ESOP · DOL Form 5500 · 2023

Force America, Inc. ESOP

Data updated 2026-08-25

$427M
Total assets Above avg plan size
412
Participants Below avg headcount
97th
Percentile by assets National rank
$1.0M
Avg per participant High balance/head
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Official DOL plan name: Force America Inc. Employee Stock Ownership Plan · Sponsored by Force America, Inc. · Minnesota · Wholesale Trade

$427M in assets, 412 participants

Force America, Inc.'s Force America Inc. Employee Stock Ownership Plan reported $427M in total assets and 412 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #6,189 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Force America Inc. Employee Stock Ownership Plan covers 412 participants in Minnesota, about 37% of the average Minnesota filer (state average ~1,126 per filing). Assets: $427M.

#6,189
in Wholesale Trade (6,309 peers)
+28.2%
assets growth YoY
4.3×
vs typical plan assets (national mean)

Force America Inc. Employee Stock Ownership Plan's outsized position by total assets

Force America Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$426,610,266 Top 3% higher than 97% 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

Force America Inc. Employee Stock Ownership Plan 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. Force America Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (412 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Force America Inc. Employee Stock Ownership Plan end-of-year assets rose from $333M in the plan year 2022 filing to $427M in the plan year 2023 filing.
  • Force America Inc. Employee Stock Ownership Plan reported net income rose from $75M in the plan year 2022 filing to $93M in the plan year 2023 filing.
  • Force America Inc. Employee Stock Ownership Plan reported participants rose from 359 in the plan year 2022 filing to 412 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410965174 · Force America, Inc. PY 2023 · ESOP

Force America Inc. Employee Stock Ownership Plan · $427M · 412 · 97th

  • BOY $427M
  • SCH 412
  • EBSA 97th
  • PART ESOP
  • TYPE near Barr Brands International Amended and Restated Employee Stock Ownership Plan
  • NET ind #6189

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 Minnesota →

Force America Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ita Group Holdings, Inc. Employees' Stock Ownership PlanIta Group Holdings, Inc. Emp…$428MBarr Brands International Amended and Restated Employee Stock Ownership PlanBarr Brands International Am…$427MForce America Inc. Employee Stock Ownership PlanForce America Inc. Employee …$427MChemonics International, Inc. Employee Stock Ownership PlanChemonics International, Inc…$426MVermont Information Processing, Inc. Employee Stock Ownership PlanVermont Information Processi…$424M
End-of-year total assets ($M) among Force America Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$333M
Net Assets (End of Year)$377M
Net Income$93M
Employer EIN410965174
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Force America, Inc.)

Sponsor-wide plan assets over time

All Force America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$539M 48.90977636695961% vs 2022
2024 filing year
$300M$400M$500M$600M 202220232024 $362M $539M ▲ +48.9%
Year Plans Participants Total Assets
2022 2 756 $362M
2023 2 830 $465M
2024 2 1,242 $539M

Nearby ESOP Plans in Minnesota

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

Force America Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 2004006008001000 Total assets ($M) Participants Force America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 293.122497 · Participants: 8758Polaris Inc. Employee Stock Ownership Plan
Force America Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Force America Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Force America Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Barr Brands International Amended and Restated Employee Stock Ownership Plan in TN ($427M); by covered participants it is Vantage Bank Texas Employee Stock Ownership Plan in TX (412 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (412 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 Force America Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Force America Inc. Employee Stock Ownership Plan grew sharply - up 28.2% during 2023, from $333M to $427M. Reported net income was $93M.
How have Force America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Force America, Inc.'s sponsor-wide assets grew 48.9%, from $362M to $539M.
Where does Force America Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Force America Inc. Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Force America Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Barr Brands International Amended and Restated Employee Stock Ownership Plan in TN ($427M, 401 participants).
Which ESOP plans cover a similar participant headcount to Force America Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Vantage Bank Texas Employee Stock Ownership Plan in TX (412 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 410965174.

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.