ESOP · DOL Form 5500 · 2024

Marathon Electrical Holdings, Inc. ESOP

Data updated 2026-08-25

$58M
Total assets Below avg plan size
448
Participants Below avg headcount
86th
Percentile by assets National rank
$130,335
Avg per participant Near avg balance/head
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Official DOL plan name: Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Marathon Electrical Holdings, Inc. · Alabama · Construction

$58M in assets, 448 participants

Marathon Electrical Holdings, Inc.'s Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan reported $58M in total assets and 448 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,587 in Construction (9,039 peers)

Where Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan sits by assets

Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $58M for 448 participants (~$130,335/participant), up 676.5% in 2024.

#7,587
in Construction (9,039 peers)
+676.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan's outsized position by total assets

Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$58,390,000 Top 14% higher than 86% 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

Marathon Electrical Holdings, Inc. 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. Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (448 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2023 filing to $51M in the plan year 2024 filing.
  • Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2023 filing to $58M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 832954118 · Marathon Electrical Holdings, Inc. PY 2024 · ESOP

Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan · $58M · 448 · 86th

  • EBSA $58M
  • EBSA 448
  • EBSA 86th
  • EBSA ESOP
  • EBSA near Digital Dynamics, Inc. Employee Stock Ownership Plan
  • EBSA ind #7587

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 Alabama →

Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Gerald H. Phipps, Inc. Employees' Stock Ownership PlanGerald H. Phipps, Inc. Emplo…$59MMarathon Electrical Holdings, Inc. Employee Stock Ownership PlanMarathon Electrical Holdings…$58MDigital Dynamics, Inc. Employee Stock Ownership PlanDigital Dynamics, Inc. Emplo…$58MProvident Bank Employee Stock Ownership PlanProvident Bank Employee Stoc…$58MAmerican Business Group, Inc. Employee Stock Ownership Plan and TrustAmerican Business Group, Inc…$58M
End-of-year total assets ($M) among Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$53M
Net Income$51M
Employer EIN832954118
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marathon Electrical Holdings, Inc.)

Sponsor-wide plan assets over time

All Marathon Electrical Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 676.4627659574468% vs 2023
2024 filing year
$0M$20M$40M$60M$80M 20232024 $7.52M $58.4M ▲ +676.5%
Year Plans Participants Total Assets
2023 1 452 $8M
2024 1 448 $58M

Nearby ESOP Plans in Alabama

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

Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0200400600 Total assets ($M) Participants Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 58.39 · Participants: 448Marathon Electrical Holdings, Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 515.369863 · Participants: 1644Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 242.741411 · Participants: 298Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 224.790459 · Participants: 125Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 194.917315 · Participants: 1041Radiance Technologies, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries, Total assets ($M): 181.843353 · Participants: 958Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries
Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Alabama, the nearest ESOP by assets is Digital Dynamics, Inc. Employee Stock Ownership Plan in CA ($58M); by covered participants it is Folience, Inc. Employee Stock Ownership Plan in IA (447 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (448 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 Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan surged - up 676.5% during 2024, from $8M to $58M. Reported net income was $51M.
How have Marathon Electrical Holdings, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Marathon Electrical Holdings, Inc.'s sponsor-wide assets grew 676.5%, from $8M to $58M.
Where does Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Digital Dynamics, Inc. Employee Stock Ownership Plan in CA ($58M, 86 participants).
Which ESOP plans cover a similar participant headcount to Marathon Electrical Holdings, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Folience, Inc. Employee Stock Ownership Plan in IA (447 participants, $43M 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 832954118.

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.