ESOP · DOL Form 5500 · 2023

Nd Energy Services Management, Inc. ESOP

Data updated 2026-08-11

$16M
Total assets
261
Participants
68th
Percentile by assets
$59,847
Avg per participant
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Official DOL plan name: Nd Energy Services Management, Inc. Employee Stock Ownership Plan · Sponsored by Nd Energy Services Management, Inc. · North Dakota · Mining & Oil Extraction

$16M in assets, 261 participants

Nd Energy Services Management, Inc.'s Nd Energy Services Management, Inc. Employee Stock Ownership Plan reported $16M in total assets and 261 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • 68th percentile by assets (of 127,072 plans)
  • #394 in Mining & Oil Extraction (811 peers)

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Nd Energy Services Management, Inc. Employee Stock Ownership Plan ranks #394 of 811 2023 filers by assets (787% of the sector average)-$16M for 261 participants.

$16M
total plan assets (2023 EOY)
261
covered participants
68th
percentile by assets (of 127,072 plans)
$59,847
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nd Energy Services Management, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Nd Energy Services Management, Inc. Employee Stock Ownership Plan reported net income rose from -$91M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Nd Energy Services Management, Inc. Employee Stock Ownership Plan reported participants fell from 341 in the plan year 2022 filing to 261 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Rank #394 in Mining & Oil Extraction

Among 811 Mining & Oil Extraction plans that filed a Form 5500 for plan year 2023, Nd Energy Services Management, Inc. Employee Stock Ownership Plan ranks #394 by end-of-year assets - about 787% of the sector average of $123M. Nationally it sits in the 68th percentile, a weaker position within its industry than across all filers.

Mining & Oil Extraction filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$78M
Net Income$13M
Employer EIN822473170
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nd Energy Services Management, Inc.)

$0M$10M$20M$30M$40M$50M 202220232024 $13M $44.3M ▲ +240.2%
Total plan assets by year, all Nd Energy Services Management, Inc. plans on file
Year Plans Participants Total Assets
2022 2 529 $13M
2023 4 873 $39M
2024 2 724 $44M

Nearby ESOP Plans in North Dakota

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

Nd Energy Services Management, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants

Nd Energy Services Management, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Nd Energy Services M…Border States Indust…Scheels Employee Sto…Dakota Supply Group,…Ulteig, Inc. Employe…Frontier Precision, …
Nd Energy Services Management, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Nd Energy Services Management, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Nd Energy Services Management, Inc. Employee Stock Ownership Plan assets move in 2023?
Nd Energy Services Management, Inc. Employee Stock Ownership Plan surged - up 223.4% during 2023, from $5M to $16M. Reported net income was $13M.
How have Nd Energy Services Management, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nd Energy Services Management, Inc.'s sponsor-wide assets grew 240.2%, from $13M to $44M.
Which ESOP plans are similar in size to Nd Energy Services Management, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Fpl Advisory Group Holdings Co. Employee Stock Ownership Plan in IL ($16M, 60 participants).

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Filing takeaways

Ways to act on Nd Energy Services Management, Inc. Employee Stock Ownership Plan's numbers.