ESOP · DOL Form 5500 · 2024

Miedema Produce, Inc. ESOP

Data updated 2026-08-25

$46M
Total assets Below avg plan size
164
Participants Small participant base
83rd
Percentile by assets National rank
$279,795
Avg per participant High balance/head
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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.

  • #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.

#1,095
in Agriculture, Forestry & Fishing (1,217 peers)
-1.3%
assets change YoY
0.5×
vs typical plan assets (national mean)

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.

Miedema Produce, Inc. Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Miedema Produce, Inc. Employee Stock Ownership Plan 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. Miedema Produce, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (164 participants).

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 →

Published 5500 schedule card

Filing strip 382201262 · Miedema Produce, Inc. PY 2024 · ESOP

Miedema Produce, Inc. Employee Stock Ownership Plan · $46M · 164 · 83rd

  • NET $46M
  • NET 164
  • NET 83rd
  • NET ESOP
  • NET near Worzalla, Inc. Employee Stock Ownership Plan
  • NET ind #1095

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 Michigan →

Miedema Produce, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership PlanBierschbach Equipment & Supp…$46MAxia Consulting Employee Stock Ownership PlanAxia Consulting Employee Sto…$46MWorzalla, Inc. Employee Stock Ownership PlanWorzalla, Inc. Employee Stoc…$46MMiedema Produce, Inc. Employee Stock Ownership PlanMiedema Produce, Inc. Employ…$46MMoore Holding Company Employee Stock Ownership Plan and TrustMoore Holding Company Employ…$46M
End-of-year total assets ($M) among Miedema Produce, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Miedema Produce, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 11.694509308911405% vs 2022
2024 filing year
$48M$50M$52M$54M$56M$58M 202220232024 $50.2M $56.1M ▲ +11.7%
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 ($B) Participants Miedema Produce, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.045886302 · Participants: 164Miedema Produce, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Miedema Produce, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest ESOP by assets is Worzalla, Inc. Employee Stock Ownership Plan in WI ($46M); by covered participants it is Latitude Corp. Employee Stock Ownership Plan in WI (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 participants); asset peers above are excluded.

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 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).
Which ESOP plans cover a similar participant headcount to Miedema Produce, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Latitude Corp. Employee Stock Ownership Plan in WI (164 participants, $12M in assets).