ESOP · DOL Form 5500 · 2024

Ideal Fabricators, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
68
Participants Small participant base
59th
Percentile by assets National rank
$172,060
Avg per participant Above avg balance/head
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Official DOL plan name: Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Ideal Fabricators, Inc. · Michigan · Manufacturing

$12M in assets, 68 participants

Ideal Fabricators, Inc.'s Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan reported $12M in total assets and 68 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #8,134 in Manufacturing (17,777 peers)

Ideal Fabricators, Inc. multi-year trail

Ideal Fabricators, Inc.'s plans moved +44.1% in assets from 2022 to 2024; this filing shows Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan at $12M / 68 participants.

#8,134
in Manufacturing (17,777 peers)
+60.5%
assets growth YoY

Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$11,700,087 Top 41% higher than 59% 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

Ideal Fabricators Holdings, Inc. 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. Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan is a small filing (68 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan reported participants fell from 70 in the plan year 2023 filing to 68 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 382514537 · Ideal Fabricators, Inc. PY 2024 · ESOP

Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan · $12M · 68 · 59th

  • PART $12M
  • TYPE 68
  • NET 59th
  • BOOK ESOP
  • VS-ST near Wick Buildings Employee Stock Ownership Plan
  • BOY ind #8134

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 →

Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Wick Buildings Employee Stock Ownership PlanWick Buildings Employee Stoc…$12MRegal Machine, Inc. Employee Stock Ownership PlanRegal Machine, Inc. Employee…$12MIdeal Fabricators Holdings, Inc. Employee Stock Ownership PlanIdeal Fabricators Holdings, …$12MFairway Landscape & Irrigation, Inc. Employee Stock Ownership PlanFairway Landscape & Irrigati…$12MStockwell Elastomerics Perpetuity Employee Stock Ownership PlanStockwell Elastomerics Perpe…$12M
End-of-year total assets ($M) among Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Ideal Fabricators, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ideal Fabricators, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 44.089209030015894% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $8.12M $11.7M ▲ +44.1%
Year Plans Participants Total Assets
2022 2 132 $8M
2023 1 70 $7M
2024 1 68 $12M

Ideal Fabricators, Inc. filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)-$8M
Net Income$5M
Employer EIN382514537
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Ideal Fabricators Holdings, Inc. 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 ($B) Participants Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.011700087 · Participants: 68Ideal Fabricators Holdings, Inc. 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
Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Wick Buildings Employee Stock Ownership Plan in WI ($12M); by covered participants it is First Commercial Financial Corp. Employee Stock Ownership Plan in TX (68 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (68 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 Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan surged - up 60.5% during 2024, from $7M to $12M. Reported net income was $5M.
How have Ideal Fabricators, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ideal Fabricators, Inc.'s sponsor-wide assets grew 44.1%, from $8M to $12M.
Which ESOP plans are similar in size to Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wick Buildings Employee Stock Ownership Plan in WI ($12M, 116 participants).
Which ESOP plans cover a similar participant headcount to Ideal Fabricators Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is First Commercial Financial Corp. Employee Stock Ownership Plan in TX (68 participants, $11M 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 382514537.

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.