Other
2023 plan-year Other DOL Form 5500

Metro Sales, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Metro Sales, Inc. Β· Minnesota Β· Wholesale Trade

What the 2023 filing shows

Metro Sales, Inc. Employee Stock Ownership Plan holds $75M for 246 participants - about $305,112 per participant, up 29.0% over the 2023 plan year.

$75M
total plan assets (2023 EOY)
246
covered participants
$305,112
avg assets per participant
+29.0%
assets growth YoY
Total Assets (2023)
$75M
Participants
246
State
Industry
Wholesale Trade

What the Filing Says About Metro Sales, Inc. Employee Stock Ownership Plan

Metro Sales, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Metro Sales, Inc., headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $75M in total end-of-year assets and covers 246 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 410957753, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $58M at the beginning of 2023 to $75M at year-end β€” a gain of 29.0%. Net assets (after liabilities) closed the year at $74M, with reported net income of $17M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$58M
Total Assets (End of Year)$75M
Net Assets (End of Year)$74M
Net Income$17M
Plan TypeOther
Employer EIN410957753
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Metro Sales, Inc.)

Year Plans Participants Total Assets
2022 2 488 $127M
2023 2 496 $160M
2024 2 520 $183M

Nearby Other Plans in Minnesota

Peer Other plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Metro Sales, Inc. Employee Stock Ownership Plan?
As of the 2023 Form 5500 filing, Metro Sales, Inc. Employee Stock Ownership Plan holds $75M in total assets with 246 participants. It is sponsored by Metro Sales, Inc..
What type of plan is Metro Sales, Inc. Employee Stock Ownership Plan?
Metro Sales, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 410957753.
Who sponsors the Metro Sales, Inc. Employee Stock Ownership Plan?
Metro Sales, Inc. Employee Stock Ownership Plan is sponsored by Metro Sales, Inc., located in Minnesota. The sponsor's EIN is 410957753 and the plan operates in the Wholesale Trade industry.
How did Metro Sales, Inc. Employee Stock Ownership Plan perform in 2023?
Metro Sales, Inc. Employee Stock Ownership Plan grew by 29.0% during 2023, moving from $58M to $75M in total assets. Net income was $17M.
Where can I find official filings for Metro Sales, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Metro Sales, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 410957753 or plan name at efast.dol.gov.
How does Metro Sales, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Metro Sales, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 410957753.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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