ESOP · DOL Form 5500 · 2024

Crosby & Henry, Inc. ESOP

Data updated 2026-08-25

$295K
Total assets Small plan by assets
7
Participants Small participant base
13th
Percentile by assets National rank
$42,079
Avg per participant Low balance/head
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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.

  • #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.

#577
in Finance & Insurance (8,549 peers)
-19.1%
assets change YoY

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.

Crosby & Henry, Inc. Employee Stock Ownership Plan among the smaller filed plans by 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

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

Crosby & Henry, Inc. Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Crosby & Henry, Inc. Employee Stock Ownership Plan is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → 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 →

Form 5500 schedule snapshot

Filing strip 381840685 · Crosby & Henry, Inc. PY 2024 · ESOP

Crosby & Henry, Inc. Employee Stock Ownership Plan · $295K · 7 · 13th

  • EBSA $295K
  • PART 7
  • TYPE 13th
  • NET ESOP
  • BOOK near Weber, Hayes & Associates, Inc. Employee Stock Ownership Plan
  • VS-ST ind #577

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 →

Crosby & Henry, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Beaumont Products, Inc. Employee Stock Ownership PlanBeaumont Products, Inc. Empl…$296KIndustrial Bank Employee Stock Ownership PlanIndustrial Bank Employee Sto…$297KAsbury Carbons, Inc. Employee Stock Ownership PlanAsbury Carbons, Inc. Employe…$298KCrosby & Henry, Inc. Employee Stock Ownership PlanCrosby & Henry, Inc. Employe…$295KWeber, Hayes & Associates, Inc. Employee Stock Ownership PlanWeber, Hayes & Associates, I…$294K
End-of-year total assets ($M) among Crosby & Henry, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Crosby & Henry, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Crosby & Henry, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$295K 22.617687160612533% vs 2022
2024 filing year
$0.25M$0.3M$0.35M$0.4M 202220232024 $0.38M $0.29M ▼ -23.7%
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 EIN381840685
Plan Effective Date1987-04-01
Filing StatusFILING 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 Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Crosby & Henry, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000294555 · Participants: 7Crosby & Henry, 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
Crosby & Henry, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Crosby & Henry, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Weber, Hayes & Associates, Inc. Employee Stock Ownership Plan in CA ($294K); by covered participants it is P E Systems, Inc. Amended and Restated Employee Stock Ownership Plan in VA (7 participants). Same-state nearby plans are listed separately above.

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 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).
Which ESOP plans cover a similar participant headcount to Crosby & Henry, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is P E Systems, Inc. Amended and Restated Employee Stock Ownership Plan in VA (7 participants, N/A 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 381840685.

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.