ESOP · DOL Form 5500 · 2023

Woodex Bearing Company, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
23
Participants Small participant base
41st
Percentile by assets National rank
$179,825
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Woodex Bearing Company, Inc. Employee Stock Ownership Plan · Sponsored by Woodex Bearing Company, Inc. · Maine · Manufacturing

$4M in assets, 23 participants

Woodex Bearing Company, Inc.'s Woodex Bearing Company, Inc. Employee Stock Ownership Plan reported $4M in total assets and 23 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #4,496 in Manufacturing (18,722 peers)

Woodex Bearing Company, Inc. multi-year trail

Woodex Bearing Company, Inc.'s plans moved -11.8% in assets from 2022 to 2024; this filing shows Woodex Bearing Company, Inc. Employee Stock Ownership Plan at $4M / 23 participants.

#4,496
in Manufacturing (18,722 peers)
-15.4%
assets change YoY

The plan reported a net loss of $753K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Woodex Bearing Company, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Woodex Bearing Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$4,135,965 41st percentile higher than 41% 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

Woodex Bearing Company, 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. Woodex Bearing Company, Inc. Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Woodex Bearing Company, Inc. Employee Stock Ownership Plan reported net income rose from -$910K in the plan year 2022 filing to -$753K in the plan year 2023 filing.
  • Woodex Bearing Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Woodex Bearing Company, Inc. Employee Stock Ownership Plan reported participants fell from 24 in the plan year 2022 filing to 23 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 010372336 · Woodex Bearing Company, Inc. PY 2023 · ESOP

Woodex Bearing Company, Inc. Employee Stock Ownership Plan · $4M · 23 · 41st

  • VS-ST $4M
  • BOY 23
  • SCH 41st
  • EBSA ESOP
  • PART near The Martindale Electric Company Employee Stock Ownership Plan
  • TYPE ind #4496

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 →

Woodex Bearing Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Woodex Bearing Company, Inc. Employee Stock Ownership PlanWoodex Bearing Company, Inc.…$4MJohnson County Bank Employee Stock Ownership PlanJohnson County Bank Employee…$4MEmployee Stock Ownership Plan of Palmer and Sicard, Inc.Employee Stock Ownership Pla…$4MThe Martindale Electric Company Employee Stock Ownership PlanThe Martindale Electric Comp…$4MPaul I. Cripe, Inc. Employee Stock Ownership PlanPaul I. Cripe, Inc. Employee…$4M
End-of-year total assets ($M) among Woodex Bearing Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Woodex Bearing Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Woodex Bearing Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 11.759708799924724% vs 2022
2024 filing year
$4M$4.5M$5M 202220232024 $4.89M $4.31M ▼ -11.9%
Year Plans Participants Total Assets
2022 1 24 $5M
2023 1 23 $4M
2024 1 20 $4M

Woodex Bearing Company, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$753K
Employer EIN010372336
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maine

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

Woodex Bearing Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0200400600 -50050100150 Total assets ($M) Participants Woodex Bearing Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 4.135965 · Participants: 23Woodex Bearing Company, Inc. 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
Woodex Bearing Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Woodex Bearing Company, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Woodex Bearing Company, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is The Martindale Electric Company Employee Stock Ownership Plan in OH ($4M); by covered participants it is Soundearth Strategies, Inc. Employee Stock Ownership Plan in WA (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Woodex Bearing Company, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Woodex Bearing Company, Inc. Employee Stock Ownership Plan declined sharply - down 15.4% during 2023, from $5M to $4M. Reported net income was -$753K.
How have Woodex Bearing Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Woodex Bearing Company, Inc.'s sponsor-wide assets declined 11.8%, from $5M to $4M.
Which ESOP plans are similar in size to Woodex Bearing Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Martindale Electric Company Employee Stock Ownership Plan in OH ($4M, 32 participants).
Which ESOP plans cover a similar participant headcount to Woodex Bearing Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Soundearth Strategies, Inc. Employee Stock Ownership Plan in WA (23 participants, N/A 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 010372336.

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.