ESOP · DOL Form 5500 · 2024

Mcaninch Corporation ESOP

Data updated 2026-08-25

$21M
Total assets Small plan by assets
225
Participants Below avg headcount
71st
Percentile by assets National rank
$91,487
Avg per participant Below avg balance/head
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Official DOL plan name: Mcaninch Holding Company Employee Stock Ownership Plan · Sponsored by Mcaninch Corporation · Iowa · Construction

$21M in assets, 225 participants

Mcaninch Corporation's Mcaninch Holding Company Employee Stock Ownership Plan reported $21M in total assets and 225 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #6,298 in Construction (9,039 peers)

Coverage in Iowa

Mcaninch Holding Company Employee Stock Ownership Plan covers 225 participants in Iowa, about 37% of the average Iowa filer (state average ~609 per filing). Assets: $21M.

#6,298
in Construction (9,039 peers)
+75.4%
assets growth YoY

Mcaninch Holding Company Employee Stock Ownership Plan's outsized position by total assets

Mcaninch Holding Company Employee Stock Ownership Plan vs every filed plan by assets

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

$20,584,574 Top 29% higher than 71% 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

Mcaninch Holding Company 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. Mcaninch Holding Company Employee Stock Ownership Plan sits mid-pack in the medium band (225 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mcaninch Holding Company Employee Stock Ownership Plan end-of-year assets rose from $12M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Mcaninch Holding Company Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Mcaninch Holding Company Employee Stock Ownership Plan reported participants fell from 263 in the plan year 2023 filing to 225 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 420929827 · Mcaninch Corporation PY 2024 · ESOP

Mcaninch Holding Company Employee Stock Ownership Plan · $21M · 225 · 71st

  • EIN $21M
  • EIN 225
  • EIN 71st
  • EIN ESOP
  • EIN near Thermoanalytics, Inc. Employee Stock Ownership Plan
  • EIN ind #6298

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 Iowa →

Mcaninch Holding Company Employee Stock Ownership Plan in the asset neighbourhood

Nelco Products, Inc. Employee Stock Ownership PlanNelco Products, Inc. Employe…$21MMcaninch Holding Company Employee Stock Ownership PlanMcaninch Holding Company Emp…$21MThermoanalytics, Inc. Employee Stock Ownership PlanThermoanalytics, Inc. Employ…$21MUscb, Inc. Employee Stock Ownership PlanUscb, Inc. Employee Stock Ow…$21MJ. B. Steel Employee Stock Ownership PlanJ. B. Steel Employee Stock O…$21M
End-of-year total assets ($M) among Mcaninch Holding Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$9M
Employer EIN420929827
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcaninch Corporation)

Sponsor-wide plan assets over time

All Mcaninch Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$21M 41.23764059302511% vs 2022
2024 filing year
$10M$15M$20M$25M$30M 202220232024 $14.6M $20.6M ▲ +41.2%
Year Plans Participants Total Assets
2022 1 50 $15M
2023 2 309 $29M
2024 1 225 $21M

Nearby ESOP Plans in Iowa

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

Mcaninch Holding Company Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Mcaninch Holding Company Employee Stock Ownership Plan, Total assets ($M): 20.584574 · Participants: 225Mcaninch Holding Company Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Mcaninch Holding Company Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest ESOP by assets is Thermoanalytics, Inc. Employee Stock Ownership Plan in MI ($21M); by covered participants it is Tmi Corporation ESOP in ND (225 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (225 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 Mcaninch Holding Company Employee Stock Ownership Plan assets move in 2024?
Mcaninch Holding Company Employee Stock Ownership Plan surged - up 75.4% during 2024, from $12M to $21M. Reported net income was $9M.
How have Mcaninch Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Mcaninch Corporation's sponsor-wide assets grew 41.2%, from $15M to $21M.
Which ESOP plans are similar in size to Mcaninch Holding Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Thermoanalytics, Inc. Employee Stock Ownership Plan in MI ($21M, 25 participants).
Which ESOP plans cover a similar participant headcount to Mcaninch Holding Company Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Tmi Corporation ESOP in ND (225 participants, $10M in assets).