ESOP · DOL Form 5500 · 2023

Excel Machinery Employee Stock Ownership Plan ESOP

Data updated 2026-08-11

$25M
Total assets
93
Participants
77th
Percentile by assets
$270,967
Avg per participant
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Official DOL plan name: Excel Machinery Employee Stock Ownership Plan · Sponsored by Excel Machinery Employee Stock Ownership Plan · Texas · Manufacturing

$25M in assets, 93 participants

Excel Machinery Employee Stock Ownership Plan's Excel Machinery Employee Stock Ownership Plan reported $25M in total assets and 93 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 127,072 plans)
  • #12,659 in Manufacturing (18,722 peers)

Where Excel Machinery Employee Stock Ownership Plan sits by assets

Excel Machinery Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $25M for 93 participants (~$270,967/participant), down 5.0% in 2023.

$25M
total plan assets (2023 EOY)
93
covered participants
77th
percentile by assets (of 127,072 plans)
$270,967
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Excel Machinery Employee Stock Ownership Plan sits by total assets

Excel Machinery Employee Stock Ownership Plan vs every filed plan by assets

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

$25,199,901 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Excel Machinery Employee Stock Ownership Plan reported net income fell from -$381K in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Excel Machinery Employee Stock Ownership Plan end-of-year assets fell from $27M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Excel Machinery Employee Stock Ownership Plan reported participants rose from 90 in the plan year 2022 filing to 93 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Manufacturing

Excel Machinery Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Excel Machinery Employee Stock Ownership Plan outranks 77% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$25M
Net Income-$1M
Employer EIN860848813
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Excel Machinery Employee Stock Ownership Plan)

$24M$25M$26M$27M$28M$29M 202220232024 $26.5M $28M ▲ +5.6%
Total plan assets by year, all Excel Machinery Employee Stock Ownership Plan plans on file
Year Plans Participants Total Assets
2022 1 90 $27M
2023 1 93 $25M
2024 1 100 $28M

Nearby ESOP Plans in Texas

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

Excel Machinery Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -50510152025 Total assets ($B) Participants Excel Machinery Empl…, Total assets ($B): 0.025199901 · Participants: 93Excel Machinery Empl…Sammons Enterprises,…, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises,…Highland Homes Emplo…, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Emplo…Austin Industries Em…, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Em…Cactus Feeders, Inc.…, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc.…Lja Engineering, Inc…, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc…
Excel Machinery Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Excel Machinery Employee Stock Ownership… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Excel Machinery Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Excel Machinery Employee Stock Ownership Plan assets move in 2023? ▼
Excel Machinery Employee Stock Ownership Plan pulled back noticeably - down 5.0% during 2023, from $27M to $25M. Reported net income was -$1M.
How have Excel Machinery Employee Stock Ownership Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Excel Machinery Employee Stock Ownership Plan's sponsor-wide assets grew 5.6%, from $27M to $28M.
Where does Excel Machinery Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Excel Machinery Employee Stock Ownership Plan ranks in the 77th 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 Excel Machinery Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Elus Company Employee Stock Ownership Plan and Trust in OH ($25M, 20 participants).

Next read for Excel Machinery Employee Stock Ownership…

Scale reading

Ways to act on Excel Machinery Employee Stock Ownership Plan's numbers.

  • By total assets, Excel Machinery Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Texas. Compare plans
  • Excel Machinery Employee Stock Ownership Plan's sponsor-wide assets have grown 5.6% since 2022 across 3 plan years on file. More Manufacturing plans

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 860848813.

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.