ESOP · DOL Form 5500 · 2024
Kelly-Fradet Lumber, Inc. ESOP
Data updated 2026-07-24
- $39M
- Total assets
- 73
- Participants
- 81st
- Percentile by assets
- $535,214
- Avg per participant
Official DOL plan name: Kelly-Fradet Lumber Employee Stock Ownership Plan · Sponsored by Kelly-Fradet Lumber, Inc. · Connecticut · Retail Trade
$39M in assets, 73 participants
Kelly-Fradet Lumber, Inc.'s Kelly-Fradet Lumber Employee Stock Ownership Plan reported $39M in total assets and 73 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.
- 81st percentile by assets (of 116,472 plans)
Where Kelly-Fradet Lumber Employee Stock Ownership Plan sits by assets
Kelly-Fradet Lumber Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $39M for 73 participants (~$535,214/participant), up 27.4% in 2024.
- $39M
- total plan assets (2024 EOY)
- 73
- covered participants
- 81st
- percentile by assets (of 116,472 plans)
- $535,214
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Kelly-Fradet Lumber Employee Stock Ownership Plan reported net income rose from $7M in the plan year 2023 filing to $9M in the plan year 2024 filing.
- Kelly-Fradet Lumber Employee Stock Ownership Plan end-of-year assets rose from $31M in the plan year 2023 filing to $39M in the plan year 2024 filing.
- Kelly-Fradet Lumber Employee Stock Ownership Plan reported participants rose from 71 in the plan year 2023 filing to 73 in the plan year 2024 filing.
Kelly-Fradet Lumber Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Kelly-Fradet Lumber Employee Stock Ownership Plan outranks 81% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $31M |
|---|---|
| Net Assets (End of Year) | $26M |
| Net Income | $9M |
| Employer EIN | 060721855 |
| Plan Effective Date | 2020-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Kelly-Fradet Lumber, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 68 | $24M |
| 2023 | 1 | 71 | $31M |
| 2024 | 1 | 73 | $39M |
Nearby ESOP Plans in Connecticut
Peer ESOP plans, same state, same plan type, ranked by total assets.
Kelly-Fradet Lumber Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
- Mott Corporation Employee Stock Ownership Plan $305M · 327
- Bl Companies, Inc. Employee Stock Ownership Plan $128M · 309
- Eurpac Service, Inc. Employee Stock Ownership Plan $108M · 572
- Twin Mro Employee Stock Ownership Plan $106M · 110
- Hamilton Point Investments ESOP $51M · 99
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Kelly-Fradet Lumber Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Kelly-Fradet Lumber Employee Stock Ownership Plan assets move in 2024? ▼
How have Kelly-Fradet Lumber, Inc. plan assets changed over time? ▼
Where does Kelly-Fradet Lumber Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Kelly-Fradet Lumber Employee Stock Ownership Plan? ▼
Next read for Kelly-Fradet Lumber Employee Stock Owner…
Scale reading
Ways to act on Kelly-Fradet Lumber Employee Stock Ownership Plan's numbers.
- By total assets, Kelly-Fradet Lumber Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Connecticut. Compare plans
- Kelly-Fradet Lumber, Inc.'s sponsor-wide assets have grown 59.9% since 2022 across 3 plan years on file. More Retail Trade plans
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 060721855.
Read our methodology - how this data is sourced, computed, and verified.