ESOP · DOL Form 5500 · 2023

Diversified Plastics, Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
82
Participants Small participant base
58th
Percentile by assets National rank
$119,861
Avg per participant Near avg balance/head
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Official DOL plan name: Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Diversified Plastics, Inc. · Minnesota · Manufacturing

$10M in assets, 82 participants

Diversified Plastics, Inc.'s Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust reported $10M in total assets and 82 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,306 in Manufacturing (18,722 peers)

Diversified Plastics, Inc. multi-year trail

Diversified Plastics, Inc.'s plans moved -39.7% in assets from 2022 to 2024; this filing shows Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust at $10M / 82 participants.

#8,306
in Manufacturing (18,722 peers)
-32.5%
assets change YoY

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$9,828,594 Top 42% higher than 58% 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

Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust is a small filing (82 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $119K in the plan year 2022 filing to -$5M in the plan year 2023 filing.
  • Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $15M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 94 in the plan year 2022 filing to 82 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411322348 · Diversified Plastics, Inc. PY 2023 · ESOP

Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust · $10M · 82 · 58th

  • SCH $10M
  • EBSA 82
  • PART 58th
  • TYPE ESOP
  • NET near Flippo Construction Company, Inc. Employee Stock Ownership Plan
  • BOOK ind #8306

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 →

Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Employee-Owned Companies, Inc. Employees' Stock Ownership PlanEmployee-Owned Companies, In…$10MDiversified Plastics, Inc. Employee Stock Ownership Plan and TrustDiversified Plastics, Inc. E…$10MFlippo Construction Company, Inc. Employee Stock Ownership PlanFlippo Construction Company,…$10MCrouse and Associates Insurance Brokers, Inc. ESOPCrouse and Associates Insura…$10MCrowley Holdings, Inc. Employee Stock Ownership PlanCrowley Holdings, Inc. Emplo…$10M
End-of-year total assets ($M) among Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Diversified Plastics, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Diversified Plastics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 39.7096413851758% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $14.6M $8.78M ▼ -39.7%
Year Plans Participants Total Assets
2022 1 94 $15M
2023 1 82 $10M
2024 1 72 $9M

Diversified Plastics, Inc. filing trail (2023)

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$10M
Net Income-$5M
Employer EIN411322348
Plan Effective Date2010-11-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 9.828594 · Participants: 82Diversified Plastics, Inc. Employee Stock Ownership Plan and TrustAndersen 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 TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Flippo Construction Company, Inc. Employee Stock Ownership Plan in MD ($10M); by covered participants it is Lovewell Fencing, Inc. Employee Stock Ownership Plan in IA (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 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 Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust contracted severely - down 32.5% during 2023, from $15M to $10M. Reported net income was -$5M.
How have Diversified Plastics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Diversified Plastics, Inc.'s sponsor-wide assets declined 39.7%, from $15M to $9M.
Which ESOP plans are similar in size to Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Flippo Construction Company, Inc. Employee Stock Ownership Plan in MD ($10M, 130 participants).
Which ESOP plans cover a similar participant headcount to Diversified Plastics, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Lovewell Fencing, Inc. Employee Stock Ownership Plan in IA (82 participants, $6M 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 411322348.

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.