ESOP · DOL Form 5500 · 2024

Kentwood Office Furniture, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
81
Participants Small participant base
44th
Percentile by assets National rank
$67,754
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Kentwood Office Furniture Employee Stock Ownership Trust · Sponsored by Kentwood Office Furniture, Inc. · Michigan · Manufacturing

$5M in assets, 81 participants

Kentwood Office Furniture, Inc.'s Kentwood Office Furniture Employee Stock Ownership Trust reported $5M in total assets and 81 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #4,775 in Manufacturing (17,777 peers)

Kentwood Office Furniture, Inc. multi-year trail

Kentwood Office Furniture, Inc.'s plans moved +35.7% in assets from 2022 to 2024; this filing shows Kentwood Office Furniture Employee Stock Ownership Trust at $5M / 81 participants.

#4,775
in Manufacturing (17,777 peers)
+17.1%
assets growth YoY

Kentwood Office Furniture Employee Stock Ownership Trust's mid-pack asset rank among Manufacturing and all filers

Kentwood Office Furniture Employee Stock Ownership Trust vs every filed plan by assets

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

$5,488,103 44th percentile higher than 44% 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

Kentwood Office Furniture Employee Stock Ownership Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kentwood Office Furniture Employee Stock Ownership Trust is a small filing (81 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kentwood Office Furniture Employee Stock Ownership Trust end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Kentwood Office Furniture Employee Stock Ownership Trust reported net income rose from $1M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Kentwood Office Furniture Employee Stock Ownership Trust reported participants rose from 76 in the plan year 2023 filing to 81 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 383598290 · Kentwood Office Furniture, Inc. PY 2024 · ESOP

Kentwood Office Furniture Employee Stock Ownership Trust · $5M · 81 · 44th

  • EIN $5M
  • EIN 81
  • EIN 44th
  • EIN ESOP
  • EIN near Illinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust II
  • EIN ind #4775

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 →

Kentwood Office Furniture Employee Stock Ownership Trust in the asset neighbourhood

A & W Construction Services, Inc. ESOP and TrustA & W Construction Services,…$5MSes Employee Stock Ownership PlanSes Employee Stock Ownership…$5MIndustrial Ceramic Products Employee Stock Ownership PlanIndustrial Ceramic Products …$5MKentwood Office Furniture Employee Stock Ownership TrustKentwood Office Furniture Em…$5MIllinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust IIIllinois Oil Marketing Equip…$5M
End-of-year total assets ($M) among Kentwood Office Furniture Employee Stock Ownership Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Kentwood Office Furniture, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Kentwood Office Furniture, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 35.65985117246671% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M$6M 202220232024 $4.05M $5.49M ▲ +35.6%
Year Plans Participants Total Assets
2022 1 78 $4M
2023 1 76 $5M
2024 1 81 $5M

Kentwood Office Furniture, Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$1M
Employer EIN383598290
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Kentwood Office Furniture Employee Stock Ownership Trust vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Kentwood Office Furniture Employee Stock Ownership Trust, Total assets ($B): 0.005488103 · Participants: 81Kentwood Office Furniture Employee Stock Ownership TrustMcnaughton-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
Kentwood Office Furniture Employee Stock Ownership Trust vs. nearby ESOP plans in Michigan, assets vs. participants

Kentwood Office Furniture Employee Stock Ownership Trust's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Illinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust II in IL ($5M); by covered participants it is Lovewell Fencing, Inc. Employee Stock Ownership Plan in IA (81 participants). Same-state nearby plans are listed separately above.

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 Kentwood Office Furniture Employee Stock Ownership Trust assets move in 2024?
Kentwood Office Furniture Employee Stock Ownership Trust grew sharply - up 17.1% during 2024, from $5M to $5M. Reported net income was $1M.
How have Kentwood Office Furniture, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kentwood Office Furniture, Inc.'s sponsor-wide assets grew 35.7%, from $4M to $5M.
Which ESOP plans are similar in size to Kentwood Office Furniture Employee Stock Ownership Trust?
Among ESOP plans in other states, the closest by assets is Illinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust II in IL ($5M, 64 participants).
Which ESOP plans cover a similar participant headcount to Kentwood Office Furniture Employee Stock Ownership Trust?
Among ESOP plans in other states, the closest by covered participants is Lovewell Fencing, Inc. Employee Stock Ownership Plan in IA (81 participants, $8M in assets).