ESOP · DOL Form 5500 · 2023

Change Parts, Inc. ESOP

Data updated 2026-08-25

$372K
Total assets Small plan by assets
39
Participants Small participant base
15th
Percentile by assets National rank
$9,538
Avg per participant Low balance/head
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Official DOL plan name: Change Parts, Inc. Employee Stock Ownership Plan · Sponsored by Change Parts, Inc. · Michigan · Manufacturing

$372K in assets, 39 participants

Change Parts, Inc.'s Change Parts, Inc. Employee Stock Ownership Plan reported $372K in total assets and 39 participants in its 2023 DOL Form 5500 filing, ranking in the 15th 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.

  • #1,160 in Manufacturing (18,722 peers)

2023 asset change

Change Parts, Inc. Employee Stock Ownership Plan pulled back noticeably 8.4% in 2023 ($406K → $372K) for 39 participants.

#1,160
in Manufacturing (18,722 peers)
-8.4%
assets change YoY

The plan reported a net loss of $34K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Change Parts, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Change Parts, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$371,985 15th percentile higher than 15% 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

Change Parts, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Change Parts, Inc. Employee Stock Ownership Plan is a small filing (39 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Change Parts, Inc. Employee Stock Ownership Plan reported net income fell from -$24K in the plan year 2022 filing to -$34K in the plan year 2023 filing.
  • Change Parts, Inc. Employee Stock Ownership Plan end-of-year assets fell from $406K in the plan year 2022 filing to $372K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382505120 · Change Parts, Inc. PY 2023 · ESOP

Change Parts, Inc. Employee Stock Ownership Plan · $372K · 39 · 15th

  • EBSA $372K
  • PART 39
  • TYPE 15th
  • NET ESOP
  • BOOK near Left Hand Brewing Company, Inc. Employee Stock Ownership Plan
  • VS-ST ind #1160

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 →

Change Parts, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Change Parts, Inc. Employee Stock Ownership PlanChange Parts, Inc. Employee …$372KLeft Hand Brewing Company, Inc. Employee Stock Ownership PlanLeft Hand Brewing Company, I…$372KD&o Engineering Co., Inc. Employee Stock Ownership PlanD&o Engineering Co., Inc. Em…$373KWebit Services, Inc. Employee Stock Ownership PlanWebit Services, Inc. Employe…$370KDx Enterprises, Inc. Employee Stock Ownership PlanDx Enterprises, Inc. Employe…$370K
End-of-year total assets ($M) among Change Parts, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Change Parts, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Change Parts, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$0.2M$0.4M$0.6M 202220232024 $0.41M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 39 $406K
2023 1 39 $372K
2024 1 30 N/A

2023 asset-move particulars

Total Assets (Beginning of Year)$406K
Net Assets (End of Year)$372K
Net Income-$34K
Employer EIN382505120
Plan Effective Date2011-12-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Change Parts, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.5 Total assets ($B) Participants Change Parts, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000371985 · Participants: 39Change Parts, Inc. 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
Change Parts, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Change Parts, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Left Hand Brewing Company, Inc. Employee Stock Ownership Plan in CO ($372K); by covered participants it is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 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 Change Parts, Inc. Employee Stock Ownership Plan assets move in 2023?
Change Parts, Inc. Employee Stock Ownership Plan pulled back noticeably - down 8.4% during 2023, from $406K to $372K. Reported net income was -$34K.
Where does Change Parts, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Change Parts, Inc. Employee Stock Ownership Plan ranks in the 15th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Change Parts, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Left Hand Brewing Company, Inc. Employee Stock Ownership Plan in CO ($372K, 50 participants).
Which ESOP plans cover a similar participant headcount to Change Parts, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 participants, $29M in assets).