Other · DOL Form 5500 · 2024

Xtreme Employee Stock Ownership Plan

Data updated 2026-05-15

$23K
Total assets
37
Participants
2th
Percentile by assets
$609
Avg per participant

Sponsored by Xtreme Engineered Floor Systems, Inc. · Michigan · Construction

What the 2024 filing shows

Xtreme Employee Stock Ownership Plan holds $23K for 37 participants - about $609 per participant, among the smaller plans by assets on file, down 95.0% over the 2024 plan year.

$23K
total plan assets (2024 EOY)
37
covered participants
2th
percentile by assets (of 116,472 plans)
$609
avg assets per participant

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Construction

Other · DOL Form 5500 · 2024

What the Filing Says About Xtreme Employee Stock Ownership Plan

Xtreme Employee Stock Ownership Plan is an Other retirement plan sponsored by Xtreme Engineered Floor Systems, Inc., headquartered in Michigan. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $23K in total end-of-year assets and covers 37 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 273670922, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $450K at the beginning of 2024 to $23K at year-end - down 95.0%. Net assets (after liabilities) closed the year at -$13M, with reported net income of -$13M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Xtreme Employee Stock Ownership Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$450K
Total Assets (End of Year)$23K
Net Assets (End of Year)-$13M
Net Income-$13M
Plan TypeOther
Employer EIN273670922
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Michigan

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

Frequently Asked Questions

How much money is in the Xtreme Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Xtreme Employee Stock Ownership Plan holds $23K in total assets with 37 participants. It is sponsored by Xtreme Engineered Floor Systems, Inc..
What type of plan is Xtreme Employee Stock Ownership Plan?
Xtreme Employee Stock Ownership Plan is an Other plan. It has been effective since 2023-01-01. The plan is filed with the U.S. Department of Labor under EIN 273670922.
Who sponsors the Xtreme Employee Stock Ownership Plan?
Xtreme Employee Stock Ownership Plan is sponsored by Xtreme Engineered Floor Systems, Inc., located in Michigan. The sponsor's EIN is 273670922 and the plan operates in the Construction industry.
How did Xtreme Employee Stock Ownership Plan perform in 2024?
Xtreme Employee Stock Ownership Plan contracted severely - down 95.0% during 2024, moving from $450K to $23K in total assets. Net income was -$13M.

What this filing means

Ways to act on Xtreme Employee Stock Ownership Plan's numbers.

  • By total assets, Xtreme Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in Michigan. Compare plans
  • An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 273670922.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.