Plan Ledger DOL Form 5500 · updated monthly

Spinnaker Holding Inc.ESOP

SPINNAKER HOLDING, INC. EMPLOYEE STOCK OWNERSHIP PLAN · TIPP CITY, OH · plan year 2025

Plan assets · 2025
$3.1M

Spinnaker Holding Inc.'s 2025 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $3,102,751 across 241 participant accounts. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,842nd of 3,295), and 12,222nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$3,102,751
Participants with balances241
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$12,874
Benefits paid to participants$9,379
Plan auditUnmodified (clean) audit opinion
AuditorBRIXEY & MEYER, INC
Plan history4
Yearassets · accounts · employer contribution
2025$3.1M · 241 accts
2024$3.0M · 241 accts
2023$2.8M · 241 accts
2022$2.6M · 241 accts
Administrative cost history4
2025Not separately reported
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
SPINNAKER 401(K) PLAN401(k)
SPINNAKER HOLDING, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 454227859 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.