ESOP · DOL Form 5500 · 2023

Meco of Atlanta, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
45
Participants Small participant base
28th
Percentile by assets National rank
$37,000
Avg per participant Low balance/head
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Official DOL plan name: Meco Employee Stock Ownership Plan · Sponsored by Meco of Atlanta, Inc. · Georgia · Wholesale Trade

$2M in assets, 45 participants

Meco of Atlanta, Inc.'s Meco Employee Stock Ownership Plan reported $2M in total assets and 45 participants in its 2023 DOL Form 5500 filing, ranking in the 28th 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.

  • #1,128 in Wholesale Trade (6,309 peers)

Meco of Atlanta, Inc. multi-year trail

Meco of Atlanta, Inc.'s plans moved -30.6% in assets from 2022 to 2024; this filing shows Meco Employee Stock Ownership Plan at $2M / 45 participants.

#1,128
in Wholesale Trade (6,309 peers)
-37.8%
assets change YoY

The plan reported a net loss of $639K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Meco Employee Stock Ownership Plan among the smaller filed plans by assets

Meco Employee Stock Ownership Plan vs every filed plan by assets

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

$1,665,000 28th percentile higher than 28% 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

Meco 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. Meco Employee Stock Ownership Plan is a small filing (45 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Meco Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to -$639K in the plan year 2023 filing.
  • Meco Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Meco Employee Stock Ownership Plan reported participants fell from 47 in the plan year 2022 filing to 45 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 581538893 · Meco of Atlanta, Inc. PY 2023 · ESOP

Meco Employee Stock Ownership Plan · $2M · 45 · 28th

  • EOY $2M
  • EOY 45
  • EOY 28th
  • EOY ESOP
  • EOY near American Telephone Employee Stock Ownership Plan
  • EOY ind #1128

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 Georgia →

Meco Employee Stock Ownership Plan in the asset neighbourhood

Meco Employee Stock Ownership PlanMeco Employee Stock Ownershi…$2MAmerican Telephone Employee Stock Ownership PlanAmerican Telephone Employee …$2MCentral Indiana Rubber Products, Inc. Employee Stock Ownership PlanCentral Indiana Rubber Produ…$2MGraham Chemical Corporation Employee Stock Ownership Plan and TrustGraham Chemical Corporation …$2MGeo Consultants Employee Stock Ownership PlanGeo Consultants Employee Sto…$2M
End-of-year total assets ($M) among Meco Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Meco of Atlanta, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Meco of Atlanta, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 30.605381165919283% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $2.68M $1.86M ▼ -30.6%
Year Plans Participants Total Assets
2022 1 47 $3M
2023 1 45 $2M
2024 1 39 $2M

Meco of Atlanta, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$9M
Net Income-$639K
Employer EIN581538893
Plan Effective Date2020-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Georgia

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

Meco Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Meco Employee Stock Ownership Plan, Total assets ($M): 1.665 · Participants: 45Meco Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 664.601691 · Participants: 1772Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 407.968435 · Participants: 454Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 366.989824 · Participants: 439Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 222.074562 · Participants: 424Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 208.200343 · Participants: 327Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Meco Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants

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

Outside Georgia, the nearest ESOP by assets is American Telephone Employee Stock Ownership Plan in AZ ($2M); by covered participants it is Dmb Corporation, Inc. ESOP in WI (45 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (45 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 Meco Employee Stock Ownership Plan assets move in 2023?
Meco Employee Stock Ownership Plan contracted severely - down 37.8% during 2023, from $3M to $2M. Reported net income was -$639K.
How have Meco of Atlanta, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Meco of Atlanta, Inc.'s sponsor-wide assets declined 30.6%, from $3M to $2M.
Which ESOP plans are similar in size to Meco Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is American Telephone Employee Stock Ownership Plan in AZ ($2M, 17 participants).
Which ESOP plans cover a similar participant headcount to Meco Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Dmb Corporation, Inc. ESOP in WI (45 participants, $6M in assets).