ESOP · DOL Form 5500 · 2023
Polaris Inc. ESOP
Data updated 2026-08-11
- $293M
- Total assets
- 8,758
- Participants
- 96th
- Percentile by assets
- $33,469
- Avg per participant
Official DOL plan name: Polaris Inc. Employee Stock Ownership Plan · Sponsored by Polaris Inc. · Minnesota · Manufacturing
$293M in assets, 8,758 participants
Polaris Inc.'s Polaris Inc. Employee Stock Ownership Plan reported $293M in total assets and 8,758 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #17,548 in Manufacturing (18,722 peers)
Coverage in Minnesota
Polaris Inc. Employee Stock Ownership Plan covers 8,758 participants in Minnesota, 7.8x the typical Minnesota plan (state average ~1,126 per filing). Assets: $293M.
- $293M
- total plan assets (2023 EOY)
- 8,758
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $33,469
- avg assets per participant
The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Polaris Inc. Employee Stock Ownership Plan reported net income rose from -$27M in the plan year 2022 filing to -$14M in the plan year 2023 filing.
- Polaris Inc. Employee Stock Ownership Plan reported participants rose from 7,981 in the plan year 2022 filing to 8,758 in the plan year 2023 filing.
- Polaris Inc. Employee Stock Ownership Plan end-of-year assets fell from $313M in the plan year 2022 filing to $293M in the plan year 2023 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Polaris Inc. Employee Stock Ownership Plan reports 8,758 participants - 7.8x that state average ($293M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $313M |
|---|---|
| Net Assets (End of Year) | $293M |
| Net Income | -$14M |
| Employer EIN | 411790959 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Polaris Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,981 | $313M |
| 2023 | 1 | 8,758 | $293M |
| 2024 | 1 | 9,360 | $183M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Polaris Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
- Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $498M · 789
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
- Force America Inc. Employee Stock Ownership Plan $427M · 412
Scale composition for Polaris Inc. Employee Stock Ownership Plan
Polaris Inc. Employee Stock Ownership Plan reports $293M in end-of-year assets across 8,758 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $33,469 per participant (24% of the national average assets-per-participant) . Net income for plan year 2023 was -$14M.
This plan identity (EIN 411790959, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $313M to $183M (-41.5%) while covered participants moved from 7,981 to 9,360 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,981 | $313M | Open filing |
| 2023 | 8,758 | $293M | This page |
| 2024 · index core | 9,360 | $183M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Polaris Inc. Employee Stock Ownership Plan (ESOP, $183M, 9,360 participants)
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Polaris Inc. Employee Stock Ownership Plan by total assets, not by location.
- Harcros Chemicals, Inc. Employee Stock Ownership Plan (KS) $296M · 549
- D & H Employee Stock Ownership Plan (PA) $289M · 1,461
- Griffon Corporation Employee Stock Ownership Plan (NY) $299M · 3,674
- Conair LLC Savings and Investment Plan (NJ) $301M · 1,050
Frequently Asked Questions
How did Polaris Inc. Employee Stock Ownership Plan assets move in 2023? ▼
How have Polaris Inc. plan assets changed over time? ▼
Where does Polaris Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Polaris Inc. Employee Stock Ownership Plan? ▼
Next read for Polaris Inc. Employee Stock Ownership Pl…
Filing takeaways
Ways to act on Polaris Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Polaris Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
- Polaris Inc.'s sponsor-wide assets have declined 41.5% since 2022 across 3 plan years on file. More Manufacturing plans