ESOP · DOL Form 5500 · 2024
Mayo Construction Company, Inc. ESOP
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 109
- Participants Small participant base
- 83rd
- Percentile by assets National rank
- $408,115
- Avg per participant High balance/head
Official DOL plan name: Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Mayo Construction Company, Inc. · North Dakota · Construction
$44M in assets, 109 participants
Mayo Construction Company, Inc.'s Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust reported $44M in total assets and 109 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- #7,329 in Construction (9,039 peers)
Coverage in North Dakota
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust covers 109 participants in North Dakota, about 22% of the average North Dakota filer (state average ~504 per filing). Assets: $44M.
- #7,329
- in Construction (9,039 peers)
- -1.2%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$44,484,555 Top 17% higher than 83% 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
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust 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. Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (109 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $6M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 155 in the plan year 2023 filing to 109 in the plan year 2024 filing.
- Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $45M in the plan year 2023 filing to $44M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 450351973 · Mayo Construction Company, Inc. PY 2024 · ESOP
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust · $44M · 109 · 83rd
- EBSA $44M
- PART 109
- TYPE 83rd
- NET ESOP
- BOOK near Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan
- VS-ST ind #7329
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 North Dakota →
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood
North Dakota filing particulars
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $37M |
| Net Income | -$4M |
| Employer EIN | 450351973 |
| Plan Effective Date | 2012-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mayo Construction Company, Inc.)
Sponsor-wide plan assets over time
All Mayo Construction Company, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $44M 13.275130104097027% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 113 | $39M |
| 2023 | 1 | 155 | $45M |
| 2024 | 1 | 109 | $44M |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Border States Industries, Inc. Employee Stock Ownership Plan $1.3B · 3,256
- Scheels Employee Stock Ownership Plan $963M · 5,157
- Ulteig, Inc. Employee Stock Ownership Plan $193M · 1,117
- Frontier Precision, Inc Employee Stock Ownership Plan $98M · 89
- Klj Solutions Co Employee Stock Ownership Plan $92M · 525
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside North Dakota, the nearest ESOP by assets is Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan in NY ($45M); by covered participants it is Galfab Holdings Inc. Employee Stock Ownership Plan in IL (109 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
- Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership Plan (NY) $45M · 41
- The Berlin Steel Construction Company Employee Stock Ownership Plan (CT) $45M · 135
- Basden Steel Corp Employee Stock Ownership Plan (TX) $44M · 527
- Brph Companies, Inc. Employee Stock Ownership Plan and Trust (FL) $44M · 288
Similar participant headcount
Nearest other-state filings by covered participants (109 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.