ESOP · DOL Form 5500 · 2022

Angelo Iafrate Inc. ESOP

Data updated 2026-08-25

$130M
Total assets Near avg plan size
66
Participants Small participant base
94th
Percentile by assets National rank
$2.0M
Avg per participant High balance/head
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Official DOL plan name: Angelo Iafrate Inc. Employee Stock Ownership Plan · Sponsored by Angelo Iafrate Inc. · Michigan · Construction

$130M in assets, 66 participants

Angelo Iafrate Inc.'s Angelo Iafrate Inc. Employee Stock Ownership Plan reported $130M in total assets and 66 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • #9,224 in Construction (9,927 peers)

Where Angelo Iafrate Inc. Employee Stock Ownership Plan sits by assets

Angelo Iafrate Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $130M for 66 participants (~$2.0M/participant), up 13.6% in 2022.

#9,224
in Construction (9,927 peers)
+13.6%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Angelo Iafrate Inc. Employee Stock Ownership Plan's outsized position by total assets

Angelo Iafrate Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$129,848,117 Top 6% higher than 94% 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

Angelo Iafrate 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. Angelo Iafrate Inc. Employee Stock Ownership Plan is a small filing (66 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 463961478 · Angelo Iafrate Inc. PY 2022 · ESOP

Angelo Iafrate Inc. Employee Stock Ownership Plan · $130M · 66 · 94th

  • 5500 $130M
  • ASSETS 66
  • PCT 94th
  • EIN ESOP
  • RANK near Pavement Recycling Systems, Inc. Employee Stock Ownership Plan
  • PHOTO ind #9224

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 →

Angelo Iafrate Inc. Employee Stock Ownership Plan in the asset neighbourhood

Lt Corporation & Affiliates Employee Stock Ownership PlanLt Corporation & Affiliates …$131MRteam Management, Inc. Employee Stock Ownership PlanRteam Management, Inc. Emplo…$131MCalibre Systems, Inc. Employee Stock Ownership PlanCalibre Systems, Inc. Employ…$130MPavement Recycling Systems, Inc. Employee Stock Ownership PlanPavement Recycling Systems, …$130MAngelo Iafrate Inc. Employee Stock Ownership PlanAngelo Iafrate Inc. Employee…$130M
End-of-year total assets ($M) among Angelo Iafrate 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)$114M
Net Assets (End of Year)$104M
Net Income$17M
Employer EIN463961478
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Angelo Iafrate Inc.)

Sponsor-wide plan assets over time

All Angelo Iafrate Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$239M 84.31386109357288% vs 2022
2024 filing year
$100M$150M$200M$250M$300M 202220232024 $130M $239M ▲ +84.3%
Year Plans Participants Total Assets
2022 1 66 $130M
2023 1 52 $171M
2024 1 46 $239M

Nearby ESOP Plans in Michigan

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

Angelo Iafrate Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 00.511.5 Total assets ($B) Participants Angelo Iafrate Inc. Employee Stock Ownership Plan, Total assets ($B): 0.129848117 · Participants: 66Angelo Iafrate Inc. 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
Angelo Iafrate Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Angelo Iafrate Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Pavement Recycling Systems, Inc. Employee Stock Ownership Plan in CA ($130M); by covered participants it is Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan in NC (66 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 Angelo Iafrate Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Angelo Iafrate Inc. Employee Stock Ownership Plan grew at a solid clip - up 13.6% during 2022, from $114M to $130M. Reported net income was $17M.
How have Angelo Iafrate Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Angelo Iafrate Inc.'s sponsor-wide assets grew 84.3%, from $130M to $239M.
Where does Angelo Iafrate Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Angelo Iafrate Inc. Employee Stock Ownership Plan ranks in the 94th 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 Angelo Iafrate Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Pavement Recycling Systems, Inc. Employee Stock Ownership Plan in CA ($130M, 473 participants).
Which ESOP plans cover a similar participant headcount to Angelo Iafrate Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Salem Fabrication Technologies Group, Inc. Employee Stock Ownership Plan in NC (66 participants, $20M 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 463961478.

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.