ESOP · DOL Form 5500 · 2023

D&m Industries, Inc. ESOP

Data updated 2026-08-25

$27M
Total assets Below avg plan size
182
Participants Below avg headcount
77th
Percentile by assets National rank
$146,182
Avg per participant Above avg balance/head
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Official DOL plan name: D&m Industries Employee Stock Ownership Plan and Trust · Sponsored by D&m Industries, Inc. · Minnesota · Wholesale Trade

$27M in assets, 182 participants

D&m Industries, Inc.'s D&m Industries Employee Stock Ownership Plan and Trust reported $27M in total assets and 182 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #4,808 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

D&m Industries Employee Stock Ownership Plan and Trust covers 182 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $27M.

#4,808
in Wholesale Trade (6,309 peers)
+180.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

D&m Industries Employee Stock Ownership Plan and Trust's outsized position by total assets

D&m Industries Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$26,605,077 Top 23% higher than 77% 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

D&m Industries Employee Stock Ownership Plan and Trust 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. D&m Industries Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (182 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • D&m Industries Employee Stock Ownership Plan and Trust reported net income rose from $2M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • D&m Industries Employee Stock Ownership Plan and Trust end-of-year assets rose from $9M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • D&m Industries Employee Stock Ownership Plan and Trust reported participants fell from 188 in the plan year 2022 filing to 182 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 450414000 · D&m Industries, Inc. PY 2023 · ESOP

D&m Industries Employee Stock Ownership Plan and Trust · $27M · 182 · 77th

  • SCH $27M
  • EBSA 182
  • PART 77th
  • TYPE ESOP
  • NET near Almar Contracting Corp Employee Stock Ownership Plan
  • BOOK ind #4808

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 →

D&m Industries Employee Stock Ownership Plan and Trust in the asset neighbourhood

Westland Resources, Inc. Employee Stock Ownership PlanWestland Resources, Inc. Emp…$27MAlmar Contracting Corp Employee Stock Ownership PlanAlmar Contracting Corp Emplo…$27MD&m Industries Employee Stock Ownership Plan and TrustD&m Industries Employee Stoc…$27MFox Bros. Piggly Wiggly, Inc. Employee Stock Ownership PlanFox Bros. Piggly Wiggly, Inc…$27MKocolene Development Corporation Employee Stock Ownership PlanKocolene Development Corpora…$27M
End-of-year total assets ($M) among D&m Industries Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$26M
Net Income$17M
Employer EIN450414000
Plan Effective Date2004-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (D&m Industries, Inc.)

Sponsor-wide plan assets over time

All D&m Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$36M 110.4415405369733% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $17.3M $36.3M ▲ +110.4%
Year Plans Participants Total Assets
2022 2 306 $17M
2023 2 306 $36M
2024 2 301 $36M

Nearby ESOP Plans in Minnesota

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

D&m Industries Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants D&m Industries Employee Stock Ownership Plan and Trust, Total assets ($M): 26.605077 · Participants: 182D&m Industries Employee Stock Ownership Plan and TrustAndersen 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
D&m Industries Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants

D&m Industries Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Almar Contracting Corp Employee Stock Ownership Plan in NY ($27M); by covered participants it is Sps New England, Inc. Employee Stock Ownership Plan in MA (182 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 D&m Industries Employee Stock Ownership Plan and Trust assets move in 2023?
D&m Industries Employee Stock Ownership Plan and Trust surged - up 180.6% during 2023, from $9M to $27M. Reported net income was $17M.
How have D&m Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), D&m Industries, Inc.'s sponsor-wide assets grew 110.4%, from $17M to $36M.
Where does D&m Industries Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
D&m Industries Employee Stock Ownership Plan and Trust ranks in the 77th 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 D&m Industries Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Almar Contracting Corp Employee Stock Ownership Plan in NY ($27M, 14 participants).
Which ESOP plans cover a similar participant headcount to D&m Industries Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Sps New England, Inc. Employee Stock Ownership Plan in MA (182 participants, $19M in assets).