ESOP · DOL Form 5500 · 2023

National Nail Corp. ESOP

Data updated 2026-08-25

$230M
Total assets Near avg plan size
172
Participants Small participant base
95th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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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.

  • #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.

#6,088
in Wholesale Trade (6,309 peers)
+32.1%
assets growth YoY
2.3×
vs typical plan assets (national mean)

National Nail Corp. Employee Stock Ownership Plan's outsized position by total assets

National Nail Corp. Employee Stock Ownership Plan vs every filed plan by assets

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

$229,676,649 Top 5% higher than 95% 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

National Nail Corp. 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. National Nail Corp. Employee Stock Ownership Plan sits mid-pack in the medium band (172 participants).

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.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381903475 · National Nail Corp. PY 2023 · ESOP

National Nail Corp. Employee Stock Ownership Plan · $230M · 172 · 95th

  • TYPE $230M
  • TYPE 172
  • TYPE 95th
  • TYPE ESOP
  • TYPE near Stellar Industries, Inc. Employee Stock Ownership Plan
  • TYPE ind #6088

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 →

National Nail Corp. Employee Stock Ownership Plan in the asset neighbourhood

Wright Service Corp. Employee Stock Ownership PlanWright Service Corp. Employe…$231MDakota Supply Group, Inc. Employee Stock Ownership PlanDakota Supply Group, Inc. Em…$230MNational Nail Corp. Employee Stock Ownership PlanNational Nail Corp. Employee…$230MStellar Industries, Inc. Employee Stock Ownership PlanStellar Industries, Inc. Emp…$230MScs Engineers Employee Stock Ownership PlanScs Engineers Employee Stock…$229M
End-of-year total assets ($M) among National Nail Corp. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$174M
Net Assets (End of Year)$223M
Net Income$56M
Employer EIN381903475
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Nail Corp.)

Sponsor-wide plan assets over time

All National Nail Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$247M 36.40154990555348% vs 2022
2024 filing year
$160M$180M$200M$220M$240M$260M 202220232024 $181M $247M ▲ +36.4%
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 Scatter plot of 6 data points. 0500100015002000 00.511.5 Total assets ($B) Participants National Nail Corp. Employee Stock Ownership Plan, Total assets ($B): 0.229676649 · Participants: 172National Nail Corp. 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
National Nail Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

National Nail Corp. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Stellar Industries, Inc. Employee Stock Ownership Plan in ID ($230M); by covered participants it is Davidson Technologies, Inc. Employee Stock Ownership Plan in AL (172 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (172 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 National Nail Corp. Employee Stock Ownership Plan assets move in 2023? ▼
National Nail Corp. Employee Stock Ownership Plan surged - up 32.1% during 2023, from $174M to $230M. Reported net income was $56M.
How have National Nail Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Nail Corp.'s sponsor-wide assets grew 36.4%, from $181M to $247M.
Where does National Nail Corp. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
National Nail Corp. Employee Stock Ownership Plan ranks in the 95th 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 National Nail Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Stellar Industries, Inc. Employee Stock Ownership Plan in ID ($230M, 659 participants).
Which ESOP plans cover a similar participant headcount to National Nail Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Davidson Technologies, Inc. Employee Stock Ownership Plan in AL (172 participants, N/A in assets).