ESOP · DOL Form 5500 · 2024

Ridgeview Industries, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
587
Participants Below avg headcount
61st
Percentile by assets National rank
$22,037
Avg per participant Low balance/head
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Official DOL plan name: Ridgeview Industries, Inc. Employee Stock Ownership Plan · Sponsored by Ridgeview Industries, Inc. · Michigan · Manufacturing

$13M in assets, 587 participants

Ridgeview Industries, Inc.'s Ridgeview Industries, Inc. Employee Stock Ownership Plan reported $13M in total assets and 587 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #8,602 in Manufacturing (17,777 peers)

Ridgeview Industries, Inc. multi-year trail

Ridgeview Industries, Inc.'s plans moved +59.0% in assets from 2022 to 2024; this filing shows Ridgeview Industries, Inc. Employee Stock Ownership Plan at $13M / 587 participants.

#8,602
in Manufacturing (17,777 peers)
+223.4%
assets growth YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ridgeview Industries, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Ridgeview Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,935,972 Top 39% higher than 61% 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

Ridgeview Industries, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ridgeview Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (587 participants).

Published 5500 schedule card

Filing strip 382736877 · Ridgeview Industries, Inc. PY 2024 · ESOP

Ridgeview Industries, Inc. Employee Stock Ownership Plan · $13M · 587 · 61st

  • VS-ST $13M
  • BOY 587
  • SCH 61st
  • EBSA ESOP
  • PART near Avery W. Hall Insurance Agency, Inc. Employee Stock Ownership Plan
  • TYPE ind #8602

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 →

Ridgeview Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ridgeview Industries, Inc. Employee Stock Ownership PlanRidgeview Industries, Inc. E…$13MAvery W. Hall Insurance Agency, Inc. Employee Stock Ownership PlanAvery W. Hall Insurance Agen…$13MTop Crop Employee Stock Ownership PlanTop Crop Employee Stock Owne…$13MJaftex Corporation Employee Stock Ownership PlanJaftex Corporation Employee …$13MRebling Plastics Employee Stock Ownership PlanRebling Plastics Employee St…$13M
End-of-year total assets ($M) among Ridgeview Industries, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Ridgeview Industries, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ridgeview Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$61M 58.9837488926302% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $38.1M $60.6M ▲ +59.0%
Year Plans Participants Total Assets
2022 1 521 $38M
2023 1 552 $43M
2024 2 1,127 $61M

Ridgeview Industries, Inc. filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)-$247K
Net Income-$4M
Employer EIN382736877
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Ridgeview Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Ridgeview Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.012935972 · Participants: 587Ridgeview Industries, 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
Ridgeview Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Ridgeview Industries, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Ridgeview Industries, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Avery W. Hall Insurance Agency, Inc. Employee Stock Ownership Plan in MD ($13M); by covered participants it is Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust in IA (585 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (587 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 Ridgeview Industries, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Ridgeview Industries, Inc. Employee Stock Ownership Plan surged - up 223.4% during 2024, from $4M to $13M. Reported net income was -$4M.
How have Ridgeview Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ridgeview Industries, Inc.'s sponsor-wide assets grew 59.0%, from $38M to $61M.
Which ESOP plans are similar in size to Ridgeview Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Avery W. Hall Insurance Agency, Inc. Employee Stock Ownership Plan in MD ($13M, 55 participants).
Which ESOP plans cover a similar participant headcount to Ridgeview Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Midwestone Financial Group, Inc. Employee Stock Ownership Plan and Trust in IA (585 participants, $13M 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 382736877.

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.