ESOP · DOL Form 5500 · 2023

Hi-Lo Manufacturing Company ESOP

Data updated 2026-08-11

$6M
Total assets
24
Participants
47th
Percentile by assets
$234,803
Avg per participant
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Official DOL plan name: Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust · Sponsored by Hi-Lo Manufacturing Company · Minnesota · Manufacturing

$6M in assets, 24 participants

Hi-Lo Manufacturing Company's Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust reported $6M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • 47th percentile by assets (of 127,072 plans)
  • #5,631 in Manufacturing (18,722 peers)

What the 2023 filing shows

Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust holds $6M for 24 participants - about $234,803 per participant, in the lower half of filed plans by assets.

$6M
total plan assets (2023 EOY)
24
covered participants
47th
percentile by assets (of 127,072 plans)
$234,803
avg assets per participant

The plan reported a net loss of $161K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust sits by total assets

Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$5,635,260 47th percentile higher than 47% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust reported net income fell from $117K in the plan year 2022 filing to -$161K in the plan year 2023 filing.
  • Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust reported participants fell from 28 in the plan year 2022 filing to 24 in the plan year 2023 filing.
  • Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust end-of-year assets fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Minnesota
Industry
Manufacturing

ESOP filing for Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust

ESOP filing for plan year 2023: EIN 410806664 ; effective since 1988-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$161K
Employer EIN410806664
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hi-Lo Manufacturing Company)

$5.6M$5.65M$5.7M$5.75M$5.8M 202220232024 $5.71M $5.77M ▲ +1.1%
Total plan assets by year, all Hi-Lo Manufacturing Company plans on file
Year Plans Participants Total Assets
2022 1 28 $6M
2023 1 24 $6M
2024 1 26 $6M

Nearby ESOP Plans in Minnesota

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

Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Hi-Lo Manufacturing …, Total assets ($M): 5.63526 · Participants: 24Hi-Lo Manufacturing …Andersen Corporation…, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation…Kingdom Enterprises,…, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises,…Landscape Structures…, Total assets ($M): 432.374379 · Participants: 446Landscape Structures…Hormel Foods Corpora…, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corpora…Force America Inc. E…, Total assets ($M): 426.610266 · Participants: 412Force America Inc. E…
Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Hi-Lo Manufacturing Company Employee Sto… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust edged down modestly - down 1.3% during 2023, from $6M to $6M. Reported net income was -$161K.
How have Hi-Lo Manufacturing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hi-Lo Manufacturing Company's sponsor-wide assets grew 1.0%, from $6M to $6M.
Which ESOP plans are similar in size to Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is U. S. Engineering Company Holdings Employee Stock Ownership Plan & Trust in MO ($6M, 372 participants).

Next read for Hi-Lo Manufacturing Company Employee Sto…

Filing takeaways

Ways to act on Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust's numbers.

  • By total assets, Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Hi-Lo Manufacturing Company's sponsor-wide assets have grown 1.0% 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 410806664.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.