ESOP · DOL Form 5500 · 2024

Mcg Utilities, Inc. ESOP

Data updated 2026-08-25

$120K
Total assets Small plan by assets
67
Participants Small participant base
7th
Percentile by assets National rank
$1,791
Avg per participant Low balance/head
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Official DOL plan name: Mcg Utilities Employee Stock Ownership Plan · Sponsored by Mcg Utilities, Inc. · Pennsylvania · Construction

$120K in assets, 67 participants

Mcg Utilities, Inc.'s Mcg Utilities Employee Stock Ownership Plan reported $120K in total assets and 67 participants in its 2024 DOL Form 5500 filing, ranking in the 7th 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.

  • #596 in Construction (9,039 peers)

Mcg Utilities, Inc. multi-year trail

Mcg Utilities, Inc.'s plans moved -97.3% in assets from 2022 to 2024; this filing shows Mcg Utilities Employee Stock Ownership Plan at $120K / 67 participants.

#596
in Construction (9,039 peers)
-$827K
reported net income

The plan reported a net loss of $827K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcg Utilities Employee Stock Ownership Plan among the smaller filed plans by assets

Mcg Utilities Employee Stock Ownership Plan vs every filed plan by assets

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

$120,000 7th percentile higher than 7% 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

Mcg Utilities 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. Mcg Utilities Employee Stock Ownership Plan is a small filing (67 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 232971573 · Mcg Utilities, Inc. PY 2024 · ESOP

Mcg Utilities Employee Stock Ownership Plan · $120K · 67 · 7th

  • EIN $120K
  • RANK 67
  • PHOTO 7th
  • IND ESOP
  • EOY near Martell Services Group, Inc. Employee Stock Ownership Plan
  • 5500 ind #596

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 Pennsylvania →

Mcg Utilities Employee Stock Ownership Plan in the asset neighbourhood

Mcg Utilities Employee Stock Ownership PlanMcg Utilities Employee Stock…$120KMartell Services Group, Inc. Employee Stock Ownership PlanMartell Services Group, Inc.…$120KReinhardt Corp. Employee Stock Ownership PlanReinhardt Corp. Employee Sto…$120KMacpherson's Employee Stock Ownership PlanMacpherson's Employee Stock …$119KStoney Creek Employee Stock Ownership TrustStoney Creek Employee Stock …$119K
End-of-year total assets ($M) among Mcg Utilities Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Mcg Utilities, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Mcg Utilities, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$120K 97.25167888066377% vs 2022
2024 filing year
$0M$2M$4M$6M 20222024 $4.37M $0.12M ▼ -97.3%
Year Plans Participants Total Assets
2022 1 95 $4M
2024 1 67 $120K

Mcg Utilities, Inc. filing trail (2024)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$827K
Net Income-$827K
Employer EIN232971573
Plan Effective Date2024-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Mcg Utilities Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Mcg Utilities Employee Stock Ownership Plan, Total assets ($B): 0.00012 · Participants: 67Mcg Utilities Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Mcg Utilities Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Mcg Utilities Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Martell Services Group, Inc. Employee Stock Ownership Plan in IN ($120K); by covered participants it is Phillips Brothers Construction Employee Stock Ownership Plan in KY (67 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (67 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 have Mcg Utilities, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2024), Mcg Utilities, Inc.'s sponsor-wide assets declined 97.3%, from $4M to $120K.
Where does Mcg Utilities Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Mcg Utilities Employee Stock Ownership Plan ranks in the 7th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Mcg Utilities Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Martell Services Group, Inc. Employee Stock Ownership Plan in IN ($120K, 110 participants).
Which ESOP plans cover a similar participant headcount to Mcg Utilities Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Phillips Brothers Construction Employee Stock Ownership Plan in KY (67 participants, $12M 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 232971573.

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.