ESOP · DOL Form 5500 · 2024

National Nail Corp. ESOP

Data updated 2026-08-25

$235M
Total assets Near avg plan size
155
Participants Small participant base
95th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
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Official DOL plan name: National Nail Corp. Employee Stock Ownership Plan · Sponsored by National Nail Corp. · Michigan · Wholesale Trade

$235M in assets, 155 participants

National Nail Corp.'s National Nail Corp. Employee Stock Ownership Plan reported $235M in total assets and 155 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #5,851 in Wholesale Trade (6,080 peers)

Coverage in Michigan

National Nail Corp. Employee Stock Ownership Plan covers 155 participants in Michigan, about 24% of the average Michigan filer (state average ~638 per filing). Assets: $235M.

#5,851
in Wholesale Trade (6,080 peers)
+2.2%
assets growth YoY
2.4×
vs typical plan assets (national mean)

National Nail Corp. Employee Stock Ownership Plan's outsized position by total assets

National Nail Corp. Employee Stock Ownership Plan vs every filed plan by assets

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

$234,625,041 Top 5% higher than 95% 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

National Nail Corp. 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. National Nail Corp. Employee Stock Ownership Plan sits mid-pack in the medium band (155 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • National Nail Corp. Employee Stock Ownership Plan reported net income fell from $56M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • National Nail Corp. Employee Stock Ownership Plan reported participants fell from 172 in the plan year 2023 filing to 155 in the plan year 2024 filing.
  • National Nail Corp. Employee Stock Ownership Plan end-of-year assets rose from $230M in the plan year 2023 filing to $235M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 381903475 · National Nail Corp. PY 2024 · ESOP

National Nail Corp. Employee Stock Ownership Plan · $235M · 155 · 95th

  • 5500 $235M
  • ASSETS 155
  • PCT 95th
  • EIN ESOP
  • RANK near Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
  • PHOTO ind #5851

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 →

National Nail Corp. Employee Stock Ownership Plan in the asset neighbourhood

National Nail Corp. Employee Stock Ownership PlanNational Nail Corp. Employee…$235MMarshall & Sterling Enterprises, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterpri…$234MPace Supply Corporation Employee Stock Ownership PlanPace Supply Corporation Empl…$234MLmh ESOP Holdco, Inc. Employee Stock Ownership PlanLmh ESOP Holdco, Inc. Employ…$232MDixie Plywood and Lumber Company Employee Stock Ownership PlanDixie Plywood and Lumber Com…$231M
End-of-year total assets ($M) among National Nail Corp. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$230M
Net Assets (End of Year)$228M
Net Income$5M
Employer EIN381903475
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Nail Corp.)

Sponsor-wide plan assets over time

All National Nail Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$247M 36.40154990555348% vs 2022
2024 filing year
$160M$180M$200M$220M$240M$260M 202220232024 $181M $247M ▲ +36.4%
Year Plans Participants Total Assets
2022 2 311 $181M
2023 2 325 $239M
2024 2 309 $247M

Nearby ESOP Plans in Michigan

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

National Nail Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 00.511.52 Total assets ($B) Participants National Nail Corp. Employee Stock Ownership Plan, Total assets ($B): 0.234625041 · Participants: 155National Nail Corp. 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
National Nail Corp. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare National Nail Corp. Employee Stock Ownership Plan side-by-side with 3 peers →

National Nail Corp. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan in NY ($234M); by covered participants it is Mid-State Consultants, Inc. Employee Stock Ownership Plan in UT (155 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (155 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 National Nail Corp. Employee Stock Ownership Plan assets move in 2024? ▼
National Nail Corp. Employee Stock Ownership Plan edged up modestly - up 2.2% during 2024, from $230M to $235M. Reported net income was $5M.
How have National Nail Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Nail Corp.'s sponsor-wide assets grew 36.4%, from $181M to $247M.
Where does National Nail Corp. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
National Nail Corp. Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to National Nail Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan in NY ($234M, 518 participants).
Which ESOP plans cover a similar participant headcount to National Nail Corp. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mid-State Consultants, Inc. Employee Stock Ownership Plan in UT (155 participants, N/A 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 381903475.

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.