ESOP · DOL Form 5500 · 2023

Kurt Manufacturing Company, Inc. ESOP

Data updated 2026-08-25

$38M
Total assets Below avg plan size
428
Participants Below avg headcount
83rd
Percentile by assets National rank
$89,893
Avg per participant Below avg balance/head
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Official DOL plan name: Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Kurt Manufacturing Company, Inc. · Minnesota · Manufacturing

$38M in assets, 428 participants

Kurt Manufacturing Company, Inc.'s Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust reported $38M in total assets and 428 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #14,089 in Manufacturing (18,722 peers)

Coverage in Minnesota

Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust covers 428 participants in Minnesota, about 38% of the average Minnesota filer (state average ~1,126 per filing). Assets: $38M.

#14,089
in Manufacturing (18,722 peers)
-14.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$38,474,412 Top 17% higher than 83% 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

Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust 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. Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (428 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust reported net income fell from -$5M in the plan year 2022 filing to -$6M in the plan year 2023 filing.
  • Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $45M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 461 in the plan year 2022 filing to 428 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 411243894 · Kurt Manufacturing Company, Inc. PY 2023 · ESOP

Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust · $38M · 428 · 83rd

  • VS-ST $38M
  • BOY 428
  • SCH 83rd
  • EBSA ESOP
  • PART near Insul-Therm Employee Stock Ownership Plan
  • TYPE ind #14089

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 →

Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Stepherson, Incorporated Employee Stock Ownership PlanStepherson, Incorporated Emp…$39MOftedal Construction, Inc. Employee Stock Ownership PlanOftedal Construction, Inc. E…$39MNeighbors & Associates, Inc. Employee Stock Ownership PlanNeighbors & Associates, Inc.…$38MKurt Manufacturing Company, Inc. Employee Stock Ownership Plan and TrustKurt Manufacturing Company, …$38MInsul-Therm Employee Stock Ownership PlanInsul-Therm Employee Stock O…$38M
End-of-year total assets ($M) among Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$9M
Net Income-$6M
Employer EIN411243894
Plan Effective Date1995-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kurt Manufacturing Company, Inc.)

Sponsor-wide plan assets over time

All Kurt Manufacturing Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$82M 1.7040844220669822% vs 2022
2023 filing year
$81M$81.5M$82M$82.5M$83M$83.5M 20222023 $83M $81.6M ▼ -1.7%
Year Plans Participants Total Assets
2022 2 914 $83M
2023 2 847 $82M

Nearby ESOP Plans in Minnesota

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

Kurt Manufacturing Company, 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 ($M) Participants Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 38.474412 · Participants: 428Kurt Manufacturing Company, 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
Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Kurt Manufacturing Company, 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 Insul-Therm Employee Stock Ownership Plan in CA ($38M); by covered participants it is Cfc ESOP in VT (427 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (428 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 Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust pulled back noticeably - down 14.8% during 2023, from $45M to $38M. Reported net income was -$6M.
How have Kurt Manufacturing Company, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Kurt Manufacturing Company, Inc.'s sponsor-wide assets declined 1.7%, from $83M to $82M.
Where does Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Insul-Therm Employee Stock Ownership Plan in CA ($38M, 42 participants).
Which ESOP plans cover a similar participant headcount to Kurt Manufacturing Company, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Cfc ESOP in VT (427 participants, $88M 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 411243894.

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.