ESOP · DOL Form 5500 · 2024
Larson Engineering, Inc. ESOP
Data updated 2026-07-24
- $34M
- Total assets
- 185
- Participants
- 79th
- Percentile by assets
- $182,921
- Avg per participant
Official DOL plan name: Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust · Sponsored by Larson Engineering, Inc. · Minnesota · Professional & Technical Services
$34M in assets, 185 participants
Larson Engineering, Inc.'s Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust reported $34M in total assets and 185 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.
- 79th percentile by assets (of 116,472 plans)
What the 2024 filing shows
Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust holds $34M for 185 participants - about $182,921 per participant, in the top quartile of all filed plans by assets, down 5.2% over the 2024 plan year.
- $34M
- total plan assets (2024 EOY)
- 185
- covered participants
- 79th
- percentile by assets (of 116,472 plans)
- $182,921
- avg assets per participant
The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
ESOP · DOL Form 5500 · 2024
What the Filing Says About Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust
Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust is an ESOP retirement plan sponsored by Larson Engineering, Inc., headquartered in Minnesota. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $34M in total end-of-year assets and covers 185 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 411396375, and the plan has been effective since 2017-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets pulled back noticeably from $36M at the beginning of 2024 to $34M at year-end - down 5.2%. Net assets (after liabilities) closed the year at $24M, with reported net income of -$1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Across the 3 plan years Larson Engineering, Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $64M to $70M, a gain of 10.0%, while reported participants moved from 409 to 367 (-10.3%). The strongest year on file by total sponsor assets was 2024 at $70M; the softest was 2022 at $64M. Year-by-year, sponsor-wide filings show: 2022 - $64M in assets across 2 plans covering 409 participants; 2023 - $68M in assets across 2 plans covering 390 participants; 2024 - $70M in assets across 2 plans covering 367 participants.
By assets, Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust outranks 79% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M and 730 average participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2024)
| Total Assets (Beginning of Year) | $36M |
|---|---|
| Total Assets (End of Year) | $34M |
| Net Assets (End of Year) | $24M |
| Net Income | -$1M |
| Plan Type | ESOP |
| Employer EIN | 411396375 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Larson Engineering, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 409 | $64M |
| 2023 | 2 | 390 | $68M |
| 2024 | 2 | 367 | $70M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
- Andersen Corporation Employee Stock Ownership Plan $963M · 12,104
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $594M · 490
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $594M · 782
- Ablenet, Inc. Employee Stock Ownership Plan $460M · 134
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $424M · 4,375
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust by total assets, not by location.
Frequently Asked Questions
How much money is in the Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust? ▼
What type of plan is Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust? ▼
Who sponsors the Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust? ▼
How did Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust perform in 2024? ▼
What this filing means
Ways to act on Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Larson Engineering, Inc. First Restated Employee Stock Ownership Plan and Trust 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 Minnesota. Compare plans
- Larson Engineering, Inc.'s sponsor-wide assets have grown 10.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans
- An ESOP plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 411396375.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-24.