ESOP · DOL Form 5500 · 2024

Bandit Holding Company, Inc. ESOP

Data updated 2026-08-25

$182M
Total assets Near avg plan size
700
Participants Below avg headcount
94th
Percentile by assets National rank
$259,493
Avg per participant Above avg balance/head
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Official DOL plan name: Bandit Holding Company, Inc. Employee Stock Ownership Plan · Sponsored by Bandit Holding Company, Inc. · Michigan · Manufacturing

$182M in assets, 700 participants

Bandit Holding Company, Inc.'s Bandit Holding Company, Inc. Employee Stock Ownership Plan reported $182M in total assets and 700 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,128 in Manufacturing (17,777 peers)

Where Bandit Holding Company, Inc. Employee Stock Ownership Plan sits by assets

Bandit Holding Company, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $182M for 700 participants (~$259,493/participant), down 5.1% in 2024.

#16,128
in Manufacturing (17,777 peers)
-5.1%
assets change YoY
1.8×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bandit Holding Company, Inc. Employee Stock Ownership Plan's outsized position by total assets

Bandit Holding Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$181,645,200 Top 6% higher than 94% 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

Bandit Holding Company, Inc. 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. Bandit Holding Company, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (700 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bandit Holding Company, Inc. Employee Stock Ownership Plan reported net income fell from $13M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
  • Bandit Holding Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $191M in the plan year 2023 filing to $182M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 831424284 · Bandit Holding Company, Inc. PY 2024 · ESOP

Bandit Holding Company, Inc. Employee Stock Ownership Plan · $182M · 700 · 94th

  • PART $182M
  • PART 700
  • PART 94th
  • PART ESOP
  • PART near Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries
  • PART ind #16128

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 →

Bandit Holding Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

David Clark Employee Stock Ownership PlanDavid Clark Employee Stock O…$183MEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and SubsidiariesEmployee Stock Ownership Pla…$182MBandit Holding Company, Inc. Employee Stock Ownership PlanBandit Holding Company, Inc.…$182MMdr Construction, Inc. Employee Stock Ownership PlanMdr Construction, Inc. Emplo…$181MChemonics International, Inc. Employee Stock Ownership PlanChemonics International, Inc…$181M
End-of-year total assets ($M) among Bandit Holding Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$191M
Net Assets (End of Year)$132M
Net Income-$10M
Employer EIN831424284
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bandit Holding Company, Inc.)

Sponsor-wide plan assets over time

All Bandit Holding Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$182M 0.1378809869375907% vs 2022
2024 filing year
$180M$185M$190M$195M 202220232024 $182M $182M ▼ -0.1%
Year Plans Participants Total Assets
2022 1 591 $182M
2023 1 707 $191M
2024 1 700 $182M

Nearby ESOP Plans in Michigan

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

Bandit Holding Company, Inc. 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 ($B) Participants Bandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.1816452 · Participants: 700Bandit Holding Company, 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
Bandit Holding Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Bandit Holding Company, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries in AL ($182M); by covered participants it is Remco, Inc. Employee Stock Ownership Plan in PA (701 participants). Same-state nearby plans are listed separately above.

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 Bandit Holding Company, Inc. Employee Stock Ownership Plan assets move in 2024?
Bandit Holding Company, Inc. Employee Stock Ownership Plan pulled back noticeably - down 5.1% during 2024, from $191M to $182M. Reported net income was -$10M.
How have Bandit Holding Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bandit Holding Company, Inc.'s sponsor-wide assets declined 0.1%, from $182M to $182M.
Where does Bandit Holding Company, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Bandit Holding Company, Inc. Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Bandit Holding Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries in AL ($182M, 958 participants).
Which ESOP plans cover a similar participant headcount to Bandit Holding Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Remco, Inc. Employee Stock Ownership Plan in PA (701 participants, $26M in assets).