ESOP · DOL Form 5500 · 2023

Vern Eide Motorcars ESOP

Data updated 2026-08-25

$19M
Total assets Small plan by assets
173
Participants Small participant base
72nd
Percentile by assets National rank
$111,879
Avg per participant Below avg balance/head
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Official DOL plan name: Vern Eide Motorcars Employee Stock Ownership Plan · Sponsored by Vern Eide Motorcars · South Dakota · Retail Trade

$19M in assets, 173 participants

Vern Eide Motorcars's Vern Eide Motorcars Employee Stock Ownership Plan reported $19M in total assets and 173 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,921 in Retail Trade (8,414 peers)

Vern Eide Motorcars multi-year trail

Vern Eide Motorcars's plans moved +44.3% in assets from 2022 to 2024; this filing shows Vern Eide Motorcars Employee Stock Ownership Plan at $19M / 173 participants.

#6,921
in Retail Trade (8,414 peers)
+35.2%
assets growth YoY

Vern Eide Motorcars Employee Stock Ownership Plan's outsized position by total assets

Vern Eide Motorcars Employee Stock Ownership Plan vs every filed plan by assets

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

$19,355,073 Top 28% higher than 72% 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

Vern Eide Motorcars 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. Vern Eide Motorcars Employee Stock Ownership Plan sits mid-pack in the medium band (173 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vern Eide Motorcars Employee Stock Ownership Plan end-of-year assets rose from $14M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Vern Eide Motorcars Employee Stock Ownership Plan reported net income fell from $7M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 460281291 · Vern Eide Motorcars PY 2023 · ESOP

Vern Eide Motorcars Employee Stock Ownership Plan · $19M · 173 · 72nd

  • EOY $19M
  • 5500 173
  • ASSETS 72nd
  • PCT ESOP
  • EIN near Ers Industries, Inc. Employee Stock Ownership Retirement Plan
  • RANK ind #6921

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 South Dakota →

Vern Eide Motorcars Employee Stock Ownership Plan in the asset neighbourhood

Timberline Manufacturing Company Employee Stock Ownership PlanTimberline Manufacturing Com…$19MVern Eide Motorcars Employee Stock Ownership PlanVern Eide Motorcars Employee…$19MErs Industries, Inc. Employee Stock Ownership Retirement PlanErs Industries, Inc. Employe…$19MTex-Oma Builders Supply Company Employee Stock Ownership PlanTex-Oma Builders Supply Comp…$19MYour Building Centers, Inc. Employee Stock Ownership PlanYour Building Centers, Inc. …$19M
End-of-year total assets ($M) among Vern Eide Motorcars Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Vern Eide Motorcars multi-year asset trail

Sponsor-wide plan assets over time

All Vern Eide Motorcars plans reported in each filing year

Latest sponsor-wide plan assets
$56M 44.25328976107604% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $39.1M $56.3M ▲ +44.3%
Year Plans Participants Total Assets
2022 2 539 $39M
2023 2 475 $48M
2024 2 512 $56M

Vern Eide Motorcars filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$1M
Net Income$6M
Employer EIN460281291
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in South Dakota

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

Vern Eide Motorcars Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 0200400600800 020406080100120 Total assets ($M) Participants Vern Eide Motorcars Employee Stock Ownership Plan, Total assets ($M): 19.355073 · Participants: 173Vern Eide Motorcars Employee Stock Ownership PlanShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.050363 · Participants: 506Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 51.743144 · Participants: 713Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 44.406334 · Participants: 83Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 43.108665 · Participants: 471Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 38.747989 · Participants: 112The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust
Vern Eide Motorcars Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants

Vern Eide Motorcars Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside South Dakota, the nearest ESOP by assets is Ers Industries, Inc. Employee Stock Ownership Retirement Plan in NY ($19M); by covered participants it is Gha Technologies, Inc. Employee Stock Ownership Plan in AZ (173 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 Vern Eide Motorcars Employee Stock Ownership Plan assets move in 2023?
Vern Eide Motorcars Employee Stock Ownership Plan surged - up 35.2% during 2023, from $14M to $19M. Reported net income was $6M.
How have Vern Eide Motorcars plan assets changed over time?
Across 3 plan years on file (2022-2024), Vern Eide Motorcars's sponsor-wide assets grew 44.3%, from $39M to $56M.
Which ESOP plans are similar in size to Vern Eide Motorcars Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ers Industries, Inc. Employee Stock Ownership Retirement Plan in NY ($19M, 40 participants).
Which ESOP plans cover a similar participant headcount to Vern Eide Motorcars Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Gha Technologies, Inc. Employee Stock Ownership Plan in AZ (173 participants, $26M in assets).