ESOP · DOL Form 5500 · 2023
Hi-Lo Manufacturing Company ESOP
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 24
- Participants Small participant base
- 47th
- Percentile by assets National rank
- $234,803
- Avg per participant Above avg balance/head
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.
- #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.
- #5,631
- in Manufacturing (18,722 peers)
- -1.3%
- assets change YoY
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.
Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust's mid-pack asset rank among Manufacturing and all filers
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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust is a small filing (24 participants) on this national headcount ladder.
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.
Form 5500 schedule snapshot
Filing strip 410806664 · Hi-Lo Manufacturing Company PY 2023 · ESOP
Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust · $6M · 24 · 47th
- 5500 $6M
- 5500 24
- 5500 47th
- 5500 ESOP
- 5500 near U. S. Engineering Company Holdings Employee Stock Ownership Plan & Trust
- 5500 ind #5631
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 →
Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust in the asset neighbourhood
Filing particulars (2023)
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | -$161K |
| Employer EIN | 410806664 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hi-Lo Manufacturing Company)
Sponsor-wide plan assets over time
All Hi-Lo Manufacturing Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $6M 1.0263547820040877% vs 2022
- 2024 filing year
| 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.
- Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $498M · 789
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
- Force America Inc. Employee Stock Ownership Plan $427M · 412
Hi-Lo Manufacturing Company Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside Minnesota, the nearest ESOP by assets is U. S. Engineering Company Holdings Employee Stock Ownership Plan & Trust in MO ($6M); by covered participants it is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
- U. S. Engineering Company Holdings Employee Stock Ownership Plan & Trust (MO) $6M · 372
- Peoples Security Bank & Trust Co. Employee Stock Ownership Plan (PA) $6M · 332
- Drc Engineering, Inc. Employee Stock Ownership Plan (CA) $6M · 53
- Alpine Testing Solutions, Inc. Employee Stock Ownership Plan (UT) $6M · 69
Similar participant headcount
Nearest other-state filings by covered participants (24 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.