ESOP · DOL Form 5500 · 2024
Malco Tools, Inc. ESOP
Data updated 2026-08-25
- $187M
- Total assets Near avg plan size
- 139
- Participants Small participant base
- 94th
- Percentile by assets National rank
- $1.3M
- Avg per participant High balance/head
Official DOL plan name: Malco Products Sbc Employee Stock Ownership Plan · Sponsored by Malco Tools, Inc. · Minnesota · Manufacturing
$187M in assets, 139 participants
Malco Tools, Inc.'s Malco Products Sbc Employee Stock Ownership Plan reported $187M in total assets and 139 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #16,167 in Manufacturing (17,777 peers)
Coverage in Minnesota
Malco Products Sbc Employee Stock Ownership Plan covers 139 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $187M.
- #16,167
- in Manufacturing (17,777 peers)
- +175.8%
- assets growth YoY
- 1.9×
- vs typical plan assets (national mean)
Malco Products Sbc Employee Stock Ownership Plan's outsized position by total assets
Malco Products Sbc Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$187,251,461 Top 6% higher than 94% 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
Malco Products Sbc 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. Malco Products Sbc Employee Stock Ownership Plan sits mid-pack in the medium band (139 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Malco Products Sbc Employee Stock Ownership Plan reported net income rose from $24M in the plan year 2023 filing to $126M in the plan year 2024 filing.
- Malco Products Sbc Employee Stock Ownership Plan end-of-year assets rose from $68M in the plan year 2023 filing to $187M in the plan year 2024 filing.
- Malco Products Sbc Employee Stock Ownership Plan reported participants fell from 186 in the plan year 2023 filing to 139 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 410876482 · Malco Tools, Inc. PY 2024 · ESOP
Malco Products Sbc Employee Stock Ownership Plan · $187M · 139 · 94th
- SCH $187M
- SCH 139
- SCH 94th
- SCH ESOP
- SCH near Rancho Mesquite Casino, Inc. Employee Stock Ownership Plan
- SCH ind #16167
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 Minnesota →
Malco Products Sbc Employee Stock Ownership Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $68M |
|---|---|
| Net Assets (End of Year) | $187M |
| Net Income | $126M |
| Employer EIN | 410876482 |
| Plan Effective Date | 1999-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Malco Tools, Inc.)
Sponsor-wide plan assets over time
All Malco Tools, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $209M 218.22121676690182% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 424 | $66M |
| 2023 | 2 | 372 | $89M |
| 2024 | 2 | 277 | $209M |
Nearby ESOP Plans in Minnesota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Andersen Corporation Employee Stock Ownership Plan $963M · 12,104
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $594M · 490
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $594M · 782
- Force America Inc. Employee Stock Ownership Plan $473M · 615
- Ablenet, Inc. Employee Stock Ownership Plan $460M · 134
Malco Products Sbc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Minnesota, the nearest ESOP by assets is Rancho Mesquite Casino, Inc. Employee Stock Ownership Plan in NV ($187M); by covered participants it is The Gillette Company Employee Stock Ownership Plan in MA (139 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($187M here).
- Rancho Mesquite Casino, Inc. Employee Stock Ownership Plan (NV) $187M · 519
- Whitaker Construction Co., Inc. Employee Stock Ownership Plan (UT) $185M · 772
- Cmg, Inc. (WI) $189M · 77
- Harrell's Employee Stock Ownership Plan (FL) $185M · 462
Similar participant headcount
Nearest other-state filings by covered participants (139 participants); asset peers above are excluded.
- The Gillette Company Employee Stock Ownership Plan (MA) 139 · 0 off
- Christian Brothers Automotive Corporation Employee Stock Ownership Plan (TX) 139 · 0 off
- Texas Scenic Company, Inc. Employee Stock Ownership Plan (TX) 139 · 0 off
- Kesslers Diamond Center Inc. Employee Stock Ownership Plan (WI) 139 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.