ESOP · DOL Form 5500 · 2024

Dornerworks Holdings, Inc. ESOP

Data updated 2026-08-25

$80K
Total assets Small plan by assets
91
Participants Small participant base
5th
Percentile by assets National rank
$879
Avg per participant Low balance/head
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Official DOL plan name: Dornerworks Employee Stock Ownership Plan · Sponsored by Dornerworks Holdings, Inc. · Michigan · Professional & Technical Services

$80K in assets, 91 participants

Dornerworks Holdings, Inc.'s Dornerworks Employee Stock Ownership Plan reported $80K in total assets and 91 participants in its 2024 DOL Form 5500 filing, ranking in the 5th 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.

  • #924 in Professional & Technical Services (20,173 peers)

2024 asset change

Dornerworks Employee Stock Ownership Plan contracted severely 67.3% in 2024 ($245K → $80K) for 91 participants.

#924
in Professional & Technical Services (20,173 peers)
-67.3%
assets change YoY

The plan reported a net loss of $8K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Dornerworks Employee Stock Ownership Plan among the smaller filed plans by assets

Dornerworks Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$80,000 5th percentile higher than 5% of 123,620 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 2024

Dornerworks Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Dornerworks Employee Stock Ownership Plan is a small filing (91 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Dornerworks Employee Stock Ownership Plan reported net income rose from -$35M in the plan year 2023 filing to -$8K in the plan year 2024 filing.
  • Dornerworks Employee Stock Ownership Plan end-of-year assets fell from $245K in the plan year 2023 filing to $80K in the plan year 2024 filing.
  • Dornerworks Employee Stock Ownership Plan reported participants rose from 89 in the plan year 2023 filing to 91 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 383534524 · Dornerworks Holdings, Inc. PY 2024 · ESOP

Dornerworks Employee Stock Ownership Plan · $80K · 91 · 5th

  • TYPE $80K
  • TYPE 91
  • TYPE 5th
  • TYPE ESOP
  • TYPE near George Mcelroy & Assocates, Inc. ESOP
  • TYPE ind #924

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 Michigan →

Dornerworks Employee Stock Ownership Plan in the asset neighbourhood

Dornerworks Employee Stock Ownership PlanDornerworks Employee Stock O…$80KGeorge Mcelroy & Assocates, Inc. ESOPGeorge Mcelroy & Assocates, …$80KSecure Investing Partners LLC ESOP PlanSecure Investing Partners LL…$81KK-Ter Imagineering, Inc. Employee Stock Ownership PlanK-Ter Imagineering, Inc. Emp…$81KBnim Employee Stock Ownership PlanBnim Employee Stock Ownershi…$78K
End-of-year total assets ($M) among Dornerworks Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Dornerworks Holdings, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Dornerworks Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 4.128678235292677% vs 2022
2024 filing year
$9M$10M$11M$12M 202220232024 $9.39M $9.78M ▲ +4.2%
Year Plans Participants Total Assets
2022 1 102 $9M
2023 2 193 $11M
2024 2 187 $10M

2024 asset-move particulars

Total Assets (Beginning of Year)$245K
Net Assets (End of Year)-$33M
Net Income-$8K
Employer EIN383534524
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Dornerworks Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Dornerworks Employee Stock Ownership Plan, Total assets ($B): 0.00008 · Participants: 91Dornerworks Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Dornerworks Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Dornerworks Employee Stock Ownership Plan side-by-side with 3 peers →

Dornerworks Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is George Mcelroy & Assocates, Inc. ESOP in TX ($80K); by covered participants it is Employee Stock Ownership Plan of Palmer & Sicard, Inc. in NH (91 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (91 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Dornerworks Employee Stock Ownership Plan assets move in 2024? ▼
Dornerworks Employee Stock Ownership Plan contracted severely - down 67.3% during 2024, from $245K to $80K. Reported net income was -$8K.
How have Dornerworks Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Dornerworks Holdings, Inc.'s sponsor-wide assets grew 4.1%, from $9M to $10M.
Where does Dornerworks Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Dornerworks Employee Stock Ownership Plan ranks in the 5th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Dornerworks Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is George Mcelroy & Assocates, Inc. ESOP in TX ($80K, 15 participants).
Which ESOP plans cover a similar participant headcount to Dornerworks Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Employee Stock Ownership Plan of Palmer & Sicard, Inc. in NH (91 participants, $4M in assets).

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 383534524.

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.