ESOP · DOL Form 5500 · 2023

Hill Wood Products Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
30
Participants Small participant base
48th
Percentile by assets National rank
$202,418
Avg per participant Above avg balance/head
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Official DOL plan name: Hill Wood Products, Inc. Employee Stock Ownership Plan · Sponsored by Hill Wood Products Inc. · Minnesota · Manufacturing

$6M in assets, 30 participants

Hill Wood Products Inc.'s Hill Wood Products, Inc. Employee Stock Ownership Plan reported $6M in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #5,988 in Manufacturing (18,722 peers)

Hill Wood Products Inc. multi-year trail

Hill Wood Products Inc.'s plans moved -49.7% in assets from 2022 to 2024; this filing shows Hill Wood Products, Inc. Employee Stock Ownership Plan at $6M / 30 participants.

#5,988
in Manufacturing (18,722 peers)
-10.4%
assets change YoY

The plan reported a net loss of $628K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hill Wood Products, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Hill Wood Products, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,072,548 48th percentile higher than 48% 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

Hill Wood Products, 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. Hill Wood Products, Inc. Employee Stock Ownership Plan is a small filing (30 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hill Wood Products, Inc. Employee Stock Ownership Plan reported net income fell from $243K in the plan year 2022 filing to -$628K in the plan year 2023 filing.
  • Hill Wood Products, Inc. Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Hill Wood Products, Inc. Employee Stock Ownership Plan reported participants rose from 28 in the plan year 2022 filing to 30 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 410796067 · Hill Wood Products Inc. PY 2023 · ESOP

Hill Wood Products, Inc. Employee Stock Ownership Plan · $6M · 30 · 48th

  • EIN $6M
  • EIN 30
  • EIN 48th
  • EIN ESOP
  • EIN near Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement
  • EIN ind #5988

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 →

Hill Wood Products, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Blossom Valley Construction Inc. Employee Stock Ownership Plan and TrustBlossom Valley Construction …$6MHill Wood Products, Inc. Employee Stock Ownership PlanHill Wood Products, Inc. Emp…$6MHigman Equipment Company, Inc. Employee Stock Ownership Plan and Trust AgreementHigman Equipment Company, In…$6MRichard, Wayne & Roberts, Inc. Employee Stock Ownership PlanRichard, Wayne & Roberts, In…$6MM.J. Wells & Associates, Inc. Employee Stock Ownership PlanM.J. Wells & Associates, Inc…$6M
End-of-year total assets ($M) among Hill Wood Products, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Hill Wood Products Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hill Wood Products Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 49.72385083709583% vs 2022
2024 filing year
$2M$4M$6M$8M 202220232024 $6.78M $3.41M ▼ -49.7%
Year Plans Participants Total Assets
2022 1 28 $7M
2023 1 30 $6M
2024 1 22 $3M

Hill Wood Products Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$628K
Employer EIN410796067
Plan Effective Date2000-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Hill Wood Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Hill Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 6.072548 · Participants: 30Hill Wood Products, 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
Hill Wood Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Hill Wood Products, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement in MO ($6M); by covered participants it is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 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 did Hill Wood Products, Inc. Employee Stock Ownership Plan assets move in 2023?
Hill Wood Products, Inc. Employee Stock Ownership Plan pulled back noticeably - down 10.4% during 2023, from $7M to $6M. Reported net income was -$628K.
How have Hill Wood Products Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hill Wood Products Inc.'s sponsor-wide assets declined 49.7%, from $7M to $3M.
Which ESOP plans are similar in size to Hill Wood Products, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement in MO ($6M, 24 participants).
Which ESOP plans cover a similar participant headcount to Hill Wood Products, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Blue Ridge Aquaculture, Inc. Employee Stock Ownership Plan in VA (30 participants, N/A in assets).