ESOP · DOL Form 5500 · 2023
Martell Services Group, Inc. ESOP
Data updated 2026-08-25
- $50K
- Total assets Small plan by assets
- 123
- Participants Small participant base
- 4th
- Percentile by assets National rank
- $407
- Avg per participant Low balance/head
Official DOL plan name: Martell Services Group, Inc. Employee Stock Ownership Plan · Sponsored by Martell Services Group, Inc. · Indiana · Construction
$50K in assets, 123 participants
Martell Services Group, Inc.'s Martell Services Group, Inc. Employee Stock Ownership Plan reported $50K in total assets and 123 participants in its 2023 DOL Form 5500 filing, ranking in the 4th 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.
- #278 in Construction (9,030 peers)
Coverage in Indiana
Martell Services Group, Inc. Employee Stock Ownership Plan covers 123 participants in Indiana, about 23% of the average Indiana filer (state average ~541 per filing). Assets: $50K.
- #278
- in Construction (9,030 peers)
- -99.2%
- assets change YoY
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Martell Services Group, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets
Martell Services Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$50,000 4th percentile higher than 4% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Martell Services Group, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Martell Services Group, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (123 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Martell Services Group, Inc. Employee Stock Ownership Plan reported net income fell from -$2M in the plan year 2022 filing to -$6M in the plan year 2023 filing.
- Martell Services Group, Inc. Employee Stock Ownership Plan end-of-year assets fell from $6M in the plan year 2022 filing to $50K in the plan year 2023 filing.
- Martell Services Group, Inc. Employee Stock Ownership Plan reported participants fell from 277 in the plan year 2022 filing to 123 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 061675328 · Martell Services Group, Inc. PY 2023 · ESOP
Martell Services Group, Inc. Employee Stock Ownership Plan · $50K · 123 · 4th
- EOY $50K
- 5500 123
- ASSETS 4th
- PCT ESOP
- EIN near Hafendorfer Machine, Inc. Employee Stock Ownership Plan
- RANK ind #278
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 Indiana →
Martell Services Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | -$379K |
| Net Income | -$6M |
| Employer EIN | 061675328 |
| Plan Effective Date | 2020-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Martell Services Group, Inc.)
Sponsor-wide plan assets over time
All Martell Services Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $120K 98.01324503311258% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 277 | $6M |
| 2023 | 1 | 123 | $50K |
| 2024 | 1 | 110 | $120K |
Nearby ESOP Plans in Indiana
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Jasper Holdings, Inc Employee Stock Ownership Plan and Trust $1.9B · 3,535
- Urschel Laboratories Employee Stock Ownership Plan $366M · 487
- Nibco Inc. Employee Stock Ownership Plan $365M · 1,242
- Superior Industrial Solutions, Inc. Employee Stock Ownership Plan $139M · 363
- Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan $135M · 558
Martell Services Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Indiana, the nearest ESOP by assets is Hafendorfer Machine, Inc. Employee Stock Ownership Plan in KY ($50K); by covered participants it is H. M. Cragg Co. Employee Stock Ownership Plan and Trust in MN (123 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($50K here).
Similar participant headcount
Nearest other-state filings by covered participants (123 participants); asset peers above are excluded.
- H. M. Cragg Co. Employee Stock Ownership Plan and Trust (MN) 123 · 0 off
- Southwest Solutions Group, Inc. Employee Stock Ownership Plan (TX) 123 · 0 off
- Multi Image Group, Inc. Employee Stock Ownership Plan (FL) 123 · 0 off
- Kirkwood Holding Inc. Employees' Stock Ownership Trust and Plan (OH) 123 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.