401(k)
2022 plan-year 401(k) DOL Form 5500

American State Equipment Co., Inc. Employees' 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by American State Equipment Co., Inc. ยท Wisconsin ยท Wholesale Trade

What the 2023 filing shows

American State Equipment Co., Inc. Employees' 401(k) Plan holds $17M for 118 participants - about $147,381 per participant, down 12.1% over the 2022 plan year.

$17M
total plan assets (2022 EOY)
118
covered participants
$147,381
avg assets per participant
-12.1%
assets change YoY

The plan reported a net loss of $2M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$17M
Participants
118
State
Industry
Wholesale Trade

What the Filing Says About American State Equipment Co., Inc. Employees' 401(k) Plan

American State Equipment Co., Inc. Employees' 401(k) Plan is a 401(k) retirement plan sponsored by American State Equipment Co., Inc., headquartered in Wisconsin. As of the 2022 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 118 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 390965954, and the plan has been effective since 1987-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2022 to $17M at year-end โ€” a decline of 12.1%. Net assets (after liabilities) closed the year at $17M, with reported net income of $-2,383,306 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$20M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$-2,383,306
Plan Type401(k)
Employer EIN390965954
Plan Effective Date1987-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American State Equipment Co., Inc.)

Year Plans Participants Total Assets
2022 1 118 $17M
2023 1 106 $21M
2024 1 123 $22M

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Frequently Asked Questions

How much money is in the American State Equipment Co., Inc. Employees' 401(k) Plan?
As of the 2022 Form 5500 filing, American State Equipment Co., Inc. Employees' 401(k) Plan holds $17M in total assets with 118 participants. It is sponsored by American State Equipment Co., Inc..
What type of plan is American State Equipment Co., Inc. Employees' 401(k) Plan?
American State Equipment Co., Inc. Employees' 401(k) Plan is a 401(k) plan. It has been effective since 1987-12-01. The plan is filed with the U.S. Department of Labor under EIN 390965954.
Who sponsors the American State Equipment Co., Inc. Employees' 401(k) Plan?
American State Equipment Co., Inc. Employees' 401(k) Plan is sponsored by American State Equipment Co., Inc., located in Wisconsin. The sponsor's EIN is 390965954 and the plan operates in the Wholesale Trade industry.
How did American State Equipment Co., Inc. Employees' 401(k) Plan perform in 2022?
American State Equipment Co., Inc. Employees' 401(k) Plan declined by 12.1% during 2022, moving from $20M to $17M in total assets. Net income was $-2,383,306.
Where can I find official filings for American State Equipment Co., Inc. Employees' 401(k) Plan?
Official Form 5500 filings for American State Equipment Co., Inc. Employees' 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 390965954 or plan name at efast.dol.gov.
How does American State Equipment Co., Inc. Employees' 401(k) Plan compare to other plans?
You can compare American State Equipment Co., Inc. Employees' 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Wisconsin on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) โ€” original filing retrieval by EIN 390965954.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.