ESOP · DOL Form 5500 · 2024

Mindworks Innovations, Inc. ESOP

Data updated 2026-08-25

$49M
Total assets Below avg plan size
219
Participants Below avg headcount
84th
Percentile by assets National rank
$223,467
Avg per participant Above avg balance/head
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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.

  • #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.

#7,317
in Retail Trade (8,048 peers)
+8.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mindworks Innovations, Inc. Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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

Mindworks Innovations, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mindworks Innovations, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (219 participants).

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 →

Published 5500 schedule card

Filing strip 465067195 · Mindworks Innovations, Inc. PY 2024 · ESOP

Mindworks Innovations, Inc. Employee Stock Ownership Plan · $49M · 219 · 84th

  • SCH $49M
  • SCH 219
  • SCH 84th
  • SCH ESOP
  • SCH near Ferguson Electric Employee Stock Ownership Plan
  • SCH ind #7317

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 California →

Mindworks Innovations, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ppic Employee Stock Ownership PlanPpic Employee Stock Ownershi…$49MFerguson Electric Employee Stock Ownership PlanFerguson Electric Employee S…$49MThe Ame Group Employee Stock Ownership PlanThe Ame Group Employee Stock…$49MVermeer Great Plains Employee Stock Ownership Plan and TrustVermeer Great Plains Employe…$49MMindworks Innovations, Inc. Employee Stock Ownership PlanMindworks Innovations, Inc. …$49M
End-of-year total assets ($M) among Mindworks Innovations, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Mindworks Innovations, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$49M 40.42813773314204% vs 2022
2024 filing year
$30M$35M$40M$45M$50M$55M 202220232024 $34.9M $48.9M ▲ +40.4%
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 Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Mindworks Innovations, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.048939206 · Participants: 219Mindworks Innovations, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Mindworks Innovations, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Mindworks Innovations, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Mindworks Innovations, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Ferguson Electric Employee Stock Ownership Plan in NY ($49M); by covered participants it is Matrix Design Group, Inc. Employee Stock Ownership Plan in CO (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 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 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).
Which ESOP plans cover a similar participant headcount to Mindworks Innovations, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Matrix Design Group, Inc. Employee Stock Ownership Plan in CO (219 participants, $22M 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 465067195.

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.