ESOP · DOL Form 5500 · 2022

Mid America Steel, Inc. ESOP

Data updated 2026-08-25

$40M
Total assets Below avg plan size
32
Participants Small participant base
86th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Mid America Steel, Inc. Employee Stock Ownership Plan · Sponsored by Mid America Steel, Inc. · North Dakota · Manufacturing

$40M in assets, 32 participants

Mid America Steel, Inc.'s Mid America Steel, Inc. Employee Stock Ownership Plan reported $40M in total assets and 32 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #16,421 in Manufacturing (20,602 peers)

Where Mid America Steel, Inc. Employee Stock Ownership Plan sits by assets

Mid America Steel, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $40M for 32 participants (~$1.3M/participant), up 1.1% in 2022.

#16,421
in Manufacturing (20,602 peers)
+1.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mid America Steel, Inc. Employee Stock Ownership Plan's outsized position by total assets

Mid America Steel, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$40,248,842 Top 14% higher than 86% 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

Mid America Steel, 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. Mid America Steel, Inc. Employee Stock Ownership Plan is a small filing (32 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 450129570 · Mid America Steel, Inc. PY 2022 · ESOP

Mid America Steel, Inc. Employee Stock Ownership Plan · $40M · 32 · 86th

  • EIN $40M
  • EIN 32
  • EIN 86th
  • EIN ESOP
  • EIN near Ogden Forklifts, Inc. Employee Stock Ownership Plan
  • EIN ind #16421

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 North Dakota →

Mid America Steel, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Employee Stock Ownership Plan and Trust of Standard Motor Products, Inc.Employee Stock Ownership Pla…$40MElite Associates Holding, Inc. Employee Stock Ownership Plan and TrustElite Associates Holding, In…$40MPortland Air Freight, Inc. Employee Stock Ownership PlanPortland Air Freight, Inc. E…$40MMid America Steel, Inc. Employee Stock Ownership PlanMid America Steel, Inc. Empl…$40MOgden Forklifts, Inc. Employee Stock Ownership PlanOgden Forklifts, Inc. Employ…$40M
End-of-year total assets ($M) among Mid America Steel, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$21M
Net Income-$2M
Employer EIN450129570
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mid America Steel, Inc.)

Sponsor-wide plan assets over time

All Mid America Steel, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$57M 40.56772366270811% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $40.3M $56.6M ▲ +40.6%
Year Plans Participants Total Assets
2022 1 32 $40M
2023 1 32 $50M
2024 1 31 $57M

Nearby ESOP Plans in North Dakota

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

Mid America Steel, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.5 Total assets ($B) Participants Mid America Steel, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.040248842 · Participants: 32Mid America Steel, Inc. Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.106185018 · Participants: 2781Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.761655102 · Participants: 3187Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.234297255 · Participants: 616Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership Plan
Mid America Steel, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Mid America Steel, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Dakota, the nearest ESOP by assets is Ogden Forklifts, Inc. Employee Stock Ownership Plan in GA ($40M); by covered participants it is Ses Environmental Employee Stock Ownership Plan and Trust in IN (32 participants). Same-state nearby plans are listed separately above.

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 Mid America Steel, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Mid America Steel, Inc. Employee Stock Ownership Plan edged up modestly - up 1.1% during 2022, from $40M to $40M. Reported net income was -$2M.
How have Mid America Steel, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mid America Steel, Inc.'s sponsor-wide assets grew 40.6%, from $40M to $57M.
Where does Mid America Steel, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Mid America Steel, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Mid America Steel, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ogden Forklifts, Inc. Employee Stock Ownership Plan in GA ($40M, 97 participants).
Which ESOP plans cover a similar participant headcount to Mid America Steel, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ses Environmental Employee Stock Ownership Plan and Trust in IN (32 participants, $3M 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 450129570.

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.