ESOP · DOL Form 5500 · 2023

Ma Federal, Inc. Dba Igov.Com ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
60
Participants Small participant base
51st
Percentile by assets National rank
$118,855
Avg per participant Near avg balance/head
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Official DOL plan name: Igov Employee Stock Ownership Plan · Sponsored by Ma Federal, Inc. Dba Igov.Com · Virginia · Professional & Technical Services

$7M in assets, 60 participants

Ma Federal, Inc. Dba Igov.Com's Igov Employee Stock Ownership Plan reported $7M in total assets and 60 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #10,121 in Professional & Technical Services (20,321 peers)

Ma Federal, Inc. Dba Igov.Com multi-year trail

Ma Federal, Inc. Dba Igov.Com's plans moved -38.5% in assets from 2022 to 2024; this filing shows Igov Employee Stock Ownership Plan at $7M / 60 participants.

#10,121
in Professional & Technical Services (20,321 peers)
+5.8%
assets growth YoY

Igov Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Igov Employee Stock Ownership Plan vs every filed plan by assets

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

$7,131,302 Top 49% higher than 51% 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

Igov Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Igov Employee Stock Ownership Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Igov Employee Stock Ownership Plan reported net income fell from $5M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Igov Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Igov Employee Stock Ownership Plan reported participants rose from 57 in the plan year 2022 filing to 60 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 472211006 · Ma Federal, Inc. Dba Igov.Com PY 2023 · ESOP

Igov Employee Stock Ownership Plan · $7M · 60 · 51st

  • TYPE $7M
  • TYPE 60
  • TYPE 51st
  • TYPE ESOP
  • TYPE near Northwest Engineering Service, Inc. Restated Employee Stock Ownership Plan and Trust
  • TYPE ind #10121

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 Virginia →

Igov Employee Stock Ownership Plan in the asset neighbourhood

Northwest Engineering Service, Inc. Restated Employee Stock Ownership Plan and TrustNorthwest Engineering Servic…$7MIbex Enterprises Employee Stock Ownership PlanIbex Enterprises Employee St…$7MO'neil Printing, Inc. Employee Stock Ownership PlanO'neil Printing, Inc. Employ…$7MIgov Employee Stock Ownership PlanIgov Employee Stock Ownershi…$7MCustom Aire, Inc. ESOP$7M
End-of-year total assets ($M) among Igov Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Ma Federal, Inc. Dba Igov.Com multi-year asset trail

Sponsor-wide plan assets over time

All Ma Federal, Inc. Dba Igov.Com plans reported in each filing year

Latest sponsor-wide plan assets
$4M 38.549851784932045% vs 2022
2024 filing year
$3M$4M$5M$6M$7M$8M 202220232024 $6.74M $4.14M ▼ -38.6%
Year Plans Participants Total Assets
2022 1 57 $7M
2023 1 60 $7M
2024 1 54 $4M

Ma Federal, Inc. Dba Igov.Com filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)-$16M
Net Income$1M
Employer EIN472211006
Plan Effective Date2013-11-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Igov Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Igov Employee Stock Ownership Plan, Total assets ($B): 0.007131302 · Participants: 60Igov Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Igov Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Igov Employee Stock Ownership Plan side-by-side with 3 peers →

Igov Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Northwest Engineering Service, Inc. Restated Employee Stock Ownership Plan and Trust in OR ($7M); by covered participants it is Wheeler Services, Inc. Employee Stock Ownership Plan in GA (60 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (60 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 Igov Employee Stock Ownership Plan assets move in 2023? ▼
Igov Employee Stock Ownership Plan grew at a solid clip - up 5.8% during 2023, from $7M to $7M. Reported net income was $1M.
How have Ma Federal, Inc. Dba Igov.Com plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ma Federal, Inc. Dba Igov.Com's sponsor-wide assets declined 38.5%, from $7M to $4M.
Which ESOP plans are similar in size to Igov Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Northwest Engineering Service, Inc. Restated Employee Stock Ownership Plan and Trust in OR ($7M, 43 participants).
Which ESOP plans cover a similar participant headcount to Igov Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Wheeler Services, Inc. Employee Stock Ownership Plan in GA (60 participants, $5M 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 472211006.

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.