ESOP · DOL Form 5500 · 2024

Martineau Electric, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
14
Participants Small participant base
26th
Percentile by assets National rank
$100,000
Avg per participant Below avg balance/head
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Official DOL plan name: Martineau Electric, Inc. Employee Stock Ownership Plan · Sponsored by Martineau Electric, Inc. · New Hampshire · Construction

$1M in assets, 14 participants

Martineau Electric, Inc.'s Martineau Electric, Inc. Employee Stock Ownership Plan reported $1M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #2,202 in Construction (9,039 peers)

Martineau Electric, Inc. multi-year trail

Martineau Electric, Inc.'s plans moved -64.7% in assets from 2022 to 2024; this filing shows Martineau Electric, Inc. Employee Stock Ownership Plan at $1M / 14 participants.

#2,202
in Construction (9,039 peers)
-34.3%
assets change YoY

The plan reported a net loss of $562K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Martineau Electric, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Martineau Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,400,000 26th percentile higher than 26% 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

Martineau Electric, Inc. 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. Martineau Electric, Inc. Employee Stock Ownership Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Martineau Electric, Inc. Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2023 filing to -$562K in the plan year 2024 filing.
  • Martineau Electric, Inc. Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Martineau Electric, Inc. Employee Stock Ownership Plan reported participants fell from 16 in the plan year 2023 filing to 14 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 020412924 · Martineau Electric, Inc. PY 2024 · ESOP

Martineau Electric, Inc. Employee Stock Ownership Plan · $1M · 14 · 26th

  • ASSETS $1M
  • ASSETS 14
  • ASSETS 26th
  • ASSETS ESOP
  • ASSETS near Iti Manufacturing, Inc. Employee Stock Ownership Plan
  • ASSETS ind #2202

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 New Hampshire →

Martineau Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Martineau Electric, Inc. Employee Stock Ownership PlanMartineau Electric, Inc. Emp…$1MIti Manufacturing, Inc. Employee Stock Ownership PlanIti Manufacturing, Inc. Empl…$1MT&t Tinting Specialists, Inc. Employee Stock Ownership PlanT&t Tinting Specialists, Inc…$1MMeyer Design, Incorporated Employee Stock Ownership PlanMeyer Design, Incorporated E…$1MUnited Vending & Food Service Employee Stock Ownership PlanUnited Vending & Food Servic…$1M
End-of-year total assets ($M) among Martineau Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Martineau Electric, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Martineau Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 64.73551637279597% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $3.97M $1.4M ▼ -64.7%
Year Plans Participants Total Assets
2022 1 13 $4M
2023 1 16 $2M
2024 1 14 $1M

Martineau Electric, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$594K
Net Income-$562K
Employer EIN020412924
Plan Effective Date2016-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Hampshire

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

Martineau Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Martineau Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.0014 · Participants: 14Martineau Electric, Inc. Employee Stock Ownership PlanHypertherm Associate Stock Ownership Plan, Total assets ($B): 1.072122068 · Participants: 1481Hypertherm Associate Stock Ownership PlanNew England Wire Technologies Corp. Employee Stock Ownership Plan, Total assets ($B): 0.074470633 · Participants: 437New England Wire Technologies Corp. Employee Stock Ownership Plan1a Auto, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.035047112 · Participants: 2801a Auto, Inc. Employee Stock Ownership PlanGeokon Employee Stock Ownership Plan, Total assets ($B): 0.032015918 · Participants: 154Geokon Employee Stock Ownership PlanNew Hampshire Boring, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.028694098 · Participants: 58New Hampshire Boring, Inc. Employee Stock Ownership Plan
Martineau Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Hampshire, assets vs. participants
Compare Martineau Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New Hampshire, the nearest ESOP by assets is Iti Manufacturing, Inc. Employee Stock Ownership Plan in TX ($1M); by covered participants it is Foods for Living, Inc. Employee Stock Ownership Plan and Trust in MI (14 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Martineau Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Martineau Electric, Inc. Employee Stock Ownership Plan contracted severely - down 34.3% during 2024, from $2M to $1M. Reported net income was -$562K.
How have Martineau Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Martineau Electric, Inc.'s sponsor-wide assets declined 64.7%, from $4M to $1M.
Which ESOP plans are similar in size to Martineau Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Iti Manufacturing, Inc. Employee Stock Ownership Plan in TX ($1M, 15 participants).
Which ESOP plans cover a similar participant headcount to Martineau Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Foods for Living, Inc. Employee Stock Ownership Plan and Trust in MI (14 participants, N/A 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 020412924.

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.