ESOP · DOL Form 5500 · 2023

Mainely Tubs ESOP

Data updated 2026-08-25

$30M
Total assets Below avg plan size
66
Participants Small participant base
79th
Percentile by assets National rank
$452,501
Avg per participant High balance/head
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Official DOL plan name: Mainely Tubs Employee Stock Ownership Plan · Sponsored by Mainely Tubs · Maine · Retail Trade

$30M in assets, 66 participants

Mainely Tubs's Mainely Tubs Employee Stock Ownership Plan reported $30M in total assets and 66 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #7,370 in Retail Trade (8,414 peers)

Where Mainely Tubs Employee Stock Ownership Plan sits by assets

Mainely Tubs Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $30M for 66 participants (~$452,501/participant), down 25.1% in 2023.

#7,370
in Retail Trade (8,414 peers)
-25.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mainely Tubs Employee Stock Ownership Plan's outsized position by total assets

Mainely Tubs Employee Stock Ownership Plan vs every filed plan by assets

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

$29,865,069 Top 21% higher than 79% 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

Mainely Tubs 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. Mainely Tubs Employee Stock Ownership Plan is a small filing (66 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mainely Tubs Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2022 filing to -$10M in the plan year 2023 filing.
  • Mainely Tubs Employee Stock Ownership Plan end-of-year assets fell from $40M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Mainely Tubs Employee Stock Ownership Plan reported participants rose from 62 in the plan year 2022 filing to 66 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 010486185 · Mainely Tubs PY 2023 · ESOP

Mainely Tubs Employee Stock Ownership Plan · $30M · 66 · 79th

  • EIN $30M
  • EIN 66
  • EIN 79th
  • EIN ESOP
  • EIN near First National Bank of Bemidji Employee Stock Ownership Plan and Trust
  • EIN ind #7370

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 Maine →

Mainely Tubs Employee Stock Ownership Plan in the asset neighbourhood

Mainely Tubs Employee Stock Ownership PlanMainely Tubs Employee Stock …$30MFirst National Bank of Bemidji Employee Stock Ownership Plan and TrustFirst National Bank of Bemid…$30MParman Holdings Corporation Employee Stock Ownership PlanParman Holdings Corporation …$30MLodor Enterprises, Inc. Employee Stock Ownership PlanLodor Enterprises, Inc. Empl…$30MPtm Management Corp. Employee Stock Ownership PlanPtm Management Corp. Employe…$30M
End-of-year total assets ($M) among Mainely Tubs Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$27M
Net Income-$10M
Employer EIN010486185
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mainely Tubs)

Sponsor-wide plan assets over time

All Mainely Tubs plans reported in each filing year

Latest sponsor-wide plan assets
$24M 39.08047470849571% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $39.9M $24.3M ▼ -39.1%
Year Plans Participants Total Assets
2022 1 62 $40M
2023 1 66 $30M
2024 1 80 $24M

Nearby ESOP Plans in Maine

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

Mainely Tubs Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400500 20406080100 Total assets ($M) Participants Mainely Tubs Employee Stock Ownership Plan, Total assets ($M): 29.865069 · Participants: 66Mainely Tubs Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 95.45285 · Participants: 479Sc Holdings, Inc. Employee Stock Ownership PlanMaine Drilling & Blasting Group Employee Stock Ownership Plan, Total assets ($M): 84.621407 · Participants: 425Maine Drilling & Blasting Group Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 64.27302 · Participants: 249Johnnys Selected Seeds Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 47.084805 · Participants: 175Systems Engineering, Inc. Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 45.49657 · Participants: 85Portland Air Freight, Inc. Employee Stock Ownership Plan
Mainely Tubs Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Mainely Tubs Employee Stock Ownership Plan side-by-side with 3 peers →

Mainely Tubs Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is First National Bank of Bemidji Employee Stock Ownership Plan and Trust in MN ($30M); by covered participants it is Pete Moffat Construction Inc. Employee Stock Ownership Plan in CA (66 participants). Same-state nearby plans are listed separately above.

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 Mainely Tubs Employee Stock Ownership Plan assets move in 2023? ▼
Mainely Tubs Employee Stock Ownership Plan declined sharply - down 25.1% during 2023, from $40M to $30M. Reported net income was -$10M.
How have Mainely Tubs plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mainely Tubs's sponsor-wide assets declined 39.1%, from $40M to $24M.
Where does Mainely Tubs Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Mainely Tubs Employee Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Mainely Tubs Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is First National Bank of Bemidji Employee Stock Ownership Plan and Trust in MN ($30M, 99 participants).
Which ESOP plans cover a similar participant headcount to Mainely Tubs Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pete Moffat Construction Inc. Employee Stock Ownership Plan in CA (66 participants, $4M 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 010486185.

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.