ESOP · DOL Form 5500 · 2024

Mindworks Innovations, Inc. ESOP

Data updated 2026-08-11

$49M
Total assets
219
Participants
84th
Percentile by assets
$223,467
Avg per participant
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Official DOL plan name: Mindworks Innovations, Inc. Employee Stock Ownership Plan · Sponsored by Mindworks Innovations, Inc. · California · Retail Trade

$49M in assets, 219 participants

Mindworks Innovations, Inc.'s Mindworks Innovations, Inc. Employee Stock Ownership Plan reported $49M in total assets and 219 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 123,622 plans)
  • #7,317 in Retail Trade (8,048 peers)

Coverage in California

Mindworks Innovations, Inc. Employee Stock Ownership Plan covers 219 participants in California, about 35% of the average California filer (state average ~630 per filing). Assets: $49M.

$49M
total plan assets (2024 EOY)
219
covered participants
84th
percentile by assets (of 123,622 plans)
$223,467
avg assets per participant

Where Mindworks Innovations, Inc. Employee Stock Ownership Plan sits by total assets

Mindworks Innovations, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$48,939,206 Top 16% higher than 84% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Mindworks Innovations, Inc. Employee Stock Ownership Plan reported net income fell from $15M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Mindworks Innovations, Inc. Employee Stock Ownership Plan reported participants rose from 200 in the plan year 2023 filing to 219 in the plan year 2024 filing.
  • Mindworks Innovations, Inc. Employee Stock Ownership Plan end-of-year assets rose from $45M in the plan year 2023 filing to $49M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Mindworks Innovations, Inc. Employee Stock Ownership Plan reports 219 participants - about 35% of that state average ($49M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$37M
Net Income$8M
Employer EIN465067195
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mindworks Innovations, Inc.)

$30M$35M$40M$45M$50M$55M 202220232024 $34.9M $48.9M ▲ +40.4%
Total plan assets by year, all Mindworks Innovations, Inc. plans on file
Year Plans Participants Total Assets
2022 1 180 $35M
2023 1 200 $45M
2024 1 219 $49M

Nearby ESOP Plans in California

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

Mindworks Innovations, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Mindworks Innovations, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Mindworks Innovation…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Ecc Employee Stock O…Agron, Inc. Employee…
Mindworks Innovations, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Mindworks Innovations, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Mindworks Innovations, Inc. Employee Stock Ownership Plan assets move in 2024?
Mindworks Innovations, Inc. Employee Stock Ownership Plan grew at a solid clip - up 8.6% during 2024, from $45M to $49M. Reported net income was $8M.
How have Mindworks Innovations, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Mindworks Innovations, Inc.'s sponsor-wide assets grew 40.4%, from $35M to $49M.
Where does Mindworks Innovations, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Mindworks Innovations, Inc. Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Mindworks Innovations, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ferguson Electric Employee Stock Ownership Plan in NY ($49M, 72 participants).

Next read for Mindworks Innovations, Inc. Employee Sto…

Filing takeaways

Ways to act on Mindworks Innovations, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Mindworks Innovations, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
  • Mindworks Innovations, Inc.'s sponsor-wide assets have grown 40.4% since 2022 across 3 plan years on file. More Retail Trade plans