ESOP · DOL Form 5500 · 2022

Maco Tool & Engineering, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
9
Participants Small participant base
41st
Percentile by assets National rank
$339,312
Avg per participant High balance/head
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Official DOL plan name: Maco Tool & Engineering, Inc. ESOP · Sponsored by Maco Tool & Engineering, Inc. · Michigan · Manufacturing

$3M in assets, 9 participants

Maco Tool & Engineering, Inc.'s Maco Tool & Engineering, Inc. ESOP reported $3M in total assets and 9 participants in its 2022 DOL Form 5500 filing, ranking in the 41st 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.

  • #4,965 in Manufacturing (20,602 peers)

2022 asset change

Maco Tool & Engineering, Inc. ESOP grew at a solid clip 11.2% in 2022 ($3M → $3M) for 9 participants.

#4,965
in Manufacturing (20,602 peers)
+11.2%
assets growth YoY

Maco Tool & Engineering, Inc. ESOP's mid-pack asset rank among Manufacturing and all filers

Maco Tool & Engineering, Inc. ESOP vs every filed plan by assets

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

$3,053,805 41st percentile higher than 41% 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

Maco Tool & Engineering, Inc. ESOP among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Maco Tool & Engineering, Inc. ESOP is a micro filing (9 participants), the leftmost band.

EBSA filing schedule strip

Filing strip 381956144 · Maco Tool & Engineering, Inc. PY 2022 · ESOP

Maco Tool & Engineering, Inc. ESOP · $3M · 9 · 41st

  • NET $3M
  • NET 9
  • NET 41st
  • NET ESOP
  • NET near The L.S. Starrett Company Employee Stock Ownership Plan
  • NET ind #4965

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 →

Maco Tool & Engineering, Inc. ESOP in the asset neighbourhood

Acrilex, Inc. Employee Stock Ownership PlanAcrilex, Inc. Employee Stock…$3MMaco Tool & Engineering, Inc. ESOPMaco Tool & Engineering, Inc…$3MThe L.S. Starrett Company Employee Stock Ownership PlanThe L.S. Starrett Company Em…$3MNi Holdings, Inc. Employee Stock Ownership PlanNi Holdings, Inc. Employee S…$3MLeanin' Tree Employee Stock Ownership PlanLeanin' Tree Employee Stock …$3M
End-of-year total assets ($M) among Maco Tool & Engineering, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Maco Tool & Engineering, Inc. years around the 2022 move

Sponsor-wide plan assets over time

All Maco Tool & Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 4.703476482617587% vs 2022
2024 filing year
$2.9M$3M$3.1M$3.2M$3.3M 202220232024 $3.05M $3.2M ▲ +4.9%
Year Plans Participants Total Assets
2022 1 9 $3M
2023 1 10 $3M
2024 1 10 $3M

2022 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$2M
Net Income$10K
Employer EIN381956144
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Maco Tool & Engineering, Inc. ESOP vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Maco Tool & Engineering, Inc. ESOP, Total assets ($B): 0.003053805 · Participants: 9Maco Tool & Engineering, Inc. ESOPMcnaughton-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 Plan
Maco Tool & Engineering, Inc. ESOP vs. nearby ESOP plans in Michigan, assets vs. participants

Maco Tool & Engineering, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is The L.S. Starrett Company Employee Stock Ownership Plan in MA ($3M); by covered participants it is Stowe Insurance Agency, Inc. Employee Stock Ownership Plan in VT (9 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 Maco Tool & Engineering, Inc. ESOP assets move in 2022?
Maco Tool & Engineering, Inc. ESOP grew at a solid clip - up 11.2% during 2022, from $3M to $3M. Reported net income was $10K.
How have Maco Tool & Engineering, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Maco Tool & Engineering, Inc.'s sponsor-wide assets grew 4.7%, from $3M to $3M.
Which ESOP plans are similar in size to Maco Tool & Engineering, Inc. ESOP?
Among ESOP plans in other states, the closest by assets is The L.S. Starrett Company Employee Stock Ownership Plan in MA ($3M, 216 participants).
Which ESOP plans cover a similar participant headcount to Maco Tool & Engineering, Inc. ESOP?
Among ESOP plans in other states, the closest by covered participants is Stowe Insurance Agency, Inc. Employee Stock Ownership Plan in VT (9 participants, N/A in assets).