ESOP · DOL Form 5500 · 2023
M.J. Wells, Inc. & Associates, Inc. ESOP
Data updated 2026-08-25
- $6M
- Total assets Small plan by assets
- 40
- Participants Small participant base
- 48th
- Percentile by assets National rank
- $151,682
- Avg per participant Above avg balance/head
Official DOL plan name: M.J. Wells & Associates, Inc. Employee Stock Ownership Plan · Sponsored by M.J. Wells, Inc. & Associates, Inc. · Virginia · Professional & Technical Services
$6M in assets, 40 participants
M.J. Wells, Inc. & Associates, Inc.'s M.J. Wells & Associates, Inc. Employee Stock Ownership Plan reported $6M in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.
- #9,413 in Professional & Technical Services (20,321 peers)
M.J. Wells, Inc. & Associates, Inc. multi-year trail
M.J. Wells, Inc. & Associates, Inc.'s plans moved -53.3% in assets from 2022 to 2024; this filing shows M.J. Wells & Associates, Inc. Employee Stock Ownership Plan at $6M / 40 participants.
- #9,413
- in Professional & Technical Services (20,321 peers)
- -17.6%
- assets change YoY
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.
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$6,067,280 48th percentile higher than 48% 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
M.J. Wells & Associates, 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. M.J. Wells & Associates, Inc. Employee Stock Ownership Plan is a small filing (40 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- M.J. Wells & Associates, Inc. Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
- M.J. Wells & Associates, Inc. Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2022 filing to $6M in the plan year 2023 filing.
- M.J. Wells & Associates, Inc. Employee Stock Ownership Plan reported participants fell from 42 in the plan year 2022 filing to 40 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 541604263 · M.J. Wells, Inc. & Associates, Inc. PY 2023 · ESOP
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan · $6M · 40 · 48th
- EIN $6M
- EIN 40
- EIN 48th
- EIN ESOP
- EIN near National Spinning Co., Inc. Employee Stock Ownership Plan
- EIN ind #9413
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 Virginia →
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood
M.J. Wells, Inc. & Associates, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All M.J. Wells, Inc. & Associates, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 53.32317823113885% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 42 | $7M |
| 2023 | 1 | 40 | $6M |
| 2024 | 1 | 35 | $3M |
M.J. Wells, Inc. & Associates, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $7M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | -$1M |
| Employer EIN | 541604263 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
- The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
- American Systems Corporation Employee Stock Ownership Plan $331M · 1,782
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $322M · 1,652
- New River Electrical Corporation Employee Stock Ownership Plan $321M · 444
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Virginia, the nearest ESOP by assets is National Spinning Co., Inc. Employee Stock Ownership Plan in NC ($6M); by covered participants it is Churchville Fire Equipment Corp. Employee Stock Ownership Plan in NY (40 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6M here).
- National Spinning Co., Inc. Employee Stock Ownership Plan (NC) $6M · 231
- Richard, Wayne & Roberts, Inc. Employee Stock Ownership Plan (TX) $6M · 43
- Hill Wood Products, Inc. Employee Stock Ownership Plan (MN) $6M · 30
- Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement (MO) $6M · 24
Similar participant headcount
Nearest other-state filings by covered participants (40 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.