ESOP · DOL Form 5500 · 2023
Maine Coast Sea Vegetables, Inc. ESOP
Data updated 2026-08-25
- $492K
- Total assets Small plan by assets
- 14
- Participants Small participant base
- 18th
- Percentile by assets National rank
- $35,143
- Avg per participant Low balance/head
Official DOL plan name: Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan · Sponsored by Maine Coast Sea Vegetables, Inc. · Maine · Manufacturing
$492K in assets, 14 participants
Maine Coast Sea Vegetables, Inc.'s Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan reported $492K in total assets and 14 participants in its 2023 DOL Form 5500 filing, ranking in the 18th 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.
- #1,341 in Manufacturing (18,722 peers)
2023 asset change
Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan pulled back noticeably 10.0% in 2023 ($547K → $492K) for 14 participants.
- #1,341
- in Manufacturing (18,722 peers)
- -10.0%
- assets change YoY
The plan reported a net loss of $54K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets
Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$492,000 18th percentile higher than 18% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Maine Coast Sea Vegetables, 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. Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan is a small filing (14 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan reported net income fell from $120K in the plan year 2022 filing to -$54K in the plan year 2023 filing.
- Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan reported participants fell from 16 in the plan year 2022 filing to 14 in the plan year 2023 filing.
- Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan end-of-year assets fell from $547K in the plan year 2022 filing to $492K in the plan year 2023 filing.
DOL schedule card
Filing strip 010523959 · Maine Coast Sea Vegetables, Inc. PY 2023 · ESOP
Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan · $492K · 14 · 18th
- NET $492K
- NET 14
- NET 18th
- NET ESOP
- NET near Karish Industries Employee Stock Ownership Plan
- NET ind #1341
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 →
Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Maine Coast Sea Vegetables, Inc. years around the 2023 move
Sponsor-wide plan assets over time
All Maine Coast Sea Vegetables, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $538K 1.5733626051957557% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 16 | $547K |
| 2023 | 1 | 14 | $492K |
| 2024 | 1 | 14 | $538K |
2023 asset-move particulars
| Total Assets (Beginning of Year) | $547K |
|---|---|
| Net Assets (End of Year) | $483K |
| Net Income | -$54K |
| Employer EIN | 010523959 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Maine
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Sc Holdings, Inc. Employee Stock Ownership Plan $95M · 479
- Maine Drilling & Blasting Group Employee Stock Ownership Plan $85M · 425
- Johnnys Selected Seeds Employee Stock Ownership Plan $64M · 249
- Systems Engineering, Inc. Employee Stock Ownership Plan $47M · 175
- Portland Air Freight, Inc. Employee Stock Ownership Plan $45M · 85
Maine Coast Sea Vegetables, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Maine, the nearest ESOP by assets is Karish Industries Employee Stock Ownership Plan in CA ($492K); by covered participants it is Eureka Homestead ESOP in LA (14 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($492K here).
Similar participant headcount
Nearest other-state filings by covered participants (14 participants); asset peers above are excluded.
- Eureka Homestead ESOP (LA) 14 · 0 off
- Bridge Community Bank ESOP (IA) 14 · 0 off
- Sallop Insurance Employee Stock Ownership Plan (MA) 14 · 0 off
- Iti Manufacturing, Inc. Employee Stock Ownership Plan (TX) 14 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.