ESOP · DOL Form 5500 · 2024

Jones Machine & Welding Co., Inc ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
56
Participants Small participant base
26th
Percentile by assets National rank
$25,819
Avg per participant Low balance/head
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Official DOL plan name: Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan · Sponsored by Jones Machine & Welding Co., Inc · Alabama · Manufacturing

$1M in assets, 56 participants

Jones Machine & Welding Co., Inc's Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan reported $1M in total assets and 56 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #2,074 in Manufacturing (17,777 peers)

Jones Machine & Welding Co., Inc multi-year trail

Jones Machine & Welding Co., Inc's plans moved +46.4% in assets from 2023 to 2024; this filing shows Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan at $1M / 56 participants.

#2,074
in Manufacturing (17,777 peers)
+19.6%
assets growth YoY

Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,445,860 26th percentile higher than 26% 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

Jones Machine & Welding Co., 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. Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan is a small filing (56 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan reported participants rose from 5 in the plan year 2023 filing to 56 in the plan year 2024 filing.
  • Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan reported net income fell from $988K in the plan year 2023 filing to $237K in the plan year 2024 filing.
  • Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan end-of-year assets rose from $988K in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 630717822 · Jones Machine & Welding Co., Inc PY 2024 · ESOP

Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan · $1M · 56 · 26th

  • PART $1M
  • PART 56
  • PART 26th
  • PART ESOP
  • PART near J Davis Architects, PC Employee Stock Ownership Plan
  • PART ind #2074

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 Alabama →

Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan in the asset neighbourhood

Jones Machine & Welding Co., Inc. Employee Stock Ownership PlanJones Machine & Welding Co.,…$1MShop Architects, Inc. Employee Stock Ownership PlanShop Architects, Inc. Employ…$1MTabard Corporation Employee Stock Ownership PlanTabard Corporation Employee …$1MThe Seydel Companies Employee Stock Ownership PlanThe Seydel Companies Employe…$1MJ Davis Architects, PC Employee Stock Ownership PlanJ Davis Architects, PC Emplo…$1M
End-of-year total assets ($M) among Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Jones Machine & Welding Co., Inc multi-year asset trail

Sponsor-wide plan assets over time

All Jones Machine & Welding Co., Inc plans reported in each filing year

Latest sponsor-wide plan assets
$1M 46.365808228053126% vs 2023
2024 filing year
$0.8M$1M$1.2M$1.4M$1.6M 20232024 $0.99M $1.45M ▲ +46.5%
Year Plans Participants Total Assets
2023 1 5 $988K
2024 1 56 $1M

Jones Machine & Welding Co., Inc filing trail (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$237K
Employer EIN630717822
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Alabama

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

Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600 Total assets ($M) Participants Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan, Total assets ($M): 1.44586 · Participants: 56Jones Machine & Welding Co., Inc. Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 515.369863 · Participants: 1644Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 242.741411 · Participants: 298Inline Electric Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 224.790459 · Participants: 125Signature Homes Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 194.917315 · Participants: 1041Radiance Technologies, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries, Total assets ($M): 181.843353 · Participants: 958Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Subsidiaries
Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants

Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Alabama, the nearest ESOP by assets is J Davis Architects, PC Employee Stock Ownership Plan in NC ($1M); by covered participants it is Admix, Inc. Employee Stock Ownership Plan in NH (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan assets move in 2024?
Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan grew sharply - up 19.6% during 2024, from $1M to $1M. Reported net income was $237K.
How have Jones Machine & Welding Co., Inc plan assets changed over time?
Across 2 plan years on file (2023-2024), Jones Machine & Welding Co., Inc's sponsor-wide assets grew 46.4%, from $988K to $1M.
Which ESOP plans are similar in size to Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is J Davis Architects, PC Employee Stock Ownership Plan in NC ($1M, 81 participants).
Which ESOP plans cover a similar participant headcount to Jones Machine & Welding Co., Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Admix, Inc. Employee Stock Ownership Plan in NH (56 participants, $10M in assets).