ESOP · DOL Form 5500 · 2023

Mayo Construction Company, Inc. ESOP

Data updated 2026-08-25

$45M
Total assets Below avg plan size
155
Participants Small participant base
84th
Percentile by assets National rank
$290,389
Avg per participant High balance/head
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Official DOL plan name: Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Mayo Construction Company, Inc. · North Dakota · Construction

$45M in assets, 155 participants

Mayo Construction Company, Inc.'s Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust reported $45M in total assets and 155 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,436 in Construction (9,030 peers)

Coverage in North Dakota

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust covers 155 participants in North Dakota, about 31% of the average North Dakota filer (state average ~504 per filing). Assets: $45M.

#7,436
in Construction (9,030 peers)
+14.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$45,010,254 Top 16% higher than 84% 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

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust 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. Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (155 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 113 in the plan year 2022 filing to 155 in the plan year 2023 filing.
  • Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $39M in the plan year 2022 filing to $45M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 450351973 · Mayo Construction Company, Inc. PY 2023 · ESOP

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust · $45M · 155 · 84th

  • ASSETS $45M
  • ASSETS 155
  • ASSETS 84th
  • ASSETS ESOP
  • ASSETS near J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan
  • ASSETS ind #7436

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 Dakota →

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Superior Consolidated Industries, Inc. Employee Stock Ownership Plan and TrustSuperior Consolidated Indust…$45MAdvance Capital Group, Inc. Employee Stock Ownership PlanAdvance Capital Group, Inc. …$45MJ.F.N. Mechanical Contracting, Inc. Employee Stock Ownership PlanJ.F.N. Mechanical Contractin…$45MMayo Construction Company, Inc. Employee Stock Ownership Plan and TrustMayo Construction Company, I…$45MSupreme Group, Inc. Employee Stock Ownership PlanSupreme Group, Inc. Employee…$45M
End-of-year total assets ($M) among Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

North Dakota filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$41M
Net Income$6M
Employer EIN450351973
Plan Effective Date2012-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayo Construction Company, Inc.)

Sponsor-wide plan assets over time

All Mayo Construction Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$44M 13.275130104097027% vs 2022
2024 filing year
$38M$40M$42M$44M$46M 202220232024 $39.3M $44.5M ▲ +13.3%
Year Plans Participants Total Assets
2022 1 113 $39M
2023 1 155 $45M
2024 1 109 $44M

Nearby ESOP Plans in North Dakota

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

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.045010254 · Participants: 155Mayo Construction Company, Inc. Employee Stock Ownership Plan and TrustBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.176759361 · Participants: 2973Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.837710398 · Participants: 4597Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229795263 · Participants: 767Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.158672448 · Participants: 901Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.086685795 · Participants: 90Frontier Precision, Inc Employee Stock Ownership Plan
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in North Dakota, assets vs. participants

Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan in AZ ($45M); by covered participants it is Abbey Paving and Sealcoating Co. Employee Stock Ownership Plan in IL (155 participants). Same-state nearby plans are listed separately above.

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 Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust assets move in 2023?
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 14.6% during 2023, from $39M to $45M. Reported net income was $6M.
How have Mayo Construction Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mayo Construction Company, Inc.'s sponsor-wide assets grew 13.3%, from $39M to $44M.
Where does Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan in AZ ($45M, 218 participants).
Which ESOP plans cover a similar participant headcount to Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Abbey Paving and Sealcoating Co. Employee Stock Ownership Plan in IL (155 participants, $43M in assets).