ESOP · DOL Form 5500 · 2024

D&m Industries, Inc. ESOP

Data updated 2026-08-25

$26M
Total assets Below avg plan size: 168
Participants Small participant base: 75th
Percentile by assets National rank: $153,531
Avg per participant Above avg balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: D & M Industries, Inc. Employee Stock Ownership Plan and Trust · Sponsored by D&m Industries, Inc. · Minnesota · Wholesale Trade

$26M in assets, 168 participants

D&m Industries, Inc.'s D & M Industries, Inc. Employee Stock Ownership Plan and Trust reported $26M in total assets and 168 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

#4,413 in Wholesale Trade (6,080 peers)

Coverage in Minnesota

D & M Industries, Inc. Employee Stock Ownership Plan and Trust covers 168 participants in Minnesota, about 15% of the average Minnesota filer (state average ~1,126 per filing). Assets: $26M.

#4,413
in Wholesale Trade (6,080 peers): -3.1%
assets change YoY: 0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $617K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

D & M Industries, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

D & M Industries, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$25,793,230 Top 25% higher than 75% 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

D & M Industries, Inc. Employee Stock Ownership Plan and Trust 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. D & M Industries, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (168 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

D & M Industries, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $17M in the plan year 2023 filing to -$617K in the plan year 2024 filing.
D & M Industries, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 182 in the plan year 2023 filing to 168 in the plan year 2024 filing.
D & M Industries, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $27M in the plan year 2023 filing to $26M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 450414000 · D&m Industries, Inc. PY 2024 · ESOP

D & M Industries, Inc. Employee Stock Ownership Plan and Trust · $26M · 168 · 75th

EIN $26M
EIN 168
EIN 75th
EIN ESOP
EIN near Tech Met, Inc. Employee Stock Ownership Plan
EIN ind #4413

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 Minnesota →

End-of-year total assets ($M) among D & M Industries, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)	$27M
Net Assets (End of Year)	$25M
Net Income	-$617K
Employer EIN	450414000
Plan Effective Date	2004-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (D&m Industries, Inc.)

Latest sponsor-wide plan assets: $36M 110.4415405369733% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	2	306	$17M
2023	2	306	$36M
2024	2	301	$36M

Nearby ESOP Plans in Minnesota

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

D & M Industries, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants

Andersen Corporation Employee Stock Ownership Plan $963M · 12,104
Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $594M · 490
Kingdom Enterprises, Inc. Employee Stock Ownership Plan $594M · 782
Force America Inc. Employee Stock Ownership Plan $473M · 615
Ablenet, Inc. Employee Stock Ownership Plan $460M · 134

Compare D & M Industries, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

D & M Industries, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Tech Met, Inc. Employee Stock Ownership Plan in PA ($26M); by covered participants it is Cornerstone Systems, Inc. Employee Stock Ownership Plan in TN (168 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($26M here).

Tech Met, Inc. Employee Stock Ownership Plan (PA) $26M · 52
General Rubber & Plastics of Louisville, Inc. Employee Stock (KY) $26M · 68
Winn Construction Inc. Employee Stock Ownership Plan (ND) $26M · 77
Kocolene Development Corporation Employee Stock Ownership Plan (IN) $26M · 57

Similar participant headcount

Nearest other-state filings by covered participants (168 participants); asset peers above are excluded.

Cornerstone Systems, Inc. Employee Stock Ownership Plan (TN) 168 · 0 off
Control Associates, Inc. Employee Stock Ownership Plan (NJ) 168 · 0 off
Select Education Group Employee Stock Ownership Plan (CA) 168 · 0 off
Bank of Idaho Employee Stock Ownership Plan (ID) 168 · 0 off

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 D & M Industries, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼

D & M Industries, Inc. Employee Stock Ownership Plan and Trust edged down modestly - down 3.1% during 2024, from $27M to $26M. Reported net income was -$617K.

How have D&m Industries, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), D&m Industries, Inc.'s sponsor-wide assets grew 110.4%, from $17M to $36M.

Where does D & M Industries, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼

D & M Industries, Inc. Employee Stock Ownership Plan and Trust ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to D & M Industries, Inc. Employee Stock Ownership Plan and Trust? ▼

Among ESOP plans in other states, the closest by assets is Tech Met, Inc. Employee Stock Ownership Plan in PA ($26M, 52 participants).

Which ESOP plans cover a similar participant headcount to D & M Industries, Inc. Employee Stock Ownership Plan and Trust? ▼

Among ESOP plans in other states, the closest by covered participants is Cornerstone Systems, Inc. Employee Stock Ownership Plan in TN (168 participants, $44M 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 450414000.