ESOP · DOL Form 5500 · 2022

Mcnaughton-Mckay Electric Company ESOP

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
1,155
Participants Near avg headcount
99th
Percentile by assets National rank
$910,964
Avg per participant High balance/head
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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.

  • #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.

#6,795
in Wholesale Trade (6,843 peers)
+22.2%
assets growth YoY
11×
vs typical plan assets (national mean)

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan lands in the large band (1,155 participants).

Published 5500 schedule card

Filing strip 380812640 · Mcnaughton-Mckay Electric Company PY 2022 · ESOP

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan · $1.1B · 1,155 · 99th

  • 5500 $1.1B
  • 5500 1,155
  • 5500 99th
  • 5500 ESOP
  • 5500 near The Bank of America Transferred Savings Account Plan
  • 5500 ind #6795

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 Michigan →

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan in the asset neighbourhood

Border States Industries, Inc. Employee Stock Ownership PlanBorder States Industries, In…$1.1BMcnaughton-Mckay Electric Company Employee Stock Ownership PlanMcnaughton-Mckay Electric Co…$1.1BThe Bank of America Transferred Savings Account PlanThe Bank of America Transfer…$1.0BRosendin Electric, Inc. Employee Stock Ownership PlanRosendin Electric, Inc. Empl…$995MScot Forge Company Employee Stock Ownership PlanScot Forge Company Employee …$970M
End-of-year total assets ($B) among Mcnaughton-Mckay Electric Company 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)$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)

Sponsor-wide plan assets over time

All Mcnaughton-Mckay Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.7B 43.039505094979994% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.2B $1.72B ▲ +43.3%
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 ($B) Participants Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership PlanNational Nail Corp. Employee Stock Ownership Plan, Total assets ($B): 0.173820742 · Participants: 170National Nail Corp. Employee Stock Ownership Plan
Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan side-by-side with 3 peers →

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is The Bank of America Transferred Savings Account Plan in RI ($1.0B); by covered participants it is Holden Industries, Inc. Employee Stock Ownership Plan in IL (1,146 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,155 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 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).
Which ESOP plans cover a similar participant headcount to Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Holden Industries, Inc. Employee Stock Ownership Plan in IL (1,146 participants, $252M 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 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.