ESOP · DOL Form 5500 · 2024

Mainely Tubs ESOP

Data updated 2026-08-25

$24M
Total assets Small plan by assets
80
Participants Small participant base
74th
Percentile by assets National rank
$303,510
Avg per participant High balance/head
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Official DOL plan name: Mainely Tubs Employee Stock Ownership Plan · Sponsored by Mainely Tubs · Maine · Retail Trade

$24M in assets, 80 participants

Mainely Tubs's Mainely Tubs Employee Stock Ownership Plan reported $24M in total assets and 80 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #6,740 in Retail Trade (8,048 peers)

Mainely Tubs multi-year trail

Mainely Tubs's plans moved -39.1% in assets from 2022 to 2024; this filing shows Mainely Tubs Employee Stock Ownership Plan at $24M / 80 participants.

#6,740
in Retail Trade (8,048 peers)
-18.7%
assets change YoY

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mainely Tubs Employee Stock Ownership Plan's outsized position by total assets

Mainely Tubs Employee Stock Ownership Plan vs every filed plan by assets

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

$24,280,828 Top 26% higher than 74% 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

Mainely Tubs 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. Mainely Tubs Employee Stock Ownership Plan is a small filing (80 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mainely Tubs Employee Stock Ownership Plan reported net income rose from -$10M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
  • Mainely Tubs Employee Stock Ownership Plan reported participants rose from 66 in the plan year 2023 filing to 80 in the plan year 2024 filing.
  • Mainely Tubs Employee Stock Ownership Plan end-of-year assets fell from $30M in the plan year 2023 filing to $24M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 010486185 · Mainely Tubs PY 2024 · ESOP

Mainely Tubs Employee Stock Ownership Plan · $24M · 80 · 74th

  • PART $24M
  • TYPE 80
  • NET 74th
  • BOOK ESOP
  • VS-ST near Wph Employee Stock Ownership Plan
  • BOY ind #6740

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 Maine →

Mainely Tubs Employee Stock Ownership Plan in the asset neighbourhood

The Gordon Highlander Corporation Employee Stock Ownership PlanThe Gordon Highlander Corpor…$24MFinit Employee Stock Ownership PlanFinit Employee Stock Ownersh…$24MMainely Tubs Employee Stock Ownership PlanMainely Tubs Employee Stock …$24MWph Employee Stock Ownership PlanWph Employee Stock Ownership…$24MHome Bancorp, Inc. Employee Stock Ownership PlanHome Bancorp, Inc. Employee …$24M
End-of-year total assets ($M) among Mainely Tubs Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Mainely Tubs multi-year asset trail

Sponsor-wide plan assets over time

All Mainely Tubs plans reported in each filing year

Latest sponsor-wide plan assets
$24M 39.08047470849571% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $39.9M $24.3M ▼ -39.1%
Year Plans Participants Total Assets
2022 1 62 $40M
2023 1 66 $30M
2024 1 80 $24M

Mainely Tubs filing trail (2024)

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$22M
Net Income-$5M
Employer EIN010486185
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maine

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

Mainely Tubs Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400500600 050100150 Total assets ($M) Participants Mainely Tubs Employee Stock Ownership Plan, Total assets ($M): 24.280828 · Participants: 80Mainely Tubs Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 132.8512 · Participants: 513Sc Holdings, Inc. Employee Stock Ownership PlanMaine Drilling & Blasting Group Employee Stock Ownership Plan, Total assets ($M): 91.887524 · Participants: 440Maine Drilling & Blasting Group Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 73.244662 · Participants: 252Johnnys Selected Seeds Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 51.145486 · Participants: 178Systems Engineering, Inc. Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 49.221774 · Participants: 80Portland Air Freight, Inc. Employee Stock Ownership Plan
Mainely Tubs Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Mainely Tubs Employee Stock Ownership Plan side-by-side with 3 peers →

Mainely Tubs Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is Wph Employee Stock Ownership Plan in CA ($24M); by covered participants it is Sands Wall Systems, Inc. Employee Stock Ownership Plan in SD (80 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (80 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 Mainely Tubs Employee Stock Ownership Plan assets move in 2024? ▼
Mainely Tubs Employee Stock Ownership Plan declined sharply - down 18.7% during 2024, from $30M to $24M. Reported net income was -$5M.
How have Mainely Tubs plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mainely Tubs's sponsor-wide assets declined 39.1%, from $40M to $24M.
Which ESOP plans are similar in size to Mainely Tubs Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wph Employee Stock Ownership Plan in CA ($24M, 62 participants).
Which ESOP plans cover a similar participant headcount to Mainely Tubs Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sands Wall Systems, Inc. Employee Stock Ownership Plan in SD (80 participants, $15M 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 010486185.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.