ESOP · DOL Form 5500 · 2023

Excel Machinery Employee Stock Ownership Plan ESOP

Data updated 2026-08-25

$25M
Total assets Below avg plan size
93
Participants Small participant base
77th
Percentile by assets National rank
$270,967
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#12,659
in Manufacturing (18,722 peers)
-5.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

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.

Excel Machinery Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Excel Machinery 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. Excel Machinery Employee Stock Ownership Plan is a small filing (93 participants) on this national headcount ladder.

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 →

Form 5500 schedule snapshot

Filing strip 860848813 · Excel Machinery Employee Stock Ownership Plan PY 2023 · ESOP

Excel Machinery Employee Stock Ownership Plan · $25M · 93 · 77th

  • PART $25M
  • PART 93
  • PART 77th
  • PART ESOP
  • PART near Elus Company Employee Stock Ownership Plan and Trust
  • PART ind #12659

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 Texas →

Excel Machinery Employee Stock Ownership Plan in the asset neighbourhood

Poblocki Paving Corp. Employee Stock Ownership PlanPoblocki Paving Corp. Employ…$25MPride Mobility Employee Stock Ownership Retirement PlanPride Mobility Employee Stoc…$25MElus Company Employee Stock Ownership Plan and TrustElus Company Employee Stock …$25MExcel Machinery Employee Stock Ownership PlanExcel Machinery Employee Sto…$25MMystic Stamp Company Inc. Employee Stock Ownership PlanMystic Stamp Company Inc. Em…$25M
End-of-year total assets ($M) among Excel Machinery 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)$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)

Sponsor-wide plan assets over time

All Excel Machinery Employee Stock Ownership Plan plans reported in each filing year

Latest sponsor-wide plan assets
$28M 5.628553338473882% vs 2022
2024 filing year
$24M$25M$26M$27M$28M$29M 202220232024 $26.5M $28M ▲ +5.6%
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 ($B) Participants Excel Machinery Employee Stock Ownership Plan, Total assets ($B): 0.025199901 · Participants: 93Excel Machinery Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
Excel Machinery Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Excel Machinery Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Texas, the nearest ESOP by assets is Elus Company Employee Stock Ownership Plan and Trust in OH ($25M); by covered participants it is Twin Mro Employee Stock Ownership Plan in CT (93 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 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).
Which ESOP plans cover a similar participant headcount to Excel Machinery Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Twin Mro Employee Stock Ownership Plan in CT (93 participants, $83M 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 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.