ESOP · DOL Form 5500 · 2023

Worcester Manufacturing, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
40
Participants Small participant base
47th
Percentile by assets National rank
$146,300
Avg per participant Above avg balance/head
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Official DOL plan name: Worcester Manufacturing, Inc. ESOP · Sponsored by Worcester Manufacturing, Inc. · Massachusetts · Manufacturing

$6M in assets, 40 participants

Worcester Manufacturing, Inc.'s Worcester Manufacturing, Inc. ESOP reported $6M in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,819 in Manufacturing (18,722 peers)

2023 asset change

Worcester Manufacturing, Inc. ESOP pulled back noticeably 8.8% in 2023 ($6M → $6M) for 40 participants.

#5,819
in Manufacturing (18,722 peers)
-8.8%
assets change YoY

The plan reported a net loss of $780K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Worcester Manufacturing, Inc. ESOP's mid-pack asset rank among Manufacturing and all filers

Worcester Manufacturing, Inc. ESOP vs every filed plan by assets

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

$5,852,000 47th percentile higher than 47% 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

Worcester Manufacturing, Inc. ESOP among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Worcester Manufacturing, Inc. ESOP is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Worcester Manufacturing, Inc. ESOP reported net income fell from $421K in the plan year 2022 filing to -$780K in the plan year 2023 filing.
  • Worcester Manufacturing, Inc. ESOP reported participants fell from 50 in the plan year 2022 filing to 40 in the plan year 2023 filing.
  • Worcester Manufacturing, Inc. ESOP end-of-year assets fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 042895731 · Worcester Manufacturing, Inc. PY 2023 · ESOP

Worcester Manufacturing, Inc. ESOP · $6M · 40 · 47th

  • VS-ST $6M
  • VS-ST 40
  • VS-ST 47th
  • VS-ST ESOP
  • VS-ST near French Associates, Inc. Employee Stock Ownership Plan
  • VS-ST ind #5819

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 Massachusetts →

Worcester Manufacturing, Inc. ESOP in the asset neighbourhood

Barnes, Inc. Employee Stock Ownership PlanBarnes, Inc. Employee Stock …$6MHarris Group Inc. Employee Stock Ownership PlanHarris Group Inc. Employee S…$6MWorcester Manufacturing, Inc. ESOPWorcester Manufacturing, Inc…$6MFrench Associates, Inc. Employee Stock Ownership PlanFrench Associates, Inc. Empl…$6MGreat Southern Capital Corporation Employee Stock Ownership PlanGreat Southern Capital Corpo…$6M
End-of-year total assets ($M) among Worcester Manufacturing, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Worcester Manufacturing, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Worcester Manufacturing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 9.096573208722742% vs 2022
2024 filing year
$5.6M$5.8M$6M$6.2M$6.4M$6.6M 202220232024 $6.42M $5.84M ▼ -9.0%
Year Plans Participants Total Assets
2022 1 50 $6M
2023 1 40 $6M
2024 1 41 $6M

2023 asset-move particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$4M
Net Income-$780K
Employer EIN042895731
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Massachusetts

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

Worcester Manufacturing, Inc. ESOP vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Worcester Manufacturing, Inc. ESOP, Total assets ($M): 5.852 · Participants: 40Worcester Manufacturing, Inc. ESOPConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 611.879597 · Participants: 1511Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 349.164775 · Participants: 174The Gillette Company Employee Stock Ownership PlanShawmut Group Employee Stock Ownership Plan, Total assets ($M): 274.195602 · Participants: 716Shawmut Group Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 244.511447 · Participants: 641First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 213.345202 · Participants: 1778Eastern Bank Employee Stock Ownership Plan
Worcester Manufacturing, Inc. ESOP vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Worcester Manufacturing, Inc. ESOP side-by-side with 3 peers →

Worcester Manufacturing, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Massachusetts, the nearest ESOP by assets is French Associates, Inc. Employee Stock Ownership Plan in MI ($6M); by covered participants it is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY (40 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (40 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 Worcester Manufacturing, Inc. ESOP assets move in 2023? ▼
Worcester Manufacturing, Inc. ESOP pulled back noticeably - down 8.8% during 2023, from $6M to $6M. Reported net income was -$780K.
How have Worcester Manufacturing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Worcester Manufacturing, Inc.'s sponsor-wide assets declined 9.1%, from $6M to $6M.
Which ESOP plans are similar in size to Worcester Manufacturing, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is French Associates, Inc. Employee Stock Ownership Plan in MI ($6M, 18 participants).
Which ESOP plans cover a similar participant headcount to Worcester Manufacturing, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY (40 participants, $2M 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 042895731.

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.