ESOP · DOL Form 5500 · 2022

Abco Automation, Inc. ESOP

Data updated 2026-08-25

$8M
Total assets Small plan by assets
116
Participants Small participant base
61st
Percentile by assets National rank
$69,688
Avg per participant Below avg balance/head
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Official DOL plan name: Abco Automation, Inc. Employee Stock Ownership Plan · Sponsored by Abco Automation, Inc. · North Carolina · Manufacturing

$8M in assets, 116 participants

Abco Automation, Inc.'s Abco Automation, Inc. Employee Stock Ownership Plan reported $8M in total assets and 116 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #9,624 in Manufacturing (20,602 peers)

Coverage in North Carolina

Abco Automation, Inc. Employee Stock Ownership Plan covers 116 participants in North Carolina, about 14% of the average North Carolina filer (state average ~819 per filing). Assets: $8M.

#9,624
in Manufacturing (20,602 peers)
+19.8%
assets growth YoY

Abco Automation, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Abco Automation, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$8,083,812 Top 39% higher than 61% 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

Abco Automation, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Abco Automation, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (116 participants).

DOL schedule card

Filing strip 561529470 · Abco Automation, Inc. PY 2022 · ESOP

Abco Automation, Inc. Employee Stock Ownership Plan · $8M · 116 · 61st

  • RANK $8M
  • PHOTO 116
  • IND 61st
  • EOY ESOP
  • 5500 near Western Potatoes, Inc. Employee Stock Ownership Plan
  • ASSETS ind #9624

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 North Carolina →

Abco Automation, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Fmh Holdings, Inc. Employee Stock Ownership PlanFmh Holdings, Inc. Employee …$8MWestern Potatoes, Inc. Employee Stock Ownership PlanWestern Potatoes, Inc. Emplo…$8MAbco Automation, Inc. Employee Stock Ownership PlanAbco Automation, Inc. Employ…$8MDahl's Equipment Rentals, Inc. Employee Stock Ownership PlanDahl's Equipment Rentals, In…$8MBarbizon Lighting Company, Inc. Employee Stock Ownership PlanBarbizon Lighting Company, I…$8M
End-of-year total assets ($M) among Abco Automation, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN561529470
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Abco Automation, Inc.)

Sponsor-wide plan assets over time

All Abco Automation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 8.87341088217832% vs 2022
2024 filing year
$18M$19M$20M$21M$22M 202220232024 $19.1M $20.8M ▲ +8.9%
Year Plans Participants Total Assets
2022 2 254 $19M
2023 2 282 $21M
2024 2 303 $21M

Nearby ESOP Plans in North Carolina

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

Abco Automation, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -0.500.511.52 Total assets ($B) Participants Abco Automation, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.008083812 · Participants: 116Abco Automation, Inc. Employee Stock Ownership PlanOld Dominion 401(k) Retirement Plan, Total assets ($B): 1.794370156 · Participants: 24080Old Dominion 401(k) Retirement PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.183667115 · Participants: 1322Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.082312735 · Participants: 147State Utility Contractors, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.077703602 · Participants: 250Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanMckim & Creed, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.071758417 · Participants: 790Mckim & Creed, Inc. Employee Stock Ownership Plan
Abco Automation, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Abco Automation, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest ESOP by assets is Western Potatoes, Inc. Employee Stock Ownership Plan in NE ($8M); by covered participants it is Materials Transportation Company Employee Stock Ownership Plan in TX (116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (116 participants); asset peers above are excluded.

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 Abco Automation, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Abco Automation, Inc. Employee Stock Ownership Plan grew sharply - up 19.8% during 2022, from $7M to $8M. Reported net income was $2M.
How have Abco Automation, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Abco Automation, Inc.'s sponsor-wide assets grew 8.9%, from $19M to $21M.
Which ESOP plans are similar in size to Abco Automation, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Western Potatoes, Inc. Employee Stock Ownership Plan in NE ($8M, 28 participants).
Which ESOP plans cover a similar participant headcount to Abco Automation, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Materials Transportation Company Employee Stock Ownership Plan in TX (116 participants, $19M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561529470.

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.