ESOP · DOL Form 5500 · 2023

Absolute Machine Tools, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
53
Participants Small participant base
46th
Percentile by assets National rank
$102,243
Avg per participant Below avg balance/head
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Official DOL plan name: Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Absolute Machine Tools, Inc. · Ohio · Wholesale Trade

$5M in assets, 53 participants

Absolute Machine Tools, Inc.'s Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust reported $5M in total assets and 53 participants in its 2023 DOL Form 5500 filing, ranking in the 46th 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.

  • #2,226 in Wholesale Trade (6,309 peers)

Absolute Machine Tools, Inc. multi-year trail

Absolute Machine Tools, Inc.'s plans moved -25.9% in assets from 2022 to 2024; this filing shows Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust at $5M / 53 participants.

#2,226
in Wholesale Trade (6,309 peers)
-3.4%
assets change YoY

The plan reported a net loss of $2K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust's mid-pack asset rank among Wholesale Trade and all filers

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$5,418,873 46th percentile higher than 46% of 127,068 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 2023

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust is a small filing (53 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $701K in the plan year 2022 filing to -$2K in the plan year 2023 filing.
  • Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 48 in the plan year 2022 filing to 53 in the plan year 2023 filing.
  • Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 341602413 · Absolute Machine Tools, Inc. PY 2023 · ESOP

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust · $5M · 53 · 46th

  • 5500 $5M
  • 5500 53
  • 5500 46th
  • 5500 ESOP
  • 5500 near Probity, Inc. Employee Stock Ownership Plan
  • 5500 ind #2226

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 Ohio →

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Lampin Corporation Employee Stock Ownership PlanLampin Corporation Employee …$5MAbsolute Machine Tools, Inc. Employee Stock Ownership Plan and TrustAbsolute Machine Tools, Inc.…$5MProbity, Inc. Employee Stock Ownership PlanProbity, Inc. Employee Stock…$5MBank of Cashton Money Purchase and Employee Stock Ownership PlanBank of Cashton Money Purcha…$5MTc Federal Bank Employee Stock Ownership PlanTc Federal Bank Employee Sto…$5M
End-of-year total assets ($M) among Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Absolute Machine Tools, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Absolute Machine Tools, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 25.933962825793007% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $5.61M $4.16M ▼ -25.8%
Year Plans Participants Total Assets
2022 1 48 $6M
2023 1 53 $5M
2024 1 49 $4M

Absolute Machine Tools, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)-$2M
Net Income-$2K
Employer EIN341602413
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.005418873 · Participants: 53Absolute Machine Tools, Inc. Employee Stock Ownership Plan and TrustProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 23.091305753 · Participants: 32152Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 1.692644904 · Participants: 1019The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.62249774 · Participants: 873Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.504257458 · Participants: 4110Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.451883636 · Participants: 434Cleveland Steel Container Corporation Employee Stock Ownership Plan
Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Probity, Inc. Employee Stock Ownership Plan in VA ($5M); by covered participants it is Brewer Direct, Inc. Employee Stock Ownership Plan in CA (53 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (53 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.

Frequently Asked Questions

How did Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust edged down modestly - down 3.4% during 2023, from $6M to $5M. Reported net income was -$2K.
How have Absolute Machine Tools, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Absolute Machine Tools, Inc.'s sponsor-wide assets declined 25.9%, from $6M to $4M.
Which ESOP plans are similar in size to Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Probity, Inc. Employee Stock Ownership Plan in VA ($5M, 121 participants).
Which ESOP plans cover a similar participant headcount to Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Brewer Direct, Inc. Employee Stock Ownership Plan in CA (53 participants, $12M in assets).

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 341602413.

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.