ESOP · DOL Form 5500 · 2024

North American Arms, Inc. ESOP

Data updated 2026-08-25

$707K
Total assets Small plan by assets
54
Participants Small participant base
20th
Percentile by assets National rank
$13,093
Avg per participant Low balance/head
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Official DOL plan name: North American Arms, Inc. Employee Stock Ownership Plan · Sponsored by North American Arms, Inc. · Utah · Manufacturing

$707K in assets, 54 participants

North American Arms, Inc.'s North American Arms, Inc. Employee Stock Ownership Plan reported $707K in total assets and 54 participants in its 2024 DOL Form 5500 filing, ranking in the 20th 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.

  • #1,449 in Manufacturing (17,777 peers)

North American Arms, Inc. multi-year trail

North American Arms, Inc.'s plans moved -32.9% in assets from 2022 to 2024; this filing shows North American Arms, Inc. Employee Stock Ownership Plan at $707K / 54 participants.

#1,449
in Manufacturing (17,777 peers)
-38.4%
assets change YoY

The plan reported a net loss of $81K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

North American Arms, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

North American Arms, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$707,000 20th percentile higher than 20% 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

North American Arms, 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. North American Arms, Inc. Employee Stock Ownership Plan is a small filing (54 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • North American Arms, Inc. Employee Stock Ownership Plan reported net income fell from $445K in the plan year 2023 filing to -$81K in the plan year 2024 filing.
  • North American Arms, Inc. Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2023 filing to $707K in the plan year 2024 filing.
  • North American Arms, Inc. Employee Stock Ownership Plan reported participants rose from 43 in the plan year 2023 filing to 54 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 870500601 · North American Arms, Inc. PY 2024 · ESOP

North American Arms, Inc. Employee Stock Ownership Plan · $707K · 54 · 20th

  • NET $707K
  • NET 54
  • NET 20th
  • NET ESOP
  • NET near Kreider Mechanical, Inc. Employee Stock Ownership Plan
  • NET ind #1449

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 Utah →

North American Arms, Inc. Employee Stock Ownership Plan in the asset neighbourhood

North American Arms, Inc. Employee Stock Ownership PlanNorth American Arms, Inc. Em…$707KKreider Mechanical, Inc. Employee Stock Ownership PlanKreider Mechanical, Inc. Emp…$709KCentrexit Employee Stock Ownership PlanCentrexit Employee Stock Own…$709KLda Architecture & Interiors Employee Stock Ownership PlanLda Architecture & Interiors…$705KBirns and Sawyer, Inc. Employee Stock Ownership PlanBirns and Sawyer, Inc. Emplo…$704K
End-of-year total assets ($M) among North American Arms, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

North American Arms, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All North American Arms, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$707K 32.922201138519924% vs 2022
2024 filing year
$0.6M$0.8M$1M$1.2M 202220232024 $1.05M $0.71M ▼ -32.4%
Year Plans Participants Total Assets
2022 1 42 $1M
2023 1 43 $1M
2024 1 54 $707K

North American Arms, Inc. filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)-$10M
Net Income-$81K
Employer EIN870500601
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Utah

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

North American Arms, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 -50050100150200 Total assets ($M) Participants North American Arms, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.707 · Participants: 54North American Arms, Inc. Employee Stock Ownership PlanWhitaker Construction Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 185.484245 · Participants: 772Whitaker Construction Co., Inc. Employee Stock Ownership PlanRocky Mountain Atv, Inc. Employee Stock Ownership Plan, Total assets ($M): 119.773571 · Participants: 495Rocky Mountain Atv, Inc. Employee Stock Ownership PlanJacobsen Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 119.739328 · Participants: 605Jacobsen Construction Company, Inc. Employee Stock Ownership PlanFj Management Inc. Employee Stock Ownership Plan, Total assets ($M): 93.831351 · Participants: 28Fj Management Inc. Employee Stock Ownership PlanKenny Seng Construction Employee Stock Ownership Plan, Total assets ($M): 73.805536 · Participants: 170Kenny Seng Construction Employee Stock Ownership Plan
North American Arms, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants
Compare North American Arms, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

North American Arms, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Utah, the nearest ESOP by assets is Kreider Mechanical, Inc. Employee Stock Ownership Plan in VA ($709K); by covered participants it is Schoeneman's Employee Stock Ownership Plan in SD (54 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 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 North American Arms, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
North American Arms, Inc. Employee Stock Ownership Plan contracted severely - down 38.4% during 2024, from $1M to $707K. Reported net income was -$81K.
How have North American Arms, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), North American Arms, Inc.'s sponsor-wide assets declined 32.9%, from $1M to $707K.
Where does North American Arms, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
North American Arms, Inc. Employee Stock Ownership Plan ranks in the 20th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to North American Arms, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Kreider Mechanical, Inc. Employee Stock Ownership Plan in VA ($709K, 58 participants).
Which ESOP plans cover a similar participant headcount to North American Arms, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Schoeneman's Employee Stock Ownership Plan in SD (54 participants, $1M in assets).

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 870500601.

Read our methodology - how this data is sourced, computed, and verified.

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