ESOP · DOL Form 5500 · 2024

Vern Eide Motorcars ESOP

Data updated 2026-08-11

$25M
Total assets
202
Participants
74th
Percentile by assets
$122,109
Avg per participant
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Official DOL plan name: Vern Eide Motorcars Employee Stock Ownership Plan · Sponsored by Vern Eide Motorcars · South Dakota · Retail Trade

$25M in assets, 202 participants

Vern Eide Motorcars's Vern Eide Motorcars Employee Stock Ownership Plan reported $25M in total assets and 202 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 123,622 plans)
  • #6,752 in Retail Trade (8,048 peers)

Vern Eide Motorcars multi-year trail

Vern Eide Motorcars's plans moved +44.3% in assets from 2022 to 2024; this filing shows Vern Eide Motorcars Employee Stock Ownership Plan at $25M / 202 participants.

$25M
total plan assets (2024 EOY)
202
covered participants
74th
percentile by assets (of 123,622 plans)
$122,109
avg assets per participant

Where Vern Eide Motorcars Employee Stock Ownership Plan sits by total assets

Vern Eide Motorcars Employee Stock Ownership Plan vs every filed plan by assets

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

$24,666,091 Top 26% higher than 74% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Vern Eide Motorcars Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Vern Eide Motorcars Employee Stock Ownership Plan reported participants rose from 173 in the plan year 2023 filing to 202 in the plan year 2024 filing.
  • Vern Eide Motorcars Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
South Dakota
Industry
Retail Trade

Vern Eide Motorcars across 3 plan years on file

Across the 3 plan years Vern Eide Motorcars has on file (2022-2024), sponsor-wide plan assets have moved from $39M to $56M, a gain of 44.3%, while reported participants moved from 539 to 512 (-5.0%). Peak year by sponsor assets: 2024 ($56M); trough: 2022 ($39M).

Vern Eide Motorcars multi-year asset trail

$30M$40M$50M$60M 202220232024 $39.1M $56.3M ▲ +44.3%
Total plan assets by year, all Vern Eide Motorcars plans on file
Year Plans Participants Total Assets
2022 2 539 $39M
2023 2 475 $48M
2024 2 512 $56M

Vern Eide Motorcars filing trail (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$8M
Net Income$6M
Employer EIN460281291
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in South Dakota

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

Vern Eide Motorcars Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 0200400600800 20406080100120 Total assets ($M) Participants Vern Eide Motorcars …, Total assets ($M): 24.666091 · Participants: 202Vern Eide Motorcars …Showplace Wood Produ…, Total assets ($M): 103.967023 · Participants: 529Showplace Wood Produ…Fishback Financial C…, Total assets ($M): 56.010399 · Participants: 715Fishback Financial C…Bierschbach Equipmen…, Total assets ($M): 46.027058 · Participants: 87Bierschbach Equipmen…Re/Spec Inc. Employe…, Total assets ($M): 45.003648 · Participants: 497Re/Spec Inc. Employe…The Ramkota Companie…, Total assets ($M): 41.777263 · Participants: 108The Ramkota Companie…
Vern Eide Motorcars Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants
Compare Vern Eide Motorcars Employee Stock Owner… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Vern Eide Motorcars Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Vern Eide Motorcars Employee Stock Ownership Plan assets move in 2024? ▼
Vern Eide Motorcars Employee Stock Ownership Plan grew sharply - up 27.4% during 2024, from $19M to $25M. Reported net income was $6M.
How have Vern Eide Motorcars plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Vern Eide Motorcars's sponsor-wide assets grew 44.3%, from $39M to $56M.
Which ESOP plans are similar in size to Vern Eide Motorcars Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Forum Architecture & Interior Design, Inc. Employee Stock Ownership Plan in FL ($25M, 70 participants).

Next read for Vern Eide Motorcars Employee Stock Owner…

Multi-year trail

Ways to act on Vern Eide Motorcars Employee Stock Ownership Plan's numbers.

  • By total assets, Vern Eide Motorcars Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in South Dakota. Compare plans
  • Vern Eide Motorcars's sponsor-wide assets have grown 44.3% since 2022 across 3 plan years on file. More Retail Trade 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 460281291.

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.