ESOP · DOL Form 5500 · 2022

Applied Research Associates, Inc. ESOP

Data updated 2026-08-11

$462M
Total assets
1,640
Participants
98th
Percentile by assets
$281,771
Avg per participant
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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.

  • 98th percentile by assets (of 139,126 plans)
  • #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.

$462M
total plan assets (2022 EOY)
1,640
covered participants
98th
percentile by assets (of 139,126 plans)
$281,771
avg assets per participant

Participants vs New Mexico filers

In New Mexico, the average filing covers about 365 participants across 466 plans. Employee Stock Ownership Plan of Applied Research Associates, Inc. reports 1,640 participants - 4.5x that state average ($462M EOY assets).

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.)

$0.8B$1B$1.2B$1.4B 202220232024 $0.91B $1.26B ▲ +38.5%
Total plan assets by year, all Applied Research Associates, Inc. plans on file
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

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 Owner…Ppic Employee Stock …Citizens Bank Employ…Commerce Bancshares …Miller Engineers, In…Jack B. Henderson Co…
Employee Stock Ownership Plan of Applied Research Associates, Inc. vs. nearby ESOP plans in New Mexico, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Employee Stock Ownership Plan of Applied Research Associates, Inc. by total assets, not by location.

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).

Next read for Employee Stock Ownership Plan of Applied…

Filing takeaways

Ways to act on Employee Stock Ownership Plan of Applied Research Associates, Inc.'s numbers.