ESOP · DOL Form 5500 · 2023

Renkim Corporation ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
134
Participants Small participant base
57th
Percentile by assets National rank
$68,990
Avg per participant Below avg balance/head
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Official DOL plan name: Renkim Corporation Employee Stock Ownership Plan · Sponsored by Renkim Corporation · Michigan · Information & Media

$9M in assets, 134 participants

Renkim Corporation's Renkim Corporation Employee Stock Ownership Plan reported $9M in total assets and 134 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #1,227 in Information & Media (2,818 peers)

Coverage in Michigan

Renkim Corporation Employee Stock Ownership Plan covers 134 participants in Michigan, about 21% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#1,227
in Information & Media (2,818 peers)
+2.7%
assets growth YoY

Renkim Corporation Employee Stock Ownership Plan's mid-pack asset rank among Information & Media and all filers

Renkim Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$9,244,724 Top 43% higher than 57% 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

Renkim Corporation Employee Stock Ownership Plan 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. Renkim Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (134 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Renkim Corporation Employee Stock Ownership Plan reported net income fell from $652K in the plan year 2022 filing to $239K in the plan year 2023 filing.
  • Renkim Corporation Employee Stock Ownership Plan reported participants rose from 128 in the plan year 2022 filing to 134 in the plan year 2023 filing.
  • Renkim Corporation Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382421198 · Renkim Corporation PY 2023 · ESOP

Renkim Corporation Employee Stock Ownership Plan · $9M · 134 · 57th

  • NET $9M
  • BOOK 134
  • VS-ST 57th
  • BOY ESOP
  • SCH near The Menke Group Employee Stock Ownership Plan
  • EBSA ind #1227

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 Michigan →

Renkim Corporation Employee Stock Ownership Plan in the asset neighbourhood

Kumar & Associates, Inc. Employee Stock Ownership PlanKumar & Associates, Inc. Emp…$9MMve Group, Inc. Employee Stock Ownership PlanMve Group, Inc. Employee Sto…$9MRenkim Corporation Employee Stock Ownership PlanRenkim Corporation Employee …$9MThe Menke Group Employee Stock Ownership PlanThe Menke Group Employee Sto…$9MColumbia Chemical Corporation Employee Stock Ownership PlanColumbia Chemical Corporatio…$9M
End-of-year total assets ($M) among Renkim Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income$239K
Employer EIN382421198
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Renkim Corporation)

Sponsor-wide plan assets over time

All Renkim Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$18M 14.827861277212747% vs 2022
2024 filing year
$15M$16M$17M$18M$19M 202220232024 $15.7M $18M ▲ +14.8%
Year Plans Participants Total Assets
2022 2 248 $16M
2023 2 261 $16M
2024 2 272 $18M

Nearby ESOP Plans in Michigan

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

Renkim Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Renkim Corporation Employee Stock Ownership Plan, Total assets ($B): 0.009244724 · Participants: 134Renkim Corporation Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Renkim Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Renkim Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is The Menke Group Employee Stock Ownership Plan in CA ($9M); by covered participants it is Reed & Reed, Inc. Employee Stock Ownership Plan in ME (134 participants). Same-state nearby plans are listed separately above.

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 Renkim Corporation Employee Stock Ownership Plan assets move in 2023?
Renkim Corporation Employee Stock Ownership Plan edged up modestly - up 2.7% during 2023, from $9M to $9M. Reported net income was $239K.
How have Renkim Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Renkim Corporation's sponsor-wide assets grew 14.8%, from $16M to $18M.
Which ESOP plans are similar in size to Renkim Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is The Menke Group Employee Stock Ownership Plan in CA ($9M, 44 participants).
Which ESOP plans cover a similar participant headcount to Renkim Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Reed & Reed, Inc. Employee Stock Ownership Plan in ME (134 participants, $13M in assets).