ESOP · DOL Form 5500 · 2024
Mid America Steel, Inc. ESOP
Data updated 2026-08-25
- $57M
- Total assets Below avg plan size
- 31
- Participants Small participant base
- 86th
- Percentile by assets National rank
- $1.8M
- Avg per participant High balance/head
Official DOL plan name: Mid America Steel, Inc. Employee Stock Ownership Plan · Sponsored by Mid America Steel, Inc. · North Dakota · Manufacturing
$57M in assets, 31 participants
Mid America Steel, Inc.'s Mid America Steel, Inc. Employee Stock Ownership Plan reported $57M in total assets and 31 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.
- #14,099 in Manufacturing (17,777 peers)
Where Mid America Steel, Inc. Employee Stock Ownership Plan sits by assets
Mid America Steel, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $57M for 31 participants (~$1.8M/participant), up 13.5% in 2024.
- #14,099
- in Manufacturing (17,777 peers)
- +13.5%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Mid America Steel, Inc. Employee Stock Ownership Plan's outsized position by total assets
Mid America Steel, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$56,576,881 Top 14% higher than 86% 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
Mid America Steel, Inc. 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. Mid America Steel, Inc. Employee Stock Ownership Plan is a small filing (31 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Mid America Steel, Inc. Employee Stock Ownership Plan reported net income fell from $8M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Mid America Steel, Inc. Employee Stock Ownership Plan end-of-year assets rose from $50M in the plan year 2023 filing to $57M in the plan year 2024 filing.
- Mid America Steel, Inc. Employee Stock Ownership Plan reported participants fell from 32 in the plan year 2023 filing to 31 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 450129570 · Mid America Steel, Inc. PY 2024 · ESOP
Mid America Steel, Inc. Employee Stock Ownership Plan · $57M · 31 · 86th
- EOY $57M
- 5500 31
- ASSETS 86th
- PCT ESOP
- EIN near The Original Mattress Factory Employee Stock Ownership Plan
- RANK ind #14099
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 →
Mid America Steel, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $50M |
|---|---|
| Net Assets (End of Year) | $34M |
| Net Income | $5M |
| Employer EIN | 450129570 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Mid America Steel, Inc.)
Sponsor-wide plan assets over time
All Mid America Steel, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $57M 40.56772366270811% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 32 | $40M |
| 2023 | 1 | 32 | $50M |
| 2024 | 1 | 31 | $57M |
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
Mid America Steel, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside North Dakota, the nearest ESOP by assets is The Original Mattress Factory Employee Stock Ownership Plan in OH ($57M); by covered participants it is The American National Bank of Beaver Dam Employee Stock Ownership Plan in WI (31 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($57M here).
- The Original Mattress Factory Employee Stock Ownership Plan (OH) $57M · 328
- The Lewis Chemical Company Employee Stock Ownership Plan (GA) $57M · 58
- The Cornwell Quality Tools Company Employee Stock Ownership Plan (OH) $57M · 352
- Ksa Lighting & Controls, Inc. Employee Stock Ownership Plan and Trust (IL) $56M · 94
Similar participant headcount
Nearest other-state filings by covered participants (31 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.