ESOP · DOL Form 5500 · 2024

Renkim Corporation ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
140
Participants Small participant base
57th
Percentile by assets National rank
$76,855
Avg per participant Below avg balance/head
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Official DOL plan name: Renkim Corporation Employee Stock Ownership Plan · Sponsored by Renkim Corporation · Michigan · Information & Media

$11M in assets, 140 participants

Renkim Corporation's Renkim Corporation Employee Stock Ownership Plan reported $11M in total assets and 140 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #1,246 in Information & Media (2,822 peers)

Coverage in Michigan

Renkim Corporation Employee Stock Ownership Plan covers 140 participants in Michigan, about 22% of the average Michigan filer (state average ~638 per filing). Assets: $11M.

#1,246
in Information & Media (2,822 peers)
+16.4%
assets growth YoY

Renkim Corporation Employee Stock Ownership Plan's mid-pack asset rank among Information & Media and all filers

Renkim Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$10,759,719 Top 43% higher than 57% 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

Renkim Corporation 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. Renkim Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (140 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Renkim Corporation Employee Stock Ownership Plan reported net income rose from $239K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Renkim Corporation Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Renkim Corporation Employee Stock Ownership Plan reported participants rose from 134 in the plan year 2023 filing to 140 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382421198 · Renkim Corporation PY 2024 · ESOP

Renkim Corporation Employee Stock Ownership Plan · $11M · 140 · 57th

  • ASSETS $11M
  • PCT 140
  • EIN 57th
  • RANK ESOP
  • PHOTO near Valley Premier Bank Employee Stock Ownership Plan & Trust
  • IND ind #1246

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 →

Renkim Corporation Employee Stock Ownership Plan in the asset neighbourhood

Renkim Corporation Employee Stock Ownership PlanRenkim Corporation Employee …$11MValley Premier Bank Employee Stock Ownership Plan & TrustValley Premier Bank Employee…$11MAirco Mechanical, Inc. Stock Bonus Employee Stock Ownership PlanAirco Mechanical, Inc. Stock…$11MWo Partners Holdings, Inc. Employee Stock Ownership PlanWo Partners Holdings, Inc. E…$11ME.C. Styberg Engineering Company Employee Stock Ownership PlanE.C. Styberg Engineering Com…$11M
End-of-year total assets ($M) among Renkim Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN382421198
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Renkim Corporation)

Sponsor-wide plan assets over time

All Renkim Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$18M 14.827861277212747% vs 2022
2024 filing year
$15M$16M$17M$18M$19M 202220232024 $15.7M $18M ▲ +14.8%
Year Plans Participants Total Assets
2022 2 248 $16M
2023 2 261 $16M
2024 2 272 $18M

Nearby ESOP Plans in Michigan

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

Renkim Corporation 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 ($B) Participants Renkim Corporation Employee Stock Ownership Plan, Total assets ($B): 0.010759719 · Participants: 140Renkim Corporation 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
Renkim Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Renkim Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN ($11M); by covered participants it is Esl Power Systems, Inc. Employee Stock Ownership Plan in CA (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 Renkim Corporation Employee Stock Ownership Plan assets move in 2024? ▼
Renkim Corporation Employee Stock Ownership Plan grew sharply - up 16.4% during 2024, from $9M to $11M. Reported net income was $2M.
How have Renkim Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Renkim Corporation's sponsor-wide assets grew 14.8%, from $16M to $18M.
Which ESOP plans are similar in size to Renkim Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN ($11M, 23 participants).
Which ESOP plans cover a similar participant headcount to Renkim Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Esl Power Systems, Inc. Employee Stock Ownership Plan in CA (140 participants, $17M 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 382421198.

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.