ESOP · DOL Form 5500 · 2023

Twin Manufacturing Company ESOP

Data updated 2026-08-11

$83M
Total assets
93
Participants
90th
Percentile by assets
$892,407
Avg per participant
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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.

  • 90th percentile by assets (of 127,072 plans)
  • #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.

$83M
total plan assets (2023 EOY)
93
covered participants
90th
percentile by assets (of 127,072 plans)
$892,407
avg assets per participant

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 →

State
Industry

Twin Mro Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Twin Mro Employee Stock Ownership Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

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)

$40M$60M$80M$100M$120M 202220232024 $50.4M $106M ▲ +111.1%
Total plan assets by year, all Twin Manufacturing Company plans on file
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

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 St…Mott Corporation Emp…Sonalysts, Inc. Empl…Bl Companies, Inc. E…Eurpac Service, Inc.…Hamilton Point Inves…
Twin Mro Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Twin Mro Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Twin Mro Employee Stock Ownership Plan

Scale reading

Ways to act on Twin Mro Employee Stock Ownership Plan's numbers.

  • By total assets, Twin Mro Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Connecticut. Compare plans
  • Twin Manufacturing Company's sponsor-wide assets have grown 111.1% since 2022 across 3 plan years on file. More Manufacturing plans