ESOP · DOL Form 5500 · 2023

Legend Seeds, Inc. ESOP

Data updated 2026-08-25

$536K
Total assets Small plan by assets
83
Participants Small participant base
19th
Percentile by assets National rank
$6,463
Avg per participant Low balance/head
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Official DOL plan name: Legend Seeds, Inc. Employee Stock Ownership Plan · Sponsored by Legend Seeds, Inc. · South Dakota · Agriculture, Forestry & Fishing

$536K in assets, 83 participants

Legend Seeds, Inc.'s Legend Seeds, Inc. Employee Stock Ownership Plan reported $536K in total assets and 83 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #205 in Agriculture, Forestry & Fishing (1,288 peers)

Legend Seeds, Inc. multi-year trail

Legend Seeds, Inc.'s plans moved -18.2% in assets from 2022 to 2024; this filing shows Legend Seeds, Inc. Employee Stock Ownership Plan at $536K / 83 participants.

#205
in Agriculture, Forestry & Fishing (1,288 peers)
-57.4%
assets change YoY

The plan reported a net loss of $437K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Legend Seeds, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Legend Seeds, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$536,409 19th percentile higher than 19% of 127,068 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 2023

Legend Seeds, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Legend Seeds, Inc. Employee Stock Ownership Plan is a small filing (83 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Legend Seeds, Inc. Employee Stock Ownership Plan reported net income fell from -$101K in the plan year 2022 filing to -$437K in the plan year 2023 filing.
  • Legend Seeds, Inc. Employee Stock Ownership Plan end-of-year assets fell from $1M in the plan year 2022 filing to $536K in the plan year 2023 filing.
  • Legend Seeds, Inc. Employee Stock Ownership Plan reported participants rose from 80 in the plan year 2022 filing to 83 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 460412041 · Legend Seeds, Inc. PY 2023 · ESOP

Legend Seeds, Inc. Employee Stock Ownership Plan · $536K · 83 · 19th

  • PART $536K
  • PART 83
  • PART 19th
  • PART ESOP
  • PART near Woodmansee Insurance, Inc. Employee Stock Ownership Plan
  • PART ind #205

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 South Dakota →

Legend Seeds, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Legend Seeds, Inc. Employee Stock Ownership PlanLegend Seeds, Inc. Employee …$536KWoodmansee Insurance, Inc. Employee Stock Ownership PlanWoodmansee Insurance, Inc. E…$535KVenezia's Employee Stock Ownership PlanVenezia's Employee Stock Own…$541KMajority Builders, Inc. Employee Stock Ownership PlanMajority Builders, Inc. Empl…$541KClay County Savings Bank Employee Stock Ownership PlanClay County Savings Bank Emp…$532K
End-of-year total assets ($M) among Legend Seeds, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Legend Seeds, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Legend Seeds, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 18.15396126644092% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M 202220232024 $5.21M $4.27M ▼ -18.0%
Year Plans Participants Total Assets
2022 2 174 $5M
2023 2 178 $4M
2024 1 82 $4M

Legend Seeds, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)-$3M
Net Income-$437K
Employer EIN460412041
Plan Effective Date2018-08-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in South Dakota

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

Legend Seeds, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants Scatter plot of 6 data points. 0200400600800 -50050100150 Total assets ($M) Participants Legend Seeds, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.536409 · Participants: 83Legend Seeds, Inc. Employee Stock Ownership PlanShowplace Wood Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.050363 · Participants: 506Showplace Wood Products, Inc. Employee Stock Ownership PlanFishback Financial Corporation Employee Stock Ownership Plan, Total assets ($M): 51.743144 · Participants: 713Fishback Financial Corporation Employee Stock Ownership PlanBierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 44.406334 · Participants: 83Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanRe/Spec Inc. Employee Stock Ownership Plan, Total assets ($M): 43.108665 · Participants: 471Re/Spec Inc. Employee Stock Ownership PlanThe Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 38.747989 · Participants: 112The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust
Legend Seeds, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Dakota, assets vs. participants

Legend Seeds, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside South Dakota, the nearest ESOP by assets is Woodmansee Insurance, Inc. Employee Stock Ownership Plan in RI ($535K); by covered participants it is Stockmens Bank Employee Stock Ownership Plan and Trust in CO (83 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (83 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Legend Seeds, Inc. Employee Stock Ownership Plan assets move in 2023?
Legend Seeds, Inc. Employee Stock Ownership Plan contracted severely - down 57.4% during 2023, from $1M to $536K. Reported net income was -$437K.
How have Legend Seeds, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Legend Seeds, Inc.'s sponsor-wide assets declined 18.2%, from $5M to $4M.
Where does Legend Seeds, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Legend Seeds, Inc. Employee Stock Ownership Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Legend Seeds, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Woodmansee Insurance, Inc. Employee Stock Ownership Plan in RI ($535K, 12 participants).
Which ESOP plans cover a similar participant headcount to Legend Seeds, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Stockmens Bank Employee Stock Ownership Plan and Trust in CO (83 participants, $3M in assets).