ESOP · DOL Form 5500 · 2024

Materials Processing, Inc. Employee Stock Ownership Plan ESOP

Data updated 2026-08-25

$21M
Total assets Small plan by assets
276
Participants Below avg headcount
71st
Percentile by assets National rank
$76,304
Avg per participant Below avg balance/head
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Official DOL plan name: Materials Processing, Inc. Employee Stock Ownership Plan · Sponsored by Materials Processing, Inc. Employee Stock Ownership Plan · Indiana · Manufacturing

$21M in assets, 276 participants

Materials Processing, Inc. Employee Stock Ownership Plan's Materials Processing, Inc. Employee Stock Ownership Plan reported $21M in total assets and 276 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #10,836 in Manufacturing (17,777 peers)

Materials Processing, Inc. Employee Stock Ownership Plan multi-year trail

Materials Processing, Inc. Employee Stock Ownership Plan's plans moved +50.1% in assets from 2022 to 2024; this filing shows Materials Processing, Inc. Employee Stock Ownership Plan at $21M / 276 participants.

#10,836
in Manufacturing (17,777 peers)
+49.4%
assets growth YoY

Materials Processing, Inc. Employee Stock Ownership Plan's outsized position by total assets

Materials Processing, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$21,060,000 Top 29% higher than 71% 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

Materials Processing, 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. Materials Processing, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (276 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Materials Processing, Inc. Employee Stock Ownership Plan end-of-year assets rose from $14M in the plan year 2023 filing to $21M in the plan year 2024 filing.
  • Materials Processing, Inc. Employee Stock Ownership Plan reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Materials Processing, Inc. Employee Stock Ownership Plan reported participants rose from 271 in the plan year 2023 filing to 276 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 351343660 · Materials Processing, Inc. Employee Stock Ownership Plan PY 2024 · ESOP

Materials Processing, Inc. Employee Stock Ownership Plan · $21M · 276 · 71st

  • ASSETS $21M
  • ASSETS 276
  • ASSETS 71st
  • ASSETS ESOP
  • ASSETS near The T. H. Rogers Lumber Company Employee Stock Ownership Plan
  • ASSETS ind #10836

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 Indiana →

Materials Processing, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Gateside, Inc. Employee Stock Ownership PlanGateside, Inc. Employee Stoc…$21MErw Employee Stock Ownership PlanErw Employee Stock Ownership…$21MThe T. H. Rogers Lumber Company Employee Stock Ownership PlanThe T. H. Rogers Lumber Comp…$21MMaterials Processing, Inc. Employee Stock Ownership PlanMaterials Processing, Inc. E…$21MRonald N.S. Ho & Associates, Inc. Employee Stock Ownership PlanRonald N.S. Ho & Associates,…$21M
End-of-year total assets ($M) among Materials Processing, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Materials Processing, Inc. Employee Stock Ownership Plan multi-year asset trail

Sponsor-wide plan assets over time

All Materials Processing, Inc. Employee Stock Ownership Plan plans reported in each filing year

Latest sponsor-wide plan assets
$56M 50.09570213622735% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $37.3M $56M ▲ +50.1%
Year Plans Participants Total Assets
2022 2 652 $37M
2023 2 570 $47M
2024 2 581 $56M

Materials Processing, Inc. Employee Stock Ownership Plan filing trail (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)-$4M
Net Income$8M
Employer EIN351343660
Plan Effective Date2021-10-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

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

Materials Processing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Materials Processing, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.02106 · Participants: 276Materials Processing, Inc. Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
Materials Processing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Materials Processing, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest ESOP by assets is The T. H. Rogers Lumber Company Employee Stock Ownership Plan in OK ($21M); by covered participants it is Red Dot Corporation Employee Stock Ownership Plan and Trust in WA (277 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (276 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 Materials Processing, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Materials Processing, Inc. Employee Stock Ownership Plan surged - up 49.4% during 2024, from $14M to $21M. Reported net income was $8M.
How have Materials Processing, Inc. Employee Stock Ownership Plan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Materials Processing, Inc. Employee Stock Ownership Plan's sponsor-wide assets grew 50.1%, from $37M to $56M.
Which ESOP plans are similar in size to Materials Processing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The T. H. Rogers Lumber Company Employee Stock Ownership Plan in OK ($21M, 163 participants).
Which ESOP plans cover a similar participant headcount to Materials Processing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Red Dot Corporation Employee Stock Ownership Plan and Trust in WA (277 participants, $39M 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 351343660.

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.