ESOP · DOL Form 5500 · 2024

Mark Development Company, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
34
Participants Small participant base
29th
Percentile by assets National rank
$58,024
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Heritage Homes Employee Stock Ownership Plan · Sponsored by Mark Development Company, Inc. · North Dakota · Construction

$2M in assets, 34 participants

Mark Development Company, Inc.'s Heritage Homes Employee Stock Ownership Plan reported $2M in total assets and 34 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

  • #2,503 in Construction (9,039 peers)

Mark Development Company, Inc. multi-year trail

Mark Development Company, Inc.'s plans moved +107.7% in assets from 2023 to 2024; this filing shows Heritage Homes Employee Stock Ownership Plan at $2M / 34 participants.

#2,503
in Construction (9,039 peers)
+107.7%
assets growth YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Heritage Homes Employee Stock Ownership Plan among the smaller filed plans by assets

Heritage Homes Employee Stock Ownership Plan vs every filed plan by assets

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

$1,972,823 29th percentile higher than 29% 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

Heritage Homes 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. Heritage Homes Employee Stock Ownership Plan is a small filing (34 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Heritage Homes Employee Stock Ownership Plan reported net income fell from $475K in the plan year 2023 filing to -$4M in the plan year 2024 filing.
  • Heritage Homes Employee Stock Ownership Plan end-of-year assets rose from $950K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Heritage Homes Employee Stock Ownership Plan reported participants rose from 33 in the plan year 2023 filing to 34 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 450443839 · Mark Development Company, Inc. PY 2024 · ESOP

Heritage Homes Employee Stock Ownership Plan · $2M · 34 · 29th

  • EIN $2M
  • EIN 34
  • EIN 29th
  • EIN ESOP
  • EIN near Aftercare Nursing Services, Inc. Employee Stock Ownership Plan
  • EIN ind #2503

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 North Dakota →

Heritage Homes Employee Stock Ownership Plan in the asset neighbourhood

Heritage Homes Employee Stock Ownership PlanHeritage Homes Employee Stoc…$2MAftercare Nursing Services, Inc. Employee Stock Ownership PlanAftercare Nursing Services, …$2MAlthouse and Meade, Inc. Employee Stock Ownership PlanAlthouse and Meade, Inc. Emp…$2MKvk Precision Specialties, Inc. Employee Stock Ownership PlanKvk Precision Specialties, I…$2MFirst National Bank of Sparta Profit Sharing PlanFirst National Bank of Spart…$2M
End-of-year total assets ($M) among Heritage Homes Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Mark Development Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mark Development Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 107.65005983763318% vs 2023
2024 filing year
$0.5M$1M$1.5M$2M$2.5M 20232024 $0.95M $1.97M ▲ +107.4%
Year Plans Participants Total Assets
2023 1 33 $950K
2024 1 34 $2M

Mark Development Company, Inc. filing trail (2024)

Total Assets (Beginning of Year)$950K
Net Assets (End of Year)-$3M
Net Income-$4M
Employer EIN450443839
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Heritage Homes Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Heritage Homes Employee Stock Ownership Plan, Total assets ($B): 0.001972823 · Participants: 34Heritage Homes Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.326258119 · Participants: 3256Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.962968241 · Participants: 5157Scheels Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.192805392 · Participants: 1117Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.097711974 · Participants: 89Frontier Precision, Inc Employee Stock Ownership PlanKlj Solutions Co Employee Stock Ownership Plan, Total assets ($B): 0.09240993 · Participants: 525Klj Solutions Co Employee Stock Ownership Plan
Heritage Homes Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Heritage Homes Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Dakota, the nearest ESOP by assets is Aftercare Nursing Services, Inc. Employee Stock Ownership Plan in NY ($2M); by covered participants it is Custom Interface, Inc. Employee Stock Ownership Plan and Trust in WA (34 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (34 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 Heritage Homes Employee Stock Ownership Plan assets move in 2024? ▼
Heritage Homes Employee Stock Ownership Plan surged - up 107.7% during 2024, from $950K to $2M. Reported net income was -$4M.
How have Mark Development Company, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Mark Development Company, Inc.'s sponsor-wide assets grew 107.7%, from $950K to $2M.
Which ESOP plans are similar in size to Heritage Homes Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Aftercare Nursing Services, Inc. Employee Stock Ownership Plan in NY ($2M, 191 participants).
Which ESOP plans cover a similar participant headcount to Heritage Homes Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Custom Interface, Inc. Employee Stock Ownership Plan and Trust in WA (34 participants, N/A 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 450443839.

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.