ESOP · DOL Form 5500 · 2024
Plastic Products Company, Inc. ESOP
Data updated 2026-08-25
- $66M
- Total assets Below avg plan size
- 951
- Participants Near avg headcount
- 87th
- Percentile by assets National rank
- $69,214
- Avg per participant Below avg balance/head
Official DOL plan name: Plastic Products Company, Inc Employee Stock Ownership Plan & Trust · Sponsored by Plastic Products Company, Inc. · Minnesota · Manufacturing
$66M in assets, 951 participants
Plastic Products Company, Inc.'s Plastic Products Company, Inc Employee Stock Ownership Plan & Trust reported $66M in total assets and 951 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.
- #14,439 in Manufacturing (17,777 peers)
Where Plastic Products Company, Inc Employee Stock Ownership Plan & Trust sits by assets
Plastic Products Company, Inc Employee Stock Ownership Plan & Trust sits in the top quartile of all filed plans by assets, $66M for 951 participants (~$69,214/participant), down 13.0% in 2024.
- #14,439
- in Manufacturing (17,777 peers)
- -13.0%
- assets change YoY
- 0.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Plastic Products Company, Inc Employee Stock Ownership Plan & Trust's outsized position by total assets
Plastic Products Company, Inc Employee Stock Ownership Plan & Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$65,822,514 Top 13% higher than 87% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Plastic Products Company, Inc Employee Stock Ownership Plan & Trust 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. Plastic Products Company, Inc Employee Stock Ownership Plan & Trust sits mid-pack in the medium band (951 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Plastic Products Company, Inc Employee Stock Ownership Plan & Trust reported net income fell from $9M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
- Plastic Products Company, Inc Employee Stock Ownership Plan & Trust end-of-year assets fell from $76M in the plan year 2023 filing to $66M in the plan year 2024 filing.
- Plastic Products Company, Inc Employee Stock Ownership Plan & Trust reported participants fell from 978 in the plan year 2023 filing to 951 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 410850873 · Plastic Products Company, Inc. PY 2024 · ESOP
Plastic Products Company, Inc Employee Stock Ownership Plan & Trust · $66M · 951 · 87th
- SCH $66M
- EBSA 951
- PART 87th
- TYPE ESOP
- NET near Century Drywall, Inc. Employee Stock Ownership Plan
- BOOK ind #14439
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 Minnesota →
Plastic Products Company, Inc Employee Stock Ownership Plan & Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $76M |
|---|---|
| Net Assets (End of Year) | $64M |
| Net Income | -$9M |
| Employer EIN | 410850873 |
| Plan Effective Date | 1988-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Plastic Products Company, Inc.)
Sponsor-wide plan assets over time
All Plastic Products Company, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $95M 4.604231186358997% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,891 | $90M |
| 2023 | 2 | 1,935 | $102M |
| 2024 | 2 | 1,931 | $95M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Andersen Corporation Employee Stock Ownership Plan $963M · 12,104
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $594M · 490
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $594M · 782
- Force America Inc. Employee Stock Ownership Plan $473M · 615
- Ablenet, Inc. Employee Stock Ownership Plan $460M · 134
Plastic Products Company, Inc Employee Stock Ownership Plan & Trust's out-of-state ESOP peers by assets and headcount
Outside Minnesota, the nearest ESOP by assets is Century Drywall, Inc. Employee Stock Ownership Plan in RI ($66M); by covered participants it is Mckim & Creed, Inc. Employee Stock Ownership Plan in NC (949 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($66M here).
Similar participant headcount
Nearest other-state filings by covered participants (951 participants); asset peers above are excluded.
- Mckim & Creed, Inc. Employee Stock Ownership Plan (NC) 949 · 2 off
- S&me, Inc. Employee Stock Ownership Plan (NC) 955 · 4 off
- Arch Telecom Employee Stock Ownership Plan (CA) 946 · 5 off
- Henny Penny Corporation Employee Stock Ownership Plan (OH) 944 · 7 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.