ESOP · DOL Form 5500 · 2023
Materials Processing, Inc. Employee Stock Ownership Plan ESOP
Data updated 2026-08-25
- $14M
- Total assets Small plan by assets
- 271
- Participants Below avg headcount
- 66th
- Percentile by assets National rank
- $52,030
- Avg per participant Low balance/head
Official DOL plan name: Materials Processing, Inc. Employee Stock Ownership Plan · Sponsored by Materials Processing, Inc. Employee Stock Ownership Plan · Indiana · Manufacturing
$14M in assets, 271 participants
Materials Processing, Inc. Employee Stock Ownership Plan's Materials Processing, Inc. Employee Stock Ownership Plan reported $14M in total assets and 271 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.
- #10,116 in Manufacturing (18,722 peers)
Materials Processing, Inc. Employee Stock Ownership Plan multi-year trail
Materials Processing, Inc. Employee Stock Ownership Plan's plans moved +50.1% in assets from 2022 to 2024; this filing shows Materials Processing, Inc. Employee Stock Ownership Plan at $14M / 271 participants.
- #10,116
- in Manufacturing (18,722 peers)
- +219.0%
- assets growth YoY
Materials Processing, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers
Materials Processing, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$14,100,000 Top 34% higher than 66% 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
Materials Processing, 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. Materials Processing, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (271 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Materials Processing, Inc. Employee Stock Ownership Plan reported net income rose from $961K in the plan year 2022 filing to $10M in the plan year 2023 filing.
- Materials Processing, Inc. Employee Stock Ownership Plan end-of-year assets rose from $4M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- Materials Processing, Inc. Employee Stock Ownership Plan reported participants fell from 282 in the plan year 2022 filing to 271 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 351343660 · Materials Processing, Inc. Employee Stock Ownership Plan PY 2023 · ESOP
Materials Processing, Inc. Employee Stock Ownership Plan · $14M · 271 · 66th
- 5500 $14M
- 5500 271
- 5500 66th
- 5500 ESOP
- 5500 near Anderson Employee Stock Ownership Plan
- 5500 ind #10116
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 →
Materials Processing, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Materials Processing, Inc. Employee Stock Ownership Plan multi-year asset trail
Sponsor-wide plan assets over time
All Materials Processing, Inc. Employee Stock Ownership Plan plans reported in each filing year
- Latest sponsor-wide plan assets
- $56M 50.09570213622735% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 652 | $37M |
| 2023 | 2 | 570 | $47M |
| 2024 | 2 | 581 | $56M |
Materials Processing, Inc. Employee Stock Ownership Plan filing trail (2023)
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | -$12M |
| Net Income | $10M |
| Employer EIN | 351343660 |
| Plan Effective Date | 2021-10-01 |
| Filing Status | FILING RECEIVED |
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
Materials Processing, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Indiana, the nearest ESOP by assets is Anderson Employee Stock Ownership Plan in CA ($14M); by covered participants it is Sb Financial Group Employee Stock Ownership Plan in OH (271 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($14M here).
Similar participant headcount
Nearest other-state filings by covered participants (271 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.