ESOP · DOL Form 5500 · 2023

Mayville Engineering Company, Inc. ESOP

Data updated 2026-08-25

$59M
Total assets Below avg plan size
1,931
Participants Near avg headcount
87th
Percentile by assets National rank
$30,338
Avg per participant Low balance/head
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Official DOL plan name: Mayville Engineering Company, Inc. Employee Stock Ownership Plan · Sponsored by Mayville Engineering Company, Inc. · Wisconsin · Manufacturing

$59M in assets, 1,931 participants

Mayville Engineering Company, Inc.'s Mayville Engineering Company, Inc. Employee Stock Ownership Plan reported $59M in total assets and 1,931 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,190 in Manufacturing (18,722 peers)

Coverage in Wisconsin

Mayville Engineering Company, Inc. Employee Stock Ownership Plan covers 1,931 participants in Wisconsin, 3.4x the typical Wisconsin plan (state average ~563 per filing). Assets: $59M.

#15,190
in Manufacturing (18,722 peers)
-18.6%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mayville Engineering Company, Inc. Employee Stock Ownership Plan's outsized position by total assets

Mayville Engineering Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$58,582,447 Top 13% higher than 87% 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

Mayville Engineering Company, Inc. Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mayville Engineering Company, Inc. Employee Stock Ownership Plan lands in the large band (1,931 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mayville Engineering Company, Inc. Employee Stock Ownership Plan reported net income rose from -$30M in the plan year 2022 filing to -$11M in the plan year 2023 filing.
  • Mayville Engineering Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $72M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Mayville Engineering Company, Inc. Employee Stock Ownership Plan reported participants rose from 1,879 in the plan year 2022 filing to 1,931 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 390944729 · Mayville Engineering Company, Inc. PY 2023 · ESOP

Mayville Engineering Company, Inc. Employee Stock Ownership Plan · $59M · 1,931 · 87th

  • BOOK $59M
  • BOOK 1,931
  • BOOK 87th
  • BOOK ESOP
  • BOOK near The Cornwell Quality Tools Company Employee Stock Ownership Plan
  • BOOK ind #15190

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 Wisconsin →

Mayville Engineering Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Holloman Corporation Employee Stock Ownership PlanHolloman Corporation Employe…$59MProvident Bank Employee Stock Ownership PlanProvident Bank Employee Stoc…$59MPpic Employee Stock Ownership PlanPpic Employee Stock Ownershi…$59MMayville Engineering Company, Inc. Employee Stock Ownership PlanMayville Engineering Company…$59MThe Cornwell Quality Tools Company Employee Stock Ownership PlanThe Cornwell Quality Tools C…$58M
End-of-year total assets ($M) among Mayville Engineering Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Wisconsin filing particulars

Total Assets (Beginning of Year)$72M
Net Assets (End of Year)$59M
Net Income-$11M
Employer EIN390944729
Plan Effective Date1959-05-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayville Engineering Company, Inc.)

Sponsor-wide plan assets over time

All Mayville Engineering Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$211M 11.16642580327986% vs 2022
2024 filing year
$180M$190M$200M$210M$220M 202220232024 $190M $211M ▲ +11.2%
Year Plans Participants Total Assets
2022 2 4,063 $190M
2023 2 4,462 $208M
2024 2 4,659 $211M

Nearby ESOP Plans in Wisconsin

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

Mayville Engineering Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Mayville Engineering Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.058582447 · Participants: 1931Mayville Engineering Company, Inc. Employee Stock Ownership PlanSchreiber Foods, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.551413763 · Participants: 6108Schreiber Foods, Inc. Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.700244908 · Participants: 2837Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.511365241 · Participants: 1624Ki Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.331023295 · Participants: 228Trachte Building Systems Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.31506565 · Participants: 808Wausau Supply Company Employee Stock Ownership Plan
Mayville Engineering Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants

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

Outside Wisconsin, the nearest ESOP by assets is The Cornwell Quality Tools Company Employee Stock Ownership Plan in OH ($58M); by covered participants it is Dcs Corporation Restated Employee Stock Ownership Plan in VA (1,932 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,931 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 Mayville Engineering Company, Inc. Employee Stock Ownership Plan assets move in 2023?
Mayville Engineering Company, Inc. Employee Stock Ownership Plan declined sharply - down 18.6% during 2023, from $72M to $59M. Reported net income was -$11M.
How have Mayville Engineering Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mayville Engineering Company, Inc.'s sponsor-wide assets grew 11.2%, from $190M to $211M.
Where does Mayville Engineering Company, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Mayville Engineering Company, Inc. Employee Stock Ownership Plan ranks in the 87th 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 Mayville Engineering Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is The Cornwell Quality Tools Company Employee Stock Ownership Plan in OH ($58M, 345 participants).
Which ESOP plans cover a similar participant headcount to Mayville Engineering Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Dcs Corporation Restated Employee Stock Ownership Plan in VA (1,932 participants, $159M in assets).