ESOP · DOL Form 5500 · 2023
Koops, Inc. ESOP
Data updated 2026-08-11
- $45M
- Total assets
- 220
- Participants
- 84th
- Percentile by assets
- $206,120
- Avg per participant
Official DOL plan name: Koops, Inc. Employee Stock Ownership Plan · Sponsored by Koops, Inc. · Michigan · Professional & Technical Services
$45M in assets, 220 participants
Koops, Inc.'s Koops, Inc. Employee Stock Ownership Plan reported $45M in total assets and 220 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 127,072 plans)
- #17,365 in Professional & Technical Services (20,321 peers)
Coverage in Michigan
Koops, Inc. Employee Stock Ownership Plan covers 220 participants in Michigan, about 34% of the average Michigan filer (state average ~638 per filing). Assets: $45M.
- $45M
- total plan assets (2023 EOY)
- 220
- covered participants
- 84th
- percentile by assets (of 127,072 plans)
- $206,120
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Koops, Inc. Employee Stock Ownership Plan reported net income rose from -$437K in the plan year 2022 filing to $11M in the plan year 2023 filing.
- Koops, Inc. Employee Stock Ownership Plan end-of-year assets rose from $34M in the plan year 2022 filing to $45M in the plan year 2023 filing.
- Koops, Inc. Employee Stock Ownership Plan reported participants rose from 197 in the plan year 2022 filing to 220 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Koops, Inc. Employee Stock Ownership Plan reports 220 participants - about 34% of that state average ($45M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $34M |
|---|---|
| Net Assets (End of Year) | $44M |
| Net Income | $11M |
| Employer EIN | 383266325 |
| Plan Effective Date | 2012-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Koops, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 435 | $46M |
| 2023 | 2 | 505 | $62M |
| 2024 | 2 | 589 | $65M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
Koops, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Koops, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Koops, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Koops, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
- Koops, Inc.'s sponsor-wide assets have grown 40.3% since 2022 across 3 plan years on file. More Professional & Technical Services plans