ESOP · DOL Form 5500 · 2024

Andersen Corporation ESOP

Data updated 2026-08-06

$963M
Total assets: 12,104
Participants: 98th
Percentile by assets: $79,535
Avg per participant

Official DOL plan name: Andersen Corporation Employee Stock Ownership Plan · Sponsored by Andersen Corporation · Minnesota · Manufacturing

$963M in assets, 12,104 participants

Andersen Corporation's Andersen Corporation Employee Stock Ownership Plan reported $963M in total assets and 12,104 participants in its 2024 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 116,472 plans)

Coverage in Minnesota

Andersen Corporation Employee Stock Ownership Plan covers 12,104 participants in Minnesota, 10x the typical Minnesota plan (state average ~1,161 per filing). Assets: $963M.

$963M
total plan assets (2024 EOY): 12,104
covered participants: 98th
percentile by assets (of 116,472 plans): $79,535
avg assets per participant

Andersen Corporation Employee Stock Ownership Plan reported net income fell from $249M in the plan year 2023 filing to $63M in the plan year 2024 filing.
Andersen Corporation Employee Stock Ownership Plan end-of-year assets rose from $899M in the plan year 2023 filing to $963M in the plan year 2024 filing.
Andersen Corporation Employee Stock Ownership Plan reported participants rose from 11,644 in the plan year 2023 filing to 12,104 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Minnesota

Industry

Manufacturing

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,161 participants across 2,725 plans. Andersen Corporation Employee Stock Ownership Plan reports 12,104 participants - 10x that state average ($963M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$899M
Net Assets (End of Year)	$950M
Net Income	$63M
Employer EIN	410123208
Plan Effective Date	1975-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Andersen Corporation)

Total plan assets by year, all Andersen Corporation plans on file

Year	Plans	Participants	Total Assets
2022	4	22,011	$2.6B
2023	4	25,560	$3.1B
2024	4	26,820	$3.2B

Nearby ESOP Plans in Minnesota

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

Andersen Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $594M · 490
Kingdom Enterprises, Inc. Employee Stock Ownership Plan $594M · 782
Ablenet, Inc. Employee Stock Ownership Plan $460M · 134
Hormel Foods Corporation Joint Earnings Profit Sharing Trust $424M · 4,375
Dakota Supply Group, Inc. Employee Stock Ownership Plan $198M · 1,016

Compare Andersen Corporation Employee Stock Owne… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Andersen Corporation Employee Stock Ownership Plan by total assets, not by location.

Scheels Employee Stock Ownership Plan (ND) $963M · 5,157
Highland Homes Employee Stock Ownership Plan (TX) $983M · 891
Stewart's Shops Corp Employee Stock Ownership Plan (NY) $897M · 3,483
Employee Owned Brands, Inc. Employee Stock Ownership Plan (IA) $877M · 819

Frequently Asked Questions

How did Andersen Corporation Employee Stock Ownership Plan assets move in 2024? ▼

Andersen Corporation Employee Stock Ownership Plan grew at a solid clip - up 7.1% during 2024, from $899M to $963M. Reported net income was $63M.

How have Andersen Corporation plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Andersen Corporation's sponsor-wide assets grew 25.9%, from $2.6B to $3.2B.

Where does Andersen Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Andersen Corporation Employee Stock Ownership Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which ESOP plans are similar in size to Andersen Corporation Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Scheels Employee Stock Ownership Plan in ND ($963M, 5,157 participants).

Next read for Andersen Corporation Employee Stock Owne…

Filing takeaways

Ways to act on Andersen Corporation Employee Stock Ownership Plan's numbers.

By total assets, Andersen Corporation 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
Andersen Corporation's sponsor-wide assets have grown 25.9% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 410123208.

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.