ESOP · DOL Form 5500 · 2023

Hafendorfer Machine Inc ESOP

Data updated 2026-08-25

$50K
Total assets Small plan by assets
40
Participants Small participant base
4th
Percentile by assets National rank
$1,260
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hafendorfer Machine, Inc. Employee Stock Ownership Plan · Sponsored by Hafendorfer Machine Inc · Kentucky · Manufacturing

$50K in assets, 40 participants

Hafendorfer Machine Inc's Hafendorfer Machine, Inc. Employee Stock Ownership Plan reported $50K in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 4th 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.

  • #287 in Manufacturing (18,722 peers)

Hafendorfer Machine Inc multi-year trail

Hafendorfer Machine Inc's plans moved -99.4% in assets from 2022 to 2024; this filing shows Hafendorfer Machine, Inc. Employee Stock Ownership Plan at $50K / 40 participants.

#287
in Manufacturing (18,722 peers)
-96.0%
assets change YoY

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hafendorfer Machine, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Hafendorfer Machine, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$50,400 4th percentile higher than 4% 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

Hafendorfer Machine, 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. Hafendorfer Machine, Inc. Employee Stock Ownership Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hafendorfer Machine, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2022 filing to -$6M in the plan year 2023 filing.
  • Hafendorfer Machine, Inc. Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2022 filing to $50K in the plan year 2023 filing.
  • Hafendorfer Machine, Inc. Employee Stock Ownership Plan reported participants fell from 50 in the plan year 2022 filing to 40 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 611270777 · Hafendorfer Machine Inc PY 2023 · ESOP

Hafendorfer Machine, Inc. Employee Stock Ownership Plan · $50K · 40 · 4th

  • NET $50K
  • NET 40
  • NET 4th
  • NET ESOP
  • NET near Tidewater Hardware Group, Inc. Employee Stock Ownership Plan
  • NET ind #287

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 Kentucky →

Hafendorfer Machine, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Hafendorfer Machine, Inc. Employee Stock Ownership PlanHafendorfer Machine, Inc. Em…$50KTidewater Hardware Group, Inc. Employee Stock Ownership PlanTidewater Hardware Group, In…$50KMartell Services Group, Inc. Employee Stock Ownership PlanMartell Services Group, Inc.…$50KC & E Services, Inc. Employee Stock Ownership PlanC & E Services, Inc. Employe…$52KCamarda Employee Benefit Plan$48K
End-of-year total assets ($M) among Hafendorfer Machine, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Hafendorfer Machine Inc multi-year asset trail

Sponsor-wide plan assets over time

All Hafendorfer Machine Inc plans reported in each filing year

Latest sponsor-wide plan assets
$7K 99.42227564102564% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M 202220232024 $1.25M $0.01M ▼ -99.2%
Year Plans Participants Total Assets
2022 1 50 $1M
2023 1 40 $50K
2024 1 37 $7K

Hafendorfer Machine Inc filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)-$4M
Net Income-$6M
Employer EIN611270777
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Kentucky

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

Hafendorfer Machine, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -10123 Total assets ($B) Participants Hafendorfer Machine, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0000504 · Participants: 40Hafendorfer Machine, Inc. Employee Stock Ownership PlanHouchens Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.325722921 · Participants: 6764Houchens Industries, Inc. Employee Stock Ownership PlanStock Yards Bank & Trust Company 401(k) Employee, Total assets ($B): 0.14680249 · Participants: 1080Stock Yards Bank & Trust Company 401(k) EmployeeGray, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.126524729 · Participants: 1362Gray, Inc. Employee Stock Ownership PlanH & R Agri-Power Employee Stock Ownership Plan, Total assets ($B): 0.104682343 · Participants: 489H & R Agri-Power Employee Stock Ownership PlanKentuckiana Comfort Center, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.094072192 · Participants: 650Kentuckiana Comfort Center, Inc. Employee Stock Ownership Plan
Hafendorfer Machine, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants
Compare Hafendorfer Machine, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Hafendorfer Machine, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Kentucky, the nearest ESOP by assets is Tidewater Hardware Group, Inc. Employee Stock Ownership Plan in VA ($50K); by covered participants it is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 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 Hafendorfer Machine, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Hafendorfer Machine, Inc. Employee Stock Ownership Plan contracted severely - down 96.0% during 2023, from $1M to $50K. Reported net income was -$6M.
How have Hafendorfer Machine Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hafendorfer Machine Inc's sponsor-wide assets declined 99.4%, from $1M to $7K.
Where does Hafendorfer Machine, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Hafendorfer Machine, Inc. Employee Stock Ownership Plan ranks in the 4th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Hafendorfer Machine, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Tidewater Hardware Group, Inc. Employee Stock Ownership Plan in VA ($50K, 4 participants).
Which ESOP plans cover a similar participant headcount to Hafendorfer Machine, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY (40 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 611270777.

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.