ESOP · DOL Form 5500 · 2023
Advance Capital Group, Inc. ESOP
Data updated 2026-08-25
- $45M
- Total assets Below avg plan size
- 61
- Participants Small participant base
- 84th
- Percentile by assets National rank
- $738,374
- Avg per participant High balance/head
Official DOL plan name: Advance Capital Group, Inc. Employee Stock Ownership Plan · Sponsored by Advance Capital Group, Inc. · Michigan · Finance & Insurance
$45M in assets, 61 participants
Advance Capital Group, Inc.'s Advance Capital Group, Inc. Employee Stock Ownership Plan reported $45M in total assets and 61 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.
- #6,753 in Finance & Insurance (8,869 peers)
Where Advance Capital Group, Inc. Employee Stock Ownership Plan sits by assets
Advance Capital Group, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $45M for 61 participants (~$738,374/participant), up 14.8% in 2023.
- #6,753
- in Finance & Insurance (8,869 peers)
- +14.8%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Advance Capital Group, Inc. Employee Stock Ownership Plan's outsized position by total assets
Advance Capital Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$45,040,804 Top 16% higher than 84% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Advance Capital Group, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Advance Capital Group, Inc. Employee Stock Ownership Plan is a small filing (61 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Advance Capital Group, Inc. Employee Stock Ownership Plan reported net income rose from $338K in the plan year 2022 filing to $6M in the plan year 2023 filing.
- Advance Capital Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $39M in the plan year 2022 filing to $45M in the plan year 2023 filing.
- Advance Capital Group, Inc. Employee Stock Ownership Plan reported participants fell from 67 in the plan year 2022 filing to 61 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 382685009 · Advance Capital Group, Inc. PY 2023 · ESOP
Advance Capital Group, Inc. Employee Stock Ownership Plan · $45M · 61 · 84th
- EOY $45M
- 5500 61
- ASSETS 84th
- PCT ESOP
- EIN near Superior Consolidated Industries, Inc. Employee Stock Ownership Plan and Trust
- RANK ind #6753
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 →
Advance Capital Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $39M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | $6M |
| Employer EIN | 382685009 |
| Plan Effective Date | 2005-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Advance Capital Group, Inc.)
Sponsor-wide plan assets over time
All Advance Capital Group, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $53M 35.79303257522326% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 67 | $39M |
| 2023 | 1 | 61 | $45M |
| 2024 | 1 | 59 | $53M |
Nearby ESOP Plans in Michigan
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- Lee Contracting, Inc. Employee Stock Ownership Plan $238M · 500
Advance Capital Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Michigan, the nearest ESOP by assets is Superior Consolidated Industries, Inc. Employee Stock Ownership Plan and Trust in IL ($45M); by covered participants it is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($45M here).
- Superior Consolidated Industries, Inc. Employee Stock Ownership Plan and Trust (IL) $45M · 2,018
- J.F.N. Mechanical Contracting, Inc. Employee Stock Ownership Plan (AZ) $45M · 218
- Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust (ND) $45M · 155
- Mindworks Innovations, Inc. Employee Stock Ownership Plan (CA) $45M · 200
Similar participant headcount
Nearest other-state filings by covered participants (61 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.