ESOP · DOL Form 5500 · 2023

Midvale Telephone Exchange, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
39
Participants Small participant base
57th
Percentile by assets National rank
$232,997
Avg per participant Above avg balance/head
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Official DOL plan name: Midvale Telephone Exchange Employee Stock Ownership Plan · Sponsored by Midvale Telephone Exchange, Inc. · Idaho · Utilities

$9M in assets, 39 participants

Midvale Telephone Exchange, Inc.'s Midvale Telephone Exchange Employee Stock Ownership Plan reported $9M in total assets and 39 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #168 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Midvale Telephone Exchange Employee Stock Ownership Plan ranks #168 of 721 2023 filers by assets (5909% of the sector average)-$9M for 39 participants.

#168
in Utilities (721 peers)
-22.6%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midvale Telephone Exchange Employee Stock Ownership Plan's mid-pack asset rank among Utilities and all filers

Midvale Telephone Exchange Employee Stock Ownership Plan vs every filed plan by assets

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

$9,086,899 Top 43% higher than 57% 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

Midvale Telephone Exchange 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. Midvale Telephone Exchange Employee Stock Ownership Plan is a small filing (39 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midvale Telephone Exchange Employee Stock Ownership Plan reported net income fell from -$243K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Midvale Telephone Exchange Employee Stock Ownership Plan end-of-year assets fell from $12M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Midvale Telephone Exchange Employee Stock Ownership Plan reported participants fell from 44 in the plan year 2022 filing to 39 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 820238162 · Midvale Telephone Exchange, Inc. PY 2023 · ESOP

Midvale Telephone Exchange Employee Stock Ownership Plan · $9M · 39 · 57th

  • PHOTO $9M
  • IND 39
  • EOY 57th
  • 5500 ESOP
  • ASSETS near Automatic Sprinkler of Texas, Inc. Employee Stock Ownership Plan
  • PCT ind #168

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 Idaho →

Midvale Telephone Exchange Employee Stock Ownership Plan in the asset neighbourhood

Midvale Telephone Exchange Employee Stock Ownership PlanMidvale Telephone Exchange E…$9MAutomatic Sprinkler of Texas, Inc. Employee Stock Ownership PlanAutomatic Sprinkler of Texas…$9MNetwork Center, Inc. Employee Stock Ownership PlanNetwork Center, Inc. Employe…$9MThe Lighthouse, Inc. Employee Stock Ownership PlanThe Lighthouse, Inc. Employe…$9MTri City Glass & Door, Inc. Employee Stock Ownership PlanTri City Glass & Door, Inc. …$9M
End-of-year total assets ($M) among Midvale Telephone Exchange Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN820238162
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midvale Telephone Exchange, Inc.)

Sponsor-wide plan assets over time

All Midvale Telephone Exchange, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 36.949992040489% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $11.7M $7.4M ▼ -37.0%
Year Plans Participants Total Assets
2022 1 44 $12M
2023 1 39 $9M
2024 1 46 $7M

Nearby ESOP Plans in Idaho

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

Midvale Telephone Exchange Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -20246 Total assets ($B) Participants Midvale Telephone Exchange Employee Stock Ownership Plan, Total assets ($B): 0.009086899 · Participants: 39Midvale Telephone Exchange Employee Stock Ownership PlanWinco Employee Stock Ownership Plan, Total assets ($B): 4.656219713 · Participants: 16664Winco Employee Stock Ownership PlanNorco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.255999157 · Participants: 1341Norco, Inc. Employee Stock Ownership PlanLitehouse, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.242106302 · Participants: 1015Litehouse, Inc. Employee Stock Ownership PlanStellar Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229611549 · Participants: 659Stellar Industries, Inc. Employee Stock Ownership PlanLitehouse, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.217520907 · Participants: 1130Litehouse, Inc. Employee Stock Ownership Plan
Midvale Telephone Exchange Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants
Compare Midvale Telephone Exchange Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Idaho, the nearest ESOP by assets is Automatic Sprinkler of Texas, Inc. Employee Stock Ownership Plan in TX ($9M); by covered participants it is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 participants). Same-state nearby plans are listed separately above.

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 Midvale Telephone Exchange Employee Stock Ownership Plan assets move in 2023? ▼
Midvale Telephone Exchange Employee Stock Ownership Plan declined sharply - down 22.6% during 2023, from $12M to $9M. Reported net income was -$2M.
How have Midvale Telephone Exchange, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midvale Telephone Exchange, Inc.'s sponsor-wide assets declined 36.9%, from $12M to $7M.
Which ESOP plans are similar in size to Midvale Telephone Exchange Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Automatic Sprinkler of Texas, Inc. Employee Stock Ownership Plan in TX ($9M, 14 participants).
Which ESOP plans cover a similar participant headcount to Midvale Telephone Exchange Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Consolidated Electronic Wire & Cable Corp. Employee Stock Ownership Plan in IL (39 participants, $29M 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 820238162.

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.