ESOP · DOL Form 5500 · 2024

Nelco Products, Inc. ESOP

Data updated 2026-08-25

$21M
Total assets Small plan by assets
35
Participants Small participant base
71st
Percentile by assets National rank
$588,360
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Nelco Products, Inc. Employee Stock Ownership Plan · Sponsored by Nelco Products, Inc. · Massachusetts · Wholesale Trade

$21M in assets, 35 participants

Nelco Products, Inc.'s Nelco Products, Inc. Employee Stock Ownership Plan reported $21M in total assets and 35 participants in its 2024 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.

  • #4,077 in Wholesale Trade (6,080 peers)

2024 asset change

Nelco Products, Inc. Employee Stock Ownership Plan pulled back noticeably 12.7% in 2024 ($24M → $21M) for 35 participants.

#4,077
in Wholesale Trade (6,080 peers)
-12.7%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nelco Products, Inc. Employee Stock Ownership Plan's outsized position by total assets

Nelco Products, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$20,592,589 Top 29% higher than 71% of 123,620 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 2024

Nelco Products, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nelco Products, Inc. Employee Stock Ownership Plan is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nelco Products, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Nelco Products, Inc. Employee Stock Ownership Plan end-of-year assets fell from $24M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Nelco Products, Inc. Employee Stock Ownership Plan reported participants fell from 37 in the plan year 2023 filing to 35 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042837729 · Nelco Products, Inc. PY 2024 · ESOP

Nelco Products, Inc. Employee Stock Ownership Plan · $21M · 35 · 71st

  • IND $21M
  • IND 35
  • IND 71st
  • IND ESOP
  • IND near Mcaninch Holding Company Employee Stock Ownership Plan
  • IND ind #4077

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 Massachusetts →

Nelco Products, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Nelco Products, Inc. Employee Stock Ownership PlanNelco Products, Inc. Employe…$21MMcaninch Holding Company Employee Stock Ownership PlanMcaninch Holding Company Emp…$21MThermoanalytics, Inc. Employee Stock Ownership PlanThermoanalytics, Inc. Employ…$21MUscb, Inc. Employee Stock Ownership PlanUscb, Inc. Employee Stock Ow…$21MJ. B. Steel Employee Stock Ownership PlanJ. B. Steel Employee Stock O…$21M
End-of-year total assets ($M) among Nelco Products, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Nelco Products, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Nelco Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 5.044335480953811% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19.6M $20.6M ▲ +5.1%
Year Plans Participants Total Assets
2022 1 40 $20M
2023 1 37 $24M
2024 1 35 $21M

2024 asset-move particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$20M
Net Income-$3M
Employer EIN042837729
Plan Effective Date2004-08-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Massachusetts

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

Nelco Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Nelco Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 20.592589 · Participants: 35Nelco Products, Inc. Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 729.34706 · Participants: 1684Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 367.792322 · Participants: 139The Gillette Company Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 253.372727 · Participants: 445First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanDavid Clark Employee Stock Ownership Plan, Total assets ($M): 182.6375 · Participants: 236David Clark Employee Stock Ownership PlanNew England Biolabs, Inc. Non-Voting Stock Ownership Plan, Total assets ($M): 162.974294 · Participants: 424New England Biolabs, Inc. Non-Voting Stock Ownership Plan
Nelco Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Nelco Products, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest ESOP by assets is Mcaninch Holding Company Employee Stock Ownership Plan in IA ($21M); by covered participants it is Micro Craft ESOP in TN (35 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (35 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nelco Products, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Nelco Products, Inc. Employee Stock Ownership Plan pulled back noticeably - down 12.7% during 2024, from $24M to $21M. Reported net income was -$3M.
How have Nelco Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nelco Products, Inc.'s sponsor-wide assets grew 5.0%, from $20M to $21M.
Which ESOP plans are similar in size to Nelco Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mcaninch Holding Company Employee Stock Ownership Plan in IA ($21M, 225 participants).
Which ESOP plans cover a similar participant headcount to Nelco Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Micro Craft ESOP in TN (35 participants, $108 in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042837729.

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.