ESOP · DOL Form 5500 · 2024
Manganaro Employee Stock Ownership Plan
ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.
- $35M
- Total assets
- 135
- Participants
- 65th
- Percentile by assets
Sponsored by Manganaro North America, Inc. · Massachusetts · Construction
What the 2024 filing shows
Manganaro Employee Stock Ownership Plan holds $35M for 135 participants - about $257,186 per participant, above the median plan by assets.
- $35M
- total plan assets (2024 EOY)
- 135
- covered participants
- 65th
- percentile by assets (of 67,083 plans)
- $257,186
- avg assets per participant
What the Filing Says About Manganaro Employee Stock Ownership Plan
Manganaro Employee Stock Ownership Plan is a ESOP retirement plan sponsored by Manganaro North America, Inc., headquartered in Massachusetts. As of the 2024 Form 5500 filing, the plan reports $35M in total end-of-year assets and covers 135 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 842403043, and the plan has been effective since 2024-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from N/A at the beginning of 2024 to $35M at year-end. Net assets (after liabilities) closed the year at $28M, with reported net income of $28M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | N/A |
| Total Assets (End of Year) | $35M |
| Net Assets (End of Year) | $28M |
| Net Income | $28M |
| Plan Type | ESOP |
| Employer EIN | 842403043 |
| Plan Effective Date | 2024-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Manganaro North America, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 98 | $14M |
| 2023 | 1 | 112 | $15M |
| 2024 | 2 | 259 | $52M |
Nearby ESOP Plans in Massachusetts
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Harborone Bank Employee Stock Ownership Plan $54M · 341
- Action for Boston Community Development Tax-Sheltered Annuity Plan $46M · 761
- National Bureau of Economic Research, Inc. Tax-Deferred Annuity Plan $35M · 69
- Meadowbrook School DC Retirement Plan $23M · 89
- James C. Lisak, M.D. Money Purchase Keogh Plan N/A · 2
Related Data
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Frequently Asked Questions
How much money is in the Manganaro Employee Stock Ownership Plan? ▼
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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 842403043.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.