ESOP · DOL Form 5500 · 2022

Downeast Machine and Engineering, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
36
Participants Small participant base
38th
Percentile by assets National rank
$72,092
Avg per participant Below avg balance/head
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Official DOL plan name: Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan · Sponsored by Downeast Machine and Engineering, Inc. · Maine · Manufacturing

$3M in assets, 36 participants

Downeast Machine and Engineering, Inc.'s Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan reported $3M in total assets and 36 participants in its 2022 DOL Form 5500 filing, ranking in the 38th 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.

  • #4,396 in Manufacturing (20,602 peers)

Downeast Machine and Engineering, Inc. multi-year trail

Downeast Machine and Engineering, Inc.'s plans moved +14.6% in assets from 2022 to 2024; this filing shows Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan at $3M / 36 participants.

#4,396
in Manufacturing (20,602 peers)
+56.0%
assets growth YoY

Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,595,321 38th percentile higher than 38% of 139,123 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 2022

Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan is a small filing (36 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 010316051 · Downeast Machine and Engineering, Inc. PY 2022 · ESOP

Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan · $3M · 36 · 38th

  • IND $3M
  • IND 36
  • IND 38th
  • IND ESOP
  • IND near Eckroth Music Co. Employee Stock Ownership Plan
  • IND ind #4396

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 Maine →

Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Downeast Machine and Engineering, Inc. Employee Stock Ownership PlanDowneast Machine and Enginee…$3MUnleashing Leaders, Inc Employee Stock Ownership PlanUnleashing Leaders, Inc Empl…$3MNldm Employee Stock Ownership PlanNldm Employee Stock Ownershi…$3MEckroth Music Co. Employee Stock Ownership PlanEckroth Music Co. Employee S…$3MEmsi, Inc. Employee Stock Ownership PlanEmsi, Inc. Employee Stock Ow…$3M
End-of-year total assets ($M) among Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Downeast Machine and Engineering, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Downeast Machine and Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 14.62100449231521% vs 2022
2024 filing year
$2.4M$2.6M$2.8M$3M$3.2M$3.4M 202220232024 $2.6M $2.97M ▲ +14.2%
Year Plans Participants Total Assets
2022 1 36 $3M
2023 1 38 $3M
2024 1 33 $3M

Downeast Machine and Engineering, Inc. filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$933K
Employer EIN010316051
Plan Effective Date2016-10-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maine

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

Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400 -20020406080 Total assets ($M) Participants Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 2.595321 · Participants: 36Downeast Machine and Engineering, Inc. Employee Stock Ownership PlanMaine Drilling and Blasting Group Employee Stock Ownership Plan, Total assets ($M): 73.690099 · Participants: 321Maine Drilling and Blasting Group Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 71.344 · Participants: 345Sc Holdings, Inc. Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 57.938208 · Participants: 252Johnnys Selected Seeds Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.272983 · Participants: 82Portland Air Freight, Inc. Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.17674 · Participants: 169Systems Engineering, Inc. Employee Stock Ownership Plan
Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is Eckroth Music Co. Employee Stock Ownership Plan in ND ($3M); by covered participants it is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (36 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (36 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan surged - up 56.0% during 2022, from $2M to $3M. Reported net income was $933K.
How have Downeast Machine and Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Downeast Machine and Engineering, Inc.'s sponsor-wide assets grew 14.6%, from $3M to $3M.
Which ESOP plans are similar in size to Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Eckroth Music Co. Employee Stock Ownership Plan in ND ($3M, 69 participants).
Which ESOP plans cover a similar participant headcount to Downeast Machine and Engineering, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (36 participants, $23M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 010316051.

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.