ESOP · DOL Form 5500 · 2023

Mighty M Holdings, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
328
Participants Below avg headcount
67th
Percentile by assets National rank
$45,091
Avg per participant Low balance/head
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Official DOL plan name: Mi-T-M Employee Stock Ownership Plan · Sponsored by Mighty M Holdings, Inc. · Iowa · Manufacturing

$15M in assets, 328 participants

Mighty M Holdings, Inc.'s Mi-T-M Employee Stock Ownership Plan reported $15M in total assets and 328 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #10,357 in Manufacturing (18,722 peers)

Mighty M Holdings, Inc. multi-year trail

Mighty M Holdings, Inc.'s plans moved +14.6% in assets from 2022 to 2024; this filing shows Mi-T-M Employee Stock Ownership Plan at $15M / 328 participants.

#10,357
in Manufacturing (18,722 peers)
+386.5%
assets growth YoY

Mi-T-M Employee Stock Ownership Plan's outsized position by total assets

Mi-T-M Employee Stock Ownership Plan vs every filed plan by assets

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

$14,790,000 Top 33% higher than 67% 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

Mi-T-M Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mi-T-M Employee Stock Ownership Plan sits mid-pack in the medium band (328 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mi-T-M Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Mi-T-M Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Mi-T-M Employee Stock Ownership Plan reported participants fell from 333 in the plan year 2022 filing to 328 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 421014561 · Mighty M Holdings, Inc. PY 2023 · ESOP

Mi-T-M Employee Stock Ownership Plan · $15M · 328 · 67th

  • ASSETS $15M
  • ASSETS 328
  • ASSETS 67th
  • ASSETS ESOP
  • ASSETS near Libby Perszyk Kathman Holdings, Inc. Employee Stock Ownership Plan
  • ASSETS ind #10357

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 Iowa →

Mi-T-M Employee Stock Ownership Plan in the asset neighbourhood

Independent Bank Corporation Employee Stock Ownership PlanIndependent Bank Corporation…$15MMi-T-M Employee Stock Ownership PlanMi-T-M Employee Stock Owners…$15MLibby Perszyk Kathman Holdings, Inc. Employee Stock Ownership PlanLibby Perszyk Kathman Holdin…$15MHorner & Shifrin, Inc. Employee Stock Ownership PlanHorner & Shifrin, Inc. Emplo…$15MVernon Holding Company, Inc. Employee Stock Ownership PlanVernon Holding Company, Inc.…$15M
End-of-year total assets ($M) among Mi-T-M Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Mighty M Holdings, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mighty M Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 14.576572098476307% vs 2022
2024 filing year
$25M$30M$35M$40M$45M 202220232024 $27.7M $31.7M ▲ +14.6%
Year Plans Participants Total Assets
2022 2 685 $28M
2023 2 673 $43M
2024 1 361 $32M

Mighty M Holdings, Inc. filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$54M
Net Income$13M
Employer EIN421014561
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Iowa

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

Mi-T-M Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 20040060080010001200 -20002004006008001000 Total assets ($M) Participants Mi-T-M Employee Stock Ownership Plan, Total assets ($M): 14.79 · Participants: 328Mi-T-M Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership Plan
Mi-T-M Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Mi-T-M Employee Stock Ownership Plan side-by-side with 3 peers →

Mi-T-M Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Libby Perszyk Kathman Holdings, Inc. Employee Stock Ownership Plan in OH ($15M); by covered participants it is Bills Electric, Inc. Employee Stock Ownership Plan in MO (328 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (328 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 Mi-T-M Employee Stock Ownership Plan assets move in 2023? ▼
Mi-T-M Employee Stock Ownership Plan surged - up 386.5% during 2023, from $3M to $15M. Reported net income was $13M.
How have Mighty M Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mighty M Holdings, Inc.'s sponsor-wide assets grew 14.6%, from $28M to $32M.
Which ESOP plans are similar in size to Mi-T-M Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Libby Perszyk Kathman Holdings, Inc. Employee Stock Ownership Plan in OH ($15M, 63 participants).
Which ESOP plans cover a similar participant headcount to Mi-T-M Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bills Electric, Inc. Employee Stock Ownership Plan in MO (328 participants, $17M 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 421014561.

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.