ESOP · DOL Form 5500 · 2024

Koops, Inc. ESOP

Data updated 2026-07-24

$43M
Total assets: 277
Participants: 82nd
Percentile by assets: $154,546
Avg per participant

Official DOL plan name: Koops, Inc. Employee Stock Ownership Plan · Sponsored by Koops, Inc. · Michigan · Professional & Technical Services

$43M in assets, 277 participants

Koops, Inc.'s Koops, Inc. Employee Stock Ownership Plan reported $43M in total assets and 277 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

82nd percentile by assets (of 116,472 plans)

Coverage in Michigan

Koops, Inc. Employee Stock Ownership Plan covers 277 participants in Michigan, about 44% of the average Michigan filer (state average ~632 per filing). Assets: $43M.

$43M
total plan assets (2024 EOY): 277
covered participants: 82nd
percentile by assets (of 116,472 plans): $154,546
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Koops, Inc. Employee Stock Ownership Plan reported net income fell from $11M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
Koops, Inc. Employee Stock Ownership Plan reported participants rose from 220 in the plan year 2023 filing to 277 in the plan year 2024 filing.
Koops, Inc. Employee Stock Ownership Plan end-of-year assets fell from $45M in the plan year 2023 filing to $43M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Professional & Technical Services

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Koops, Inc. Employee Stock Ownership Plan reports 277 participants - about 44% of that state average ($43M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$45M
Net Assets (End of Year)	$41M
Net Income	-$2M
Employer EIN	383266325
Plan Effective Date	2012-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Koops, Inc.)

Total plan assets by year, all Koops, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	435	$46M
2023	2	505	$62M
2024	2	589	$65M

Nearby ESOP Plans in Michigan

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

Koops, Inc. 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

Compare Koops, Inc. Employee Stock Ownership Pla… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Koops, Inc. Employee Stock Ownership Plan by total assets, not by location.

Hanson Group, Inc. Employee Stock Ownership Trust (IL) $43M · 479
Elite Associates Holding, Inc. Employee Stock Ownership Plan and Trust (CA) $43M · 107
Thouvenot, Wade, Moerchen, Inc. Employee Stock Ownership Plan (IL) $43M · 124
Payne County Bank Employee Stock Ownership Plan (OK) $43M · 27

Frequently Asked Questions

How did Koops, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Koops, Inc. Employee Stock Ownership Plan pulled back noticeably - down 5.6% during 2024, from $45M to $43M. Reported net income was -$2M.

How have Koops, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Koops, Inc.'s sponsor-wide assets grew 40.3%, from $46M to $65M.

Where does Koops, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Koops, Inc. Employee Stock Ownership Plan ranks in the 82nd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Koops, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Hanson Group, Inc. Employee Stock Ownership Trust in IL ($43M, 479 participants).

Next read for Koops, Inc. Employee Stock Ownership Pla…

Filing takeaways

Ways to act on Koops, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Koops, Inc. 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 Michigan. Compare plans
Koops, Inc.'s sponsor-wide assets have grown 40.3% since 2022 across 3 plan years on file. More Professional & Technical Services 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 383266325.

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.