ESOP · DOL Form 5500 · 2024
Lunseth Plumbing and Heating Co. ESOP
Data updated 2026-07-24
- $71M
- Total assets
- 112
- Participants
- 88th
- Percentile by assets
- $633,272
- Avg per participant
Official DOL plan name: Lunseth Plumbing and Heating Co. ESOP · Sponsored by Lunseth Plumbing and Heating Co. · North Dakota · Construction
$71M in assets, 112 participants
Lunseth Plumbing and Heating Co.'s Lunseth Plumbing and Heating Co. ESOP reported $71M in total assets and 112 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- 88th percentile by assets (of 116,472 plans)
Coverage in North Dakota
Lunseth Plumbing and Heating Co. ESOP covers 112 participants in North Dakota, about 21% of the average North Dakota filer (state average ~522 per filing). Assets: $71M.
- $71M
- total plan assets (2024 EOY)
- 112
- covered participants
- 88th
- percentile by assets (of 116,472 plans)
- $633,272
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lunseth Plumbing and Heating Co. ESOP end-of-year assets rose from $55M in the plan year 2023 filing to $71M in the plan year 2024 filing.
- Lunseth Plumbing and Heating Co. ESOP reported net income rose from $13M in the plan year 2023 filing to $17M in the plan year 2024 filing.
Participants vs North Dakota filers
In North Dakota, the average filing covers about 522 participants across 339 plans. Lunseth Plumbing and Heating Co. ESOP reports 112 participants - about 21% of that state average ($71M EOY assets).
North Dakota filing particulars
| Total Assets (Beginning of Year) | $55M |
|---|---|
| Net Assets (End of Year) | $71M |
| Net Income | $17M |
| Employer EIN | 450160050 |
| Plan Effective Date | 2009-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lunseth Plumbing and Heating Co.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 126 | $42M |
| 2023 | 1 | 112 | $55M |
| 2024 | 1 | 112 | $71M |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants
- Border States Industries, Inc. Employee Stock Ownership Plan $1.3B · 3,256
- Scheels Employee Stock Ownership Plan $963M · 5,157
- Ulteig, Inc. Employee Stock Ownership Plan $193M · 1,117
- Frontier Precision, Inc Employee Stock Ownership Plan $98M · 89
- Klj Solutions Co Employee Stock Ownership Plan $92M · 525
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Lunseth Plumbing and Heating Co. ESOP by total assets, not by location.
Frequently Asked Questions
How did Lunseth Plumbing and Heating Co. ESOP assets move in 2024? ▼
How have Lunseth Plumbing and Heating Co. plan assets changed over time? ▼
Where does Lunseth Plumbing and Heating Co. ESOP rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Lunseth Plumbing and Heating Co. ESOP? ▼
Next read for Lunseth Plumbing and Heating Co. ESOP
Filing takeaways
Ways to act on Lunseth Plumbing and Heating Co. ESOP's numbers.
- By total assets, Lunseth Plumbing and Heating Co. ESOP ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in North Dakota. Compare plans
- Lunseth Plumbing and Heating Co.'s sponsor-wide assets have grown 70.7% since 2022 across 3 plan years on file. More Construction 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 450160050.
Read our methodology - how this data is sourced, computed, and verified.