from $35M to $23M.

Where does Flat Rock Metal and Bar Processing Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Flat Rock Metal and Bar Processing Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Flat Rock Metal and Bar Processing Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Ketchum & Walton Employee Stock Ownership Plan in OH ($48M, 70 participants).

Next read for Flat Rock Metal and Bar Processing Emplo…

Scale reading

Ways to act on Flat Rock Metal and Bar Processing Employee Stock Ownership Plan's numbers.

By total assets, Flat Rock Metal and Bar Processing Employee Stock Ownership Plan 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 Michigan. Compare plans
Sac Ventures, Inc.'s sponsor-wide assets have declined 33.5% since 2022 across 3 plan years on file. More Manufacturing plans

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 383433082.