ESOP · DOL Form 5500 · 2022

Ablenet, Inc. ESOP

Data updated 2026-08-25

$96M
Total assets Below avg plan size
54
Participants Small participant base
93rd
Percentile by assets National rank
$1.8M
Avg per participant High balance/head
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Official DOL plan name: Ablenet, Inc. Employee Stock Ownership Plan · Sponsored by Ablenet, Inc. · Minnesota · Retail Trade

$96M in assets, 54 participants

Ablenet, Inc.'s Ablenet, Inc. Employee Stock Ownership Plan reported $96M in total assets and 54 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #9,135 in Retail Trade (9,519 peers)

Where Ablenet, Inc. Employee Stock Ownership Plan sits by assets

Ablenet, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $96M for 54 participants (~$1.8M/participant), up 134.3% in 2022.

#9,135
in Retail Trade (9,519 peers)
+134.3%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Ablenet, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$95,906,947 Top 7% higher than 93% 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

Ablenet, Inc. 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. Ablenet, Inc. Employee Stock Ownership Plan is a small filing (54 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 411676309 · Ablenet, Inc. PY 2022 · ESOP

Ablenet, Inc. Employee Stock Ownership Plan · $96M · 54 · 93rd

  • PHOTO $96M
  • IND 54
  • EOY 93rd
  • 5500 ESOP
  • ASSETS near Majors Plastics, Inc. Employee Stock Ownership Plan
  • PCT ind #9135

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 Minnesota →

Ablenet, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Amboy Bancorporation Employee Stock Ownership PlanAmboy Bancorporation Employe…$97MColumbia Bank Employee Stock Ownership PlanColumbia Bank Employee Stock…$97MMario Sinacola and Sons Excavating, Inc. Employee Stock Ownership PlanMario Sinacola and Sons Exca…$96MMajors Plastics, Inc. Employee Stock Ownership PlanMajors Plastics, Inc. Employ…$96MAblenet, Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock…$96M
End-of-year total assets ($M) among Ablenet, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$90M
Net Income$51M
Employer EIN411676309
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ablenet, Inc.)

Sponsor-wide plan assets over time

All Ablenet, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$467M 386.6143513044994% vs 2022
2024 filing year
$0M$200M$400M$600M 202220232024 $95.9M $467M ▲ +386.6%
Year Plans Participants Total Assets
2022 1 54 $96M
2023 1 68 $237M
2024 2 267 $467M

Nearby ESOP Plans in Minnesota

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

Ablenet, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 0200400600800 Total assets ($M) Participants Ablenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 95.906947 · Participants: 54Ablenet, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Ablenet, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest ESOP by assets is Majors Plastics, Inc. Employee Stock Ownership Plan in NE ($96M); by covered participants it is Bachman, Inc. ESOP in ND (54 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (54 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 Ablenet, Inc. Employee Stock Ownership Plan assets move in 2022?
Ablenet, Inc. Employee Stock Ownership Plan surged - up 134.3% during 2022, from $41M to $96M. Reported net income was $51M.
How have Ablenet, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ablenet, Inc.'s sponsor-wide assets grew 386.6%, from $96M to $467M.
Where does Ablenet, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Ablenet, Inc. Employee Stock Ownership Plan ranks in the 93rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Ablenet, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Majors Plastics, Inc. Employee Stock Ownership Plan in NE ($96M, 394 participants).
Which ESOP plans cover a similar participant headcount to Ablenet, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Bachman, Inc. ESOP in ND (54 participants, $5M in assets).