ESOP · DOL Form 5500 · 2024

Force America, Inc. ESOP

Data updated 2026-08-25

$473M
Total assets Above avg plan size
615
Participants Below avg headcount
97th
Percentile by assets National rank
$768,645
Avg per participant High balance/head
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Official DOL plan name: Force America Inc. Employee Stock Ownership Plan · Sponsored by Force America, Inc. · Minnesota · Wholesale Trade

$473M in assets, 615 participants

Force America, Inc.'s Force America Inc. Employee Stock Ownership Plan reported $473M in total assets and 615 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • #5,967 in Wholesale Trade (6,080 peers)

Where Force America Inc. Employee Stock Ownership Plan sits by assets

Force America Inc. Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $473M for 615 participants (~$768,645/participant), up 10.8% in 2024.

#5,967
in Wholesale Trade (6,080 peers)
+10.8%
assets growth YoY
4.7×
vs typical plan assets (national mean)

Force America Inc. Employee Stock Ownership Plan's outsized position by total assets

Force America Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$472,716,981 Top 3% higher than 97% 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

Force America 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. Force America Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (615 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Force America Inc. Employee Stock Ownership Plan reported net income fell from $93M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Force America Inc. Employee Stock Ownership Plan reported participants rose from 412 in the plan year 2023 filing to 615 in the plan year 2024 filing.
  • Force America Inc. Employee Stock Ownership Plan end-of-year assets rose from $427M in the plan year 2023 filing to $473M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410965174 · Force America, Inc. PY 2024 · ESOP

Force America Inc. Employee Stock Ownership Plan · $473M · 615 · 97th

  • IND $473M
  • EOY 615
  • 5500 97th
  • ASSETS ESOP
  • PCT near Precision, Inc. Employee Stock Ownership Plan and Trust
  • EIN ind #5967

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 →

Force America Inc. Employee Stock Ownership Plan in the asset neighbourhood

Central States, Inc. Employee Stock Ownership PlanCentral States, Inc. Employe…$476MPrecision, Inc. Employee Stock Ownership Plan and TrustPrecision, Inc. Employee Sto…$473MForce America Inc. Employee Stock Ownership PlanForce America Inc. Employee …$473MBarr Brands International Amended and Restated Employee Stock Ownership PlanBarr Brands International Am…$470MPacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOPPacific Hide & Fur Depot D/B…$469M
End-of-year total assets ($M) among Force America Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$427M
Net Assets (End of Year)$396M
Net Income$19M
Employer EIN410965174
Plan Effective Date1997-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Force America, Inc.)

Sponsor-wide plan assets over time

All Force America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$539M 48.90977636695961% vs 2022
2024 filing year
$300M$400M$500M$600M 202220232024 $362M $539M ▲ +48.9%
Year Plans Participants Total Assets
2022 2 756 $362M
2023 2 830 $465M
2024 2 1,242 $539M

Nearby ESOP Plans in Minnesota

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

Force America Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 2004006008001000 Total assets ($M) Participants Force America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 424.317589 · Participants: 4375Hormel Foods Corporation Joint Earnings Profit Sharing Trust
Force America Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Force America Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Force America Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Precision, Inc. Employee Stock Ownership Plan and Trust in IA ($473M); by covered participants it is Van Horn Automotive Group, Inc. Employee Stock Ownership Plan in WI (615 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (615 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 Force America Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Force America Inc. Employee Stock Ownership Plan grew at a solid clip - up 10.8% during 2024, from $427M to $473M. Reported net income was $19M.
How have Force America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Force America, Inc.'s sponsor-wide assets grew 48.9%, from $362M to $539M.
Where does Force America Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Force America Inc. Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Force America Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Precision, Inc. Employee Stock Ownership Plan and Trust in IA ($473M, 658 participants).
Which ESOP plans cover a similar participant headcount to Force America Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Van Horn Automotive Group, Inc. Employee Stock Ownership Plan in WI (615 participants, $51M 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 410965174.

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.