ESOP · DOL Form 5500 · 2023

Kingdom Enterprises, Inc. ESOP

Data updated 2026-08-11

$498M
Total assets: 789
Participants: 97th
Percentile by assets: $630,594
Avg per participant

Official DOL plan name: Kingdom Enterprises, Inc. Employee Stock Ownership Plan · Sponsored by Kingdom Enterprises, Inc. · Minnesota · Manufacturing

$498M in assets, 789 participants

Kingdom Enterprises, Inc.'s Kingdom Enterprises, Inc. Employee Stock Ownership Plan reported $498M in total assets and 789 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#17,928 in Manufacturing (18,722 peers)

Where Kingdom Enterprises, Inc. Employee Stock Ownership Plan sits by assets

Kingdom Enterprises, Inc. Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $498M for 789 participants (~$630,594/participant), up 24.5% in 2023.

$498M
total plan assets (2023 EOY): 789
covered participants: 97th
percentile by assets (of 127,072 plans): $630,594
avg assets per participant

Kingdom Enterprises, Inc. Employee Stock Ownership Plan reported net income rose from $22M in the plan year 2022 filing to $34M in the plan year 2023 filing.
Kingdom Enterprises, Inc. Employee Stock Ownership Plan end-of-year assets rose from $400M in the plan year 2022 filing to $498M in the plan year 2023 filing.
Kingdom Enterprises, Inc. Employee Stock Ownership Plan reported participants fell from 801 in the plan year 2022 filing to 789 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Manufacturing

Kingdom Enterprises, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Kingdom Enterprises, Inc. Employee Stock Ownership Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$400M
Net Assets (End of Year)	$432M
Net Income	$34M
Employer EIN	800965423
Plan Effective Date	1979-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Kingdom Enterprises, Inc.)

Total plan assets by year, all Kingdom Enterprises, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,604	$479M
2023	2	1,585	$582M
2024	2	1,584	$688M

Nearby ESOP Plans in Minnesota

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

Kingdom Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
Force America Inc. Employee Stock Ownership Plan $427M · 412
Polaris Inc. Employee Stock Ownership Plan $293M · 8,758

Compare Kingdom Enterprises, Inc. Employee Stock… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Kingdom Enterprises, Inc. Employee Stock Ownership Plan by total assets, not by location.

Austin Industries Employee Stock Ownership Plan (TX) $498M · 4,510
Recology Employee Stock Ownership Plan (CA) $497M · 3,656
Central States, Inc. Employee Stock Ownership Plan (AR) $496M · 1,113
Golden Hippo Employee Stock Ownership Plan (CA) $495M · 956

Frequently Asked Questions

How did Kingdom Enterprises, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Kingdom Enterprises, Inc. Employee Stock Ownership Plan grew sharply - up 24.5% during 2023, from $400M to $498M. Reported net income was $34M.

How have Kingdom Enterprises, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Kingdom Enterprises, Inc.'s sponsor-wide assets grew 43.5%, from $479M to $688M.

Where does Kingdom Enterprises, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Kingdom Enterprises, Inc. Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which ESOP plans are similar in size to Kingdom Enterprises, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Austin Industries Employee Stock Ownership Plan in TX ($498M, 4,510 participants).

Next read for Kingdom Enterprises, Inc. Employee Stock…

Scale reading

Ways to act on Kingdom Enterprises, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Kingdom Enterprises, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
Kingdom Enterprises, Inc.'s sponsor-wide assets have grown 43.5% since 2022 across 3 plan years on file. More Manufacturing plans

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 800965423.