ESOP · DOL Form 5500 · 2024

Mayville Engineering Company, Inc. ESOP

Data updated 2026-08-25

$55M
Total assets Below avg plan size
2,054
Participants Near avg headcount
85th
Percentile by assets National rank
$26,591
Avg per participant Low balance/head
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Official DOL plan name: Mayville Engineering Company, Inc. Employee Stock Ownership Plan · Sponsored by Mayville Engineering Company, Inc. · Wisconsin · Manufacturing

$55M in assets, 2,054 participants

Mayville Engineering Company, Inc.'s Mayville Engineering Company, Inc. Employee Stock Ownership Plan reported $55M in total assets and 2,054 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,003 in Manufacturing (17,777 peers)

Coverage in Wisconsin

Mayville Engineering Company, Inc. Employee Stock Ownership Plan covers 2,054 participants in Wisconsin, 3.6x the typical Wisconsin plan (state average ~563 per filing). Assets: $55M.

#14,003
in Manufacturing (17,777 peers)
-6.8%
assets change YoY
0.5×
vs typical plan assets (national mean)

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.

Mayville Engineering Company, Inc. Employee Stock Ownership Plan's outsized position by total assets

Mayville Engineering Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$54,618,621 Top 15% higher than 85% 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

Mayville Engineering Company, Inc. Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mayville Engineering Company, Inc. Employee Stock Ownership Plan lands in the large band (2,054 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mayville Engineering Company, Inc. Employee Stock Ownership Plan reported net income rose from -$11M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Mayville Engineering Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $59M in the plan year 2023 filing to $55M in the plan year 2024 filing.
  • Mayville Engineering Company, Inc. Employee Stock Ownership Plan reported participants rose from 1,931 in the plan year 2023 filing to 2,054 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 390944729 · Mayville Engineering Company, Inc. PY 2024 · ESOP

Mayville Engineering Company, Inc. Employee Stock Ownership Plan · $55M · 2,054 · 85th

  • PHOTO $55M
  • PHOTO 2,054
  • PHOTO 85th
  • PHOTO ESOP
  • PHOTO near Central Milling Employee Stock Ownership Plan and Trust
  • PHOTO ind #14003

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 Wisconsin →

Mayville Engineering Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Sc&h Group, Inc. Employee Stock Ownership PlanSc&h Group, Inc. Employee St…$55MTri Dal Employee Stock Ownership PlanTri Dal Employee Stock Owner…$55MMayville Engineering Company, Inc. Employee Stock Ownership PlanMayville Engineering Company…$55MCentral Milling Employee Stock Ownership Plan and TrustCentral Milling Employee Sto…$55MCost Containment Group, Inc Employee Stock Ownership PlanCost Containment Group, Inc …$55M
End-of-year total assets ($M) among Mayville Engineering Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Wisconsin filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$55M
Net Income-$3M
Employer EIN390944729
Plan Effective Date1959-05-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Mayville Engineering Company, Inc.)

Sponsor-wide plan assets over time

All Mayville Engineering Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$211M 11.16642580327986% vs 2022
2024 filing year
$180M$190M$200M$210M$220M 202220232024 $190M $211M ▲ +11.2%
Year Plans Participants Total Assets
2022 2 4,063 $190M
2023 2 4,462 $208M
2024 2 4,659 $211M

Nearby ESOP Plans in Wisconsin

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

Mayville Engineering Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Mayville Engineering Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.054618621 · Participants: 2054Mayville Engineering Company, Inc. Employee Stock Ownership PlanSchreiber Foods, Inc Employee Stock Ownership Plan, Total assets ($B): 3.761100176 · Participants: 6519Schreiber Foods, Inc Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.795573537 · Participants: 2967Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.604138718 · Participants: 1689Ki Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.332844757 · Participants: 834Wausau Supply Company Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.31505419 · Participants: 266Trachte Building Systems Employee Stock Ownership Plan
Mayville Engineering Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants

Mayville Engineering Company, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Wisconsin, the nearest ESOP by assets is Central Milling Employee Stock Ownership Plan and Trust in UT ($55M); by covered participants it is Dcs Corporation Restated Employee Stock Ownership Plan in VA (2,038 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,054 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 Mayville Engineering Company, Inc. Employee Stock Ownership Plan assets move in 2024?
Mayville Engineering Company, Inc. Employee Stock Ownership Plan pulled back noticeably - down 6.8% during 2024, from $59M to $55M. Reported net income was -$3M.
How have Mayville Engineering Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mayville Engineering Company, Inc.'s sponsor-wide assets grew 11.2%, from $190M to $211M.
Where does Mayville Engineering Company, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Mayville Engineering Company, Inc. Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Mayville Engineering Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Central Milling Employee Stock Ownership Plan and Trust in UT ($55M, 110 participants).
Which ESOP plans cover a similar participant headcount to Mayville Engineering Company, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Dcs Corporation Restated Employee Stock Ownership Plan in VA (2,038 participants, $185M in assets).