ESOP · DOL Form 5500 · 2024

Ulteig, Inc. ESOP

Data updated 2026-08-25

$193M
Total assets Near avg plan size
1,117
Participants Near avg headcount
94th
Percentile by assets National rank
$172,610
Avg per participant Above avg balance/head
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Official DOL plan name: Ulteig, Inc. Employee Stock Ownership Plan · Sponsored by Ulteig, Inc. · North Dakota · Management of Enterprises

$193M in assets, 1,117 participants

Ulteig, Inc.'s Ulteig, Inc. Employee Stock Ownership Plan reported $193M in total assets and 1,117 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.

  • #941 in Management of Enterprises (1,133 peers)

Coverage in North Dakota

Ulteig, Inc. Employee Stock Ownership Plan covers 1,117 participants in North Dakota, 2.2x the typical North Dakota plan (state average ~504 per filing). Assets: $193M.

#941
in Management of Enterprises (1,133 peers)
+21.5%
assets growth YoY
1.9×
vs typical plan assets (national mean)

Ulteig, Inc. Employee Stock Ownership Plan's outsized position by total assets

Ulteig, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$192,805,392 Top 6% higher than 94% 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

Ulteig, Inc. 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. Ulteig, Inc. Employee Stock Ownership Plan lands in the large band (1,117 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ulteig, Inc. Employee Stock Ownership Plan reported net income rose from $21M in the plan year 2023 filing to $34M in the plan year 2024 filing.
  • Ulteig, Inc. Employee Stock Ownership Plan reported participants rose from 901 in the plan year 2023 filing to 1,117 in the plan year 2024 filing.
  • Ulteig, Inc. Employee Stock Ownership Plan end-of-year assets rose from $159M in the plan year 2023 filing to $193M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 883415518 · Ulteig, Inc. PY 2024 · ESOP

Ulteig, Inc. Employee Stock Ownership Plan · $193M · 1,117 · 94th

  • PART $193M
  • PART 1,117
  • PART 94th
  • PART ESOP
  • PART near Hunt Electric Employee Stock Ownership Plan and Trust
  • PART ind #941

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 North Dakota →

Ulteig, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Pavement Recycling Systems, Inc. Employee Stock Ownership PlanPavement Recycling Systems, …$193MUlteig, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock …$193MHunt Electric Employee Stock Ownership Plan and TrustHunt Electric Employee Stock…$193MScott Electric Company Employee Stock Ownership PlanScott Electric Company Emplo…$192MWunderlich-Malec Engineering, Inc. Employee Stock Ownership PlanWunderlich-Malec Engineering…$191M
End-of-year total assets ($M) among Ulteig, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

North Dakota filing particulars

Total Assets (Beginning of Year)$159M
Net Assets (End of Year)$193M
Net Income$34M
Employer EIN883415518
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ulteig, Inc.)

Sponsor-wide plan assets over time

All Ulteig, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$193M 40.36044967755236% vs 2022
2024 filing year
$120M$140M$160M$180M$200M 202220232024 $137M $193M ▲ +40.4%
Year Plans Participants Total Assets
2022 1 778 $137M
2023 1 901 $159M
2024 1 1,117 $193M

Nearby ESOP Plans in North Dakota

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

Ulteig, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 00.511.5 Total assets ($B) Participants Ulteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.192805392 · Participants: 1117Ulteig, Inc. Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.326258119 · Participants: 3256Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.962968241 · Participants: 5157Scheels Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.097711974 · Participants: 89Frontier Precision, Inc Employee Stock Ownership PlanKlj Solutions Co Employee Stock Ownership Plan, Total assets ($B): 0.09240993 · Participants: 525Klj Solutions Co Employee Stock Ownership PlanAdvanced Elements, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.091087811 · Participants: 287Advanced Elements, Inc. Employee Stock Ownership Plan
Ulteig, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Ulteig, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Dakota, the nearest ESOP by assets is Hunt Electric Employee Stock Ownership Plan and Trust in MN ($193M); by covered participants it is The Garland Industries, Inc. Employee Stock Ownership Plan & Trust in OH (1,118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,117 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 Ulteig, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Ulteig, Inc. Employee Stock Ownership Plan grew sharply - up 21.5% during 2024, from $159M to $193M. Reported net income was $34M.
How have Ulteig, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ulteig, Inc.'s sponsor-wide assets grew 40.4%, from $137M to $193M.
Where does Ulteig, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Ulteig, Inc. Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Ulteig, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hunt Electric Employee Stock Ownership Plan and Trust in MN ($193M, 318 participants).
Which ESOP plans cover a similar participant headcount to Ulteig, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Garland Industries, Inc. Employee Stock Ownership Plan & Trust in OH (1,118 participants, $2.0B 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 883415518.

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.