ESOP · DOL Form 5500 · 2024

Minot Builders Supply, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
160
Participants Small participant base
48th
Percentile by assets National rank
$42,719
Avg per participant Low balance/head
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Official DOL plan name: Minot Builders Supply, Inc. Employee Stock · Sponsored by Minot Builders Supply, Inc. · North Dakota · Wholesale Trade

$7M in assets, 160 participants

Minot Builders Supply, Inc.'s Minot Builders Supply, Inc. Employee Stock reported $7M in total assets and 160 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

  • #2,280 in Wholesale Trade (6,080 peers)

Coverage in North Dakota

Minot Builders Supply, Inc. Employee Stock covers 160 participants in North Dakota, about 32% of the average North Dakota filer (state average ~504 per filing). Assets: $7M.

#2,280
in Wholesale Trade (6,080 peers)
+30.1%
assets growth YoY

Minot Builders Supply, Inc. Employee Stock's mid-pack asset rank among Wholesale Trade and all filers

Minot Builders Supply, Inc. Employee Stock vs every filed plan by assets

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

$6,835,000 48th percentile higher than 48% 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

Minot Builders Supply, Inc. Employee Stock 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. Minot Builders Supply, Inc. Employee Stock sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Minot Builders Supply, Inc. Employee Stock reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Minot Builders Supply, Inc. Employee Stock end-of-year assets rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Minot Builders Supply, Inc. Employee Stock reported participants rose from 148 in the plan year 2023 filing to 160 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 450222385 · Minot Builders Supply, Inc. PY 2024 · ESOP

Minot Builders Supply, Inc. Employee Stock · $7M · 160 · 48th

  • PHOTO $7M
  • PHOTO 160
  • PHOTO 48th
  • PHOTO ESOP
  • PHOTO near Triad Engineering, Inc. Employee Stock Ownership Plan
  • PHOTO ind #2280

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 North Dakota →

Minot Builders Supply, Inc. Employee Stock in the asset neighbourhood

Minot Builders Supply, Inc. Employee StockMinot Builders Supply, Inc. …$7MEasling Construction Company, Inc Employee Stock Ownership PlanEasling Construction Company…$7MRochester Metal Products Corp. Employee Stock Ownership PlanRochester Metal Products Cor…$7MTriad Engineering, Inc. Employee Stock Ownership PlanTriad Engineering, Inc. Empl…$7MCommon Thread Collective Employee Stock Ownership PlanCommon Thread Collective Emp…$7M
End-of-year total assets ($M) among Minot Builders Supply, Inc. Employee Stock and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

North Dakota filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN450222385
Plan Effective Date2023-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Minot Builders Supply, Inc.)

Sponsor-wide plan assets over time

All Minot Builders Supply, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 108.29357945003049% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $9.12M $19M ▲ +108.3%
Year Plans Participants Total Assets
2022 1 173 $9M
2023 2 279 $15M
2024 2 280 $19M

Nearby ESOP Plans in North Dakota

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

Minot Builders Supply, Inc. Employee Stock vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Minot Builders Supply, Inc. Employee Stock, Total assets ($B): 0.006835 · Participants: 160Minot Builders Supply, Inc. Employee StockBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.326258119 · Participants: 3256Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.962968241 · Participants: 5157Scheels Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.192805392 · Participants: 1117Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.097711974 · Participants: 89Frontier Precision, Inc Employee Stock Ownership PlanKlj Solutions Co Employee Stock Ownership Plan, Total assets ($B): 0.09240993 · Participants: 525Klj Solutions Co Employee Stock Ownership Plan
Minot Builders Supply, Inc. Employee Stock vs. nearby ESOP plans in North Dakota, assets vs. participants

Minot Builders Supply, Inc. Employee Stock's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Triad Engineering, Inc. Employee Stock Ownership Plan in WV ($7M); by covered participants it is B S K Associates Employee Stock Ownership Plan in CA (160 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 Minot Builders Supply, Inc. Employee Stock assets move in 2024?
Minot Builders Supply, Inc. Employee Stock surged - up 30.1% during 2024, from $5M to $7M. Reported net income was $2M.
How have Minot Builders Supply, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Minot Builders Supply, Inc.'s sponsor-wide assets grew 108.3%, from $9M to $19M.
Which ESOP plans are similar in size to Minot Builders Supply, Inc. Employee Stock?
Among ESOP plans in other states, the closest by assets is Triad Engineering, Inc. Employee Stock Ownership Plan in WV ($7M, 145 participants).
Which ESOP plans cover a similar participant headcount to Minot Builders Supply, Inc. Employee Stock?
Among ESOP plans in other states, the closest by covered participants is B S K Associates Employee Stock Ownership Plan in CA (160 participants, $20M in assets).