ESOP · DOL Form 5500 · 2024
Marine Solutions, Inc. ESOP
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 92
- Participants Small participant base
- 36th
- Percentile by assets National rank
- $38,334
- Avg per participant Low balance/head
Official DOL plan name: Marine Solutions Inc. Employee Stock Ownership Plan · Sponsored by Marine Solutions, Inc. · Kentucky · Construction
$4M in assets, 92 participants
Marine Solutions, Inc.'s Marine Solutions Inc. Employee Stock Ownership Plan reported $4M in total assets and 92 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.
- #3,162 in Construction (9,039 peers)
Marine Solutions, Inc. multi-year trail
Marine Solutions, Inc.'s plans moved +127.0% in assets from 2022 to 2024; this filing shows Marine Solutions Inc. Employee Stock Ownership Plan at $4M / 92 participants.
- #3,162
- in Construction (9,039 peers)
- +810.1%
- assets growth YoY
Marine Solutions Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers
Marine Solutions Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$3,526,750 36th percentile higher than 36% 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
Marine Solutions Inc. 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. Marine Solutions Inc. Employee Stock Ownership Plan is a small filing (92 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Marine Solutions Inc. Employee Stock Ownership Plan end-of-year assets rose from $388K in the plan year 2023 filing to $4M in the plan year 2024 filing.
- Marine Solutions Inc. Employee Stock Ownership Plan reported net income fell from $388K in the plan year 2023 filing to $255K in the plan year 2024 filing.
- Marine Solutions Inc. Employee Stock Ownership Plan reported participants fell from 95 in the plan year 2023 filing to 92 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 205802740 · Marine Solutions, Inc. PY 2024 · ESOP
Marine Solutions Inc. Employee Stock Ownership Plan · $4M · 92 · 36th
- ASSETS $4M
- ASSETS 92
- ASSETS 36th
- ASSETS ESOP
- ASSETS near Shoestring Valley Holdings, Inc. Employee Stock Ownership Plan
- ASSETS ind #3162
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 Kentucky →
Marine Solutions Inc. Employee Stock Ownership Plan in the asset neighbourhood
Marine Solutions, Inc. multi-year asset trail
Sponsor-wide plan assets over time
All Marine Solutions, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $16M 126.98961460845597% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 105 | $7M |
| 2023 | 2 | 201 | $10M |
| 2024 | 2 | 205 | $16M |
Marine Solutions, Inc. filing trail (2024)
| Total Assets (Beginning of Year) | $388K |
|---|---|
| Net Assets (End of Year) | $643K |
| Net Income | $255K |
| Employer EIN | 205802740 |
| Plan Effective Date | 2023-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Kentucky
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Houchens Industries, Inc. Employee Stock Ownership Plan $2.6B · 7,785
- Gray, Inc. Employee Stock Ownership Plan $177M · 1,534
- Stock Yards Bank & Trust Company 401(k) and Employee Stock Ownership Plan $167M · 1,107
- Interstate Personnel Services, Inc. Employee Stock Ownership Plan $123M · 834
- H & R Agri-Power Employee Stock Ownership Plan $111M · 522
Marine Solutions Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Kentucky, the nearest ESOP by assets is Shoestring Valley Holdings, Inc. Employee Stock Ownership Plan in OR ($4M); by covered participants it is Evergreen Trading Employee Stock Ownership Plan in NY (92 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4M here).
- Shoestring Valley Holdings, Inc. Employee Stock Ownership Plan (OR) $4M · 310
- Todd Construction, Inc. Employee Stock Ownership Plan and Trust (OR) $4M · 55
- Kansas-Oklahoma Machine Tools, Inc. Employee Stock Ownership Plan (KS) $4M · 16
- Marketing Results Nevada Corp. Employee Stock Ownership Plan (NV) $4M · 13
Similar participant headcount
Nearest other-state filings by covered participants (92 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.