ESOP · DOL Form 5500 · 2023

Solution Design Group, Inc. ESOP

Data updated 2026-08-25

$22M
Total assets Small plan by assets
202
Participants Below avg headcount
74th
Percentile by assets National rank
$109,298
Avg per participant Below avg balance/head
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Official DOL plan name: Solution Design Group, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Solution Design Group, Inc. · Minnesota · Professional & Technical Services

$22M in assets, 202 participants

Solution Design Group, Inc.'s Solution Design Group, Inc. Employee Stock Ownership Plan and Trust reported $22M in total assets and 202 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #15,128 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Solution Design Group, Inc. Employee Stock Ownership Plan and Trust covers 202 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $22M.

#15,128
in Professional & Technical Services (20,321 peers)
-10.7%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solution Design Group, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Solution Design Group, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$22,078,140 Top 26% higher than 74% of 127,068 filed plans

This plan $0 $2,050,000,000 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

Solution Design Group, Inc. Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Solution Design Group, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (202 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Solution Design Group, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $1M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Solution Design Group, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $25M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Solution Design Group, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 190 in the plan year 2022 filing to 202 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411652650 · Solution Design Group, Inc. PY 2023 · ESOP

Solution Design Group, Inc. Employee Stock Ownership Plan and Trust · $22M · 202 · 74th

  • RANK $22M
  • PHOTO 202
  • IND 74th
  • EOY ESOP
  • 5500 near Nsp Management Services of Long Island,Inc. ESOP
  • ASSETS ind #15128

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 →

Solution Design Group, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Rycon Holdings Inc Employee Stock Ownership Plan and TrustRycon Holdings Inc Employee …$22MWestbrook Sales and Distributing Corporation Employee Stock Ownership PlanWestbrook Sales and Distribu…$22MSolution Design Group, Inc. Employee Stock Ownership Plan and TrustSolution Design Group, Inc. …$22MNsp Management Services of Long Island,Inc. ESOPNsp Management Services of L…$22MHumboldt Mfg. Co. Employee Stock Ownership PlanHumboldt Mfg. Co. Employee S…$22M
End-of-year total assets ($M) among Solution Design Group, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$21M
Net Income-$3M
Employer EIN411652650
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Solution Design Group, Inc.)

Sponsor-wide plan assets over time

All Solution Design Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 13.958664815170893% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $49.7M $56.6M ▲ +14.0%
Year Plans Participants Total Assets
2022 2 396 $50M
2023 2 419 $53M
2024 2 408 $57M

Nearby ESOP Plans in Minnesota

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

Solution Design Group, Inc. 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 ($M) Participants Solution Design Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 22.07814 · Participants: 202Solution Design Group, Inc. Employee Stock Ownership Plan and TrustAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Solution Design Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Solution Design Group, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Solution Design Group, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Nsp Management Services of Long Island,Inc. ESOP in NY ($22M); by covered participants it is Bank Forward Employee Stock Ownership Plan in ND (202 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (202 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.

Frequently Asked Questions

How did Solution Design Group, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Solution Design Group, Inc. Employee Stock Ownership Plan and Trust pulled back noticeably - down 10.7% during 2023, from $25M to $22M. Reported net income was -$3M.
How have Solution Design Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Solution Design Group, Inc.'s sponsor-wide assets grew 14.0%, from $50M to $57M.
Which ESOP plans are similar in size to Solution Design Group, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Nsp Management Services of Long Island,Inc. ESOP in NY ($22M, 94 participants).
Which ESOP plans cover a similar participant headcount to Solution Design Group, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Bank Forward Employee Stock Ownership Plan in ND (202 participants, $42M in assets).

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 411652650.

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.