ESOP · DOL Form 5500 · 2024

Koops, Inc. ESOP

Data updated 2026-08-25

$43M
Total assets Below avg plan size
277
Participants Below avg headcount
82nd
Percentile by assets National rank
$154,546
Avg per participant Above avg balance/head
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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.

  • #16,711 in Professional & Technical Services (20,173 peers)

Coverage in Michigan

Koops, Inc. Employee Stock Ownership Plan covers 277 participants in Michigan, about 43% of the average Michigan filer (state average ~638 per filing). Assets: $43M.

#16,711
in Professional & Technical Services (20,173 peers)
-5.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

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's outsized position by total assets

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

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

$42,809,210 Top 18% higher than 82% 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

Koops, 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. Koops, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (277 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

Form 5500 schedule snapshot

Filing strip 383266325 · Koops, Inc. PY 2024 · ESOP

Koops, Inc. Employee Stock Ownership Plan · $43M · 277 · 82nd

  • NET $43M
  • NET 277
  • NET 82nd
  • NET ESOP
  • NET near Hanson Group, Inc. Employee Stock Ownership Trust
  • NET ind #16711

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 →

Koops, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Elite Associates Holding, Inc. Employee Stock Ownership Plan and TrustElite Associates Holding, In…$43MHanson Group, Inc. Employee Stock Ownership TrustHanson Group, Inc. Employee …$43MKoops, Inc. Employee Stock Ownership PlanKoops, Inc. Employee Stock O…$43MThouvenot, Wade, Moerchen, Inc. Employee Stock Ownership PlanThouvenot, Wade, Moerchen, I…$43MPayne County Bank Employee Stock Ownership PlanPayne County Bank Employee S…$43M
End-of-year total assets ($M) among Koops, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$41M
Net Income-$2M
Employer EIN383266325
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Koops, Inc.)

Sponsor-wide plan assets over time

All Koops, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$65M 40.279892015588345% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $46.1M $64.7M ▲ +40.3%
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 Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Koops, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.04280921 · Participants: 277Koops, 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
Koops, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Koops, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Hanson Group, Inc. Employee Stock Ownership Trust in IL ($43M); by covered participants it is Red Dot Corporation Employee Stock Ownership Plan and Trust in WA (277 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (277 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 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 123,622 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).
Which ESOP plans cover a similar participant headcount to Koops, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Red Dot Corporation Employee Stock Ownership Plan and Trust in WA (277 participants, $39M 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 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.