ESOP · DOL Form 5500 · 2023

Lunseth Plumbing & Heating Company ESOP

Data updated 2026-08-25

$55M
Total assets Below avg plan size
112
Participants Small participant base
86th
Percentile by assets National rank
$486,732
Avg per participant High balance/head
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Official DOL plan name: Lunseth Plumbing and Heating Co. ESOP · Sponsored by Lunseth Plumbing & Heating Company · North Dakota · Construction

$55M in assets, 112 participants

Lunseth Plumbing & Heating Company's Lunseth Plumbing and Heating Co. ESOP reported $55M in total assets and 112 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,604 in Construction (9,030 peers)

Coverage in North Dakota

Lunseth Plumbing and Heating Co. ESOP covers 112 participants in North Dakota, about 22% of the average North Dakota filer (state average ~504 per filing). Assets: $55M.

#7,604
in Construction (9,030 peers)
+31.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Lunseth Plumbing and Heating Co. ESOP's outsized position by total assets

Lunseth Plumbing and Heating Co. ESOP vs every filed plan by assets

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

$54,513,942 Top 14% higher than 86% 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

Lunseth Plumbing and Heating Co. ESOP 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. Lunseth Plumbing and Heating Co. ESOP sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lunseth Plumbing and Heating Co. ESOP reported net income rose from $8M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Lunseth Plumbing and Heating Co. ESOP end-of-year assets rose from $42M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Lunseth Plumbing and Heating Co. ESOP reported participants fell from 126 in the plan year 2022 filing to 112 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 450160050 · Lunseth Plumbing & Heating Company PY 2023 · ESOP

Lunseth Plumbing and Heating Co. ESOP · $55M · 112 · 86th

  • IND $55M
  • EOY 112
  • 5500 86th
  • ASSETS ESOP
  • PCT near Paper Machinery Holding Corporation Employee Stock Ownership Plan
  • EIN ind #7604

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 →

Lunseth Plumbing and Heating Co. ESOP in the asset neighbourhood

Triad Manufacturing, Inc. Employee Stock Ownership PlanTriad Manufacturing, Inc. Em…$55MVirginia Systems and Technology, Inc. Profit Sharing PlanVirginia Systems and Technol…$55MLong Haul Trucking, Inc. Employee Stock Ownership Plan and TrustLong Haul Trucking, Inc. Emp…$55MLunseth Plumbing and Heating Co. ESOPLunseth Plumbing and Heating…$55MPaper Machinery Holding Corporation Employee Stock Ownership PlanPaper Machinery Holding Corp…$54M
End-of-year total assets ($M) among Lunseth Plumbing and Heating Co. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

North Dakota filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$54M
Net Income$13M
Employer EIN450160050
Plan Effective Date2009-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lunseth Plumbing & Heating Company)

Sponsor-wide plan assets over time

All Lunseth Plumbing & Heating Company plans reported in each filing year

Latest sponsor-wide plan assets
$71M 70.68535465093025% vs 2022
2024 filing year
$30M$40M$50M$60M$70M$80M 202220232024 $41.6M $70.9M ▲ +70.7%
Year Plans Participants Total Assets
2022 1 126 $42M
2023 1 112 $55M
2024 1 123 $71M

Nearby ESOP Plans in North Dakota

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

Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Lunseth Plumbing and Heating Co. ESOP, Total assets ($B): 0.054513942 · Participants: 112Lunseth Plumbing and Heating Co. 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
Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Lunseth Plumbing and Heating Co. ESOP side-by-side with 3 peers →

Lunseth Plumbing and Heating Co. ESOP's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Paper Machinery Holding Corporation Employee Stock Ownership Plan in WI ($54M); by covered participants it is W.M. Kelley Company, Inc. Employee Stock Ownership Plan in IN (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 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 Lunseth Plumbing and Heating Co. ESOP assets move in 2023? ▼
Lunseth Plumbing and Heating Co. ESOP surged - up 31.2% during 2023, from $42M to $55M. Reported net income was $13M.
How have Lunseth Plumbing & Heating Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lunseth Plumbing & Heating Company's sponsor-wide assets grew 70.7%, from $42M to $71M.
Where does Lunseth Plumbing and Heating Co. ESOP rank by assets among Form 5500 filers? ▼
Lunseth Plumbing and Heating Co. ESOP ranks in the 86th 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 Lunseth Plumbing and Heating Co. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Paper Machinery Holding Corporation Employee Stock Ownership Plan in WI ($54M, 211 participants).
Which ESOP plans cover a similar participant headcount to Lunseth Plumbing and Heating Co. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is W.M. Kelley Company, Inc. Employee Stock Ownership Plan in IN (112 participants, $12M 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 450160050.

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.