ESOP · DOL Form 5500 · 2023

Merit Framing, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
272
Participants Below avg headcount
46th
Percentile by assets National rank
$20,000
Avg per participant Low balance/head
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Official DOL plan name: Merit Framing, Inc. Employee Stock Ownership Plan · Sponsored by Merit Framing, Inc. · California · Construction

$5M in assets, 272 participants

Merit Framing, Inc.'s Merit Framing, Inc. Employee Stock Ownership Plan reported $5M in total assets and 272 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.

  • #3,981 in Construction (9,030 peers)

Coverage in California

Merit Framing, Inc. Employee Stock Ownership Plan covers 272 participants in California, about 43% of the average California filer (state average ~630 per filing). Assets: $5M.

#3,981
in Construction (9,030 peers)
-$10M
reported net income

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Merit Framing, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Merit Framing, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$5,440,000 46th percentile higher than 46% 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

Merit Framing, Inc. 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. Merit Framing, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (272 participants).

Form 5500 schedule snapshot

Filing strip 453807948 · Merit Framing, Inc. PY 2023 · ESOP

Merit Framing, Inc. Employee Stock Ownership Plan · $5M · 272 · 46th

  • SCH $5M
  • EBSA 272
  • PART 46th
  • TYPE ESOP
  • NET near Providence Holding, Inc. Employee Stock Ownership Plan
  • BOOK ind #3981

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 California →

Merit Framing, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Merit Framing, Inc. Employee Stock Ownership PlanMerit Framing, Inc. Employee…$5MProvidence Holding, Inc. Employee Stock Ownership PlanProvidence Holding, Inc. Emp…$5MUnified Services of Texas, Inc. Employee Stock Ownership PlanUnified Services of Texas, I…$5MStructured Foundation Repairs Holdings, Inc. Employee Stock Ownership PlanStructured Foundation Repair…$5MLampin Corporation Employee Stock Ownership PlanLampin Corporation Employee …$5M
End-of-year total assets ($M) among Merit Framing, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$10M
Net Income-$10M
Employer EIN453807948
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Merit Framing, Inc.)

Sponsor-wide plan assets over time

All Merit Framing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 54.267426470588234% vs 2023
2024 filing year
$2M$3M$4M$5M$6M 20232024 $5.44M $2.49M ▼ -54.2%
Year Plans Participants Total Assets
2023 1 272 $5M
2024 1 374 $2M

Nearby ESOP Plans in California

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

Merit Framing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Merit Framing, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00544 · Participants: 272Merit Framing, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Merit Framing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Merit Framing, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Merit Framing, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Providence Holding, Inc. Employee Stock Ownership Plan in LA ($5M); by covered participants it is Janus ESOP Holdings Inc. Profit Sharing Plan in VA (272 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (272 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 have Merit Framing, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Merit Framing, Inc.'s sponsor-wide assets declined 54.3%, from $5M to $2M.
Which ESOP plans are similar in size to Merit Framing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Providence Holding, Inc. Employee Stock Ownership Plan in LA ($5M, 78 participants).
Which ESOP plans cover a similar participant headcount to Merit Framing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Janus ESOP Holdings Inc. Profit Sharing Plan in VA (272 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 453807948.

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.