ESOP · DOL Form 5500 · 2024

Manar, Inc ESOP

Data updated 2026-08-25

$29M
Total assets Below avg plan size
450
Participants Below avg headcount
77th
Percentile by assets National rank
$64,479
Avg per participant Low balance/head
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Official DOL plan name: Manar Employee Stock Ownership Plan · Sponsored by Manar, Inc · Indiana · Manufacturing

$29M in assets, 450 participants

Manar, Inc's Manar Employee Stock Ownership Plan reported $29M in total assets and 450 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,113 in Manufacturing (17,777 peers)

Where Manar Employee Stock Ownership Plan sits by assets

Manar Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $29M for 450 participants (~$64,479/participant), up 53.2% in 2024.

#12,113
in Manufacturing (17,777 peers)
+53.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Manar Employee Stock Ownership Plan's outsized position by total assets

Manar Employee Stock Ownership Plan vs every filed plan by assets

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

$29,015,330 Top 23% higher than 77% 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

Manar Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Manar Employee Stock Ownership Plan sits mid-pack in the medium band (450 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Manar Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Manar Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • Manar Employee Stock Ownership Plan reported participants fell from 516 in the plan year 2023 filing to 450 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351320960 · Manar, Inc PY 2024 · ESOP

Manar Employee Stock Ownership Plan · $29M · 450 · 77th

  • BOY $29M
  • SCH 450
  • EBSA 77th
  • PART ESOP
  • TYPE near Lnl Abga Money Purchase Plan
  • NET ind #12113

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 Indiana →

Manar Employee Stock Ownership Plan in the asset neighbourhood

Kellner Employee Stock Ownership PlanKellner Employee Stock Owner…$29MZachary's Chicago Pizza, Inc. Employee Stock Ownership PlanZachary's Chicago Pizza, Inc…$29MManar Employee Stock Ownership PlanManar Employee Stock Ownersh…$29MLnl Abga Money Purchase Plan$29M2015 Amended and Restated Waterstone Bank Ssb Employee Stock Ownership Plan2015 Amended and Restated Wa…$29M
End-of-year total assets ($M) among Manar Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$29M
Net Income$10M
Employer EIN351320960
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Manar, Inc)

Sponsor-wide plan assets over time

All Manar, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$37M 61.44642387722564% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $22.7M $36.7M ▲ +61.5%
Year Plans Participants Total Assets
2022 2 853 $23M
2023 2 794 $26M
2024 2 703 $37M

Nearby ESOP Plans in Indiana

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

Manar Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Manar Employee Stock Ownership Plan, Total assets ($B): 0.02901533 · Participants: 450Manar Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
Manar Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Manar Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest ESOP by assets is Lnl Abga Money Purchase Plan in PA ($29M); by covered participants it is B & W Custom Truck Beds, Inc. Employee Stock Ownership Plan in KS (450 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (450 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 Manar Employee Stock Ownership Plan assets move in 2024? ▼
Manar Employee Stock Ownership Plan surged - up 53.2% during 2024, from $19M to $29M. Reported net income was $10M.
How have Manar, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Manar, Inc's sponsor-wide assets grew 61.4%, from $23M to $37M.
Where does Manar Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Manar Employee Stock Ownership Plan ranks in the 77th 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 Manar Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lnl Abga Money Purchase Plan in PA ($29M, 69 participants).
Which ESOP plans cover a similar participant headcount to Manar Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is B & W Custom Truck Beds, Inc. Employee Stock Ownership Plan in KS (450 participants, $44M 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 351320960.

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.