ESOP · DOL Form 5500 · 2023

Dennis Food Service ESOP

Data updated 2026-08-11

$14M
Total assets
184
Participants
65th
Percentile by assets
$73,669
Avg per participant
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Official DOL plan name: Dennis Beverage Company Employee Stock Ownership Plan · Sponsored by Dennis Food Service · Maine · Wholesale Trade

$14M in assets, 184 participants

Dennis Food Service's Dennis Beverage Company Employee Stock Ownership Plan reported $14M in total assets and 184 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • 65th percentile by assets (of 127,072 plans)
  • #3,699 in Wholesale Trade (6,309 peers)

Coverage in Maine

Dennis Beverage Company Employee Stock Ownership Plan covers 184 participants in Maine, about 39% of the average Maine filer (state average ~472 per filing). Assets: $14M.

$14M
total plan assets (2023 EOY)
184
covered participants
65th
percentile by assets (of 127,072 plans)
$73,669
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Dennis Beverage Company Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Dennis Beverage Company Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Dennis Beverage Company Employee Stock Ownership Plan reported participants rose from 168 in the plan year 2022 filing to 184 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. Dennis Beverage Company Employee Stock Ownership Plan reports 184 participants - about 39% of that state average ($14M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$13M
Net Income$5M
Employer EIN010206333
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Dennis Food Service)

$10M$15M$20M$25M$30M$35M 202220232024 $14.5M $29.9M ▲ +106.1%
Total plan assets by year, all Dennis Food Service plans on file
Year Plans Participants Total Assets
2022 2 301 $14M
2023 2 323 $20M
2024 2 307 $30M

Nearby ESOP Plans in Maine

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

Dennis Beverage Company Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants

Dennis Beverage Company Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400500 020406080100 Total assets ($M) Participants Dennis Beverage Comp…Sc Holdings, Inc. Em…Maine Drilling & Bla…Johnnys Selected See…Systems Engineering,…Portland Air Freight…
Dennis Beverage Company Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Dennis Beverage Company Employee Stock Ownership Plan assets move in 2023?
Dennis Beverage Company Employee Stock Ownership Plan surged - up 62.3% during 2023, from $8M to $14M. Reported net income was $5M.
How have Dennis Food Service plan assets changed over time?
Across 3 plan years on file (2022-2024), Dennis Food Service's sponsor-wide assets grew 106.0%, from $14M to $30M.
Which ESOP plans are similar in size to Dennis Beverage Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Advanced Technologies, Inc. Employee Stock Ownership Plan in VA ($14M, 46 participants).

Next read for Dennis Beverage Company Employee Stock O…

Filing takeaways

Ways to act on Dennis Beverage Company Employee Stock Ownership Plan's numbers.