ESOP · DOL Form 5500 · 2024

Lunseth Plumbing and Heating Co. ESOP

Data updated 2026-08-25

$71M
Total assets Below avg plan size
123
Participants Small participant base
88th
Percentile by assets National rank
$576,638
Avg per participant High balance/head
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Official DOL plan name: Lunseth Plumbing and Heating Co. ESOP · Sponsored by Lunseth Plumbing and Heating Co. · North Dakota · Construction

$71M in assets, 123 participants

Lunseth Plumbing and Heating Co.'s Lunseth Plumbing and Heating Co. ESOP reported $71M in total assets and 123 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,752 in Construction (9,039 peers)

Coverage in North Dakota

Lunseth Plumbing and Heating Co. ESOP covers 123 participants in North Dakota, about 24% of the average North Dakota filer (state average ~504 per filing). Assets: $71M.

#7,752
in Construction (9,039 peers)
+30.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Lunseth Plumbing and Heating Co. ESOP's outsized position by total assets

Lunseth Plumbing and Heating Co. ESOP vs every filed plan by assets

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

$70,926,425 Top 12% higher than 88% 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

Lunseth Plumbing and Heating Co. ESOP 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. Lunseth Plumbing and Heating Co. ESOP sits mid-pack in the medium band (123 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lunseth Plumbing and Heating Co. ESOP end-of-year assets rose from $55M in the plan year 2023 filing to $71M in the plan year 2024 filing.
  • Lunseth Plumbing and Heating Co. ESOP reported net income rose from $13M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Lunseth Plumbing and Heating Co. ESOP reported participants rose from 112 in the plan year 2023 filing to 123 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 450160050 · Lunseth Plumbing and Heating Co. PY 2024 · ESOP

Lunseth Plumbing and Heating Co. ESOP · $71M · 123 · 88th

  • EOY $71M
  • 5500 123
  • ASSETS 88th
  • PCT ESOP
  • EIN near Mortenson Dental Partners Employee Stock Ownership Plan
  • RANK ind #7752

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 →

Lunseth Plumbing and Heating Co. ESOP in the asset neighbourhood

Redner's Employees Profit Sharing and Stock Ownership PlanRedner's Employees Profit Sh…$71MLunseth Plumbing and Heating Co. ESOPLunseth Plumbing and Heating…$71MMortenson Dental Partners Employee Stock Ownership PlanMortenson Dental Partners Em…$71MFriends & Family Prevailing Wage ESOP Retirement PlanFriends & Family Prevailing …$71MOlsson, Inc. Employee Stock Ownership PlanOlsson, Inc. Employee Stock …$71M
End-of-year total assets ($M) among Lunseth Plumbing and Heating Co. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

North Dakota filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$71M
Net Income$17M
Employer EIN450160050
Plan Effective Date2009-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lunseth Plumbing and Heating Co.)

Sponsor-wide plan assets over time

All Lunseth Plumbing and Heating Co. plans reported in each filing year

Latest sponsor-wide plan assets
$71M 70.68535465093025% vs 2022
2024 filing year
$30M$40M$50M$60M$70M$80M 202220232024 $41.6M $70.9M ▲ +70.7%
Year Plans Participants Total Assets
2022 1 126 $42M
2023 1 112 $55M
2024 1 123 $71M

Nearby ESOP Plans in North Dakota

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

Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 00.511.5 Total assets ($B) Participants Lunseth Plumbing and Heating Co. ESOP, Total assets ($B): 0.070926425 · Participants: 123Lunseth Plumbing and Heating Co. ESOPBorder 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
Lunseth Plumbing and Heating Co. ESOP vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Lunseth Plumbing and Heating Co. ESOP side-by-side with 3 peers →

Lunseth Plumbing and Heating Co. ESOP's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Mortenson Dental Partners Employee Stock Ownership Plan in KY ($71M); by covered participants it is Pems Employee Stock Ownership Plan in MI (123 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (123 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 Lunseth Plumbing and Heating Co. ESOP assets move in 2024? ▼
Lunseth Plumbing and Heating Co. ESOP surged - up 30.1% during 2024, from $55M to $71M. Reported net income was $17M.
How have Lunseth Plumbing and Heating Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lunseth Plumbing and Heating Co.'s sponsor-wide assets grew 70.7%, from $42M to $71M.
Where does Lunseth Plumbing and Heating Co. ESOP rank by assets among Form 5500 filers? ▼
Lunseth Plumbing and Heating Co. ESOP ranks in the 88th 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 Lunseth Plumbing and Heating Co. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Mortenson Dental Partners Employee Stock Ownership Plan in KY ($71M, 1,948 participants).
Which ESOP plans cover a similar participant headcount to Lunseth Plumbing and Heating Co. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Pems Employee Stock Ownership Plan in MI (123 participants, $40M in assets).

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 450160050.

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.