ESOP · DOL Form 5500 · 2024
Redwater, Inc. ESOP
Data updated 2026-08-11
- $13M
- Total assets
- 316
- Participants
- 61st
- Percentile by assets
- $40,823
- Avg per participant
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.
- 61st percentile by assets (of 123,622 plans)
- #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.
- $13M
- total plan assets (2024 EOY)
- 316
- covered participants
- 61st
- percentile by assets (of 123,622 plans)
- $40,823
- avg assets per participant
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.
Where Redwater, Inc. Employee Stock Ownership Plan sits by total assets
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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Redwater, Inc. Employee Stock Ownership Plan reports 316 participants - about 50% of that state average ($13M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | N/A |
|---|---|
| Net Assets (End of Year) | -$14M |
| Net Income | -$14M |
| Employer EIN | 262657303 |
| Plan Effective Date | 2024-01-01 |
| Filing Status | FILING 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
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
- The Kendall Group Employee Stock Ownership Plan $900M · 1,936
- Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
- Motor City Electric Co. Employee Stock Ownership Plan $410M · 218
- Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Redwater, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Redwater, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Redwater, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans