ESOP · DOL Form 5500 · 2022

Angelo Iafrate Inc. ESOP

Data updated 2026-08-11

$130M
Total assets
66
Participants
94th
Percentile by assets
$2.0M
Avg per participant
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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.

  • 94th percentile by assets (of 139,126 plans)
  • #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.

$130M
total plan assets (2022 EOY)
66
covered participants
94th
percentile by assets (of 139,126 plans)
$2.0M
avg assets per participant
State
Industry

Angelo Iafrate Inc. Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Angelo Iafrate Inc. Employee Stock Ownership Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

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.)

$100M$150M$200M$250M$300M 202220232024 $130M $239M ▲ +84.3%
Total plan assets by year, all Angelo Iafrate Inc. plans on file
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

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. …Mcnaughton-Mckay Ele…The Kendall Group Em…Project Worldwide, I…Motor City Electric …Bandit Holding Compa…
Angelo Iafrate Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Angelo Iafrate Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Angelo Iafrate Inc. Employee Stock Owner…

Scale reading

Ways to act on Angelo Iafrate Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Angelo Iafrate Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
  • Angelo Iafrate Inc.'s sponsor-wide assets have grown 84.3% since 2022 across 3 plan years on file. More Construction plans