ESOP · DOL Form 5500 · 2023

Morrissey Inc ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
85
Participants Small participant base
38th
Percentile by assets National rank
$40,750
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Morrissey, Inc. Employee Stock Ownership Plan · Sponsored by Morrissey Inc · Minnesota · Manufacturing

$3M in assets, 85 participants

Morrissey Inc's Morrissey, Inc. Employee Stock Ownership Plan reported $3M in total assets and 85 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

  • #3,965 in Manufacturing (18,722 peers)

Morrissey Inc multi-year trail

Morrissey Inc's plans moved -61.0% in assets from 2022 to 2024; this filing shows Morrissey, Inc. Employee Stock Ownership Plan at $3M / 85 participants.

#3,965
in Manufacturing (18,722 peers)
-6.2%
assets change YoY

The plan reported a net loss of $229K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Morrissey, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Morrissey, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,463,718 38th percentile higher than 38% 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

Morrissey, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morrissey, Inc. Employee Stock Ownership Plan is a small filing (85 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Morrissey, Inc. Employee Stock Ownership Plan reported net income fell from $996K in the plan year 2022 filing to -$229K in the plan year 2023 filing.
  • Morrissey, Inc. Employee Stock Ownership Plan reported participants rose from 72 in the plan year 2022 filing to 85 in the plan year 2023 filing.
  • Morrissey, Inc. Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410854933 · Morrissey Inc PY 2023 · ESOP

Morrissey, Inc. Employee Stock Ownership Plan · $3M · 85 · 38th

  • IND $3M
  • EOY 85
  • 5500 38th
  • ASSETS ESOP
  • PCT near Illinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust II
  • EIN ind #3965

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 Minnesota →

Morrissey, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Illinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust IIIllinois Oil Marketing Equip…$3MMorrissey, Inc. Employee Stock Ownership PlanMorrissey, Inc. Employee Sto…$3MDiamond Screw Products, Inc. Employee Stock Ownership PlanDiamond Screw Products, Inc.…$3MFast Electrical Contractors, Inc. Employee Stock Ownership PlanFast Electrical Contractors,…$3MThe Elm Group, Inc. Employee Stock Ownership PlanThe Elm Group, Inc. Employee…$3M
End-of-year total assets ($M) among Morrissey, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Morrissey Inc multi-year asset trail

Sponsor-wide plan assets over time

All Morrissey Inc plans reported in each filing year

Latest sponsor-wide plan assets
$4M 60.97028249094224% vs 2022
2024 filing year
$2M$4M$6M$8M$10M 202220232024 $9.05M $3.53M ▼ -61.0%
Year Plans Participants Total Assets
2022 2 163 $9M
2023 1 85 $3M
2024 1 78 $4M

Morrissey Inc filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$229K
Employer EIN410854933
Plan Effective Date1979-06-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Morrissey, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Morrissey, Inc. Employee Stock Ownership Plan, Total assets ($M): 3.463718 · Participants: 85Morrissey, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Morrissey, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Morrissey, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Illinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust II in IL ($3M); by covered participants it is Citadel Environmental Services, Inc. Employee Stock Ownership Plan in CA (85 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (85 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 Morrissey, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Morrissey, Inc. Employee Stock Ownership Plan pulled back noticeably - down 6.2% during 2023, from $4M to $3M. Reported net income was -$229K.
How have Morrissey Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Morrissey Inc's sponsor-wide assets declined 61.0%, from $9M to $4M.
Which ESOP plans are similar in size to Morrissey, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Illinois Oil Marketing Equipment, Inc. Employee Stock Ownership Plan and Trust II in IL ($3M, 59 participants).
Which ESOP plans cover a similar participant headcount to Morrissey, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Citadel Environmental Services, Inc. Employee Stock Ownership Plan in CA (85 participants, $9M 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 410854933.

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.