ESOP · DOL Form 5500 · 2023

Metro Sales, Inc. ESOP

Data updated 2026-08-11

$75M
Total assets
246
Participants
89th
Percentile by assets
$305,112
Avg per participant
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Official DOL plan name: Metro Sales, Inc. Employee Stock Ownership Plan · Sponsored by Metro Sales, Inc. · Minnesota · Wholesale Trade

$75M in assets, 246 participants

Metro Sales, Inc.'s Metro Sales, Inc. Employee Stock Ownership Plan reported $75M in total assets and 246 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #5,730 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Metro Sales, Inc. Employee Stock Ownership Plan covers 246 participants in Minnesota, about 22% of the average Minnesota filer (state average ~1,126 per filing). Assets: $75M.

$75M
total plan assets (2023 EOY)
246
covered participants
89th
percentile by assets (of 127,072 plans)
$305,112
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metro Sales, Inc. Employee Stock Ownership Plan reported net income fell from $25M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Metro Sales, Inc. Employee Stock Ownership Plan end-of-year assets rose from $58M in the plan year 2022 filing to $75M in the plan year 2023 filing.
  • Metro Sales, Inc. Employee Stock Ownership Plan reported participants rose from 232 in the plan year 2022 filing to 246 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Metro Sales, Inc. Employee Stock Ownership Plan reports 246 participants - about 22% of that state average ($75M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$74M
Net Income$17M
Employer EIN410957753
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metro Sales, Inc.)

$120M$140M$160M$180M$200M 202220232024 $127M $183M â–˛ +44.1%
Total plan assets by year, all Metro Sales, Inc. plans on file
Year Plans Participants Total Assets
2022 2 488 $127M
2023 2 496 $160M
2024 2 520 $183M

Nearby ESOP Plans in Minnesota

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

Metro Sales, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Metro Sales, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Metro Sales, Inc. Em…Andersen Corporation…Kingdom Enterprises,…Landscape Structures…Hormel Foods Corpora…Force America Inc. E…
Metro Sales, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Metro Sales, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Metro Sales, Inc. Employee Stock Ownership Plan assets move in 2023?
Metro Sales, Inc. Employee Stock Ownership Plan grew sharply - up 29.0% during 2023, from $58M to $75M. Reported net income was $17M.
How have Metro Sales, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Metro Sales, Inc.'s sponsor-wide assets grew 44.1%, from $127M to $183M.
Where does Metro Sales, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Metro Sales, Inc. Employee Stock Ownership Plan ranks in the 89th 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 Metro Sales, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Century Drywall, Inc. Employee Stock Ownership Plan in RI ($75M, 43 participants).

Next read for Metro Sales, Inc. Employee Stock Ownersh…

Filing takeaways

Ways to act on Metro Sales, Inc. Employee Stock Ownership Plan's numbers.