ESOP · DOL Form 5500 · 2024
M.J. Wells, Inc. & Associates, Inc. ESOP
Data updated 2026-08-25
- $3M
- Total assets Small plan by assets
- 35
- Participants Small participant base
- 36th
- Percentile by assets National rank
- $98,240
- Avg per participant Below avg balance/head
Official DOL plan name: M.J. Wells & Associates, Inc. Employee Stock Ownership Plan · Sponsored by M.J. Wells, Inc. & Associates, Inc. · Virginia · Professional & Technical Services
$3M in assets, 35 participants
M.J. Wells, Inc. & Associates, Inc.'s M.J. Wells & Associates, Inc. Employee Stock Ownership Plan reported $3M in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.
- #6,595 in Professional & Technical Services (20,173 peers)
M.J. Wells, Inc. & Associates, Inc. multi-year trail
M.J. Wells, Inc. & Associates, Inc.'s plans moved -53.3% in assets from 2022 to 2024; this filing shows M.J. Wells & Associates, Inc. Employee Stock Ownership Plan at $3M / 35 participants.
- #6,595
- in Professional & Technical Services (20,173 peers)
- -43.3%
- 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.
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,438,407 36th percentile higher than 36% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
M.J. Wells & Associates, 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. M.J. Wells & Associates, 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
- M.J. Wells & Associates, Inc. Employee Stock Ownership Plan reported net income fell from -$1M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- M.J. Wells & Associates, Inc. Employee Stock Ownership Plan end-of-year assets fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- M.J. Wells & Associates, Inc. Employee Stock Ownership Plan reported participants fell from 40 in the plan year 2023 filing to 35 in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 541604263 · M.J. Wells, Inc. & Associates, Inc. PY 2024 · ESOP
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan · $3M · 35 · 36th
- TYPE $3M
- NET 35
- BOOK 36th
- VS-ST ESOP
- BOY near Swissturn/USA, Inc. Employee Stock Ownership Plan
- SCH ind #6595
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 Virginia →
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood
M.J. Wells, Inc. & Associates, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All M.J. Wells, Inc. & Associates, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3M 53.32317823113885% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 42 | $7M |
| 2023 | 1 | 40 | $6M |
| 2024 | 1 | 35 | $3M |
M.J. Wells, Inc. & Associates, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$3M |
| Employer EIN | 541604263 |
| Plan Effective Date | 2007-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Nvr, Inc. Employee Stock Ownership Plan $1.3B · 6,515
- Delta Star Employee Stock Ownership Plan $447M · 222
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $407M · 1,962
- The Resorts Companies, Inc. Employee Stock Ownership Plan $386M · 1,811
- New River Electrical Corporation Employee Stock Ownership Plan $380M · 458
M.J. Wells & Associates, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Virginia, the nearest ESOP by assets is Swissturn/USA, Inc. Employee Stock Ownership Plan in MA ($3M); by covered participants it is Micro Craft ESOP in TN (35 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($3M here).
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.