ESOP · DOL Form 5500 · 2023

Team Industries Holding Corporation ESOP

Data updated 2026-08-25

$69M
Total assets Below avg plan size
897
Participants Near avg headcount
88th
Percentile by assets National rank
$76,413
Avg per participant Below avg balance/head
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Official DOL plan name: Team Industries Employee Stock Ownership Plan · Sponsored by Team Industries Holding Corporation · Minnesota · Manufacturing

$69M in assets, 897 participants

Team Industries Holding Corporation's Team Industries Employee Stock Ownership Plan reported $69M in total assets and 897 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,532 in Manufacturing (18,722 peers)

Where Team Industries Employee Stock Ownership Plan sits by assets

Team Industries Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $69M for 897 participants (~$76,413/participant), down 7.5% in 2023.

#15,532
in Manufacturing (18,722 peers)
-7.5%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Team Industries Employee Stock Ownership Plan's outsized position by total assets

Team Industries Employee Stock Ownership Plan vs every filed plan by assets

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

$68,542,137 Top 12% higher than 88% 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

Team Industries 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. Team Industries Employee Stock Ownership Plan sits mid-pack in the medium band (897 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Team Industries Employee Stock Ownership Plan reported net income rose from -$8M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Team Industries Employee Stock Ownership Plan end-of-year assets fell from $74M in the plan year 2022 filing to $69M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411760698 · Team Industries Holding Corporation PY 2023 · ESOP

Team Industries Employee Stock Ownership Plan · $69M · 897 · 88th

  • VS-ST $69M
  • VS-ST 897
  • VS-ST 88th
  • VS-ST ESOP
  • VS-ST near Howard Building Corporation Employee Stock Ownership Plan
  • VS-ST ind #15532

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 Minnesota →

Team Industries Employee Stock Ownership Plan in the asset neighbourhood

Employee Stock Ownership Plan of Vita PlusEmployee Stock Ownership Pla…$69MSdi Education, Inc. Employee Stock Ownership PlanSdi Education, Inc. Employee…$69MTeam Industries Employee Stock Ownership PlanTeam Industries Employee Sto…$69MHoward Building Corporation Employee Stock Ownership PlanHoward Building Corporation …$68MDarifill Employee Stock Ownership PlanDarifill Employee Stock Owne…$68M
End-of-year total assets ($M) among Team Industries Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$64M
Net Income-$4M
Employer EIN411760698
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Team Industries Holding Corporation)

Sponsor-wide plan assets over time

All Team Industries Holding Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$165M 5.145492138113125% vs 2022
2024 filing year
$155M$160M$165M$170M 202220232024 $157M $165M ▲ +5.1%
Year Plans Participants Total Assets
2022 2 1,933 $157M
2023 2 1,935 $163M
2024 2 1,929 $165M

Nearby ESOP Plans in Minnesota

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

Team Industries Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Team Industries Employee Stock Ownership Plan, Total assets ($M): 68.542137 · Participants: 897Team Industries Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Team Industries Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Team Industries Employee Stock Ownership Plan side-by-side with 3 peers →

Team Industries Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Howard Building Corporation Employee Stock Ownership Plan in CA ($68M); by covered participants it is Electronic Theatre Controls, Inc. Employee Stock Ownership Plan in WI (897 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (897 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 Team Industries Employee Stock Ownership Plan assets move in 2023? ▼
Team Industries Employee Stock Ownership Plan pulled back noticeably - down 7.5% during 2023, from $74M to $69M. Reported net income was -$4M.
How have Team Industries Holding Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Team Industries Holding Corporation's sponsor-wide assets grew 5.1%, from $157M to $165M.
Where does Team Industries Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Team Industries Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Team Industries Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Howard Building Corporation Employee Stock Ownership Plan in CA ($68M, 185 participants).
Which ESOP plans cover a similar participant headcount to Team Industries Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Electronic Theatre Controls, Inc. Employee Stock Ownership Plan in WI (897 participants, $107M 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 411760698.

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.