ESOP · DOL Form 5500 · 2024

Owen Tree Service, Inc. ESOP

Data updated 2026-08-25

$940K
Total assets Small plan by assets
59
Participants Small participant base
23rd
Percentile by assets National rank
$15,932
Avg per participant Low balance/head
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Official DOL plan name: Owen Tree Service, Inc. Employee Stock Ownership Plan · Sponsored by Owen Tree Service, Inc. · Michigan · Other Services

$940K in assets, 59 participants

Owen Tree Service, Inc.'s Owen Tree Service, Inc. Employee Stock Ownership Plan reported $940K in total assets and 59 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #3,557 in Other Services (7,719 peers)

Other Services sector rank

Within Other Services, Owen Tree Service, Inc. Employee Stock Ownership Plan ranks #3,557 of 7,719 2024 filers by assets (2135% of the sector average)-$940K for 59 participants.

#3,557
in Other Services (7,719 peers)
-33.8%
assets change YoY

The plan reported a net loss of $477K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Owen Tree Service, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Owen Tree Service, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$940,000 23rd percentile higher than 23% 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

Owen Tree Service, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Owen Tree Service, Inc. Employee Stock Ownership Plan is a small filing (59 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Owen Tree Service, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$477K in the plan year 2024 filing.
  • Owen Tree Service, Inc. Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2023 filing to $940K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 800334941 · Owen Tree Service, Inc. PY 2024 · ESOP

Owen Tree Service, Inc. Employee Stock Ownership Plan · $940K · 59 · 23rd

  • NET $940K
  • BOOK 59
  • VS-ST 23rd
  • BOY ESOP
  • SCH near Saversystems Employee Stock Ownership Plan
  • EBSA ind #3557

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 →

Owen Tree Service, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Margaret O'leary Employee Stock Ownership PlanMargaret O'leary Employee St…$945KOwen Tree Service, Inc. Employee Stock Ownership PlanOwen Tree Service, Inc. Empl…$940KSaversystems Employee Stock Ownership PlanSaversystems Employee Stock …$941KEnhanced Telecommunication, Inc. Employee Stock Ownership PlanEnhanced Telecommunication, …$941KHamilton-Ryker Group, Inc. Employee Stock Ownership PlanHamilton-Ryker Group, Inc. E…$943K
End-of-year total assets ($M) among Owen Tree Service, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Other Services filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$852K
Net Income-$477K
Employer EIN800334941
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Owen Tree Service, Inc.)

Sponsor-wide plan assets over time

All Owen Tree Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$940K 123.80952380952381% vs 2022
2024 filing year
$0M$0.5M$1M$1.5M$2M 202220232024 $0.42M $0.94M ▲ +123.8%
Year Plans Participants Total Assets
2022 1 59 $420K
2023 1 59 $1M
2024 1 59 $940K

Nearby ESOP Plans in Michigan

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

Owen Tree Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Owen Tree Service, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00094 · Participants: 59Owen Tree Service, 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
Owen Tree Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Owen Tree Service, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Saversystems Employee Stock Ownership Plan in IN ($941K); by covered participants it is R-S-H Engineering, Inc. Employee Stock Ownership Plan in LA (59 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (59 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 Owen Tree Service, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Owen Tree Service, Inc. Employee Stock Ownership Plan contracted severely - down 33.8% during 2024, from $1M to $940K. Reported net income was -$477K.
How have Owen Tree Service, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Owen Tree Service, Inc.'s sponsor-wide assets grew 123.8%, from $420K to $940K.
Where does Owen Tree Service, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Owen Tree Service, Inc. Employee Stock Ownership Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Owen Tree Service, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Saversystems Employee Stock Ownership Plan in IN ($941K, 32 participants).
Which ESOP plans cover a similar participant headcount to Owen Tree Service, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is R-S-H Engineering, Inc. Employee Stock Ownership Plan in LA (59 participants, $12M 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 800334941.

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.