Other Β· DOL Form 5500 Β· 2024

Nagle Paving Company Employee Stock Ownership Plan

Data updated 2026-05-15

$15M
Total assets
203
Participants
64th
Percentile by assets
$71,910
Avg per participant

Sponsored by Nagle Paving Holding Company, Inc. Β· Michigan Β· Construction

What the 2024 filing shows

Nagle Paving Company Employee Stock Ownership Plan holds $15M for 203 participants - about $71,910 per participant, above the median plan by assets, up 294.5% over the 2024 plan year.

$15M
total plan assets (2024 EOY)
203
covered participants
64th
percentile by assets (of 116,472 plans)
$71,910
avg assets per participant

The plan reported a net loss of $111M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Construction

Other Β· DOL Form 5500 Β· 2024

What the Filing Says About Nagle Paving Company Employee Stock Ownership Plan

Nagle Paving Company Employee Stock Ownership Plan is an Other retirement plan sponsored by Nagle Paving Holding Company, Inc., headquartered in Michigan. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 203 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 994168631, and the plan has been effective since 2023-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets surged from $4M at the beginning of 2024 to $15M at year-end - up 294.5%. Net assets (after liabilities) closed the year at -$107M, with reported net income of -$111M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Nagle Paving Company Employee Stock Ownership Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$4M
Total Assets (End of Year)$15M
Net Assets (End of Year)-$107M
Net Income-$111M
Plan TypeOther
Employer EIN994168631
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Michigan

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

Frequently Asked Questions

How much money is in the Nagle Paving Company Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Nagle Paving Company Employee Stock Ownership Plan holds $15M in total assets with 203 participants. It is sponsored by Nagle Paving Holding Company, Inc..
What type of plan is Nagle Paving Company Employee Stock Ownership Plan?
Nagle Paving Company Employee Stock Ownership Plan is an Other plan. It has been effective since 2023-01-01. The plan is filed with the U.S. Department of Labor under EIN 994168631.
Who sponsors the Nagle Paving Company Employee Stock Ownership Plan?
Nagle Paving Company Employee Stock Ownership Plan is sponsored by Nagle Paving Holding Company, Inc., located in Michigan. The sponsor's EIN is 994168631 and the plan operates in the Construction industry.
How did Nagle Paving Company Employee Stock Ownership Plan perform in 2024?
Nagle Paving Company Employee Stock Ownership Plan surged - up 294.5% during 2024, moving from $4M to $15M in total assets. Net income was -$111M.

What this filing means

Ways to act on Nagle Paving Company Employee Stock Ownership Plan's numbers.

  • By total assets, Nagle Paving Company Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Other plans in Michigan. Compare plans
  • An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 994168631.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.