· 2022–2024 · DOL EFAST2
Search
Browse
Resources
Pricing
BESSER COMPANY — BESSER COMPANY EMPLOYEE STOCK OWNERSHIP PLAN, Form 5500 (2024) | Form 5500 Search
Back to filter
Original filing (PDF)
20250930065522NAL0005369619001
BESSER COMPANY
Form 5500
FILING_RECEIVED
BESSER COMPANY EMPLOYEE STOCK OWNERSHIP PLAN
Defined-contribution retirement plan
Signals · 3
100% in single holding
100% employer stock
No recordkeeper disclosed
Active participants
374
Accounts w/ balance
513
Plan assets (EOY)
$68.5M
Net assets (EOY)
$61.3M
How this plan invests
This plan
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
82
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
50
Total plan cost
75
Vendor stack
80
Participation health
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for
BESSER COMPANY
.
Find decision makers
Plan sponsor
Name
BESSER COMPANY
EIN
38-0346640
Address
801 JOHNSON ST · ALPENA, MI · 497071870
Phone
(989) 354-1045
Industry
Manufacturing
see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
005
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-30
Pension benefit codes
2I · Stock bonus
2P · Leveraged ESOP
2Q · S-corporation ESOP
3I · Requires investment in employer securities
Audit & trust (Schedule H)
Auditor
BAKER TILLY US, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
No Schedule C providers reported
Investments
1 direct security
· $67.5M
(99% of reported assets)
PI
Investment
Type
Shares / units
Cost
Current value
% of plan
Besser Company Common Stock (699,725
—
—
$22.4M
$67.5M
98.6%
Related plans
Similar-size Manufacturing plans
HYDRO-GEAR LIMITED PARTNERSHIP
HYDRO-GEAR RETIREMENT PLAN
$68.8M · 1,175 participants
SUNDYNE, LLC
SUNDYNE, LLC EMPLOYEE SAVINGS PLAN
$69.8M · 464 participants
SUMITOMO MACHINERY CORPORATION OF AMERICA
SUMITOMO MACHINERY CORPORATION OF AMERICA SAVINGS AND INVESTMENT PLAN
$70.4M · 495 participants
REBUILD MANUFACTURING, LLC
REBUILD MANUFACTURING 401(K) PLAN
$66.1M · 790 participants
JOINT BOARD OF TRUSTEES OF LOCAL 808 IBT PENSION FUND
LOCAL 808 IBT PENSION PLAN
100
Knocking points off
Top holding "Besser Company Common Stock (699,725" is 100% of plan.
100% of plan in employer / sponsor stock.
No recordkeeper disclosed on Schedule C.
Helping the score
No Schedule C compensation disclosed — likely a small plan or unbundled.
$71.0M · 618 participants
DLSM, INC.
PROFIT SHARING RETIREMENT PLAN FOR EMPLOYEES OF RES AND KONDEX
$65.1M · 299 participants
Large plans in Michigan
GENERAL MOTORS LLC
GENERAL MOTORS HOURLY-RATE EMPLOYEES PENSION PLAN
$44.8B · 15,648 participants
GENERAL MOTORS LLC
GENERAL MOTORS SAVINGS PLAN MASTER TRUST
$32.4B
THE COMMITTEE OF THE UAW RETIREE MEDICAL BENEFITS TRUST
UAW GM RETIREES MEDICAL BENEFITS PLAN
$30.6B
FORD MOTOR COMPANY
FORD MOTOR COMPANY MASTER TRUST FUND
$29.5B
FORD MOTOR COMPANY
FORD DEFINED CONTRIBUTION PLANS MASTER TRUST
$25.3B
GENERAL MOTORS LLC
GENERAL MOTORS RETIREMENT SAVINGS PLAN FOR SALARIED EMPLOYEES IN THE UNITED STATES
$23.1B · 41,023 participants
