ESOP · DOL Form 5500 · 2024

Notch Welding & Mechanical Contractors, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
92
Participants Small participant base
59th
Percentile by assets National rank
$126,957
Avg per participant Near avg balance/head
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Official DOL plan name: Notch Employee Stock Ownership Plan · Sponsored by Notch Welding & Mechanical Contractors, Inc. · Massachusetts · Construction

$12M in assets, 92 participants

Notch Welding & Mechanical Contractors, Inc.'s Notch Employee Stock Ownership Plan reported $12M in total assets and 92 participants in its 2024 DOL Form 5500 filing, ranking in the 59th 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.

  • #5,175 in Construction (9,039 peers)

Notch Welding & Mechanical Contractors, Inc. multi-year trail

Notch Welding & Mechanical Contractors, Inc.'s plans moved +55.5% in assets from 2022 to 2024; this filing shows Notch Employee Stock Ownership Plan at $12M / 92 participants.

#5,175
in Construction (9,039 peers)
+4.2%
assets growth YoY

Notch Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Notch Employee Stock Ownership Plan vs every filed plan by assets

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

$11,680,000 Top 41% higher than 59% 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

Notch 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. Notch Employee Stock Ownership Plan is a small filing (92 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Notch Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $589K in the plan year 2024 filing.
  • Notch Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Notch Employee Stock Ownership Plan reported participants fell from 95 in the plan year 2023 filing to 92 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 042587894 · Notch Welding & Mechanical Contractors, Inc. PY 2024 · ESOP

Notch Employee Stock Ownership Plan · $12M · 92 · 59th

  • SCH $12M
  • SCH 92
  • SCH 59th
  • SCH ESOP
  • SCH near Vance Metal Fabricators, Inc. Employee Stock Ownership Plan
  • SCH ind #5175

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 Massachusetts →

Notch Employee Stock Ownership Plan in the asset neighbourhood

Mechworks Mechanical Contractors Inc Employee Stock Ownership PlanMechworks Mechanical Contrac…$12MPanelmatic, Inc. Employee Stock Ownership PlanPanelmatic, Inc. Employee St…$12MBlt Communications, LLC Employee Stock Ownership PlanBlt Communications, LLC Empl…$12MNotch Employee Stock Ownership PlanNotch Employee Stock Ownersh…$12MVance Metal Fabricators, Inc. Employee Stock Ownership PlanVance Metal Fabricators, Inc…$12M
End-of-year total assets ($M) among Notch Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Notch Welding & Mechanical Contractors, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Notch Welding & Mechanical Contractors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 55.52596537949401% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.51M $11.7M ▲ +55.5%
Year Plans Participants Total Assets
2022 1 96 $8M
2023 1 95 $11M
2024 1 92 $12M

Notch Welding & Mechanical Contractors, Inc. filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income$589K
Employer EIN042587894
Plan Effective Date2020-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Massachusetts

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

Notch Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants Notch Employee Stock Ownership Plan, Total assets ($M): 11.68 · Participants: 92Notch Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 729.34706 · Participants: 1684Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 367.792322 · Participants: 139The Gillette Company Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 253.372727 · Participants: 445First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanDavid Clark Employee Stock Ownership Plan, Total assets ($M): 182.6375 · Participants: 236David Clark Employee Stock Ownership PlanNew England Biolabs, Inc. Non-Voting Stock Ownership Plan, Total assets ($M): 162.974294 · Participants: 424New England Biolabs, Inc. Non-Voting Stock Ownership Plan
Notch Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Notch Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest ESOP by assets is Vance Metal Fabricators, Inc. Employee Stock Ownership Plan in NY ($12M); by covered participants it is Evergreen Trading Employee Stock Ownership Plan in NY (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 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 Notch Employee Stock Ownership Plan assets move in 2024? ▼
Notch Employee Stock Ownership Plan edged up modestly - up 4.2% during 2024, from $11M to $12M. Reported net income was $589K.
How have Notch Welding & Mechanical Contractors, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Notch Welding & Mechanical Contractors, Inc.'s sponsor-wide assets grew 55.5%, from $8M to $12M.
Which ESOP plans are similar in size to Notch Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Vance Metal Fabricators, Inc. Employee Stock Ownership Plan in NY ($12M, 26 participants).
Which ESOP plans cover a similar participant headcount to Notch Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Evergreen Trading Employee Stock Ownership Plan in NY (92 participants, $50M 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 042587894.

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.