ESOP · DOL Form 5500 · 2022

Absolute Machine Tools, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
48
Participants Small participant base
53rd
Percentile by assets National rank
$116,880
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Absolute Machine Tools, Inc. · Ohio · Wholesale Trade

$6M in assets, 48 participants

Absolute Machine Tools, Inc.'s Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust reported $6M in total assets and 48 participants in its 2022 DOL Form 5500 filing, ranking in the 53rd 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.

  • #2,818 in Wholesale Trade (6,843 peers)

Absolute Machine Tools, Inc. multi-year trail

Absolute Machine Tools, Inc.'s plans moved -25.9% in assets from 2022 to 2024; this filing shows Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust at $6M / 48 participants.

#2,818
in Wholesale Trade (6,843 peers)
+10.2%
assets growth YoY

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust's mid-pack asset rank among Wholesale Trade and all filers

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$5,610,234 Top 47% higher than 53% 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

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust is a small filing (48 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 341602413 · Absolute Machine Tools, Inc. PY 2022 · ESOP

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust · $6M · 48 · 53rd

  • RANK $6M
  • RANK 48
  • RANK 53rd
  • RANK ESOP
  • RANK near Super Salvage, Inc. Employee Stock Ownership Plan
  • RANK ind #2818

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 Ohio →

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Super Salvage, Inc. Employee Stock Ownership PlanSuper Salvage, Inc. Employee…$6MDavies-Barry Insurance Employee Stock Ownership PlanDavies-Barry Insurance Emplo…$6MPpt Florida Employee Stock Ownership PlanPpt Florida Employee Stock O…$6MMallory Industries, Inc. Employee Stock Ownership PlanMallory Industries, Inc. Emp…$6MAbsolute Machine Tools, Inc. Employee Stock Ownership Plan and TrustAbsolute Machine Tools, Inc.…$6M
End-of-year total assets ($M) among Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Absolute Machine Tools, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Absolute Machine Tools, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 25.933962825793007% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $5.61M $4.16M ▼ -25.8%
Year Plans Participants Total Assets
2022 1 48 $6M
2023 1 53 $5M
2024 1 49 $4M

Absolute Machine Tools, Inc. filing trail (2022)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$2M
Net Income$701K
Employer EIN341602413
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.005610234 · Participants: 48Absolute Machine Tools, Inc. Employee Stock Ownership Plan and TrustProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.972067387 · Participants: 30782Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.386806135 · Participants: 1000The Garland Industries, Inc. Employee Stock Ownership Plan & TrustAdvanced Drainage Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.559381199 · Participants: 3337Advanced Drainage Systems, Inc. Employee Stock Ownership PlanMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.556639229 · Participants: 808Messer Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.444757925 · Participants: 407Cleveland Steel Container Corporation Employee Stock Ownership Plan
Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Super Salvage, Inc. Employee Stock Ownership Plan in MD ($6M); by covered participants it is X-Cel Tooling, Inc. Employee Stock Ownership Plan in WI (48 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (48 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 Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 10.2% during 2022, from $5M to $6M. Reported net income was $701K.
How have Absolute Machine Tools, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Absolute Machine Tools, Inc.'s sponsor-wide assets declined 25.9%, from $6M to $4M.
Which ESOP plans are similar in size to Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Super Salvage, Inc. Employee Stock Ownership Plan in MD ($6M, 45 participants).
Which ESOP plans cover a similar participant headcount to Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is X-Cel Tooling, Inc. Employee Stock Ownership Plan in WI (48 participants, $25M 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 341602413.

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.