ESOP · DOL Form 5500 · 2023

Morton Buildings, Inc. ESOP

Data updated 2026-08-11

$308M
Total assets: 1,774
Participants: 96th
Percentile by assets: $173,416
Avg per participant

Official DOL plan name: Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan · Sponsored by Morton Buildings, Inc. · Illinois · Construction

$308M in assets, 1,774 participants

Morton Buildings, Inc.'s Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan reported $308M in total assets and 1,774 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#8,626 in Construction (9,030 peers)

Coverage in Illinois

Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan covers 1,774 participants in Illinois, 2.3x the typical Illinois plan (state average ~779 per filing). Assets: $308M.

$308M
total plan assets (2023 EOY): 1,774
covered participants: 96th
percentile by assets (of 127,072 plans): $173,416
avg assets per participant

Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan reported net income rose from $28M in the plan year 2022 filing to $125M in the plan year 2023 filing.
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan end-of-year assets rose from $186M in the plan year 2022 filing to $308M in the plan year 2023 filing.
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan reported participants rose from 1,683 in the plan year 2022 filing to 1,774 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Construction

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan reports 1,774 participants - 2.3x that state average ($308M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)	$186M
Net Assets (End of Year)	$191M
Net Income	$125M
Employer EIN	370347310
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Morton Buildings, Inc.)

Total plan assets by year, all Morton Buildings, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	3,482	$352M
2023	2	3,332	$511M
2024	2	3,618	$482M

Nearby ESOP Plans in Illinois

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

Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Amsted Industries Incorporated Employees' Stock Ownership Plan $4.4B · 4,738
Kehe Distributors, Inc. Employee Stock Ownership Plan $1.6B · 4,251
Scot Forge Company Employee Stock Ownership Plan $1.2B · 486
Bdo USA Employee Stock Ownership Plan $915M · 10,168
Bdo USA Employee Stock Ownership Plan $915M · 10,168

Compare Morton Buildings, Inc. Leveraged Employe… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan by total assets, not by location.

Mathematica Group Holding Inc. Employee Stock Ownership Plan (NJ) $309M · 1,571
Harps Food Stores, Inc. Employee Stock Ownership Plan (AR) $306M · 2,833
Locke Supply Co. Employee Stock Ownership Plan (OK) $311M · 1,300
Emery Sapp Employee Stock Ownership Plan (MO) $313M · 1,947

Frequently Asked Questions

How did Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan assets move in 2023? ▼

Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan surged - up 65.0% during 2023, from $186M to $308M. Reported net income was $125M.

How have Morton Buildings, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Morton Buildings, Inc.'s sponsor-wide assets grew 36.7%, from $352M to $482M.

Where does Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which ESOP plans are similar in size to Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Mathematica Group Holding Inc. Employee Stock Ownership Plan in NJ ($309M, 1,571 participants).

Next read for Morton Buildings, Inc. Leveraged Employe…

Filing takeaways

Ways to act on Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan's numbers.

By total assets, Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
Morton Buildings, Inc.'s sponsor-wide assets have grown 36.7% since 2022 across 3 plan years on file. More Construction plans

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 370347310.