ESOP · DOL Form 5500 · 2024

Minot Enterprises, Inc. ESOP

Data updated 2026-08-25

$210K
Total assets Small plan by assets
60
Participants Small participant base
11th
Percentile by assets National rank
$3,500
Avg per participant Low balance/head
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Official DOL plan name: Minot Enterprises, Inc. Employee Stock Ownership Plan · Sponsored by Minot Enterprises, Inc. · Minnesota · Professional & Technical Services

$210K in assets, 60 participants

Minot Enterprises, Inc.'s Minot Enterprises, Inc. Employee Stock Ownership Plan reported $210K in total assets and 60 participants in its 2024 DOL Form 5500 filing, ranking in the 11th 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.

  • #1,746 in Professional & Technical Services (20,173 peers)

Minot Enterprises, Inc. multi-year trail

Minot Enterprises, Inc.'s plans moved -47.5% in assets from 2023 to 2024; this filing shows Minot Enterprises, Inc. Employee Stock Ownership Plan at $210K / 60 participants.

#1,746
in Professional & Technical Services (20,173 peers)
-47.5%
assets change YoY

The plan reported a net loss of $117K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Minot Enterprises, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Minot Enterprises, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$210,000 11th percentile higher than 11% 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

Minot Enterprises, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Minot Enterprises, Inc. Employee Stock Ownership Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Minot Enterprises, Inc. Employee Stock Ownership Plan reported net income rose from -$6M in the plan year 2023 filing to -$117K in the plan year 2024 filing.
  • Minot Enterprises, Inc. Employee Stock Ownership Plan end-of-year assets fell from $400K in the plan year 2023 filing to $210K in the plan year 2024 filing.
  • Minot Enterprises, Inc. Employee Stock Ownership Plan reported participants rose from 58 in the plan year 2023 filing to 60 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 770558908 · Minot Enterprises, Inc. PY 2024 · ESOP

Minot Enterprises, Inc. Employee Stock Ownership Plan · $210K · 60 · 11th

  • 5500 $210K
  • 5500 60
  • 5500 11th
  • 5500 ESOP
  • 5500 near Hi-Heat Industries, Inc. Employee Stock Ownership Plan
  • 5500 ind #1746

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 Minnesota →

Minot Enterprises, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Minot Enterprises, Inc. Employee Stock Ownership PlanMinot Enterprises, Inc. Empl…$210KHi-Heat Industries, Inc. Employee Stock Ownership PlanHi-Heat Industries, Inc. Emp…$210KWojo's Employee Stock Ownership PlanWojo's Employee Stock Owners…$210KJ. D. Hendley & Associates, Inc. E.S.O.P.J. D. Hendley & Associates, …$211KIvey Engineering, Inc. Employee Stock Ownership PlanIvey Engineering, Inc. Emplo…$212K
End-of-year total assets ($M) among Minot Enterprises, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minot Enterprises, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Minot Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$210K 47.5% vs 2023
2024 filing year
$0.1M$0.2M$0.3M$0.4M$0.5M 20232024 $0.4M $0.21M ▼ -47.5%
Year Plans Participants Total Assets
2023 1 58 $400K
2024 1 60 $210K

Minot Enterprises, Inc. filing trail (2024)

Total Assets (Beginning of Year)$400K
Net Assets (End of Year)-$6M
Net Income-$117K
Employer EIN770558908
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Minot Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Minot Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.21 · Participants: 60Minot Enterprises, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Minot Enterprises, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Minot Enterprises, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Hi-Heat Industries, Inc. Employee Stock Ownership Plan in MT ($210K); by covered participants it is Quality Machining, Inc. Employee Stock Ownership Plan in WI (60 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (60 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 Minot Enterprises, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Minot Enterprises, Inc. Employee Stock Ownership Plan contracted severely - down 47.5% during 2024, from $400K to $210K. Reported net income was -$117K.
How have Minot Enterprises, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Minot Enterprises, Inc.'s sponsor-wide assets declined 47.5%, from $400K to $210K.
Where does Minot Enterprises, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Minot Enterprises, Inc. Employee Stock Ownership Plan ranks in the 11th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Minot Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hi-Heat Industries, Inc. Employee Stock Ownership Plan in MT ($210K, 46 participants).
Which ESOP plans cover a similar participant headcount to Minot Enterprises, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Quality Machining, Inc. Employee Stock Ownership Plan in WI (60 participants, $7M 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 770558908.

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.