ESOP · DOL Form 5500 · 2022

Merlin Development, Inc. ESOP

Data updated 2026-08-25

$613K
Total assets Small plan by assets
10
Participants Small participant base
20th
Percentile by assets National rank
$61,326
Avg per participant Low balance/head
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Official DOL plan name: Merlin Development, Inc. Employee Stock Ownership Plan · Sponsored by Merlin Development, Inc. · Minnesota · Professional & Technical Services

$613K in assets, 10 participants

Merlin Development, Inc.'s Merlin Development, Inc. Employee Stock Ownership Plan reported $613K in total assets and 10 participants in its 2022 DOL Form 5500 filing, ranking in the 20th 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.

  • #3,517 in Professional & Technical Services (21,562 peers)

Merlin Development, Inc. multi-year trail

Merlin Development, Inc.'s plans moved -64.4% in assets from 2022 to 2024; this filing shows Merlin Development, Inc. Employee Stock Ownership Plan at $613K / 10 participants.

#3,517
in Professional & Technical Services (21,562 peers)
+44.4%
assets growth YoY

Merlin Development, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Merlin Development, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$613,263 20th percentile higher than 20% of 139,123 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 2022

Merlin Development, Inc. Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Merlin Development, Inc. Employee Stock Ownership Plan is a micro filing (10 participants), the leftmost band.

DOL schedule card

Filing strip 411640918 · Merlin Development, Inc. PY 2022 · ESOP

Merlin Development, Inc. Employee Stock Ownership Plan · $613K · 10 · 20th

  • SCH $613K
  • SCH 10
  • SCH 20th
  • SCH ESOP
  • SCH near Axis Interior Systems, Inc. Employee Stock Ownership Plan
  • SCH ind #3517

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 Minnesota →

Merlin Development, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Technology Management Company Employees' Stock Ownership Plan and TrustTechnology Management Compan…$615KPdq Food Stores, Inc Employee Stock Ownership PlanPdq Food Stores, Inc Employe…$617KMerlin Development, Inc. Employee Stock Ownership PlanMerlin Development, Inc. Emp…$613KAxis Interior Systems, Inc. Employee Stock Ownership PlanAxis Interior Systems, Inc. …$613KPinnacle Electric Employee Stock Ownership PlanPinnacle Electric Employee S…$609K
End-of-year total assets ($M) among Merlin Development, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Merlin Development, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Merlin Development, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$218K 64.40956000932717% vs 2022
2024 filing year
$0M$0.2M$0.4M$0.6M$0.8M 202220232024 $0.61M $0.22M ▼ -63.9%
Year Plans Participants Total Assets
2022 1 10 $613K
2023 1 9 $308K
2024 1 9 $218K

Merlin Development, Inc. filing trail (2022)

Total Assets (Beginning of Year)$425K
Net Assets (End of Year)$575K
Net Income$162K
Employer EIN411640918
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Merlin Development, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 -2000200400600800 Total assets ($M) Participants Merlin Development, Inc. Employee Stock Ownership Plan, Total assets ($M): 0.613263 · Participants: 10Merlin Development, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Merlin Development, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Merlin Development, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Axis Interior Systems, Inc. Employee Stock Ownership Plan in OH ($613K); by covered participants it is Edwards Development Company Employee Stock Ownership Plan in WY (10 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Merlin Development, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Merlin Development, Inc. Employee Stock Ownership Plan surged - up 44.4% during 2022, from $425K to $613K. Reported net income was $162K.
How have Merlin Development, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Merlin Development, Inc.'s sponsor-wide assets declined 64.4%, from $613K to $218K.
Where does Merlin Development, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Merlin Development, Inc. Employee Stock Ownership Plan ranks in the 20th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Merlin Development, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Axis Interior Systems, Inc. Employee Stock Ownership Plan in OH ($613K, 29 participants).
Which ESOP plans cover a similar participant headcount to Merlin Development, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Edwards Development Company Employee Stock Ownership Plan in WY (10 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411640918.

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.