ESOP · DOL Form 5500 · 2024

Miedema Produce, Inc. ESOP

Data updated 2026-08-11

$46M
Total assets
164
Participants
83rd
Percentile by assets
$279,795
Avg per participant
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Official DOL plan name: Miedema Produce, Inc. Employee Stock Ownership Plan · Sponsored by Miedema Produce, Inc. · Michigan · Agriculture, Forestry & Fishing

$46M in assets, 164 participants

Miedema Produce, Inc.'s Miedema Produce, Inc. Employee Stock Ownership Plan reported $46M in total assets and 164 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 123,622 plans)
  • #1,095 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Michigan

Miedema Produce, Inc. Employee Stock Ownership Plan covers 164 participants in Michigan, about 26% of the average Michigan filer (state average ~638 per filing). Assets: $46M.

$46M
total plan assets (2024 EOY)
164
covered participants
83rd
percentile by assets (of 123,622 plans)
$279,795
avg assets per participant

The plan reported a net loss of $596K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Miedema Produce, Inc. Employee Stock Ownership Plan sits by total assets

Miedema Produce, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$45,886,302 Top 17% higher than 83% 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

  • Miedema Produce, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to -$596K in the plan year 2024 filing.
  • Miedema Produce, Inc. Employee Stock Ownership Plan reported participants fell from 187 in the plan year 2023 filing to 164 in the plan year 2024 filing.
  • Miedema Produce, Inc. Employee Stock Ownership Plan end-of-year assets fell from $46M in the plan year 2023 filing to $46M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Michigan
Industry
Agriculture, Forestry & Fishing

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Miedema Produce, Inc. Employee Stock Ownership Plan reports 164 participants - about 26% of that state average ($46M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$37M
Net Income-$596K
Employer EIN382201262
Plan Effective Date2012-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Miedema Produce, Inc.)

$48M$50M$52M$54M$56M$58M 202220232024 $50.2M $56.1M ▲ +11.7%
Total plan assets by year, all Miedema Produce, Inc. plans on file
Year Plans Participants Total Assets
2022 2 358 $50M
2023 2 360 $56M
2024 2 332 $56M

Nearby ESOP Plans in Michigan

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

Miedema Produce, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Miedema Produce, Inc…, Total assets ($B): 0.045886302 · Participants: 164Miedema Produce, Inc…Mcnaughton-Mckay Ele…, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Ele…The Kendall Group Em…, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Em…Project Worldwide, I…, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, I…Motor City Electric …, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric …Lee Contracting, Inc…, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc…
Miedema Produce, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Miedema Produce, Inc. Employee Stock Own… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Miedema Produce, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Miedema Produce, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Miedema Produce, Inc. Employee Stock Ownership Plan edged down modestly - down 1.3% during 2024, from $46M to $46M. Reported net income was -$596K.
How have Miedema Produce, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Miedema Produce, Inc.'s sponsor-wide assets grew 11.7%, from $50M to $56M.
Where does Miedema Produce, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Miedema Produce, Inc. Employee Stock Ownership Plan ranks in the 83rd 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 Miedema Produce, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Worzalla, Inc. Employee Stock Ownership Plan in WI ($46M, 194 participants).

Next read for Miedema Produce, Inc. Employee Stock Own…

Filing takeaways

Ways to act on Miedema Produce, Inc. Employee Stock Ownership Plan's numbers.

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 382201262.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.