ESOP · DOL Form 5500 · 2023

Bachman, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
55
Participants Small participant base
45th
Percentile by assets National rank
$92,460
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Bachman, Inc. ESOP · Sponsored by Bachman, Inc. · North Dakota · Construction

$5M in assets, 55 participants

Bachman, Inc.'s Bachman, Inc. ESOP reported $5M in total assets and 55 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #3,873 in Construction (9,030 peers)

What the 2023 filing shows

Bachman, Inc. ESOP holds $5M for 55 participants - about $92,460 per participant, in the lower half of filed plans by assets.

#3,873
in Construction (9,030 peers)
+6.4%
assets growth YoY

Bachman, Inc. ESOP's mid-pack asset rank among Construction and all filers

Bachman, Inc. ESOP vs every filed plan by assets

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

$5,085,284 45th percentile higher than 45% 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

Bachman, Inc. ESOP among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bachman, Inc. ESOP is a small filing (55 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bachman, Inc. ESOP reported net income fell from $2M in the plan year 2022 filing to $338K in the plan year 2023 filing.
  • Bachman, Inc. ESOP end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Bachman, Inc. ESOP reported participants rose from 54 in the plan year 2022 filing to 55 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 450398385 · Bachman, Inc. PY 2023 · ESOP

Bachman, Inc. ESOP · $5M · 55 · 45th

  • ASSETS $5M
  • PCT 55
  • EIN 45th
  • RANK ESOP
  • PHOTO near Xl Fire Protection, Inc. Employee Stock Ownership Plan
  • IND ind #3873

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 North Dakota →

Bachman, Inc. ESOP in the asset neighbourhood

Bachman, Inc. ESOP$5MMain Banc, Inc. Employee Stock Ownership PlanMain Banc, Inc. Employee Sto…$5MXl Fire Protection, Inc. Employee Stock Ownership PlanXl Fire Protection, Inc. Emp…$5MConsolidated Graphics Group, Inc. Employee Stock Ownership Plan and TrustConsolidated Graphics Group,…$5MT.R. Arnold & Associates, Inc. Employee Stock Ownership PlanT.R. Arnold & Associates, In…$5M
End-of-year total assets ($M) among Bachman, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income$338K
Employer EIN450398385
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bachman, Inc.)

Sponsor-wide plan assets over time

All Bachman, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 3.9094551147875882% vs 2022
2024 filing year
$4.7M$4.8M$4.9M$5M$5.1M$5.2M 202220232024 $4.78M $4.96M ▲ +3.8%
Year Plans Participants Total Assets
2022 1 54 $5M
2023 1 55 $5M
2024 1 52 $5M

Nearby ESOP Plans in North Dakota

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

Bachman, Inc. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Bachman, Inc. ESOP, Total assets ($B): 0.005085284 · Participants: 55Bachman, Inc. ESOPBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.176759361 · Participants: 2973Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.837710398 · Participants: 4597Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229795263 · Participants: 767Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.158672448 · Participants: 901Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.086685795 · Participants: 90Frontier Precision, Inc Employee Stock Ownership Plan
Bachman, Inc. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Bachman, Inc. ESOP side-by-side with 3 peers →

Bachman, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Xl Fire Protection, Inc. Employee Stock Ownership Plan in CA ($5M); by covered participants it is Portside Builders, Inc. Employee Stock Ownership Plan in WI (55 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (55 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 Bachman, Inc. ESOP assets move in 2023? ▼
Bachman, Inc. ESOP grew at a solid clip - up 6.4% during 2023, from $5M to $5M. Reported net income was $338K.
How have Bachman, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bachman, Inc.'s sponsor-wide assets grew 3.9%, from $5M to $5M.
Which ESOP plans are similar in size to Bachman, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Xl Fire Protection, Inc. Employee Stock Ownership Plan in CA ($5M, 12 participants).
Which ESOP plans cover a similar participant headcount to Bachman, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Portside Builders, Inc. Employee Stock Ownership Plan in WI (55 participants, $15M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450398385.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.