ESOP · DOL Form 5500 · 2023

Force America, Inc. ESOP

Data updated 2026-08-11

$427M
Total assets: 412
Participants: 97th
Percentile by assets: $1.0M
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$427M
total plan assets (2023 EOY): 412
covered participants: 97th
percentile by assets (of 127,072 plans): $1.0M
avg assets per participant

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 →

State

Minnesota

Industry

Wholesale Trade

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Force America Inc. Employee Stock Ownership Plan reports 412 participants - about 37% of that state average ($427M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$333M
Net Assets (End of Year)	$377M
Net Income	$93M
Employer EIN	410965174
Plan Effective Date	1997-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Force America, Inc.)

Total plan assets by year, all Force America, Inc. plans on file

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

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
Polaris Inc. Employee Stock Ownership Plan $293M · 8,758

Compare Force America Inc. Employee Stock Owners… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Force America Inc. Employee Stock Ownership Plan by total assets, not by location.

Barr Brands International Amended and Restated Employee Stock Ownership Plan (TN) $427M · 401
Chemonics International, Inc. Employee Stock Ownership Plan (DC) $426M · 2,206
Ita Group Holdings, Inc. Employees' Stock Ownership Plan (IA) $428M · 771
Vermont Information Processing, Inc. Employee Stock Ownership Plan (VT) $424M · 600

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).

Next read for Force America Inc. Employee Stock Owners…

Filing takeaways

Ways to act on Force America Inc. Employee Stock Ownership Plan's numbers.

By total assets, Force America 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
Force America, Inc.'s sponsor-wide assets have grown 48.9% since 2022 across 3 plan years on file. More Wholesale Trade plans

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.