ESOP · DOL Form 5500 · 2023

Martineau Electric, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
16
Participants Small participant base
31st
Percentile by assets National rank
$133,125
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Martineau Electric, Inc. Employee Stock Ownership Plan · Sponsored by Martineau Electric, Inc. · New Hampshire · Construction

$2M in assets, 16 participants

Martineau Electric, Inc.'s Martineau Electric, Inc. Employee Stock Ownership Plan reported $2M in total assets and 16 participants in its 2023 DOL Form 5500 filing, ranking in the 31st 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.

  • #2,614 in Construction (9,030 peers)

Martineau Electric, Inc. multi-year trail

Martineau Electric, Inc.'s plans moved -64.7% in assets from 2022 to 2024; this filing shows Martineau Electric, Inc. Employee Stock Ownership Plan at $2M / 16 participants.

#2,614
in Construction (9,030 peers)
-46.3%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Martineau Electric, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Martineau Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,130,000 31st percentile higher than 31% 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

Martineau Electric, Inc. 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. Martineau Electric, Inc. Employee Stock Ownership Plan is a small filing (16 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Martineau Electric, Inc. Employee Stock Ownership Plan end-of-year assets fell from $4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Martineau Electric, Inc. Employee Stock Ownership Plan reported participants rose from 13 in the plan year 2022 filing to 16 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 020412924 · Martineau Electric, Inc. PY 2023 · ESOP

Martineau Electric, Inc. Employee Stock Ownership Plan · $2M · 16 · 31st

  • TYPE $2M
  • NET 16
  • BOOK 31st
  • VS-ST ESOP
  • BOY near Chmwarnick, Inc. Employee Stock Ownership Plan
  • SCH ind #2614

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 New Hampshire →

Martineau Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Martineau Electric, Inc. Employee Stock Ownership PlanMartineau Electric, Inc. Emp…$2MChmwarnick, Inc. Employee Stock Ownership PlanChmwarnick, Inc. Employee St…$2MSimple Holdings, Inc. Employee Stock Ownership PlanSimple Holdings, Inc. Employ…$2MOldson's Plumbing, Heating & Air Conditioning, Inc. Employee Stock Ownership PlanOldson's Plumbing, Heating &…$2ML & L Electronics, Inc. Employee Stock Ownership Plan and TrustL & L Electronics, Inc. Empl…$2M
End-of-year total assets ($M) among Martineau Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Martineau Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Martineau Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 64.73551637279597% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $3.97M $1.4M ▼ -64.7%
Year Plans Participants Total Assets
2022 1 13 $4M
2023 1 16 $2M
2024 1 14 $1M

Martineau Electric, Inc. filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)-$32K
Net Income-$2M
Employer EIN020412924
Plan Effective Date2016-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Hampshire

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

Martineau Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -500050010001500 -0.500.511.5 Total assets ($B) Participants Martineau Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00213 · Participants: 16Martineau Electric, Inc. Employee Stock Ownership PlanHypertherm Associate Stock Ownership Plan, Total assets ($B): 1.041097337 · Participants: 1417Hypertherm Associate Stock Ownership PlanNew England Wire Technologies Corp. Employee Stock Ownership Plan, Total assets ($B): 0.074655129 · Participants: 471New England Wire Technologies Corp. Employee Stock Ownership Plan1a Auto, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.029058095 · Participants: 2711a Auto, Inc. Employee Stock Ownership PlanNew Hampshire Boring, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.026090701 · Participants: 55New Hampshire Boring, Inc. Employee Stock Ownership PlanAdmix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.01353707 · Participants: 75Admix, Inc. Employee Stock Ownership Plan
Martineau Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants
Compare Martineau Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New Hampshire, the nearest ESOP by assets is Chmwarnick, Inc. Employee Stock Ownership Plan in MA ($2M); by covered participants it is Tgc Consolidated Employee Stock Ownership Plan in AZ (16 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (16 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 Martineau Electric, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Martineau Electric, Inc. Employee Stock Ownership Plan contracted severely - down 46.3% during 2023, from $4M to $2M. Reported net income was -$2M.
How have Martineau Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Martineau Electric, Inc.'s sponsor-wide assets declined 64.7%, from $4M to $1M.
Which ESOP plans are similar in size to Martineau Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Chmwarnick, Inc. Employee Stock Ownership Plan in MA ($2M, 31 participants).
Which ESOP plans cover a similar participant headcount to Martineau Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Tgc Consolidated Employee Stock Ownership Plan in AZ (16 participants, N/A 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 020412924.

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.