ESOP · DOL Form 5500 · 2022

Reed and Reed ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
141
Participants Small participant base
64th
Percentile by assets National rank
$66,816
Avg per participant Below avg balance/head
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Official DOL plan name: Reed & Reed, Inc. Employee Stock Ownership Plan · Sponsored by Reed and Reed · Maine · Construction

$9M in assets, 141 participants

Reed and Reed's Reed & Reed, Inc. Employee Stock Ownership Plan reported $9M in total assets and 141 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • #6,273 in Construction (9,927 peers)

Coverage in Maine

Reed & Reed, Inc. Employee Stock Ownership Plan covers 141 participants in Maine, about 30% of the average Maine filer (state average ~472 per filing). Assets: $9M.

#6,273
in Construction (9,927 peers)
+1.0%
assets growth YoY

Reed & Reed, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Reed & Reed, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$9,421,000 Top 36% higher than 64% 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

Reed & Reed, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Reed & Reed, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (141 participants).

EBSA filing schedule strip

Filing strip 010378835 · Reed and Reed PY 2022 · ESOP

Reed & Reed, Inc. Employee Stock Ownership Plan · $9M · 141 · 64th

  • SCH $9M
  • EBSA 141
  • PART 64th
  • TYPE ESOP
  • NET near Aerodyne Research, Inc. Employee Stock Ownership Plan
  • BOOK ind #6273

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 →

Reed & Reed, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Airmark Inc. Employee Stock Ownership Plan and TrustAirmark Inc. Employee Stock …$9MReed & Reed, Inc. Employee Stock Ownership PlanReed & Reed, Inc. Employee S…$9MAerodyne Research, Inc. Employee Stock Ownership PlanAerodyne Research, Inc. Empl…$9MThunder Mtn. Catering, Inc. Employee Stock Ownership PlanThunder Mtn. Catering, Inc. …$9MMedicalodges, Inc. Employee Stock Ownership PlanMedicalodges, Inc. Employee …$9M
End-of-year total assets ($M) among Reed & Reed, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Maine filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$9M
Net Income$97K
Employer EIN010378835
Plan Effective Date2016-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reed and Reed)

Sponsor-wide plan assets over time

All Reed and Reed plans reported in each filing year

Latest sponsor-wide plan assets
$63M 48.85484784556532% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $42.4M $63.1M ▲ +48.9%
Year Plans Participants Total Assets
2022 2 292 $42M
2023 2 277 $50M
2024 2 312 $63M

Nearby ESOP Plans in Maine

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

Reed & Reed, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400 020406080 Total assets ($M) Participants Reed & Reed, Inc. Employee Stock Ownership Plan, Total assets ($M): 9.421 · Participants: 141Reed & Reed, 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
Reed & Reed, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Reed & Reed, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Reed & Reed, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is Aerodyne Research, Inc. Employee Stock Ownership Plan in MA ($9M); by covered participants it is Long Haul Trucking, Inc. Employee Stock Ownership Plan and Trust in MN (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 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 Reed & Reed, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Reed & Reed, Inc. Employee Stock Ownership Plan held essentially flat - up 1.0% during 2022, from $9M to $9M. Reported net income was $97K.
How have Reed and Reed plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Reed and Reed's sponsor-wide assets grew 48.9%, from $42M to $63M.
Which ESOP plans are similar in size to Reed & Reed, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Aerodyne Research, Inc. Employee Stock Ownership Plan in MA ($9M, 52 participants).
Which ESOP plans cover a similar participant headcount to Reed & Reed, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Long Haul Trucking, Inc. Employee Stock Ownership Plan and Trust in MN (141 participants, $51M 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 010378835.

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.