ESOP · DOL Form 5500 · 2023

Allen Agency ESOP

Data updated 2026-08-11

$22M
Total assets
92
Participants
74th
Percentile by assets
$238,827
Avg per participant
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Official DOL plan name: Allen Agency Employee Stock Ownership Plan · Sponsored by Allen Agency · Maine · Finance & Insurance

$22M in assets, 92 participants

Allen Agency's Allen Agency Employee Stock Ownership Plan reported $22M in total assets and 92 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 127,072 plans)
  • #5,443 in Finance & Insurance (8,869 peers)

Allen Agency multi-year trail

Allen Agency's plans moved +110.0% in assets from 2022 to 2024; this filing shows Allen Agency Employee Stock Ownership Plan at $22M / 92 participants.

$22M
total plan assets (2023 EOY)
92
covered participants
74th
percentile by assets (of 127,072 plans)
$238,827
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Allen Agency Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Allen Agency Employee Stock Ownership Plan end-of-year assets rose from $14M in the plan year 2022 filing to $22M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Allen Agency across 3 plan years on file

Across the 3 plan years Allen Agency has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $30M, a gain of 110.0%, while reported participants moved from 92 to 101 (+9.8%). Peak year by sponsor assets: 2024 ($30M); trough: 2022 ($14M).

Allen Agency multi-year asset trail

$10M$15M$20M$25M$30M$35M 202220232024 $14.2M $29.7M ▲ +110.0%
Total plan assets by year, all Allen Agency plans on file
Year Plans Participants Total Assets
2022 1 92 $14M
2023 1 92 $22M
2024 1 101 $30M

Allen Agency filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$8M
Employer EIN010018250
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maine

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

Allen Agency Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants

Allen Agency Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400500 020406080100 Total assets ($M) Participants Allen Agency Employe…Sc Holdings, Inc. Em…Maine Drilling & Bla…Johnnys Selected See…Systems Engineering,…Portland Air Freight…
Allen Agency Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Allen Agency Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Allen Agency Employee Stock Ownership Plan assets move in 2023?
Allen Agency Employee Stock Ownership Plan surged - up 55.2% during 2023, from $14M to $22M. Reported net income was $8M.
How have Allen Agency plan assets changed over time?
Across 3 plan years on file (2022-2024), Allen Agency's sponsor-wide assets grew 110.0%, from $14M to $30M.
Which ESOP plans are similar in size to Allen Agency Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is First Neighborhood Bancshares, Inc. Employee Stock Ownership Plan in IL ($22M, 102 participants).

Next read for Allen Agency Employee Stock Ownership Pl…

Multi-year trail

Ways to act on Allen Agency Employee Stock Ownership Plan's numbers.