ESOP · DOL Form 5500 · 2024

Ronco Engineering Sales, Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
24
Participants
60th
Percentile by assets
$508,162
Avg per participant
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Official DOL plan name: Ronco Engineering Sales, Inc. Employee Stock Ownership Plan · Sponsored by Ronco Engineering Sales, Inc. · Minnesota · Other Services

$12M in assets, 24 participants

Ronco Engineering Sales, Inc.'s Ronco Engineering Sales, Inc. Employee Stock Ownership Plan reported $12M in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 123,622 plans)
  • #5,971 in Other Services (7,719 peers)

2024 asset change

Ronco Engineering Sales, Inc. Employee Stock Ownership Plan grew at a solid clip 9.8% in 2024 ($11M → $12M) for 24 participants.

$12M
total plan assets (2024 EOY)
24
covered participants
60th
percentile by assets (of 123,622 plans)
$508,162
avg assets per participant

Where Ronco Engineering Sales, Inc. Employee Stock Ownership Plan sits by total assets

Ronco Engineering Sales, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,195,886 Top 40% higher than 60% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ronco Engineering Sales, Inc. Employee Stock Ownership Plan reported net income rose from -$4M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Ronco Engineering Sales, Inc. Employee Stock Ownership Plan reported participants rose from 21 in the plan year 2023 filing to 24 in the plan year 2024 filing.
  • Ronco Engineering Sales, Inc. Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

2024 asset move for Ronco Engineering Sales, Inc. Employee Stock Ownership Plan

Year over year, total assets grew at a solid clip from $11M at the start of 2024 to $12M at year-end (up 9.8%). Net assets closed at $7M; reported net income $1M.

Ronco Engineering Sales, Inc. years around the 2024 move

$11M$11.5M$12M$12.5M 202220232024 $12M $12.2M ▲ +1.7%
Total plan assets by year, all Ronco Engineering Sales, Inc. plans on file
Year Plans Participants Total Assets
2022 1 24 $12M
2023 1 21 $11M
2024 1 24 $12M

2024 asset-move particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN411557437
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Ronco Engineering Sales, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Ronco Engineering Sa…, Total assets ($M): 12.195886 · Participants: 24Ronco Engineering Sa…Andersen Corporation…, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation…Landscape Structures…, Total assets ($M): 593.784492 · Participants: 490Landscape Structures…Kingdom Enterprises,…, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises,…Force America Inc. E…, Total assets ($M): 472.716981 · Participants: 615Force America Inc. E…Ablenet, Inc. Employ…, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employ…
Ronco Engineering Sales, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Ronco Engineering Sales, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Ronco Engineering Sales, Inc. Employee Stock Ownership Plan assets move in 2024?
Ronco Engineering Sales, Inc. Employee Stock Ownership Plan grew at a solid clip - up 9.8% during 2024, from $11M to $12M. Reported net income was $1M.
How have Ronco Engineering Sales, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ronco Engineering Sales, Inc.'s sponsor-wide assets grew 1.6%, from $12M to $12M.
Which ESOP plans are similar in size to Ronco Engineering Sales, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Southside Bancshares, Inc. Employee Stock Ownership Plan in TX ($12M, 724 participants).

Next read for Ronco Engineering Sales, Inc. Employee S…

2024 change

Ways to act on Ronco Engineering Sales, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Ronco Engineering Sales, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Ronco Engineering Sales, Inc.'s sponsor-wide assets have grown 1.6% since 2022 across 3 plan years on file. More Other Services plans