ESOP · DOL Form 5500 · 2023

Memphis Equipment Company, Inc. ESOP

Data updated 2026-08-11

$6M
Total assets
29
Participants
47th
Percentile by assets
$195,553
Avg per participant
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Official DOL plan name: Memphis Equipment Company ESOP · Sponsored by Memphis Equipment Company, Inc. · Tennessee · Retail Trade

$6M in assets, 29 participants

Memphis Equipment Company, Inc.'s Memphis Equipment Company ESOP reported $6M in total assets and 29 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • 47th percentile by assets (of 127,072 plans)
  • #4,811 in Retail Trade (8,414 peers)

What the 2023 filing shows

Memphis Equipment Company ESOP holds $6M for 29 participants - about $195,553 per participant, in the lower half of filed plans by assets.

$6M
total plan assets (2023 EOY)
29
covered participants
47th
percentile by assets (of 127,072 plans)
$195,553
avg assets per participant

Where Memphis Equipment Company ESOP sits by total assets

Memphis Equipment Company ESOP vs every filed plan by assets

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

$5,671,029 47th percentile higher than 47% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Memphis Equipment Company ESOP reported participants fell from 33 in the plan year 2022 filing to 29 in the plan year 2023 filing.
  • Memphis Equipment Company ESOP end-of-year assets rose from $5M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Tennessee
Industry
Retail Trade

ESOP filing for Memphis Equipment Company ESOP

ESOP filing for plan year 2023: EIN 620433104 ; effective since 1995-12-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.

Filing particulars (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$214K
Employer EIN620433104
Plan Effective Date1995-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Memphis Equipment Company, Inc.)

$5.4M$5.5M$5.6M$5.7M 202220232024 $5.46M $5.43M ▼ -0.5%
Total plan assets by year, all Memphis Equipment Company, Inc. plans on file
Year Plans Participants Total Assets
2022 1 33 $5M
2023 1 29 $6M
2024 1 27 $5M

Nearby ESOP Plans in Tennessee

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

Memphis Equipment Company ESOP vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400500 Total assets ($M) Participants Memphis Equipment Co…, Total assets ($M): 5.671029 · Participants: 29Memphis Equipment Co…Barr Brands Internat…, Total assets ($M): 426.710102 · Participants: 401Barr Brands Internat…Zander Group Holding…, Total assets ($M): 221.11771 · Participants: 190Zander Group Holding…National Health Corp…, Total assets ($M): 144.306423 · Participants: 1470National Health Corp…3ls, Inc. Employee S…, Total assets ($M): 133.506002 · Participants: 4243ls, Inc. Employee S…Smith Seckman Reid, …, Total assets ($M): 99.459001 · Participants: 483Smith Seckman Reid, …
Memphis Equipment Company ESOP vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare Memphis Equipment Company ESOP side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Memphis Equipment Company ESOP by total assets, not by location.

Frequently Asked Questions

How did Memphis Equipment Company ESOP assets move in 2023? ▼
Memphis Equipment Company ESOP edged up modestly - up 3.9% during 2023, from $5M to $6M. Reported net income was $214K.
How have Memphis Equipment Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Memphis Equipment Company, Inc.'s sponsor-wide assets declined 0.5%, from $5M to $5M.
Which ESOP plans are similar in size to Memphis Equipment Company ESOP? ▼
Among ESOP plans in other states, the closest by assets is Dmb Corporation, Inc. ESOP in WI ($6M, 45 participants).

Next read for Memphis Equipment Company ESOP

Filing takeaways

Ways to act on Memphis Equipment Company ESOP's numbers.

  • By total assets, Memphis Equipment Company ESOP ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
  • Memphis Equipment Company, Inc.'s sponsor-wide assets have declined 0.5% since 2022 across 3 plan years on file. More Retail Trade plans

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 620433104.

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.