ESOP · DOL Form 5500 · 2024

Coborns Incorporated ESOP

Data updated 2026-08-25

$40M
Total assets Below avg plan size
4,069
Participants Above avg headcount
81st
Percentile by assets National rank
$9,876
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Coborns Incorporated Employee Stock Ownership Plan · Sponsored by Coborns Incorporated · Minnesota · Retail Trade

$40M in assets, 4,069 participants

Coborns Incorporated's Coborns Incorporated Employee Stock Ownership Plan reported $40M in total assets and 4,069 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #7,185 in Retail Trade (8,048 peers)

Coverage in Minnesota

Coborns Incorporated Employee Stock Ownership Plan covers 4,069 participants in Minnesota, 3.6x the typical Minnesota plan (state average ~1,126 per filing). Assets: $40M.

#7,185
in Retail Trade (8,048 peers)
-17.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Coborns Incorporated Employee Stock Ownership Plan's outsized position by total assets

Coborns Incorporated Employee Stock Ownership Plan vs every filed plan by assets

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

$40,183,629 Top 19% higher than 81% 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

Coborns Incorporated Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Coborns Incorporated Employee Stock Ownership Plan lands in the large band (4,069 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Coborns Incorporated Employee Stock Ownership Plan reported net income fell from $424K in the plan year 2023 filing to -$7M in the plan year 2024 filing.
  • Coborns Incorporated Employee Stock Ownership Plan end-of-year assets fell from $49M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Coborns Incorporated Employee Stock Ownership Plan reported participants fell from 4,093 in the plan year 2023 filing to 4,069 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410824910 · Coborns Incorporated PY 2024 · ESOP

Coborns Incorporated Employee Stock Ownership Plan · $40M · 4,069 · 81st

  • IND $40M
  • EOY 4,069
  • 5500 81st
  • ASSETS ESOP
  • PCT near Mangan, Inc. Employee Stock Ownership Plan
  • EIN ind #7185

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 Minnesota →

Coborns Incorporated Employee Stock Ownership Plan in the asset neighbourhood

Galorath Inc Employee Stock Ownership PlanGalorath Inc Employee Stock …$40MCoborns Incorporated Employee Stock Ownership PlanCoborns Incorporated Employe…$40MMangan, Inc. Employee Stock Ownership PlanMangan, Inc. Employee Stock …$40MJifco, Inc. Employee Stock Ownership PlanJifco, Inc. Employee Stock O…$40MFred Weber, Inc. Employee Stock Ownership PlanFred Weber, Inc. Employee St…$40M
End-of-year total assets ($M) among Coborns Incorporated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$37M
Net Income-$7M
Employer EIN410824910
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coborns Incorporated)

Sponsor-wide plan assets over time

All Coborns Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$202M 16.357953549773956% vs 2022
2024 filing year
$170M$180M$190M$200M$210M 202220232024 $174M $202M ▲ +16.4%
Year Plans Participants Total Assets
2022 2 9,509 $174M
2023 2 10,828 $191M
2024 2 11,286 $202M

Nearby ESOP Plans in Minnesota

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

Coborns Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Coborns Incorporated Employee Stock Ownership Plan, Total assets ($M): 40.183629 · Participants: 4069Coborns Incorporated Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Coborns Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Coborns Incorporated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Mangan, Inc. Employee Stock Ownership Plan in CA ($40M); by covered participants it is Gensler Employee Stock Ownership Plan in CA (4,147 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (4,069 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 Coborns Incorporated Employee Stock Ownership Plan assets move in 2024? ▼
Coborns Incorporated Employee Stock Ownership Plan declined sharply - down 17.2% during 2024, from $49M to $40M. Reported net income was -$7M.
How have Coborns Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Coborns Incorporated's sponsor-wide assets grew 16.4%, from $174M to $202M.
Where does Coborns Incorporated Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Coborns Incorporated Employee Stock Ownership Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Coborns Incorporated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mangan, Inc. Employee Stock Ownership Plan in CA ($40M, 377 participants).
Which ESOP plans cover a similar participant headcount to Coborns Incorporated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gensler Employee Stock Ownership Plan in CA (4,147 participants, $454M in assets).