ESOP · DOL Form 5500 · 2022

American Reading Company, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
259
Participants Below avg headcount
72nd
Percentile by assets National rank
$55,197
Avg per participant Low balance/head
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Official DOL plan name: American Reading Company, Inc. Employee Stock Ownership Plan · Sponsored by American Reading Company, Inc. · Pennsylvania · Other Services

$14M in assets, 259 participants

American Reading Company, Inc.'s American Reading Company, Inc. Employee Stock Ownership Plan reported $14M in total assets and 259 participants in its 2022 DOL Form 5500 filing, ranking in the 72nd 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.

  • #7,047 in Other Services (8,398 peers)

Coverage in Pennsylvania

American Reading Company, Inc. Employee Stock Ownership Plan covers 259 participants in Pennsylvania, about 32% of the average Pennsylvania filer (state average ~822 per filing). Assets: $14M.

#7,047
in Other Services (8,398 peers)
+376.5%
assets growth YoY

The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Reading Company, Inc. Employee Stock Ownership Plan's outsized position by total assets

American Reading Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$14,295,973 Top 28% higher than 72% 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

American Reading Company, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Reading Company, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (259 participants).

Plan-year Form 5500 strip

Filing strip 232965253 · American Reading Company, Inc. PY 2022 · ESOP

American Reading Company, Inc. Employee Stock Ownership Plan · $14M · 259 · 72nd

  • SCH $14M
  • SCH 259
  • SCH 72nd
  • SCH ESOP
  • SCH near Hpa, Inc. Employee Stock Ownership Plan
  • SCH ind #7047

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 Pennsylvania →

American Reading Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Vern Eide Motorcars Employee Stock Ownership PlanVern Eide Motorcars Employee…$14MAmerican Reading Company, Inc. Employee Stock Ownership PlanAmerican Reading Company, In…$14MHpa, Inc. Employee Stock Ownership PlanHpa, Inc. Employee Stock Own…$14MCasne Engineering, Inc. ESOP$14MCarpet and Wood Floor Liquidators Employee Stock Ownership PlanCarpet and Wood Floor Liquid…$14M
End-of-year total assets ($M) among American Reading Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$49M
Net Income-$52M
Employer EIN232965253
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Reading Company, Inc.)

Sponsor-wide plan assets over time

All American Reading Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 30.823570732853455% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $28.1M $19.5M ▼ -30.8%
Year Plans Participants Total Assets
2022 2 555 $28M
2023 2 626 $19M
2024 2 458 $19M

Nearby ESOP Plans in Pennsylvania

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

American Reading Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants American Reading Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.014295973 · Participants: 259American Reading Company, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.519811811 · Participants: 22323Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.154561341 · Participants: 337Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533697969 · Participants: 12847Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.48126732 · Participants: 2268Centimark Corporation Employee Stock Ownership Plan and TrustNewage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.310383492 · Participants: 304Newage Industries, Inc. Employee Stock Ownership Plan
American Reading Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare American Reading Company, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Hpa, Inc. Employee Stock Ownership Plan in CA ($14M); by covered participants it is Kelly Mitchell Employee Stock Ownership Plan in MO (259 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (259 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 American Reading Company, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
American Reading Company, Inc. Employee Stock Ownership Plan surged - up 376.5% during 2022, from $3M to $14M. Reported net income was -$52M.
How have American Reading Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Reading Company, Inc.'s sponsor-wide assets declined 30.8%, from $28M to $19M.
Which ESOP plans are similar in size to American Reading Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hpa, Inc. Employee Stock Ownership Plan in CA ($14M, 63 participants).
Which ESOP plans cover a similar participant headcount to American Reading Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Kelly Mitchell Employee Stock Ownership Plan in MO (259 participants, $24M 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 232965253.

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.