ESOP · DOL Form 5500 · 2023
Reed and Reed ESOP
Data updated 2026-08-11
- $13M
- Total assets
- 134
- Participants
- 65th
- Percentile by assets
- $100,736
- Avg per participant
Official DOL plan name: Reed & Reed, Inc. Employee Stock Ownership Plan · Sponsored by Reed and Reed · Maine · Construction
$13M in assets, 134 participants
Reed and Reed's Reed & Reed, Inc. Employee Stock Ownership Plan reported $13M in total assets and 134 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.
- 65th percentile by assets (of 127,072 plans)
- #5,741 in Construction (9,030 peers)
Coverage in Maine
Reed & Reed, Inc. Employee Stock Ownership Plan covers 134 participants in Maine, about 28% of the average Maine filer (state average ~472 per filing). Assets: $13M.
- $13M
- total plan assets (2023 EOY)
- 134
- covered participants
- 65th
- percentile by assets (of 127,072 plans)
- $100,736
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Reed & Reed, Inc. Employee Stock Ownership Plan reported net income rose from $97K in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Reed & Reed, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $13M in the plan year 2023 filing.
- Reed & Reed, Inc. Employee Stock Ownership Plan reported participants fell from 141 in the plan year 2022 filing to 134 in the plan year 2023 filing.
Participants vs Maine filers
In Maine, the average filing covers about 472 participants across 561 plans. Reed & Reed, Inc. Employee Stock Ownership Plan reports 134 participants - about 28% of that state average ($13M EOY assets).
Maine filing particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $13M |
| Net Income | $4M |
| Employer EIN | 010378835 |
| Plan Effective Date | 2016-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Reed and Reed)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 292 | $42M |
| 2023 | 2 | 277 | $50M |
| 2024 | 2 | 312 | $63M |
Nearby ESOP Plans in Maine
Peer ESOP plans, same state, same plan type, ranked by total assets.
Reed & Reed, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
- Sc Holdings, Inc. Employee Stock Ownership Plan $95M · 479
- Maine Drilling & Blasting Group Employee Stock Ownership Plan $85M · 425
- Johnnys Selected Seeds Employee Stock Ownership Plan $64M · 249
- Systems Engineering, Inc. Employee Stock Ownership Plan $47M · 175
- Portland Air Freight, Inc. Employee Stock Ownership Plan $45M · 85
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Reed & Reed, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Reed & Reed, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Reed & Reed, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Maine. Compare plans
- Reed and Reed's sponsor-wide assets have grown 48.9% since 2022 across 3 plan years on file. More Construction plans