ESOP · DOL Form 5500 · 2023

Midwest Wheel Companies, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
293
Participants Below avg headcount
63rd
Percentile by assets National rank
$40,947
Avg per participant Low balance/head
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Official DOL plan name: Midwest Wheel Companies Employee Stock Ownership Plan · Sponsored by Midwest Wheel Companies, Inc. · Iowa · Wholesale Trade

$12M in assets, 293 participants

Midwest Wheel Companies, Inc.'s Midwest Wheel Companies Employee Stock Ownership Plan reported $12M in total assets and 293 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • #3,496 in Wholesale Trade (6,309 peers)

Coverage in Iowa

Midwest Wheel Companies Employee Stock Ownership Plan covers 293 participants in Iowa, about 48% of the average Iowa filer (state average ~609 per filing). Assets: $12M.

#3,496
in Wholesale Trade (6,309 peers)
+28.7%
assets growth YoY

Midwest Wheel Companies Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

Midwest Wheel Companies Employee Stock Ownership Plan vs every filed plan by assets

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

$11,997,566 Top 37% higher than 63% 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

Midwest Wheel Companies Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Wheel Companies Employee Stock Ownership Plan sits mid-pack in the medium band (293 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Wheel Companies Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Midwest Wheel Companies Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Midwest Wheel Companies Employee Stock Ownership Plan reported participants rose from 275 in the plan year 2022 filing to 293 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 420842439 · Midwest Wheel Companies, Inc. PY 2023 · ESOP

Midwest Wheel Companies Employee Stock Ownership Plan · $12M · 293 · 63rd

  • SCH $12M
  • SCH 293
  • SCH 63rd
  • SCH ESOP
  • SCH near Southside Bancshares, Inc. Employee Stock Ownership Plan
  • SCH ind #3496

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 Iowa →

Midwest Wheel Companies Employee Stock Ownership Plan in the asset neighbourhood

Azon USA, Inc. Employee Stock Ownership PlanAzon USA, Inc. Employee Stoc…$12MHarris & Ruth Painting Contracting Employee Stock Ownership PlanHarris & Ruth Painting Contr…$12MMidwest Wheel Companies Employee Stock Ownership PlanMidwest Wheel Companies Empl…$12MSouthside Bancshares, Inc. Employee Stock Ownership PlanSouthside Bancshares, Inc. E…$12MVance Metal Fabricators, Inc. Employee Stock Ownership PlanVance Metal Fabricators, Inc…$12M
End-of-year total assets ($M) among Midwest Wheel Companies Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN420842439
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Wheel Companies, Inc.)

Sponsor-wide plan assets over time

All Midwest Wheel Companies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 33.6405152514962% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $20.3M $27.2M ▲ +33.6%
Year Plans Participants Total Assets
2022 2 526 $20M
2023 2 562 $25M
2024 2 594 $27M

Nearby ESOP Plans in Iowa

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

Midwest Wheel Companies Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 20040060080010001200 -20002004006008001000 Total assets ($M) Participants Midwest Wheel Companies Employee Stock Ownership Plan, Total assets ($M): 11.997566 · Participants: 293Midwest Wheel Companies Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership Plan
Midwest Wheel Companies Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Midwest Wheel Companies Employee Stock Ownership Plan side-by-side with 3 peers →

Midwest Wheel Companies Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Southside Bancshares, Inc. Employee Stock Ownership Plan in TX ($12M); by covered participants it is Pinnacle Solutions, Inc. Employee Stock Ownership Plan in AL (293 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (293 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 Midwest Wheel Companies Employee Stock Ownership Plan assets move in 2023? ▼
Midwest Wheel Companies Employee Stock Ownership Plan grew sharply - up 28.7% during 2023, from $9M to $12M. Reported net income was $3M.
How have Midwest Wheel Companies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Wheel Companies, Inc.'s sponsor-wide assets grew 33.6%, from $20M to $27M.
Which ESOP plans are similar in size to Midwest Wheel Companies Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Southside Bancshares, Inc. Employee Stock Ownership Plan in TX ($12M, 694 participants).
Which ESOP plans cover a similar participant headcount to Midwest Wheel Companies Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pinnacle Solutions, Inc. Employee Stock Ownership Plan in AL (293 participants, $107M 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 420842439.

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.