ESOP · DOL Form 5500 · 2024

Midvale Telephone Exchange, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
46
Participants Small participant base
49th
Percentile by assets National rank
$160,924
Avg per participant Above avg balance/head
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Official DOL plan name: Midvale Telephone Exchange Employee Stock Ownership Plan · Sponsored by Midvale Telephone Exchange, Inc. · Idaho · Utilities

$7M in assets, 46 participants

Midvale Telephone Exchange, Inc.'s Midvale Telephone Exchange Employee Stock Ownership Plan reported $7M in total assets and 46 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #150 in Utilities (732 peers)

Utilities sector rank

Within Utilities, Midvale Telephone Exchange Employee Stock Ownership Plan ranks #150 of 732 2024 filers by assets (7253% of the sector average)-$7M for 46 participants.

#150
in Utilities (732 peers)
-18.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midvale Telephone Exchange Employee Stock Ownership Plan's mid-pack asset rank among Utilities and all filers

Midvale Telephone Exchange Employee Stock Ownership Plan vs every filed plan by assets

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

$7,402,494 49th percentile higher than 49% 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

Midvale Telephone Exchange 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. Midvale Telephone Exchange Employee Stock Ownership Plan is a small filing (46 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Midvale Telephone Exchange Employee Stock Ownership Plan end-of-year assets fell from $9M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Midvale Telephone Exchange Employee Stock Ownership Plan reported participants rose from 39 in the plan year 2023 filing to 46 in the plan year 2024 filing.
  • Midvale Telephone Exchange Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2023 filing to -$2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 820238162 · Midvale Telephone Exchange, Inc. PY 2024 · ESOP

Midvale Telephone Exchange Employee Stock Ownership Plan · $7M · 46 · 49th

  • RANK $7M
  • PHOTO 46
  • IND 49th
  • EOY ESOP
  • 5500 near Paramount Coffee Employee Stock Ownership Plan
  • ASSETS ind #150

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 Idaho →

Midvale Telephone Exchange Employee Stock Ownership Plan in the asset neighbourhood

Midvale Telephone Exchange Employee Stock Ownership PlanMidvale Telephone Exchange E…$7MParamount Coffee Employee Stock Ownership PlanParamount Coffee Employee St…$7MJones Edmunds & Associates, Inc. Employee Stock Ownership PlanJones Edmunds & Associates, …$7MProtingent, Inc. Employee Stock Ownership PlanProtingent, Inc. Employee St…$7MLinkan Engineering Employee Stock Ownership Plan and TrustLinkan Engineering Employee …$7M
End-of-year total assets ($M) among Midvale Telephone Exchange Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Utilities filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$2M
Employer EIN820238162
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midvale Telephone Exchange, Inc.)

Sponsor-wide plan assets over time

All Midvale Telephone Exchange, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 36.949992040489% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $11.7M $7.4M ▼ -37.0%
Year Plans Participants Total Assets
2022 1 44 $12M
2023 1 39 $9M
2024 1 46 $7M

Nearby ESOP Plans in Idaho

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

Midvale Telephone Exchange Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -20246 Total assets ($B) Participants Midvale Telephone Exchange Employee Stock Ownership Plan, Total assets ($B): 0.007402494 · Participants: 46Midvale Telephone Exchange Employee Stock Ownership PlanWinco Employee Stock Ownership Plan, Total assets ($B): 5.045286033 · Participants: 17054Winco Employee Stock Ownership PlanStellar Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.331410874 · Participants: 774Stellar Industries, Inc. Employee Stock Ownership PlanNorco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.269499287 · Participants: 1381Norco, Inc. Employee Stock Ownership PlanMagic Valley Growers, Ltd. Employee Stock Ownership Plan, Total assets ($B): 0.095197829 · Participants: 241Magic Valley Growers, Ltd. Employee Stock Ownership PlanThe Franklin Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.090181679 · Participants: 561The Franklin Group, Inc. Employee Stock Ownership Plan and Trust
Midvale Telephone Exchange Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants
Compare Midvale Telephone Exchange Employee Stock Ownership Plan side-by-side with 3 peers →

Midvale Telephone Exchange Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Idaho, the nearest ESOP by assets is Paramount Coffee Employee Stock Ownership Plan in MI ($7M); by covered participants it is Admix, Inc. Employee Stock Ownership Plan in NH (46 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (46 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 Midvale Telephone Exchange Employee Stock Ownership Plan assets move in 2024? ▼
Midvale Telephone Exchange Employee Stock Ownership Plan declined sharply - down 18.5% during 2024, from $9M to $7M. Reported net income was -$2M.
How have Midvale Telephone Exchange, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midvale Telephone Exchange, Inc.'s sponsor-wide assets declined 36.9%, from $12M to $7M.
Which ESOP plans are similar in size to Midvale Telephone Exchange Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Paramount Coffee Employee Stock Ownership Plan in MI ($7M, 57 participants).
Which ESOP plans cover a similar participant headcount to Midvale Telephone Exchange Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Admix, Inc. Employee Stock Ownership Plan in NH (46 participants, $6M in assets).

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 820238162.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.