ESOP · DOL Form 5500 · 2024
Sac Ventures, Inc. ESOP
Data updated 2026-08-25
- $23M
- Total assets Small plan by assets
- 431
- Participants Below avg headcount
- 73rd
- Percentile by assets National rank
- $53,729
- Avg per participant Low balance/head
Official DOL plan name: Flat Rock Metal and Bar Processing Employee Stock Ownership Plan · Sponsored by Sac Ventures, Inc. · Michigan · Manufacturing
$23M in assets, 431 participants
Sac Ventures, Inc.'s Flat Rock Metal and Bar Processing Employee Stock Ownership Plan reported $23M in total assets and 431 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.
- #11,217 in Manufacturing (17,777 peers)
Sac Ventures, Inc. multi-year trail
Sac Ventures, Inc.'s plans moved -33.5% in assets from 2022 to 2024; this filing shows Flat Rock Metal and Bar Processing Employee Stock Ownership Plan at $23M / 431 participants.
- #11,217
- in Manufacturing (17,777 peers)
- -51.2%
- assets change YoY
The plan reported a net loss of $23M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan's outsized position by total assets
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$23,157,410 Top 27% higher than 73% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Flat Rock Metal and Bar Processing 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. Flat Rock Metal and Bar Processing Employee Stock Ownership Plan sits mid-pack in the medium band (431 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Flat Rock Metal and Bar Processing Employee Stock Ownership Plan reported net income fell from $14M in the plan year 2023 filing to -$23M in the plan year 2024 filing.
- Flat Rock Metal and Bar Processing Employee Stock Ownership Plan end-of-year assets fell from $47M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- Flat Rock Metal and Bar Processing Employee Stock Ownership Plan reported participants fell from 443 in the plan year 2023 filing to 431 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 383433082 · Sac Ventures, Inc. PY 2024 · ESOP
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan · $23M · 431 · 73rd
- PHOTO $23M
- PHOTO 431
- PHOTO 73rd
- PHOTO ESOP
- PHOTO near Mid-Continental Restoration Company, Inc. Employees Stock Ownership Plan and Trust
- PHOTO ind #11217
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 →
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan in the asset neighbourhood
Sac Ventures, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Sac Ventures, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $23M 33.46774390490914% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 454 | $35M |
| 2023 | 1 | 443 | $47M |
| 2024 | 1 | 431 | $23M |
Sac Ventures, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $47M |
|---|---|
| Net Assets (End of Year) | -$30M |
| Net Income | -$23M |
| Employer EIN | 383433082 |
| Plan Effective Date | 2020-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
- The Kendall Group Employee Stock Ownership Plan $900M · 1,936
- Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
- Motor City Electric Co. Employee Stock Ownership Plan $410M · 218
- Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
Flat Rock Metal and Bar Processing Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Mid-Continental Restoration Company, Inc. Employees Stock Ownership Plan and Trust in KS ($23M); by covered participants it is Gutchess Lumber Employee Stock Ownership Plan in NY (431 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($23M here).
Similar participant headcount
Nearest other-state filings by covered participants (431 participants); asset peers above are excluded.
- Gutchess Lumber Employee Stock Ownership Plan (NY) 431 · 0 off
- Cfc ESOP (VT) 431 · 0 off
- Novaspect Holdings, Inc. Employee Stock Ownership Plan (IL) 431 · 0 off
- Vantage Bank Texas Employee Stock Ownership Plan (TX) 431 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.