ESOP · DOL Form 5500 · 2023

Hughes Peters ESOP

Data updated 2026-08-11

$19M
Total assets
127
Participants
71st
Percentile by assets
$147,347
Avg per participant
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Official DOL plan name: Mjo Industries Employee Stock Ownership Plan · Sponsored by Hughes Peters · Ohio · Wholesale Trade

$19M in assets, 127 participants

Hughes Peters's Mjo Industries Employee Stock Ownership Plan reported $19M in total assets and 127 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 127,072 plans)
  • #4,281 in Wholesale Trade (6,309 peers)

Coverage in Ohio

Mjo Industries Employee Stock Ownership Plan covers 127 participants in Ohio, about 17% of the average Ohio filer (state average ~765 per filing). Assets: $19M.

$19M
total plan assets (2023 EOY)
127
covered participants
71st
percentile by assets (of 127,072 plans)
$147,347
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mjo Industries Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Mjo Industries Employee Stock Ownership Plan reported net income rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Mjo Industries Employee Stock Ownership Plan reported participants fell from 139 in the plan year 2022 filing to 127 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Mjo Industries Employee Stock Ownership Plan reports 127 participants - about 17% of that state average ($19M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income$9M
Employer EIN251841702
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hughes Peters)

$20M$25M$30M$35M 202220232024 $22.7M $31.5M ▲ +38.7%
Total plan assets by year, all Hughes Peters plans on file
Year Plans Participants Total Assets
2022 2 273 $23M
2023 2 261 $29M
2024 2 256 $32M

Nearby ESOP Plans in Ohio

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

Mjo Industries Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Mjo Industries Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Mjo Industries Emplo…Procter & Gamble Pro…The Garland Industri…Messer Inc. Employee…Great Lakes Cheese C…Cleveland Steel Cont…
Mjo Industries Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Mjo Industries Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Mjo Industries Employee Stock Ownership Plan assets move in 2023?
Mjo Industries Employee Stock Ownership Plan surged - up 41.8% during 2023, from $13M to $19M. Reported net income was $9M.
How have Hughes Peters plan assets changed over time?
Across 3 plan years on file (2022-2024), Hughes Peters's sponsor-wide assets grew 38.7%, from $23M to $32M.
Which ESOP plans are similar in size to Mjo Industries Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Gotham Drywall, Inc. Employee Stock Ownership Plan in NY ($19M, 148 participants).

Next read for Mjo Industries Employee Stock Ownership …

Filing takeaways

Ways to act on Mjo Industries Employee Stock Ownership Plan's numbers.