ESOP · DOL Form 5500 · 2023

Quality Boneless Beef Inc ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
58
Participants Small participant base
41st
Percentile by assets National rank
$72,959
Avg per participant Below avg balance/head
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Official DOL plan name: Quality Boneless Beef Inc Employee Stock Ownership Plan · Sponsored by Quality Boneless Beef Inc · North Dakota · Retail Trade

$4M in assets, 58 participants

Quality Boneless Beef Inc's Quality Boneless Beef Inc Employee Stock Ownership Plan reported $4M in total assets and 58 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #4,384 in Retail Trade (8,414 peers)

Quality Boneless Beef Inc multi-year trail

Quality Boneless Beef Inc's plans moved -13.3% in assets from 2022 to 2024; this filing shows Quality Boneless Beef Inc Employee Stock Ownership Plan at $4M / 58 participants.

#4,384
in Retail Trade (8,414 peers)
-5.2%
assets change YoY

The plan reported a net loss of $231K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Quality Boneless Beef Inc Employee Stock Ownership Plan's mid-pack asset rank among Retail Trade and all filers

Quality Boneless Beef Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$4,231,598 41st percentile higher than 41% 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

Quality Boneless Beef Inc 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. Quality Boneless Beef Inc Employee Stock Ownership Plan is a small filing (58 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Quality Boneless Beef Inc Employee Stock Ownership Plan reported net income fell from $78K in the plan year 2022 filing to -$231K in the plan year 2023 filing.
  • Quality Boneless Beef Inc Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Quality Boneless Beef Inc Employee Stock Ownership Plan reported participants rose from 57 in the plan year 2022 filing to 58 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 450304779 · Quality Boneless Beef Inc PY 2023 · ESOP

Quality Boneless Beef Inc Employee Stock Ownership Plan · $4M · 58 · 41st

  • IND $4M
  • EOY 58
  • 5500 41st
  • ASSETS ESOP
  • PCT near Astor Wines & Spirits, Inc. Employee Stock Ownership Plan
  • EIN ind #4384

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 →

Quality Boneless Beef Inc Employee Stock Ownership Plan in the asset neighbourhood

Utah Tank & Trailer Employee Stock Ownership PlanUtah Tank & Trailer Employee…$4MQuality Boneless Beef Inc Employee Stock Ownership PlanQuality Boneless Beef Inc Em…$4MAstor Wines & Spirits, Inc. Employee Stock Ownership PlanAstor Wines & Spirits, Inc. …$4MSuperior Equipment Sales, Inc. Employee Stock Ownership PlanSuperior Equipment Sales, In…$4MPro Reps West, Inc. ESOP$4M
End-of-year total assets ($M) among Quality Boneless Beef Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Quality Boneless Beef Inc multi-year asset trail

Sponsor-wide plan assets over time

All Quality Boneless Beef Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 13.274530226488018% vs 2022
2024 filing year
$3.8M$4M$4.2M$4.4M$4.6M 202220232024 $4.46M $3.87M ▼ -13.2%
Year Plans Participants Total Assets
2022 1 57 $4M
2023 1 58 $4M
2024 1 62 $4M

Quality Boneless Beef Inc filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$231K
Employer EIN450304779
Plan Effective Date1970-02-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Quality Boneless Beef Inc Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Quality Boneless Beef Inc Employee Stock Ownership Plan, Total assets ($B): 0.004231598 · Participants: 58Quality Boneless Beef Inc Employee Stock Ownership PlanBorder 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
Quality Boneless Beef Inc Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Quality Boneless Beef Inc Employee Stock Ownership Plan side-by-side with 3 peers →

Quality Boneless Beef Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Astor Wines & Spirits, Inc. Employee Stock Ownership Plan in NY ($4M); by covered participants it is First Union Financial Corporation Employee Stock Ownership Plan in AR (58 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (58 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 Quality Boneless Beef Inc Employee Stock Ownership Plan assets move in 2023? ▼
Quality Boneless Beef Inc Employee Stock Ownership Plan pulled back noticeably - down 5.2% during 2023, from $4M to $4M. Reported net income was -$231K.
How have Quality Boneless Beef Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quality Boneless Beef Inc's sponsor-wide assets declined 13.3%, from $4M to $4M.
Which ESOP plans are similar in size to Quality Boneless Beef Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Astor Wines & Spirits, Inc. Employee Stock Ownership Plan in NY ($4M, 57 participants).
Which ESOP plans cover a similar participant headcount to Quality Boneless Beef Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is First Union Financial Corporation Employee Stock Ownership Plan in AR (58 participants, $2M 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 450304779.

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.