ESOP · DOL Form 5500 · 2024

Crosby & Henry, Inc. ESOP

Data updated 2026-08-11

$295K
Total assets: 7
Participants: 13th
Percentile by assets: $42,079
Avg per participant

Official DOL plan name: Crosby & Henry, Inc. Employee Stock Ownership Plan · Sponsored by Crosby & Henry, Inc. · Michigan · Finance & Insurance

$295K in assets, 7 participants

Crosby & Henry, Inc.'s Crosby & Henry, Inc. Employee Stock Ownership Plan reported $295K in total assets and 7 participants in its 2024 DOL Form 5500 filing, ranking in the 13th 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.

13th percentile by assets (of 123,622 plans)
#577 in Finance & Insurance (8,549 peers)

Crosby & Henry, Inc. multi-year trail

Crosby & Henry, Inc.'s plans moved -22.6% in assets from 2022 to 2024; this filing shows Crosby & Henry, Inc. Employee Stock Ownership Plan at $295K / 7 participants.

$295K
total plan assets (2024 EOY): 7
covered participants: 13th
percentile by assets (of 123,622 plans): $42,079
avg assets per participant

The plan reported a net loss of $70K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Crosby & Henry, Inc. Employee Stock Ownership Plan sits by total assets

Crosby & Henry, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$294,555 13th percentile higher than 13% 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

Crosby & Henry, Inc. Employee Stock Ownership Plan reported net income fell from -$16K in the plan year 2023 filing to -$70K in the plan year 2024 filing.
Crosby & Henry, Inc. Employee Stock Ownership Plan end-of-year assets fell from $364K in the plan year 2023 filing to $295K in the plan year 2024 filing.
Crosby & Henry, Inc. Employee Stock Ownership Plan reported participants fell from 8 in the plan year 2023 filing to 7 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Finance & Insurance

Crosby & Henry, Inc. across 3 plan years on file

Across the 3 plan years Crosby & Henry, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $381K to $295K, a decline of 22.6%, while reported participants moved from 8 to 7 (-12.5%). Peak year by sponsor assets: 2022 ($381K); trough: 2024 ($295K).

Crosby & Henry, Inc. multi-year asset trail

Total plan assets by year, all Crosby & Henry, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	8	$381K
2023	1	8	$364K
2024	1	7	$295K

Crosby & Henry, Inc. filing trail (2024)

Total Assets (Beginning of Year)	$364K
Net Assets (End of Year)	$295K
Net Income	-$70K
Employer EIN	381840685
Plan Effective Date	1987-04-01
Filing Status	FILING RECEIVED

Nearby ESOP Plans in Michigan

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

Crosby & Henry, 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

Compare Crosby & Henry, Inc. Employee Stock Owne… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Crosby & Henry, Inc. Employee Stock Ownership Plan by total assets, not by location.

Weber, Hayes & Associates, Inc. Employee Stock Ownership Plan (CA) $294K · 12
Beaumont Products, Inc. Employee Stock Ownership Plan (GA) $296K · 64
Industrial Bank Employee Stock Ownership Plan (DC) $297K · 27
Asbury Carbons, Inc. Employee Stock Ownership Plan (DE) $298K · 139

Frequently Asked Questions

How did Crosby & Henry, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Crosby & Henry, Inc. Employee Stock Ownership Plan declined sharply - down 19.1% during 2024, from $364K to $295K. Reported net income was -$70K.

How have Crosby & Henry, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Crosby & Henry, Inc.'s sponsor-wide assets declined 22.6%, from $381K to $295K.

Where does Crosby & Henry, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Crosby & Henry, Inc. Employee Stock Ownership Plan ranks in the 13th 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 Crosby & Henry, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Weber, Hayes & Associates, Inc. Employee Stock Ownership Plan in CA ($294K, 12 participants).

Next read for Crosby & Henry, Inc. Employee Stock Owne…

Multi-year trail

Ways to act on Crosby & Henry, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Crosby & Henry, Inc. Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
Crosby & Henry, Inc.'s sponsor-wide assets have declined 22.6% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 381840685.