ESOP · DOL Form 5500 · 2023

Advance Capital Group, Inc. ESOP

Data updated 2026-08-11

$45M
Total assets: 61
Participants: 84th
Percentile by assets: $738,374
Avg per participant

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.

84th percentile by assets (of 127,072 plans)
#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.

$45M
total plan assets (2023 EOY): 61
covered participants: 84th
percentile by assets (of 127,072 plans): $738,374
avg assets per participant

Where Advance Capital Group, Inc. Employee Stock Ownership Plan sits 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 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.

See the national 2022→2023 release diff →

State

Michigan

Industry

Finance & Insurance

Advance Capital Group, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Advance Capital Group, Inc. Employee Stock Ownership Plan outranks 84% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

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.)

Total plan assets by year, all Advance Capital Group, Inc. plans on file

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.

Advance Capital Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

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

Compare Advance Capital Group, Inc. Employee Sto… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Advance Capital Group, Inc. Employee Stock Ownership Plan by total assets, not by location.

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

Frequently Asked Questions

How did Advance Capital Group, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Advance Capital Group, Inc. Employee Stock Ownership Plan grew at a solid clip - up 14.8% during 2023, from $39M to $45M. Reported net income was $6M.

How have Advance Capital Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Advance Capital Group, Inc.'s sponsor-wide assets grew 35.8%, from $39M to $53M.

Where does Advance Capital Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Advance Capital Group, Inc. Employee Stock Ownership Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Advance Capital Group, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Superior Consolidated Industries, Inc. Employee Stock Ownership Plan and Trust in IL ($45M, 2,018 participants).

Next read for Advance Capital Group, Inc. Employee Sto…

Scale reading

Ways to act on Advance Capital Group, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Advance Capital Group, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
Advance Capital Group, Inc.'s sponsor-wide assets have grown 35.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382685009.