ESOP · DOL Form 5500 · 2024

Solut!, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
94
Participants Small participant base
62nd
Percentile by assets National rank
$142,894
Avg per participant Near avg balance/head
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Official DOL plan name: Solut! Inc. Employee Stock Ownership Plan · Sponsored by Solut!, Inc. · · Manufacturing

$13M in assets, 94 participants

Solut!, Inc.'s Solut! Inc. Employee Stock Ownership Plan reported $13M in total assets and 94 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #8,773 in Manufacturing (17,777 peers)

2024 asset change

Solut! Inc. Employee Stock Ownership Plan surged 974.6% in 2024 ($1M → $13M) for 94 participants.

#8,773
in Manufacturing (17,777 peers)
+974.6%
assets growth YoY

The plan reported a net loss of $62M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Solut! Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Solut! Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$13,431,994 Top 38% higher than 62% 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

Solut! Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Solut! Inc. Employee Stock Ownership Plan is a small filing (94 participants) on this national headcount ladder.

DOL schedule card

Filing strip 202862162 · Solut!, Inc. PY 2024 · ESOP

Solut! Inc. Employee Stock Ownership Plan · $13M · 94 · 62nd

  • BOOK $13M
  • VS-ST 94
  • BOY 62nd
  • SCH ESOP
  • EBSA near Weathermaster Building Products, Inc. Employee Stock Ownership Plan
  • PART ind #8773

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? →

Solut! Inc. Employee Stock Ownership Plan in the asset neighbourhood

Lincoln Bancorp Employee Stock Ownership PlanLincoln Bancorp Employee Sto…$13MCheever Construction Company Employee Stock Ownership Plan & TrustCheever Construction Company…$13MInternal Data Resources, Inc. Employee Stock Ownership PlanInternal Data Resources, Inc…$13MWeathermaster Building Products, Inc. Employee Stock Ownership PlanWeathermaster Building Produ…$13MSolut! Inc. Employee Stock Ownership PlanSolut! Inc. Employee Stock O…$13M
End-of-year total assets ($M) among Solut! Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

2024 asset-move particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)-$61M
Net Income-$62M
Employer EIN202862162
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in

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

Solut! Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants Scatter plot of 6 data points. 0100200300400500 050100150 Total assets ($M) Participants Solut! Inc. Employee Stock Ownership Plan, Total assets ($M): 13.431994 · Participants: 94Solut! Inc. Employee Stock Ownership PlanLetner Roofing Company Employee Stock Ownership Plan, Total assets ($M): 140.631332 · Participants: 71Letner Roofing Company Employee Stock Ownership PlanGodshall's Quality Meats Employee Stock Ownership Plan, Total assets ($M): 78.199328 · Participants: 273Godshall's Quality Meats Employee Stock Ownership PlanOnin Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 42.312512 · Participants: 422Onin Holdings, Inc. Employee Stock Ownership PlanPapich Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 33.8 · Participants: 85Papich Construction Company, Inc. Employee Stock Ownership PlanHc Employee Stock Ownership Plan, Total assets ($M): 25.6 · Participants: 430Hc Employee Stock Ownership Plan
Solut! Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants

Solut! Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside this state, the nearest ESOP by assets is Weathermaster Building Products, Inc. Employee Stock Ownership Plan in FL ($13M); by covered participants it is Community First Bank Employee Stock Ownership Plan in WI (94 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 Solut! Inc. Employee Stock Ownership Plan assets move in 2024?
Solut! Inc. Employee Stock Ownership Plan surged - up 974.6% during 2024, from $1M to $13M. Reported net income was -$62M.
Which ESOP plans are similar in size to Solut! Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Weathermaster Building Products, Inc. Employee Stock Ownership Plan in FL ($13M, 30 participants).
Which ESOP plans cover a similar participant headcount to Solut! Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Community First Bank Employee Stock Ownership Plan in WI (94 participants, $4M in assets).