ESOP · DOL Form 5500 · 2023

Midan Marketing, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
115
Participants Small participant base
31st
Percentile by assets National rank
$19,035
Avg per participant Low balance/head
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Official DOL plan name: Midan Marketing Inc. Employee Stock Ownership Plan · Sponsored by Midan Marketing, Inc. · North Carolina · Professional & Technical Services

$2M in assets, 115 participants

Midan Marketing, Inc.'s Midan Marketing Inc. Employee Stock Ownership Plan reported $2M in total assets and 115 participants in its 2023 DOL Form 5500 filing, ranking in the 31st 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.

  • #5,611 in Professional & Technical Services (20,321 peers)

Coverage in North Carolina

Midan Marketing Inc. Employee Stock Ownership Plan covers 115 participants in North Carolina, about 14% of the average North Carolina filer (state average ~819 per filing). Assets: $2M.

#5,611
in Professional & Technical Services (20,321 peers)
-56.9%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midan Marketing Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Midan Marketing Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,189,000 31st percentile higher than 31% 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

Midan Marketing Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midan Marketing Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (115 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midan Marketing Inc. Employee Stock Ownership Plan reported net income fell from $473K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Midan Marketing Inc. Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Midan Marketing Inc. Employee Stock Ownership Plan reported participants rose from 95 in the plan year 2022 filing to 115 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 201811312 · Midan Marketing, Inc. PY 2023 · ESOP

Midan Marketing Inc. Employee Stock Ownership Plan · $2M · 115 · 31st

  • EOY $2M
  • EOY 115
  • EOY 31st
  • EOY ESOP
  • EOY near Forge Group, Inc. ESOP
  • EOY ind #5611

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 North Carolina →

Midan Marketing Inc. Employee Stock Ownership Plan in the asset neighbourhood

Knit Employee Stock Ownership PlanKnit Employee Stock Ownershi…$2MMidan Marketing Inc. Employee Stock Ownership PlanMidan Marketing Inc. Employe…$2MForge Group, Inc. ESOP$2MPhi Employee Stock Ownership PlanPhi Employee Stock Ownership…$2MThe Vault Employee Stock Ownership PlanThe Vault Employee Stock Own…$2M
End-of-year total assets ($M) among Midan Marketing Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$2M
Net Income-$2M
Employer EIN201811312
Plan Effective Date2021-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Midan Marketing, Inc.)

Sponsor-wide plan assets over time

All Midan Marketing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 31.1423662047358% vs 2022
2024 filing year
$8M$10M$12M$14M$16M 202220232024 $14.3M $9.84M ▼ -31.1%
Year Plans Participants Total Assets
2022 2 187 $14M
2023 2 246 $13M
2024 2 120 $10M

Nearby ESOP Plans in North Carolina

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

Midan Marketing Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 -50050100150200 Total assets ($M) Participants Midan Marketing Inc. Employee Stock Ownership Plan, Total assets ($M): 2.189 · Participants: 115Midan Marketing Inc. Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, Inc. Employee Stock Ownership Plan
Midan Marketing Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Midan Marketing Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Midan Marketing Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Forge Group, Inc. ESOP in MA ($2M); by covered participants it is Northeast Community Bank Employee Stock Ownership Plan in NY (115 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (115 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 Midan Marketing Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Midan Marketing Inc. Employee Stock Ownership Plan contracted severely - down 56.9% during 2023, from $5M to $2M. Reported net income was -$2M.
How have Midan Marketing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midan Marketing, Inc.'s sponsor-wide assets declined 31.1%, from $14M to $10M.
Which ESOP plans are similar in size to Midan Marketing Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Forge Group, Inc. ESOP in MA ($2M, 20 participants).
Which ESOP plans cover a similar participant headcount to Midan Marketing Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Northeast Community Bank Employee Stock Ownership Plan in NY (115 participants, $24M 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 201811312.

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.