ESOP · DOL Form 5500 · 2024
Marine Gears, Inc. ESOP
Data updated 2026-08-25
- $174K
- Total assets Small plan by assets
- 16
- Participants Small participant base
- 9th
- Percentile by assets National rank
- $10,874
- Avg per participant Low balance/head
Official DOL plan name: Marine Gears Employee Stock Ownership Plan · Sponsored by Marine Gears, Inc. · Mississippi · Manufacturing
$174K in assets, 16 participants
Marine Gears, Inc.'s Marine Gears Employee Stock Ownership Plan reported $174K in total assets and 16 participants in its 2024 DOL Form 5500 filing, ranking in the 9th 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.
- #622 in Manufacturing (17,777 peers)
What the 2024 filing shows
Marine Gears Employee Stock Ownership Plan holds $174K for 16 participants - about $10,874 per participant, among the smaller plans by assets on file.
- #622
- in Manufacturing (17,777 peers)
- +0.0%
- assets growth YoY
Marine Gears Employee Stock Ownership Plan among the smaller filed plans by assets
Marine Gears Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$173,979 9th percentile higher than 9% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Marine Gears 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. Marine Gears Employee Stock Ownership Plan is a small filing (16 participants) on this national headcount ladder.
Plan-year Form 5500 strip
Filing strip 640524825 · Marine Gears, Inc. PY 2024 · ESOP
Marine Gears Employee Stock Ownership Plan · $174K · 16 · 9th
- PCT $174K
- PCT 16
- PCT 9th
- PCT ESOP
- PCT near Panhandle Implement Company, Inc. Employee Stock Ownership Plan
- PCT ind #622
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 Mississippi →
Marine Gears Employee Stock Ownership Plan in the asset neighbourhood
Filing particulars (2024)
| Total Assets (Beginning of Year) | $174K |
|---|---|
| Net Assets (End of Year) | $174K |
| Employer EIN | 640524825 |
| Plan Effective Date | 1990-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Marine Gears, Inc.)
Sponsor-wide plan assets over time
All Marine Gears, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $174K 2.1135357851365786% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 17 | $170K |
| 2023 | 1 | 16 | $174K |
| 2024 | 1 | 16 | $174K |
Nearby ESOP Plans in Mississippi
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mdr Construction, Inc. Employee Stock Ownership Plan $181M · 652
- Lt Corporation & Affiliates Employee Stock Ownership Plan $179M · 499
- Telapex, Inc. Employee Stock Ownership Plan $158M · 1,629
- F.L. Crane & Sons, Inc. Employee Stock Ownership Plan $110M · 339
- Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan $81M · 876
Marine Gears Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Mississippi, the nearest ESOP by assets is Panhandle Implement Company, Inc. Employee Stock Ownership Plan in TX ($175K); by covered participants it is Mediu, Inc. Employee Stock Ownership Plan in OH (16 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($174K here).
Similar participant headcount
Nearest other-state filings by covered participants (16 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.