ESOP · DOL Form 5500 · 2023
The Kendall Group Employee Stock Ownership Plan ESOP
Data updated 2026-08-11
- $808M
- Total assets
- 1,907
- Participants
- 98th
- Percentile by assets
- $423,750
- Avg per participant
Official DOL plan name: The Kendall Group Employee Stock Ownership Plan · Sponsored by The Kendall Group Employee Stock Ownership Plan · Michigan · Wholesale Trade
$808M in assets, 1,907 participants
The Kendall Group Employee Stock Ownership Plan's The Kendall Group Employee Stock Ownership Plan reported $808M in total assets and 1,907 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 127,072 plans)
- #6,244 in Wholesale Trade (6,309 peers)
Coverage in Michigan
The Kendall Group Employee Stock Ownership Plan covers 1,907 participants in Michigan, 3.0x the typical Michigan plan (state average ~638 per filing). Assets: $808M.
- $808M
- total plan assets (2023 EOY)
- 1,907
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $423,750
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Kendall Group Employee Stock Ownership Plan reported net income rose from $319K in the plan year 2022 filing to $83M in the plan year 2023 filing.
- The Kendall Group Employee Stock Ownership Plan end-of-year assets rose from $726M in the plan year 2022 filing to $808M in the plan year 2023 filing.
- The Kendall Group Employee Stock Ownership Plan reported participants rose from 1,817 in the plan year 2022 filing to 1,907 in the plan year 2023 filing.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. The Kendall Group Employee Stock Ownership Plan reports 1,907 participants - 3.0x that state average ($808M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $726M |
|---|---|
| Net Assets (End of Year) | $808M |
| Net Income | $83M |
| Employer EIN | 382023622 |
| Plan Effective Date | 1989-09-30 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Kendall Group Employee Stock Ownership Plan)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,116 | $915M |
| 2023 | 2 | 3,448 | $1.0B |
| 2024 | 2 | 3,596 | $1.1B |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
The Kendall Group Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
- National Nail Corp. Employee Stock Ownership Plan $230M · 172
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to The Kendall Group Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did The Kendall Group Employee Stock Ownership Plan assets move in 2023? ▼
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Where does The Kendall Group Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on The Kendall Group Employee Stock Ownership Plan's numbers.
- By total assets, The Kendall Group 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 Michigan. Compare plans
- The Kendall Group Employee Stock Ownership Plan's sponsor-wide assets have grown 23.5% since 2022 across 3 plan years on file. More Wholesale Trade plans