Other
2023 plan-year Other DOL Form 5500

KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

KURT MANUFACTURING COMPANY, INC.

This Other plan holds $38M in total assets and serves 428 participants as of 2023. It is sponsored by KURT MANUFACTURING COMPANY, INC. in Minnesota. The plan reported a net loss of $6M for the year.

Total Assets (2023)
$38M
Participants
428
State
Industry
Manufacturing

What the Filing Says About KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is a Other retirement plan sponsored by KURT MANUFACTURING COMPANY, INC., headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $38M in total end-of-year assets and covers 428 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 411243894, and the plan has been effective since 1995-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $45M at the beginning of 2023 to $38M at year-end — a decline of 14.8%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-5,980,843 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$45M
Total Assets (End of Year)$38M
Net Assets (End of Year)$9M
Net Income$-5,980,843
Plan TypeOther
Employer EIN411243894
Plan Effective Date1995-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (KURT MANUFACTURING COMPANY, INC.)

Year Plans Participants Total Assets
2022 2 914 $83M
2023 2 847 $82M

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

Frequently Asked Questions

How much money is in the KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST?
As of the 2023 Form 5500 filing, KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST holds $38M in total assets with 428 participants. It is sponsored by KURT MANUFACTURING COMPANY, INC..
What type of plan is KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST?
KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is a Other plan. It has been effective since 1995-11-01. The plan is filed with the U.S. Department of Labor under EIN 411243894.
Who sponsors the KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST?
KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST is sponsored by KURT MANUFACTURING COMPANY, INC., located in Minnesota. The sponsor's EIN is 411243894 and the plan operates in the Manufacturing industry.
How did KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST perform in 2023?
KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST declined by 14.8% during 2023, moving from $45M to $38M in total assets. Net income was $-5,980,843.
Where can I find official filings for KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST?
Official Form 5500 filings for KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411243894 or plan name at efast.dol.gov.
How does KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST compare to other plans?
You can compare KURT MANUFACTURING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST against other Other plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.