ESOP · DOL Form 5500 · 2024
Force America, Inc. ESOP
Data updated 2026-08-11
- $473M
- Total assets
- 615
- Participants
- 97th
- Percentile by assets
- $768,645
- Avg per participant
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.
- 97th percentile by assets (of 123,622 plans)
- #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.
- $473M
- total plan assets (2024 EOY)
- 615
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $768,645
- avg assets per participant
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.
Force America Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Force America Inc. Employee Stock Ownership Plan outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $427M |
|---|---|
| Net Assets (End of Year) | $396M |
| Net Income | $19M |
| Employer EIN | 410965174 |
| Plan Effective Date | 1997-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Force America, Inc.)
| 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
- 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
- Ablenet, Inc. Employee Stock Ownership Plan $460M · 134
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $424M · 4,375
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Force America Inc. Employee Stock Ownership Plan by total assets, not by location.
- Precision, Inc. Employee Stock Ownership Plan and Trust (IA) $473M · 658
- Barr Brands International Amended and Restated Employee Stock Ownership Plan (TN) $470M · 403
- Central States, Inc. Employee Stock Ownership Plan (AR) $476M · 1,400
- Pacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOP (MT) $469M · 968
Frequently Asked Questions
How did Force America Inc. Employee Stock Ownership Plan assets move in 2024? ▼
How have Force America, Inc. plan assets changed over time? ▼
Where does Force America Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Next read for Force America Inc. Employee Stock Owners…
Scale reading
Ways to act on Force America Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Force America Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
- Force America, Inc.'s sponsor-wide assets have grown 48.9% since 2022 across 3 plan years on file. More Wholesale Trade plans