ESOP · DOL Form 5500 · 2024

Mid-States Steel Corporation ESOP

Data updated 2026-08-25

$17M
Total assets Small plan by assets
19
Participants Small participant base
68th
Percentile by assets National rank
$916,640
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mid-States Steel Corporation Employee Stock Ownership Plan · Sponsored by Mid-States Steel Corporation · Iowa · Manufacturing

$17M in assets, 19 participants

Mid-States Steel Corporation's Mid-States Steel Corporation Employee Stock Ownership Plan reported $17M in total assets and 19 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,007 in Manufacturing (17,777 peers)

What the 2024 filing shows

Mid-States Steel Corporation Employee Stock Ownership Plan holds $17M for 19 participants - about $916,640 per participant, above the median plan by assets.

#10,007
in Manufacturing (17,777 peers)
+1.7%
assets growth YoY

Mid-States Steel Corporation Employee Stock Ownership Plan's outsized position by total assets

Mid-States Steel Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$17,416,159 Top 32% higher than 68% 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

Mid-States Steel Corporation 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. Mid-States Steel Corporation Employee Stock Ownership Plan is a small filing (19 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mid-States Steel Corporation Employee Stock Ownership Plan reported net income fell from $769K in the plan year 2023 filing to $295K in the plan year 2024 filing.
  • Mid-States Steel Corporation Employee Stock Ownership Plan reported participants fell from 22 in the plan year 2023 filing to 19 in the plan year 2024 filing.
  • Mid-States Steel Corporation Employee Stock Ownership Plan end-of-year assets rose from $17M in the plan year 2023 filing to $17M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 420756439 · Mid-States Steel Corporation PY 2024 · ESOP

Mid-States Steel Corporation Employee Stock Ownership Plan · $17M · 19 · 68th

  • PCT $17M
  • EIN 19
  • RANK 68th
  • PHOTO ESOP
  • IND near Mgs Contracting, Inc. Employee Stock Ownership Plan
  • EOY ind #10007

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 Iowa →

Mid-States Steel Corporation Employee Stock Ownership Plan in the asset neighbourhood

Via Trading Corporation Employee Stock Ownership PlanVia Trading Corporation Empl…$17MForte Residential, Inc. Employee Stock Ownership PlanForte Residential, Inc. Empl…$17MMid-States Steel Corporation Employee Stock Ownership PlanMid-States Steel Corporation…$17MHoward Immel, Inc. Employee Stock Ownership PlanHoward Immel, Inc. Employee …$17MMgs Contracting, Inc. Employee Stock Ownership PlanMgs Contracting, Inc. Employ…$17M
End-of-year total assets ($M) among Mid-States Steel Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$17M
Net Income$295K
Employer EIN420756439
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mid-States Steel Corporation)

Sponsor-wide plan assets over time

All Mid-States Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$17M 6.507515542243733% vs 2022
2024 filing year
$16M$16.5M$17M$17.5M$18M 202220232024 $16.4M $17.4M ▲ +6.5%
Year Plans Participants Total Assets
2022 1 24 $16M
2023 1 22 $17M
2024 1 19 $17M

Nearby ESOP Plans in Iowa

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

Mid-States Steel Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. -500050010001500 -20002004006008001000 Total assets ($M) Participants Mid-States Steel Corporation Employee Stock Ownership Plan, Total assets ($M): 17.416159 · Participants: 19Mid-States Steel Corporation Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Mid-States Steel Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants

Mid-States Steel Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is Mgs Contracting, Inc. Employee Stock Ownership Plan in GA ($17M); by covered participants it is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants). Same-state nearby plans are listed separately above.

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 Mid-States Steel Corporation Employee Stock Ownership Plan assets move in 2024?
Mid-States Steel Corporation Employee Stock Ownership Plan edged up modestly - up 1.7% during 2024, from $17M to $17M. Reported net income was $295K.
How have Mid-States Steel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mid-States Steel Corporation's sponsor-wide assets grew 6.5%, from $16M to $17M.
Which ESOP plans are similar in size to Mid-States Steel Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Mgs Contracting, Inc. Employee Stock Ownership Plan in GA ($17M, 23 participants).
Which ESOP plans cover a similar participant headcount to Mid-States Steel Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Equinox Information Systems, Inc. Employee Stock Ownership Plan in TN (19 participants, $2M in assets).