ESOP · DOL Form 5500 · 2024

Redwater, Inc. ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
316
Participants Below avg headcount
61st
Percentile by assets National rank
$40,823
Avg per participant Low balance/head
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Official DOL plan name: Redwater, Inc. Employee Stock Ownership Plan · Sponsored by Redwater, Inc. · Michigan · Food Services & Accommodation

$13M in assets, 316 participants

Redwater, Inc.'s Redwater, Inc. Employee Stock Ownership Plan reported $13M in total assets and 316 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #3,203 in Food Services & Accommodation (3,672 peers)

Coverage in Michigan

Redwater, Inc. Employee Stock Ownership Plan covers 316 participants in Michigan, about 50% of the average Michigan filer (state average ~638 per filing). Assets: $13M.

#3,203
in Food Services & Accommodation (3,672 peers)
-$14M
reported net income

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Redwater, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Food Services & Accommodation and all filers

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

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

$12,900,000 Top 39% higher than 61% 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

Redwater, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Redwater, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (316 participants).

DOL schedule card

Filing strip 262657303 · Redwater, Inc. PY 2024 · ESOP

Redwater, Inc. Employee Stock Ownership Plan · $13M · 316 · 61st

  • RANK $13M
  • PHOTO 316
  • IND 61st
  • EOY ESOP
  • 5500 near Mn Builders Employee Stock Ownership Plan
  • ASSETS ind #3203

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 Michigan →

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

Jaftex Corporation Employee Stock Ownership PlanJaftex Corporation Employee …$13MRedwater, Inc. Employee Stock Ownership PlanRedwater, Inc. Employee Stoc…$13MMn Builders Employee Stock Ownership PlanMn Builders Employee Stock O…$13MRebling Plastics Employee Stock Ownership PlanRebling Plastics Employee St…$13MTraditions Bancshares, Inc. Employee Stock Ownership PlanTraditions Bancshares, Inc. …$13M
End-of-year total assets ($M) among Redwater, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$14M
Net Income-$14M
Employer EIN262657303
Plan Effective Date2024-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Redwater, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Redwater, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0129 · Participants: 316Redwater, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Redwater, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Redwater, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Mn Builders Employee Stock Ownership Plan in ($13M); by covered participants it is Aei Consultants Employee Stock Ownership Plan in CA (316 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (316 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

Which ESOP plans are similar in size to Redwater, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mn Builders Employee Stock Ownership Plan in ($13M, 88 participants).
Which ESOP plans cover a similar participant headcount to Redwater, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Aei Consultants Employee Stock Ownership Plan in CA (316 participants, $10M 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 262657303.

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.