ESOP · DOL Form 5500 · 2022

New England Controls, Inc. ESOP

Data updated 2026-08-25

$79M
Total assets Below avg plan size
349
Participants Below avg headcount
91st
Percentile by assets National rank
$226,224
Avg per participant Above avg balance/head
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Official DOL plan name: New England Controls, Inc. Employee Stock Ownership Plan · Sponsored by New England Controls, Inc. · Massachusetts · Manufacturing

$79M in assets, 349 participants

New England Controls, Inc.'s New England Controls, Inc. Employee Stock Ownership Plan reported $79M in total assets and 349 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #17,910 in Manufacturing (20,602 peers)

Where New England Controls, Inc. Employee Stock Ownership Plan sits by assets

New England Controls, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $79M for 349 participants (~$226,224/participant), up 31.8% in 2022.

#17,910
in Manufacturing (20,602 peers)
+31.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

New England Controls, Inc. Employee Stock Ownership Plan's outsized position by total assets

New England Controls, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$78,952,036 Top 9% higher than 91% 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

New England Controls, 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. New England Controls, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (349 participants).

DOL schedule card

Filing strip 042389826 · New England Controls, Inc. PY 2022 · ESOP

New England Controls, Inc. Employee Stock Ownership Plan · $79M · 349 · 91st

  • PCT $79M
  • PCT 349
  • PCT 91st
  • PCT ESOP
  • PCT near Terrazzo & Marble Supply Co. of Illinois Employee Stock Ownership Plan
  • PCT ind #17910

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 Massachusetts →

New England Controls, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Terrazzo & Marble Supply Co. of Illinois Employee Stock Ownership PlanTerrazzo & Marble Supply Co.…$79MNew England Controls, Inc. Employee Stock Ownership PlanNew England Controls, Inc. E…$79MChickasaw Telephone Company, Inc. Employees Stock Ownership PlanChickasaw Telephone Company,…$79MChesmar Group, Inc. Employee Stock Ownership PlanChesmar Group, Inc. Employee…$79MPeopletec, Inc. Employee Stock Ownership PlanPeopletec, Inc. Employee Sto…$79M
End-of-year total assets ($M) among New England Controls, 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)$60M
Net Assets (End of Year)$79M
Net Income$20M
Employer EIN042389826
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New England Controls, Inc.)

Sponsor-wide plan assets over time

All New England Controls, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$129M 14.540010170911314% vs 2022
2024 filing year
$110M$115M$120M$125M$130M$135M 202220232024 $113M $129M ▲ +14.5%
Year Plans Participants Total Assets
2022 2 753 $113M
2023 2 918 $121M
2024 2 929 $129M

Nearby ESOP Plans in Massachusetts

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

New England Controls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 0100200300400500600 Total assets ($M) Participants New England Controls, Inc. Employee Stock Ownership Plan, Total assets ($M): 78.952036 · Participants: 349New England Controls, Inc. Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 495.023943 · Participants: 1315Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 380.839397 · Participants: 193The Gillette Company Employee Stock Ownership PlanAbt Associates Inc. Employees Stock Ownership Plan, Total assets ($M): 312.177588 · Participants: 2426Abt Associates Inc. Employees Stock Ownership PlanNew England Biolabs, Inc. Voting Stock Ownership Plan, Total assets ($M): 272.105333 · Participants: 386New England Biolabs, Inc. Voting Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 258.836117 · Participants: 1646Eastern Bank Employee Stock Ownership Plan
New England Controls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare New England Controls, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

New England Controls, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Massachusetts, the nearest ESOP by assets is Terrazzo & Marble Supply Co. of Illinois Employee Stock Ownership Plan in IL ($79M); by covered participants it is Roush Holdings Employee Stock Ownership Plan in OH (350 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (349 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 New England Controls, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
New England Controls, Inc. Employee Stock Ownership Plan surged - up 31.8% during 2022, from $60M to $79M. Reported net income was $20M.
How have New England Controls, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), New England Controls, Inc.'s sponsor-wide assets grew 14.5%, from $113M to $129M.
Where does New England Controls, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
New England Controls, Inc. Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to New England Controls, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Terrazzo & Marble Supply Co. of Illinois Employee Stock Ownership Plan in IL ($79M, 125 participants).
Which ESOP plans cover a similar participant headcount to New England Controls, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Roush Holdings Employee Stock Ownership Plan in OH (350 participants, $116M 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 042389826.

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.