ESOP · DOL Form 5500 · 2023

Minnesota Ag Group, Inc. ESOP

Data updated 2026-08-11

$19M
Total assets
89
Participants
71st
Percentile by assets
$209,392
Avg per participant
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Official DOL plan name: Minnesota Ag Group, Inc. Employee Stock Ownership Plan · Sponsored by Minnesota Ag Group, Inc. · Minnesota · Agriculture, Forestry & Fishing

$19M in assets, 89 participants

Minnesota Ag Group, Inc.'s Minnesota Ag Group, Inc. Employee Stock Ownership Plan reported $19M in total assets and 89 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 127,072 plans)
  • #1,017 in Agriculture, Forestry & Fishing (1,288 peers)

Minnesota Ag Group, Inc. multi-year trail

Minnesota Ag Group, Inc.'s plans moved +47.0% in assets from 2022 to 2024; this filing shows Minnesota Ag Group, Inc. Employee Stock Ownership Plan at $19M / 89 participants.

$19M
total plan assets (2023 EOY)
89
covered participants
71st
percentile by assets (of 127,072 plans)
$209,392
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Minnesota Ag Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Minnesota Ag Group, Inc. Employee Stock Ownership Plan reported net income fell from $7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Minnesota Ag Group, Inc. Employee Stock Ownership Plan reported participants rose from 85 in the plan year 2022 filing to 89 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Minnesota Ag Group, Inc. across 3 plan years on file

Across the 3 plan years Minnesota Ag Group, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $13M to $19M, a gain of 47.0%, while reported participants moved from 85 to 89 (+4.7%). Peak year by sponsor assets: 2024 ($19M); trough: 2022 ($13M).

Minnesota Ag Group, Inc. multi-year asset trail

$12M$14M$16M$18M$20M 202220232024 $12.8M $18.8M ▲ +46.9%
Total plan assets by year, all Minnesota Ag Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 85 $13M
2023 1 89 $19M
2024 1 89 $19M

Minnesota Ag Group, Inc. filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$12M
Net Income$6M
Employer EIN411851738
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Minnesota Ag Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Minnesota Ag Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Minnesota Ag Group, …Andersen Corporation…Kingdom Enterprises,…Landscape Structures…Hormel Foods Corpora…Force America Inc. E…
Minnesota Ag Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Minnesota Ag Group, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Minnesota Ag Group, Inc. Employee Stock Ownership Plan assets move in 2023?
Minnesota Ag Group, Inc. Employee Stock Ownership Plan surged - up 45.9% during 2023, from $13M to $19M. Reported net income was $6M.
How have Minnesota Ag Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Minnesota Ag Group, Inc.'s sponsor-wide assets grew 47.0%, from $13M to $19M.
Which ESOP plans are similar in size to Minnesota Ag Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is United Forming, Inc. Employee Stock Ownership Plan in GA ($19M, 325 participants).

Next read for Minnesota Ag Group, Inc. Employee Stock …

Multi-year trail

Ways to act on Minnesota Ag Group, Inc. Employee Stock Ownership Plan's numbers.