ESOP · DOL Form 5500 · 2023

Twin Manufacturing Company ESOP

Data updated 2026-08-25

$83M
Total assets Below avg plan size
93
Participants Small participant base
90th
Percentile by assets National rank
$892,407
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Twin Mro Employee Stock Ownership Plan · Sponsored by Twin Manufacturing Company · Connecticut · Manufacturing

$83M in assets, 93 participants

Twin Manufacturing Company's Twin Mro Employee Stock Ownership Plan reported $83M in total assets and 93 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #15,924 in Manufacturing (18,722 peers)

Where Twin Mro Employee Stock Ownership Plan sits by assets

Twin Mro Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $83M for 93 participants (~$892,407/participant), up 64.7% in 2023.

#15,924
in Manufacturing (18,722 peers)
+64.7%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Twin Mro Employee Stock Ownership Plan's outsized position by total assets

Twin Mro Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$82,993,881 Top 10% higher than 90% of 127,068 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 2023

Twin Mro Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Twin Mro Employee Stock Ownership Plan is a small filing (93 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Twin Mro Employee Stock Ownership Plan reported net income rose from $13M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Twin Mro Employee Stock Ownership Plan end-of-year assets rose from $50M in the plan year 2022 filing to $83M in the plan year 2023 filing.
  • Twin Mro Employee Stock Ownership Plan reported participants rose from 89 in the plan year 2022 filing to 93 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 061188121 · Twin Manufacturing Company PY 2023 · ESOP

Twin Mro Employee Stock Ownership Plan · $83M · 93 · 90th

  • NET $83M
  • BOOK 93
  • VS-ST 90th
  • BOY ESOP
  • SCH near Schnabel, Inc. Employee Stock Ownership Plan
  • EBSA ind #15924

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 Connecticut →

Twin Mro Employee Stock Ownership Plan in the asset neighbourhood

Schnabel, Inc. Employee Stock Ownership PlanSchnabel, Inc. Employee Stoc…$83MTwin Mro Employee Stock Ownership PlanTwin Mro Employee Stock Owne…$83MNew England Controls, Inc. Employee Stock Ownership PlanNew England Controls, Inc. E…$82MCarrier Process Equipment Group, Inc. Employee Stock Ownership PlanCarrier Process Equipment Gr…$82MEagle Alloy, Inc. Employee Stock Ownership PlanEagle Alloy, Inc. Employee S…$82M
End-of-year total assets ($M) among Twin Mro Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$82M
Net Income$33M
Employer EIN061188121
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Twin Manufacturing Company)

Sponsor-wide plan assets over time

All Twin Manufacturing Company plans reported in each filing year

Latest sponsor-wide plan assets
$106M 111.11378029760624% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $50.4M $106M ▲ +111.1%
Year Plans Participants Total Assets
2022 1 89 $50M
2023 1 93 $83M
2024 1 110 $106M

Nearby ESOP Plans in Connecticut

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

Twin Mro Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 0100200300400500600 0100200300400 Total assets ($M) Participants Twin Mro Employee Stock Ownership Plan, Total assets ($M): 82.993881 · Participants: 93Twin Mro Employee Stock Ownership PlanMott Corporation Employee Stock Ownership Plan, Total assets ($M): 360.458407 · Participants: 269Mott Corporation Employee Stock Ownership PlanSonalysts, Inc. Employee Stock Ownership Plan, Total assets ($M): 125.286205 · Participants: 418Sonalysts, Inc. Employee Stock Ownership PlanBl Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 113.226057 · Participants: 323Bl Companies, Inc. Employee Stock Ownership PlanEurpac Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 96.349012 · Participants: 529Eurpac Service, Inc. Employee Stock Ownership PlanHamilton Point Investments ESOP, Total assets ($M): 51.206792 · Participants: 95Hamilton Point Investments ESOP
Twin Mro Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
Compare Twin Mro Employee Stock Ownership Plan side-by-side with 3 peers →

Twin Mro Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Connecticut, the nearest ESOP by assets is Schnabel, Inc. Employee Stock Ownership Plan in VA ($83M); by covered participants it is Gerding Companies, Inc. Employee Stock Ownership Plan and Trust in OR (93 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (93 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Twin Mro Employee Stock Ownership Plan assets move in 2023? ▼
Twin Mro Employee Stock Ownership Plan surged - up 64.7% during 2023, from $50M to $83M. Reported net income was $33M.
How have Twin Manufacturing Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Twin Manufacturing Company's sponsor-wide assets grew 111.1%, from $50M to $106M.
Where does Twin Mro Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Twin Mro Employee Stock Ownership Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Twin Mro Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Schnabel, Inc. Employee Stock Ownership Plan in VA ($83M, 435 participants).
Which ESOP plans cover a similar participant headcount to Twin Mro Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gerding Companies, Inc. Employee Stock Ownership Plan and Trust in OR (93 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 061188121.

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.