Other
2023 plan-year Other DOL Form 5500

Mid South Building Supply, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Mid South Building Supply, Inc. ยท Virginia ยท Wholesale Trade

What the 2023 filing shows

Mid South Building Supply, Inc. Employee Stock Ownership Plan holds $54M for 159 participants - about $339,122 per participant, up 18.1% over the 2023 plan year.

$54M
total plan assets (2023 EOY)
159
covered participants
$339,122
avg assets per participant
+18.1%
assets growth YoY

The plan reported a net loss of $1M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$54M
Participants
159
State
Industry
Wholesale Trade

What the Filing Says About Mid South Building Supply, Inc. Employee Stock Ownership Plan

Mid South Building Supply, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Mid South Building Supply, Inc., headquartered in Virginia. As of the 2023 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 159 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 540796555, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $46M at the beginning of 2023 to $54M at year-end โ€” a gain of 18.1%. Net assets (after liabilities) closed the year at $44M, with reported net income of $-1,192,924 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$46M
Total Assets (End of Year)$54M
Net Assets (End of Year)$44M
Net Income$-1,192,924
Plan TypeOther
Employer EIN540796555
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mid South Building Supply, Inc.)

Year Plans Participants Total Assets
2022 2 279 $54M
2023 1 159 $54M
2024 1 154 $64M

Nearby Other Plans in Virginia

Peer Other plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Mid South Building Supply, Inc. Employee Stock Ownership Plan?
As of the 2023 Form 5500 filing, Mid South Building Supply, Inc. Employee Stock Ownership Plan holds $54M in total assets with 159 participants. It is sponsored by Mid South Building Supply, Inc..
What type of plan is Mid South Building Supply, Inc. Employee Stock Ownership Plan?
Mid South Building Supply, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 540796555.
Who sponsors the Mid South Building Supply, Inc. Employee Stock Ownership Plan?
Mid South Building Supply, Inc. Employee Stock Ownership Plan is sponsored by Mid South Building Supply, Inc., located in Virginia. The sponsor's EIN is 540796555 and the plan operates in the Wholesale Trade industry.
How did Mid South Building Supply, Inc. Employee Stock Ownership Plan perform in 2023?
Mid South Building Supply, Inc. Employee Stock Ownership Plan grew by 18.1% during 2023, moving from $46M to $54M in total assets. Net income was $-1,192,924.
Where can I find official filings for Mid South Building Supply, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Mid South Building Supply, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 540796555 or plan name at efast.dol.gov.
How does Mid South Building Supply, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Mid South Building Supply, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 540796555.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.