ESOP · DOL Form 5500 · 2022

Applied Research Associates, Inc. ESOP

Data updated 2026-08-25

$462M
Total assets Above avg plan size
1,640
Participants Near avg headcount
98th
Percentile by assets National rank
$281,771
Avg per participant High balance/head
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Official DOL plan name: Employee Stock Ownership Plan of Applied Research Associates, Inc. · Sponsored by Applied Research Associates, Inc. · New Mexico · Professional & Technical Services

$462M in assets, 1,640 participants

Applied Research Associates, Inc.'s Employee Stock Ownership Plan of Applied Research Associates, Inc. reported $462M in total assets and 1,640 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #21,235 in Professional & Technical Services (21,562 peers)

Coverage in New Mexico

Employee Stock Ownership Plan of Applied Research Associates, Inc. covers 1,640 participants in New Mexico, 4.5x the typical New Mexico plan (state average ~365 per filing). Assets: $462M.

#21,235
in Professional & Technical Services (21,562 peers)
+38.2%
assets growth YoY
4.6×
vs typical plan assets (national mean)

Employee Stock Ownership Plan of Applied Research Associates, Inc.'s outsized position by total assets

Employee Stock Ownership Plan of Applied Research Associates, Inc. vs every filed plan by assets

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

$462,103,687 Top 2% higher than 98% 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

Employee Stock Ownership Plan of Applied Research Associates, Inc.'s large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Employee Stock Ownership Plan of Applied Research Associates, Inc. lands in the large band (1,640 participants).

EBSA filing schedule strip

Filing strip 850276434 · Applied Research Associates, Inc. PY 2022 · ESOP

Employee Stock Ownership Plan of Applied Research Associates, Inc. · $462M · 1,640 · 98th

  • 5500 $462M
  • ASSETS 1,640
  • PCT 98th
  • EIN ESOP
  • RANK near Recology Employee Stock Ownership Plan
  • PHOTO ind #21235

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 New Mexico →

Employee Stock Ownership Plan of Applied Research Associates, Inc. in the asset neighbourhood

Employee Stock Ownership Plan of Applied Research Associates, Inc.Employee Stock Ownership Pla…$462MRecology Employee Stock Ownership PlanRecology Employee Stock Owne…$462MAgron, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock O…$456MBarr Brands International Amended and Restated Employee Stock Ownership PlanBarr Brands International Am…$449MCleveland Steel Container Corporation Employee Stock Ownership PlanCleveland Steel Container Co…$445M
End-of-year total assets ($M) among Employee Stock Ownership Plan of Applied Research Associates, Inc. and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

New Mexico filing particulars

Total Assets (Beginning of Year)$334M
Net Assets (End of Year)$462M
Net Income$137M
Employer EIN850276434
Plan Effective Date1993-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Applied Research Associates, Inc.)

Sponsor-wide plan assets over time

All Applied Research Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.3B 38.73269162039516% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B 202220232024 $0.91B $1.26B ▲ +38.5%
Year Plans Participants Total Assets
2022 2 3,193 $907M
2023 2 3,943 $1.2B
2024 2 4,416 $1.3B

Nearby ESOP Plans in New Mexico

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

Employee Stock Ownership Plan of Applied Research Associates, Inc. vs. nearby ESOP plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400500 Total assets ($M) Participants Employee Stock Ownership Plan of Applied Research Associates, Inc., Total assets ($M): 462.103687 · Participants: 1640Employee Stock Ownership Plan of Applied Research Associates, Inc.Ppic Employee Stock Ownership Plan, Total assets ($M): 43.6561 · Participants: 131Ppic Employee Stock Ownership PlanCitizens Bank Employee Stock Ownership and Retirement Savings Plan, Total assets ($M): 22.609578 · Participants: 96Citizens Bank Employee Stock Ownership and Retirement Savings PlanCommerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan, Total assets ($M): 15.165201 · Participants: 16Commerce Bancshares of Roswell, Inc. Employee Stock Ownership PlanMiller Engineers, Inc. Employee Stock Ownership Plan, Total assets ($M): 14.155084 · Participants: 241Miller Engineers, Inc. Employee Stock Ownership PlanJack B. Henderson Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 13.73941 · Participants: 98Jack B. Henderson Construction Company, Inc. Employee Stock Ownership Plan
Employee Stock Ownership Plan of Applied Research Associates, Inc. vs. nearby ESOP plans in New Mexico, assets vs. participants
Compare Employee Stock Ownership Plan of Applied Research Associates, Inc. side-by-side with 3 peers →

Employee Stock Ownership Plan of Applied Research Associates, Inc.'s out-of-state ESOP peers by assets and headcount

Outside New Mexico, the nearest ESOP by assets is Recology Employee Stock Ownership Plan in CA ($462M); by covered participants it is Crowley Holdings, Inc. Employee Stock Ownership Plan in FL (1,644 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,640 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 Employee Stock Ownership Plan of Applied Research Associates, Inc. assets move in 2022? ▼
Employee Stock Ownership Plan of Applied Research Associates, Inc. surged - up 38.2% during 2022, from $334M to $462M. Reported net income was $137M.
How have Applied Research Associates, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Applied Research Associates, Inc.'s sponsor-wide assets grew 38.7%, from $907M to $1.3B.
Where does Employee Stock Ownership Plan of Applied Research Associates, Inc. rank by assets among Form 5500 filers? ▼
Employee Stock Ownership Plan of Applied Research Associates, Inc. ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Employee Stock Ownership Plan of Applied Research Associates, Inc.? ▼
Among ESOP plans in other states, the closest by assets is Recology Employee Stock Ownership Plan in CA ($462M, 3,560 participants).
Which ESOP plans cover a similar participant headcount to Employee Stock Ownership Plan of Applied Research Associates, Inc.? ▼
Among ESOP plans in other states, the closest by covered participants is Crowley Holdings, Inc. Employee Stock Ownership Plan in FL (1,644 participants, $26M 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 850276434.

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.