ESOP · DOL Form 5500 · 2024

Vern Eide Motorcars ESOP

Data updated 2026-08-25

$25M
Total assets Small plan by assets
202
Participants Below avg headcount
74th
Percentile by assets National rank
$122,109
Avg per participant Near avg balance/head
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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.

  • #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.

#6,752
in Retail Trade (8,048 peers)
+27.4%
assets growth YoY

Vern Eide Motorcars Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Vern Eide Motorcars 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. Vern Eide Motorcars Employee Stock Ownership Plan sits mid-pack in the medium band (202 participants).

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 →

Form 5500 schedule snapshot

Filing strip 460281291 · Vern Eide Motorcars PY 2024 · ESOP

Vern Eide Motorcars Employee Stock Ownership Plan · $25M · 202 · 74th

  • EIN $25M
  • RANK 202
  • PHOTO 74th
  • IND ESOP
  • EOY near Forum Architecture & Interior Design, Inc. Employee Stock Ownership Plan
  • 5500 ind #6752

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 South Dakota →

Vern Eide Motorcars Employee Stock Ownership Plan in the asset neighbourhood

Engineered Seal Products, Inc. Employee Stock Ownership PlanEngineered Seal Products, In…$25MKirkwood Holding Inc. Employees' Stock Ownership Trust and PlanKirkwood Holding Inc. Employ…$25MVern Eide Motorcars Employee Stock Ownership PlanVern Eide Motorcars Employee…$25MForum Architecture & Interior Design, Inc. Employee Stock Ownership PlanForum Architecture & Interio…$25MZiebart International Corporation Employee Stock Ownership PlanZiebart International Corpor…$25M
End-of-year total assets ($M) among Vern Eide Motorcars Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Vern Eide Motorcars multi-year asset trail

Sponsor-wide plan assets over time

All Vern Eide Motorcars plans reported in each filing year

Latest sponsor-wide plan assets
$56M 44.25328976107604% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $39.1M $56.3M ▲ +44.3%
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 ($M) Participants Vern Eide Motorcars Employee Stock Ownership Plan, Total assets ($M): 24.666091 · Participants: 202Vern Eide Motorcars Employee Stock Ownership PlanShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 103.967023 · Participants: 529Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 56.010399 · Participants: 715Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 46.027058 · Participants: 87Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 45.003648 · Participants: 497Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 41.777263 · Participants: 108The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust
Vern Eide Motorcars Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants
Compare Vern Eide Motorcars Employee Stock Ownership Plan side-by-side with 3 peers →

Vern Eide Motorcars Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside South Dakota, the nearest ESOP by assets is Forum Architecture & Interior Design, Inc. Employee Stock Ownership Plan in FL ($25M); by covered participants it is Bank Forward Employee Stock Ownership Plan in ND (202 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (202 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 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).
Which ESOP plans cover a similar participant headcount to Vern Eide Motorcars Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bank Forward Employee Stock Ownership Plan in ND (202 participants, $47M 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 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.