ESOP · DOL Form 5500 · 2022

The Asu Group ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
31
Participants Small participant base
36th
Percentile by assets National rank
$73,057
Avg per participant Below avg balance/head
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Official DOL plan name: Asu Group Employee Stock Ownership Plan · Sponsored by The Asu Group · Michigan · Finance & Insurance

$2M in assets, 31 participants

The Asu Group's Asu Group Employee Stock Ownership Plan reported $2M in total assets and 31 participants in its 2022 DOL Form 5500 filing, ranking in the 36th 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.

  • #2,241 in Finance & Insurance (9,261 peers)

The Asu Group multi-year trail

The Asu Group's plans moved +39.9% in assets from 2022 to 2024; this filing shows Asu Group Employee Stock Ownership Plan at $2M / 31 participants.

#2,241
in Finance & Insurance (9,261 peers)
+5.0%
assets growth YoY

Asu Group Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Asu Group Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$2,264,766 36th percentile higher than 36% of 139,123 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 2022

Asu Group Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Asu Group Employee Stock Ownership Plan is a small filing (31 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 381400206 · The Asu Group PY 2022 · ESOP

Asu Group Employee Stock Ownership Plan · $2M · 31 · 36th

  • TYPE $2M
  • NET 31
  • BOOK 36th
  • VS-ST ESOP
  • BOY near Allcable Employee Stock Ownership Plan
  • SCH ind #2241

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 Michigan →

Asu Group Employee Stock Ownership Plan in the asset neighbourhood

Allcable Employee Stock Ownership PlanAllcable Employee Stock Owne…$2MPacific Jobbers Warehouse, Inc. Employee Stock Ownership PlanPacific Jobbers Warehouse, I…$2MAlpha Restoration and Waterproofing Employee Stock Ownership PlanAlpha Restoration and Waterp…$2MMr. C Refrigeration, Inc. Employee Stock Ownership Plan and TrustMr. C Refrigeration, Inc. Em…$2MAsu Group Employee Stock Ownership PlanAsu Group Employee Stock Own…$2M
End-of-year total assets ($M) among Asu Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

The Asu Group multi-year asset trail

Sponsor-wide plan assets over time

All The Asu Group plans reported in each filing year

Latest sponsor-wide plan assets
$12M 39.858630307102665% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.23M $11.5M ▲ +39.9%
Year Plans Participants Total Assets
2022 2 65 $8M
2023 2 60 $9M
2024 2 57 $12M

The Asu Group filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$107K
Employer EIN381400206
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Asu Group Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Asu Group Employee Stock Ownership Plan, Total assets ($B): 0.002264766 · Participants: 31Asu Group Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Asu Group Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Asu Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Allcable Employee Stock Ownership Plan in CO ($2M); by covered participants it is Econocorp, Inc. Employee Stock Ownership Plan in MA (31 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Asu Group Employee Stock Ownership Plan assets move in 2022?
Asu Group Employee Stock Ownership Plan edged up modestly - up 5.0% during 2022, from $2M to $2M. Reported net income was $107K.
How have The Asu Group plan assets changed over time?
Across 3 plan years on file (2022-2024), The Asu Group's sponsor-wide assets grew 39.9%, from $8M to $12M.
Which ESOP plans are similar in size to Asu Group Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Allcable Employee Stock Ownership Plan in CO ($2M, 37 participants).
Which ESOP plans cover a similar participant headcount to Asu Group Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Econocorp, Inc. Employee Stock Ownership Plan in MA (31 participants, $264K in assets).