ESOP · DOL Form 5500 · 2023

Raka Corporation ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
61
Participants Small participant base
45th
Percentile by assets National rank
$86,831
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Raka Corporation Employee Stock Ownership Plan · Sponsored by Raka Corporation · Ohio · Manufacturing

$5M in assets, 61 participants

Raka Corporation's Raka Corporation Employee Stock Ownership Plan reported $5M in total assets and 61 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.

  • #5,377 in Manufacturing (18,722 peers)

What the 2023 filing shows

Raka Corporation Employee Stock Ownership Plan holds $5M for 61 participants - about $86,831 per participant, in the lower half of filed plans by assets.

#5,377
in Manufacturing (18,722 peers)
-0.8%
assets change YoY

The plan reported a net loss of $45K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Raka Corporation Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Raka Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$5,296,706 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

Raka Corporation 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. Raka Corporation Employee Stock Ownership Plan is a small filing (61 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Raka Corporation Employee Stock Ownership Plan reported net income fell from $91K in the plan year 2022 filing to -$45K in the plan year 2023 filing.
  • Raka Corporation Employee Stock Ownership Plan reported participants fell from 64 in the plan year 2022 filing to 61 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 341224814 · Raka Corporation PY 2023 · ESOP

Raka Corporation Employee Stock Ownership Plan · $5M · 61 · 45th

  • EBSA $5M
  • EBSA 61
  • EBSA 45th
  • EBSA ESOP
  • EBSA near Radian Research, Inc. Employee Stock Ownership Plan
  • EBSA ind #5377

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 Ohio →

Raka Corporation Employee Stock Ownership Plan in the asset neighbourhood

Raka Corporation Employee Stock Ownership PlanRaka Corporation Employee St…$5MRadian Research, Inc. Employee Stock Ownership PlanRadian Research, Inc. Employ…$5MDatrex, Inc. Employee Stock Ownership Plan and TrustDatrex, Inc. Employee Stock …$5MMinnichs Pharmacy, Inc. Employee Stock Ownership PlanMinnichs Pharmacy, Inc. Empl…$5MSai Consulting Engineers, Inc. Employee Stock Ownership PlanSai Consulting Engineers, In…$5M
End-of-year total assets ($M) among Raka Corporation Employee Stock Ownership Plan 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)$5M
Net Income-$45K
Employer EIN341224814
Plan Effective Date1999-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Raka Corporation)

Sponsor-wide plan assets over time

All Raka Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$6M 3.14422783126539% vs 2022
2024 filing year
$5.2M$5.3M$5.4M$5.5M$5.6M 202220232024 $5.34M $5.51M ▲ +3.2%
Year Plans Participants Total Assets
2022 1 64 $5M
2023 1 61 $5M
2024 1 62 $6M

Nearby ESOP Plans in Ohio

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

Raka Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Raka Corporation Employee Stock Ownership Plan, Total assets ($B): 0.005296706 · Participants: 61Raka Corporation Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Raka Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Raka Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Ohio, the nearest ESOP by assets is Radian Research, Inc. Employee Stock Ownership Plan in IN ($5M); by covered participants it is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 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 Raka Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Raka Corporation Employee Stock Ownership Plan held essentially flat - down 0.8% during 2023, from $5M to $5M. Reported net income was -$45K.
How have Raka Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Raka Corporation's sponsor-wide assets grew 3.1%, from $5M to $6M.
Which ESOP plans are similar in size to Raka Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Radian Research, Inc. Employee Stock Ownership Plan in IN ($5M, 78 participants).
Which ESOP plans cover a similar participant headcount to Raka Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants, $4M 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 341224814.

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.