ESOP · DOL Form 5500 · 2024
Renkim Corporation ESOP
Data updated 2026-07-24
- $11M
- Total assets
- 140
- Participants
- 57th
- Percentile by assets
- $76,855
- Avg per participant
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.
- 57th percentile by assets (of 116,472 plans)
Coverage in Michigan
Renkim Corporation Employee Stock Ownership Plan covers 140 participants in Michigan, about 22% of the average Michigan filer (state average ~632 per filing). Assets: $11M.
- $11M
- total plan assets (2024 EOY)
- 140
- covered participants
- 57th
- percentile by assets (of 116,472 plans)
- $76,855
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 632 participants across 3,963 plans. Renkim Corporation Employee Stock Ownership Plan reports 140 participants - about 22% of that state average ($11M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | $2M |
| Employer EIN | 382421198 |
| Plan Effective Date | 2000-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Renkim Corporation)
| 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
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
- Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
- Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
- Angelo Iafrate, Inc. Employee Stock Ownership Plan $239M · 46
- National Nail Corp. Employee Stock Ownership Plan $235M · 155
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Renkim Corporation Employee Stock Ownership Plan by total assets, not by location.
- Valley Premier Bank Employee Stock Ownership Plan & Trust (MN) $11M · 23
- Wo Partners Holdings, Inc. Employee Stock Ownership Plan (FL) $11M · 4,663
- E.C. Styberg Engineering Company Employee Stock Ownership Plan (WI) $11M · 42
- Town & Country Grocers of Fredericktown, Mo, Inc Employee Stock Ownership Plan (MO) $11M · 6
Frequently Asked Questions
How did Renkim Corporation Employee Stock Ownership Plan assets move in 2024? ▼
How have Renkim Corporation plan assets changed over time? ▼
Which ESOP plans are similar in size to Renkim Corporation Employee Stock Ownership Plan? ▼
Next read for Renkim Corporation Employee Stock Owners…
Filing takeaways
Ways to act on Renkim Corporation Employee Stock Ownership Plan's numbers.
- By total assets, Renkim Corporation Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
- Renkim Corporation's sponsor-wide assets have grown 14.8% since 2022 across 3 plan years on file. More Information & Media 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 382421198.
Read our methodology - how this data is sourced, computed, and verified.