ESOP · DOL Form 5500 · 2023

Notch Welding & Mechanical Contractors, Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
95
Participants Small participant base
61st
Percentile by assets National rank
$118,000
Avg per participant Below avg balance/head
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Official DOL plan name: Notch Employee Stock Ownership Plan · Sponsored by Notch Welding & Mechanical Contractors, Inc. · Massachusetts · Construction

$11M in assets, 95 participants

Notch Welding & Mechanical Contractors, Inc.'s Notch Employee Stock Ownership Plan reported $11M in total assets and 95 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #5,375 in Construction (9,030 peers)

Notch Welding & Mechanical Contractors, Inc. multi-year trail

Notch Welding & Mechanical Contractors, Inc.'s plans moved +55.5% in assets from 2022 to 2024; this filing shows Notch Employee Stock Ownership Plan at $11M / 95 participants.

#5,375
in Construction (9,030 peers)
+49.3%
assets growth YoY

Notch Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Notch Employee Stock Ownership Plan vs every filed plan by assets

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

$11,210,000 Top 39% higher than 61% 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

Notch 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. Notch Employee Stock Ownership Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Notch Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Notch Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Notch Employee Stock Ownership Plan reported participants fell from 96 in the plan year 2022 filing to 95 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042587894 · Notch Welding & Mechanical Contractors, Inc. PY 2023 · ESOP

Notch Employee Stock Ownership Plan · $11M · 95 · 61st

  • BOOK $11M
  • VS-ST 95
  • BOY 61st
  • SCH ESOP
  • EBSA near Lumber King, Inc. Employee Stock Ownership Plan
  • PART ind #5375

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 Massachusetts →

Notch Employee Stock Ownership Plan in the asset neighbourhood

Lumber King, Inc. Employee Stock Ownership PlanLumber King, Inc. Employee S…$11MKreg Enterprises, Inc. Dba Kreg Tool Company Employee Stock Ownership PlanKreg Enterprises, Inc. Dba K…$11MNotch Employee Stock Ownership PlanNotch Employee Stock Ownersh…$11MAirco Mechanical, Inc. Stock Bonus Employee Stock Ownership PlanAirco Mechanical, Inc. Stock…$11MQuattrocchi Kwok Architects, Inc. Employee Stock Ownership PlanQuattrocchi Kwok Architects,…$11M
End-of-year total assets ($M) among Notch Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Notch Welding & Mechanical Contractors, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Notch Welding & Mechanical Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 55.52596537949401% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.51M $11.7M ▲ +55.5%
Year Plans Participants Total Assets
2022 1 96 $8M
2023 1 95 $11M
2024 1 92 $12M

Notch Welding & Mechanical Contractors, Inc. filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$4M
Employer EIN042587894
Plan Effective Date2020-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Massachusetts

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

Notch Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Notch Employee Stock Ownership Plan, Total assets ($M): 11.21 · Participants: 95Notch Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 611.879597 · Participants: 1511Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 349.164775 · Participants: 174The Gillette Company Employee Stock Ownership PlanShawmut Group Employee Stock Ownership Plan, Total assets ($M): 274.195602 · Participants: 716Shawmut Group Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 244.511447 · Participants: 641First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 213.345202 · Participants: 1778Eastern Bank Employee Stock Ownership Plan
Notch Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Notch Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest ESOP by assets is Lumber King, Inc. Employee Stock Ownership Plan in KY ($11M); by covered participants it is Waconia Manufacturing, Inc. Employee Stock Ownership Plan in MN (95 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (95 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 Notch Employee Stock Ownership Plan assets move in 2023? ▼
Notch Employee Stock Ownership Plan surged - up 49.3% during 2023, from $8M to $11M. Reported net income was $4M.
How have Notch Welding & Mechanical Contractors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Notch Welding & Mechanical Contractors, Inc.'s sponsor-wide assets grew 55.5%, from $8M to $12M.
Which ESOP plans are similar in size to Notch Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lumber King, Inc. Employee Stock Ownership Plan in KY ($11M, 57 participants).
Which ESOP plans cover a similar participant headcount to Notch Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Waconia Manufacturing, Inc. Employee Stock Ownership Plan in MN (95 participants, $377K 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 042587894.

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.