ESOP · DOL Form 5500 · 2023
Border States Industries, Inc. ESOP
Data updated 2026-08-25
- $1.2B
- Total assets Very large vs avg
- 2,973
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $395,815
- Avg per participant High balance/head
Official DOL plan name: Border States Industries, Inc. Employee Stock Ownership Plan · Sponsored by Border States Industries, Inc. · North Dakota · Wholesale Trade
$1.2B in assets, 2,973 participants
Border States Industries, Inc.'s Border States Industries, Inc. Employee Stock Ownership Plan reported $1.2B in total assets and 2,973 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- #6,260 in Wholesale Trade (6,309 peers)
Coverage in North Dakota
Border States Industries, Inc. Employee Stock Ownership Plan covers 2,973 participants in North Dakota, 5.9x the typical North Dakota plan (state average ~504 per filing). Assets: $1.2B.
- #6,260
- in Wholesale Trade (6,309 peers)
- +6.4%
- assets growth YoY
- 12×
- vs typical plan assets (national mean)
Border States Industries, Inc. Employee Stock Ownership Plan's outsized position by total assets
Border States Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$1,176,759,361 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Border States Industries, Inc. Employee Stock Ownership Plan's large-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Border States Industries, Inc. Employee Stock Ownership Plan lands in the large band (2,973 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Border States Industries, Inc. Employee Stock Ownership Plan reported net income fell from $278M in the plan year 2022 filing to $84M in the plan year 2023 filing.
- Border States Industries, Inc. Employee Stock Ownership Plan reported participants rose from 2,781 in the plan year 2022 filing to 2,973 in the plan year 2023 filing.
- Border States Industries, Inc. Employee Stock Ownership Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.2B in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 450275004 · Border States Industries, Inc. PY 2023 · ESOP
Border States Industries, Inc. Employee Stock Ownership Plan · $1.2B · 2,973 · 99th
- NET $1.2B
- BOOK 2,973
- VS-ST 99th
- BOY ESOP
- SCH near Scot Forge Company Employee Stock Ownership Plan
- EBSA ind #6260
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 →
Border States Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood
North Dakota filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | $84M |
| Employer EIN | 450275004 |
| Plan Effective Date | 1984-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Border States Industries, Inc.)
Sponsor-wide plan assets over time
All Border States Industries, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 24.35046408252673% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 5,175 | $1.3B |
| 2023 | 2 | 5,853 | $1.4B |
| 2024 | 2 | 6,351 | $1.6B |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Scheels Employee Stock Ownership Plan $838M · 4,597
- Dakota Supply Group, Inc. Employee Stock Ownership Plan $230M · 767
- Ulteig, Inc. Employee Stock Ownership Plan $159M · 901
- Frontier Precision, Inc Employee Stock Ownership Plan $87M · 90
- Klj Solutions Co Employee Stock Ownership Plan $85M · 461
Border States Industries, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside North Dakota, the nearest ESOP by assets is Scot Forge Company Employee Stock Ownership Plan in IL ($1.2B); by covered participants it is Sammons Enterprises, Inc. Employee Stock Ownership Plan in TX (3,000 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.2B here).
- Scot Forge Company Employee Stock Ownership Plan (IL) $1.2B · 486
- Nvr, Inc. Employee Stock Ownership Plan (VA) $1.2B · 6,866
- Rosendin Electric, Inc. Employee Stock Ownership Plan (CA) $1.1B · 1,700
- Evapco, Inc. Employee Stock Ownership Plan (MD) $1.1B · 1,617
Similar participant headcount
Nearest other-state filings by covered participants (2,973 participants); asset peers above are excluded.
- Sammons Enterprises, Inc. Employee Stock Ownership Plan (TX) 3,000 · 27 off
- Csc Employee Stock Ownership Plan (CA) 2,908 · 65 off
- Westat, Inc. Employee Stock Ownership Plan (MD) 3,046 · 73 off
- Skogen's Foodliner & Associates Employee Stock Ownership Plan (WI) 3,059 · 86 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.