ESOP · DOL Form 5500 · 2023

Metroconnections, Inc. ESOP

Data updated 2026-08-11

$14M
Total assets
71
Participants
66th
Percentile by assets
$201,131
Avg per participant
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Official DOL plan name: Metroconnections, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Metroconnections, Inc. · Minnesota · Professional & Technical Services

$14M in assets, 71 participants

Metroconnections, Inc.'s Metroconnections, Inc. Employee Stock Ownership Plan and Trust reported $14M in total assets and 71 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 127,072 plans)
  • #13,310 in Professional & Technical Services (20,321 peers)

Metroconnections, Inc. multi-year trail

Metroconnections, Inc.'s plans moved +204.4% in assets from 2022 to 2024; this filing shows Metroconnections, Inc. Employee Stock Ownership Plan and Trust at $14M / 71 participants.

$14M
total plan assets (2023 EOY)
71
covered participants
66th
percentile by assets (of 127,072 plans)
$201,131
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Metroconnections, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $1M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Metroconnections, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $8M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Metroconnections, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 70 in the plan year 2022 filing to 71 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Metroconnections, Inc. across 3 plan years on file

Across the 3 plan years Metroconnections, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $25M, a gain of 204.4%, while reported participants moved from 70 to 78 (+11.4%). Peak year by sponsor assets: 2024 ($25M); trough: 2022 ($8M).

Metroconnections, Inc. multi-year asset trail

$0M$10M$20M$30M 202220232024 $8.25M $25.1M ▲ +204.4%
Total plan assets by year, all Metroconnections, Inc. plans on file
Year Plans Participants Total Assets
2022 1 70 $8M
2023 1 71 $14M
2024 1 78 $25M

Metroconnections, Inc. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$14M
Net Income$6M
Employer EIN843892661
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Metroconnections, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants

Metroconnections, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Metroconnections, In…Andersen Corporation…Kingdom Enterprises,…Landscape Structures…Hormel Foods Corpora…Force America Inc. E…
Metroconnections, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Metroconnections, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Metroconnections, Inc. Employee Stock Ownership Plan and Trust assets move in 2023?
Metroconnections, Inc. Employee Stock Ownership Plan and Trust surged - up 73.1% during 2023, from $8M to $14M. Reported net income was $6M.
How have Metroconnections, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Metroconnections, Inc.'s sponsor-wide assets grew 204.4%, from $8M to $25M.
Which ESOP plans are similar in size to Metroconnections, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Coho Partners, Ltd ESOP Ownership Plan in PA ($14M, 26 participants).

Next read for Metroconnections, Inc. Employee Stock Ow…

Multi-year trail

Ways to act on Metroconnections, Inc. Employee Stock Ownership Plan and Trust's numbers.