ESOP · DOL Form 5500 · 2023
National Nail Corp. ESOP
Data updated 2026-08-11
- $230M
- Total assets
- 172
- Participants
- 95th
- Percentile by assets
- $1.3M
- Avg per participant
Official DOL plan name: National Nail Corp. Employee Stock Ownership Plan · Sponsored by National Nail Corp. · Michigan · Wholesale Trade
$230M in assets, 172 participants
National Nail Corp.'s National Nail Corp. Employee Stock Ownership Plan reported $230M in total assets and 172 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 127,072 plans)
- #6,088 in Wholesale Trade (6,309 peers)
Coverage in Michigan
National Nail Corp. Employee Stock Ownership Plan covers 172 participants in Michigan, about 27% of the average Michigan filer (state average ~638 per filing). Assets: $230M.
- $230M
- total plan assets (2023 EOY)
- 172
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $1.3M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- National Nail Corp. Employee Stock Ownership Plan reported net income rose from $15M in the plan year 2022 filing to $56M in the plan year 2023 filing.
- National Nail Corp. Employee Stock Ownership Plan end-of-year assets rose from $174M in the plan year 2022 filing to $230M in the plan year 2023 filing.
- National Nail Corp. Employee Stock Ownership Plan reported participants rose from 170 in the plan year 2022 filing to 172 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. National Nail Corp. Employee Stock Ownership Plan reports 172 participants - about 27% of that state average ($230M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $174M |
|---|---|
| Net Assets (End of Year) | $223M |
| Net Income | $56M |
| Employer EIN | 381903475 |
| Plan Effective Date | 1997-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (National Nail Corp.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 311 | $181M |
| 2023 | 2 | 325 | $239M |
| 2024 | 2 | 309 | $247M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
National Nail Corp. 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 National Nail Corp. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on National Nail Corp. Employee Stock Ownership Plan's numbers.
- By total assets, National Nail Corp. 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 Michigan. Compare plans
- National Nail Corp.'s sponsor-wide assets have grown 36.4% since 2022 across 3 plan years on file. More Wholesale Trade plans