ESOP · DOL Form 5500 · 2024

The Garvey Corporation Dba M-7 Technologies ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets: 35
Participants Small participant base: 33rd
Percentile by assets National rank: $79,714
Avg per participant Below avg balance/head

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Official DOL plan name: M 7 Technologies Employee Stock Ownership Plan · Sponsored by The Garvey Corporation Dba M-7 Technologies · Ohio · Manufacturing

$3M in assets, 35 participants

The Garvey Corporation Dba M-7 Technologies's M 7 Technologies Employee Stock Ownership Plan reported $3M in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

#2,999 in Manufacturing (17,777 peers)

What the 2024 filing shows

M 7 Technologies Employee Stock Ownership Plan holds $3M for 35 participants - about $79,714 per participant, in the lower half of filed plans by assets.

#2,999
in Manufacturing (17,777 peers): -$18M
reported net income

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

M 7 Technologies Employee Stock Ownership Plan among the smaller filed plans by assets

M 7 Technologies Employee Stock Ownership Plan vs every filed plan by assets

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

$2,790,000 33rd percentile higher than 33% 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 7 Technologies 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 7 Technologies Employee Stock Ownership Plan is a small filing (35 participants) on this national headcount ladder.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

M 7 Technologies Employee Stock Ownership Plan reported participants rose from 33 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 341292649 · The Garvey Corporation Dba M-7 Technologies PY 2024 · ESOP

M 7 Technologies Employee Stock Ownership Plan · $3M · 35 · 33rd

ASSETS $3M
ASSETS 35
ASSETS 33rd
ASSETS ESOP
ASSETS near Edward Kurth & Sons, Inc. Employee Stock Ownership Plan
ASSETS ind #2999

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 Ohio →

End-of-year total assets ($M) among M 7 Technologies Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)	N/A
Net Assets (End of Year)	-$18M
Net Income	-$18M
Employer EIN	341292649
Plan Effective Date	2023-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (The Garvey Corporation Dba M-7 Technologies)

Latest sponsor-wide plan assets: $3M; 2024 filing year

Year	Plans	Participants	Total Assets
2023	1	33	N/A
2024	1	35	$3M

Nearby ESOP Plans in Ohio

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

M 7 Technologies Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Procter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan $22.0B · 33,639
The Garland Industries, Inc. Employee Stock Ownership Plan & Trust $2.0B · 1,118
Messer Inc. Employee Stock Ownership Plan $696M · 903
Great Lakes Cheese Co., Inc. Employee Stock Ownership Plan $502M · 4,264
Cleveland Steel Container Corporation Employee Stock Ownership Plan $485M · 415

Compare M 7 Technologies Employee Stock Ownership Plan side-by-side with 3 peers →

M 7 Technologies Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Edward Kurth & Sons, Inc. Employee Stock Ownership Plan in NJ ($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).

Edward Kurth & Sons, Inc. Employee Stock Ownership Plan (NJ) $3M · 21
Great Southern Capital Corporation Employee Stock Ownership Plan (MS) $3M · 109
Ronald D. Howard, Inc. Employee Stock Ownership Plan (HI) $3M · 259
Thomas Gray & Associates Employee Stock Ownership Plan (CA) $3M · 6

Similar participant headcount

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

Micro Craft ESOP (TN) 35 · 0 off
Nelco Products, Inc. Employee Stock Ownership Plan (MA) 35 · 0 off
Best Mexican Foods, Inc. Employee Stock Ownership Plan (NY) 35 · 0 off
Braden Kitchens, Inc. Employee Stock Ownership Plan (FL) 35 · 0 off

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

Frequently Asked Questions

Which ESOP plans are similar in size to M 7 Technologies Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Edward Kurth & Sons, Inc. Employee Stock Ownership Plan in NJ ($3M, 21 participants).

Which ESOP plans cover a similar participant headcount to M 7 Technologies 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 341292649.