ESOP · DOL Form 5500 · 2024
Bandit Holding Company, Inc. ESOP
Data updated 2026-07-24
- $182M
- Total assets
- 700
- Participants
- 94th
- Percentile by assets
- $259,493
- Avg per participant
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.
- 94th percentile by assets (of 116,472 plans)
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.
- $182M
- total plan assets (2024 EOY)
- 700
- covered participants
- 94th
- percentile by assets (of 116,472 plans)
- $259,493
- avg assets per participant
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.
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.
Bandit Holding Company, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Bandit Holding Company, Inc. Employee Stock Ownership Plan outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.8x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $191M |
|---|---|
| Net Assets (End of Year) | $132M |
| Net Income | -$10M |
| Employer EIN | 831424284 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bandit Holding Company, Inc.)
| 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
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
- Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
- Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
- Angelo Iafrate, Inc. Employee Stock Ownership Plan $239M · 46
- National Nail Corp. Employee Stock Ownership Plan $235M · 155
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Bandit Holding Company, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries (AL) $182M · 958
- Mdr Construction, Inc. Employee Stock Ownership Plan (MS) $181M · 652
- Chemonics International, Inc. Employee Stock Ownership Plan (DC) $181M · 2,321
- David Clark Employee Stock Ownership Plan (MA) $183M · 236
Frequently Asked Questions
How did Bandit Holding Company, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Bandit Holding Company, Inc. plan assets changed over time? ▼
Where does Bandit Holding Company, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Bandit Holding Company, Inc. Employee Stock Ownership Plan? ▼
Next read for Bandit Holding Company, Inc. Employee St…
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Ways to act on Bandit Holding Company, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Bandit Holding Company, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
- Bandit Holding Company, Inc.'s sponsor-wide assets have declined 0.1% since 2022 across 3 plan years on file. More Manufacturing 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 831424284.
Read our methodology - how this data is sourced, computed, and verified.