ESOP · DOL Form 5500 · 2024
Morton Buildings, Inc. ESOP
Data updated 2026-08-25
- $270M
- Total assets Near avg plan size
- 1,960
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $137,962
- Avg per participant Near avg balance/head
Official DOL plan name: Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan · Sponsored by Morton Buildings, Inc. · Illinois · Construction
$270M in assets, 1,960 participants
Morton Buildings, Inc.'s Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan reported $270M in total assets and 1,960 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #8,563 in Construction (9,039 peers)
Coverage in Illinois
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan covers 1,960 participants in Illinois, 2.5x the typical Illinois plan (state average ~779 per filing). Assets: $270M.
- #8,563
- in Construction (9,039 peers)
- -12.1%
- assets change YoY
- 2.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $34M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan's outsized position by total assets
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$270,405,636 Top 5% higher than 95% 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
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan lands in the large band (1,960 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan reported net income fell from $125M in the plan year 2023 filing to -$34M in the plan year 2024 filing.
- Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan end-of-year assets fell from $308M in the plan year 2023 filing to $270M in the plan year 2024 filing.
- Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan reported participants rose from 1,774 in the plan year 2023 filing to 1,960 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 370347310 · Morton Buildings, Inc. PY 2024 · ESOP
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan · $270M · 1,960 · 95th
- EBSA $270M
- EBSA 1,960
- EBSA 95th
- EBSA ESOP
- EBSA near Norco, Inc. Employee Stock Ownership Plan
- EBSA ind #8563
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 Illinois →
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan in the asset neighbourhood
Illinois filing particulars
| Total Assets (Beginning of Year) | $308M |
|---|---|
| Net Assets (End of Year) | $157M |
| Net Income | -$34M |
| Employer EIN | 370347310 |
| Plan Effective Date | 2017-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Morton Buildings, Inc.)
Sponsor-wide plan assets over time
All Morton Buildings, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $482M 36.73823570220332% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,482 | $352M |
| 2023 | 2 | 3,332 | $511M |
| 2024 | 2 | 3,618 | $482M |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Amsted Industries Incorporated Employees' Stock Ownership Plan $3.7B · 4,909
- Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
- Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
- Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
- Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543
Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Illinois, the nearest ESOP by assets is Norco, Inc. Employee Stock Ownership Plan in ID ($269M); by covered participants it is Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust in VA (1,962 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($270M here).
- Norco, Inc. Employee Stock Ownership Plan (ID) $269M · 1,381
- Dwh Owners Plan (TX) $268M · 1,292
- Arco Holdings Employee Stock Ownership Plan (MO) $267M · 468
- Wright Service Corp. Employee Stock Ownership Plan (IA) $266M · 2,803
Similar participant headcount
Nearest other-state filings by covered participants (1,960 participants); asset peers above are excluded.
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust (VA) 1,962 · 2 off
- Mortenson Dental Partners Employee Stock Ownership Plan (KY) 1,948 · 12 off
- Miller's Health Systems, Inc. Employee Stock Ownership Plan (IN) 1,944 · 16 off
- The Kendall Group Employee Stock Ownership Plan (MI) 1,936 · 24 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.