ESOP · DOL Form 5500 · 2023

Maine Drilling & Blasting Group ESOP

Data updated 2026-08-25

$85M
Total assets Below avg plan size
425
Participants Below avg headcount
90th
Percentile by assets National rank
$199,109
Avg per participant Above avg balance/head
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Official DOL plan name: Maine Drilling & Blasting Group Employee Stock Ownership Plan · Sponsored by Maine Drilling & Blasting Group · Maine · Construction

$85M in assets, 425 participants

Maine Drilling & Blasting Group's Maine Drilling & Blasting Group Employee Stock Ownership Plan reported $85M in total assets and 425 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,973 in Construction (9,030 peers)

Where Maine Drilling & Blasting Group Employee Stock Ownership Plan sits by assets

Maine Drilling & Blasting Group Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $85M for 425 participants (~$199,109/participant), up 14.8% in 2023.

#7,973
in Construction (9,030 peers)
+14.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Maine Drilling & Blasting Group Employee Stock Ownership Plan's outsized position by total assets

Maine Drilling & Blasting Group Employee Stock Ownership Plan vs every filed plan by assets

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

$84,621,407 Top 10% higher than 90% 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

Maine Drilling & Blasting Group 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. Maine Drilling & Blasting Group Employee Stock Ownership Plan sits mid-pack in the medium band (425 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Maine Drilling & Blasting Group Employee Stock Ownership Plan reported participants rose from 321 in the plan year 2022 filing to 425 in the plan year 2023 filing.
  • Maine Drilling & Blasting Group Employee Stock Ownership Plan reported net income fell from $13M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Maine Drilling & Blasting Group Employee Stock Ownership Plan end-of-year assets rose from $74M in the plan year 2022 filing to $85M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 204394736 · Maine Drilling & Blasting Group PY 2023 · ESOP

Maine Drilling & Blasting Group Employee Stock Ownership Plan · $85M · 425 · 90th

  • 5500 $85M
  • 5500 425
  • 5500 90th
  • 5500 ESOP
  • 5500 near The Boldt Group, Inc. Employee Stock Ownership Plan
  • 5500 ind #7973

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 Maine →

Maine Drilling & Blasting Group Employee Stock Ownership Plan in the asset neighbourhood

Bay Cities Container Corporation Employee Stock Ownership PlanBay Cities Container Corpora…$85MThe Boldt Group, Inc. Employee Stock Ownership PlanThe Boldt Group, Inc. Employ…$85MMaine Drilling & Blasting Group Employee Stock Ownership PlanMaine Drilling & Blasting Gr…$85MKlj Solutions Co Employee Stock Ownership PlanKlj Solutions Co Employee St…$85MDuramax Global Corp Employee Stock Ownership PlanDuramax Global Corp Employee…$84M
End-of-year total assets ($M) among Maine Drilling & Blasting Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$74M
Net Assets (End of Year)$73M
Net Income$11M
Employer EIN204394736
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maine Drilling & Blasting Group)

Sponsor-wide plan assets over time

All Maine Drilling & Blasting Group plans reported in each filing year

Latest sponsor-wide plan assets
$92M 24.69453189362658% vs 2022
2024 filing year
$70M$80M$90M$100M 202220232024 $73.7M $91.9M ▲ +24.7%
Year Plans Participants Total Assets
2022 1 321 $74M
2023 1 425 $85M
2024 1 440 $92M

Nearby ESOP Plans in Maine

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

Maine Drilling & Blasting Group Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400500 20406080100 Total assets ($M) Participants Maine Drilling & Blasting Group Employee Stock Ownership Plan, Total assets ($M): 84.621407 · Participants: 425Maine Drilling & Blasting Group Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 95.45285 · Participants: 479Sc Holdings, Inc. Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 64.27302 · Participants: 249Johnnys Selected Seeds Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 47.084805 · Participants: 175Systems Engineering, Inc. Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 45.49657 · Participants: 85Portland Air Freight, Inc. Employee Stock Ownership PlanMoody's Co-Worker Owned Employee Stock Ownership Plan, Total assets ($M): 32.555121 · Participants: 242Moody's Co-Worker Owned Employee Stock Ownership Plan
Maine Drilling & Blasting Group Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Maine Drilling & Blasting Group Employee Stock Ownership Plan side-by-side with 3 peers →

Maine Drilling & Blasting Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is The Boldt Group, Inc. Employee Stock Ownership Plan in WI ($85M); by covered participants it is Fast Global Solutions, Inc. Employee Stock Ownership Plan in MN (425 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (425 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 Maine Drilling & Blasting Group Employee Stock Ownership Plan assets move in 2023? ▼
Maine Drilling & Blasting Group Employee Stock Ownership Plan grew at a solid clip - up 14.8% during 2023, from $74M to $85M. Reported net income was $11M.
How have Maine Drilling & Blasting Group plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Maine Drilling & Blasting Group's sponsor-wide assets grew 24.7%, from $74M to $92M.
Where does Maine Drilling & Blasting Group Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Maine Drilling & Blasting Group Employee Stock Ownership Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Maine Drilling & Blasting Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Boldt Group, Inc. Employee Stock Ownership Plan in WI ($85M, 678 participants).
Which ESOP plans cover a similar participant headcount to Maine Drilling & Blasting Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Fast Global Solutions, Inc. Employee Stock Ownership Plan in MN (425 participants, $95M 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 204394736.

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.