ESOP · DOL Form 5500 · 2022

Mcnaughton-Mckay Electric Company ESOP

Data updated 2026-08-11

$1.1B
Total assets
1,155
Participants
99th
Percentile by assets
$910,964
Avg per participant
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Official DOL plan name: Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan · Sponsored by Mcnaughton-Mckay Electric Company · Michigan · Wholesale Trade

$1.1B in assets, 1,155 participants

Mcnaughton-Mckay Electric Company's Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan reported $1.1B in total assets and 1,155 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #6,795 in Wholesale Trade (6,843 peers)

Where Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan sits by assets

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan sits among the largest 1% of all filed plans, $1.1B for 1,155 participants (~$910,964/participant), up 22.2% in 2022.

$1.1B
total plan assets (2022 EOY)
1,155
covered participants
99th
percentile by assets (of 139,126 plans)
$910,964
avg assets per participant

Where Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan sits by total assets

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan vs every filed plan by assets

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

$1,052,163,391 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Michigan
Industry
Wholesale Trade

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan outranks 99% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 11x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$861M
Net Assets (End of Year)$1.0B
Net Income$193M
Employer EIN380812640
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcnaughton-Mckay Electric Company)

$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.2B $1.72B ▲ +43.3%
Total plan assets by year, all Mcnaughton-Mckay Electric Company plans on file
Year Plans Participants Total Assets
2022 3 2,933 $1.2B
2023 3 3,603 $1.5B
2024 3 3,620 $1.7B

Nearby ESOP Plans in Michigan

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

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 00.20.40.60.811.2 Total assets ($B) Participants Mcnaughton-Mckay Ele…, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Ele…The Kendall Group Em…, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Em…Project Worldwide, I…, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, I…Motor City Electric …, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric …Bandit Holding Compa…, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Compa…National Nail Corp. …, Total assets ($B): 0.173820742 · Participants: 170National Nail Corp. …
Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Mcnaughton-Mckay Electric Company Employ… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan assets move in 2022? ▼
Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan grew sharply - up 22.2% during 2022, from $861M to $1.1B. Reported net income was $193M.
How have Mcnaughton-Mckay Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcnaughton-Mckay Electric Company's sponsor-wide assets grew 43.0%, from $1.2B to $1.7B.
Where does Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which ESOP plans are similar in size to Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Bank of America Transferred Savings Account Plan in RI ($1.0B, 5,057 participants).

Next read for Mcnaughton-Mckay Electric Company Employ…

Scale reading

Ways to act on Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan's numbers.

  • By total assets, Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
  • Mcnaughton-Mckay Electric Company's sponsor-wide assets have grown 43.0% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 380812640.

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.