ESOP · DOL Form 5500 · 2024

The Martindale Electric Company ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
31
Participants Small participant base
40th
Percentile by assets National rank
$148,042
Avg per participant Above avg balance/head
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Official DOL plan name: The Martindale Electric Company Employee Stock Ownership Plan · Sponsored by The Martindale Electric Company · Ohio · Manufacturing

$5M in assets, 31 participants

The Martindale Electric Company's The Martindale Electric Company Employee Stock Ownership Plan reported $5M in total assets and 31 participants in its 2024 DOL Form 5500 filing, ranking in the 40th 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.

  • #4,183 in Manufacturing (17,777 peers)

The Martindale Electric Company multi-year trail

The Martindale Electric Company's plans moved +23.4% in assets from 2022 to 2024; this filing shows The Martindale Electric Company Employee Stock Ownership Plan at $5M / 31 participants.

#4,183
in Manufacturing (17,777 peers)
+11.0%
assets growth YoY

The Martindale Electric Company Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

The Martindale Electric Company Employee Stock Ownership Plan vs every filed plan by assets

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

$4,589,306 40th percentile higher than 40% 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

The Martindale Electric Company 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. The Martindale Electric Company Employee Stock Ownership Plan is a small filing (31 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Martindale Electric Company Employee Stock Ownership Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • The Martindale Electric Company Employee Stock Ownership Plan reported net income rose from $416K in the plan year 2023 filing to $454K in the plan year 2024 filing.
  • The Martindale Electric Company Employee Stock Ownership Plan reported participants fell from 32 in the plan year 2023 filing to 31 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 340381800 · The Martindale Electric Company PY 2024 · ESOP

The Martindale Electric Company Employee Stock Ownership Plan · $5M · 31 · 40th

  • IND $5M
  • IND 31
  • IND 40th
  • IND ESOP
  • IND near F & M Bank Corp. Stock Bonus Plan
  • IND ind #4183

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 →

The Martindale Electric Company Employee Stock Ownership Plan in the asset neighbourhood

Logan Equity Holdings, Inc. Employee Stock Ownership PlanLogan Equity Holdings, Inc. …$5MThe Martindale Electric Company Employee Stock Ownership PlanThe Martindale Electric Comp…$5MF & M Bank Corp. Stock Bonus PlanF & M Bank Corp. Stock Bonus…$5MIecp Employee Stock Ownership PlanIecp Employee Stock Ownershi…$5MGreat Lakes Environmental Center, Inc. Employee Stock Ownership PlanGreat Lakes Environmental Ce…$5M
End-of-year total assets ($M) among The Martindale Electric Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

The Martindale Electric Company multi-year asset trail

Sponsor-wide plan assets over time

All The Martindale Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 23.408050863637413% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M 202220232024 $3.72M $4.59M ▲ +23.4%
Year Plans Participants Total Assets
2022 1 34 $4M
2023 1 32 $4M
2024 1 31 $5M

The Martindale Electric Company filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$454K
Employer EIN340381800
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

The Martindale Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants The Martindale Electric Company Employee Stock Ownership Plan, Total assets ($B): 0.004589306 · Participants: 31The Martindale Electric Company Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
The Martindale Electric Company Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare The Martindale Electric Company Employee Stock Ownership Plan side-by-side with 3 peers →

The Martindale Electric Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is F & M Bank Corp. Stock Bonus Plan in VA ($5M); by covered participants it is The American National Bank of Beaver Dam Employee Stock Ownership Plan in WI (31 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (31 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 The Martindale Electric Company Employee Stock Ownership Plan assets move in 2024? ▼
The Martindale Electric Company Employee Stock Ownership Plan grew at a solid clip - up 11.0% during 2024, from $4M to $5M. Reported net income was $454K.
How have The Martindale Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Martindale Electric Company's sponsor-wide assets grew 23.4%, from $4M to $5M.
Which ESOP plans are similar in size to The Martindale Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is F & M Bank Corp. Stock Bonus Plan in VA ($5M, 177 participants).
Which ESOP plans cover a similar participant headcount to The Martindale Electric Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The American National Bank of Beaver Dam Employee Stock Ownership Plan in WI (31 participants, $6M 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 340381800.

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.