ESOP · DOL Form 5500 · 2023

Spurmaxim, Inc. ESOP

Data updated 2026-08-25

$13K
Total assets Small plan by assets
1
Participants Small participant base
2nd
Percentile by assets National rank
$12,549
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spurmaxim, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Spurmaxim, Inc. · Illinois · Finance & Insurance

$13K in assets, 1 participants

Spurmaxim, Inc.'s Spurmaxim, Inc. Employee Stock Ownership Plan and Trust reported $13K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

  • #111 in Finance & Insurance (8,869 peers)

Spurmaxim, Inc. multi-year trail

Spurmaxim, Inc.'s plans moved -80.9% in assets from 2022 to 2024; this filing shows Spurmaxim, Inc. Employee Stock Ownership Plan and Trust at $13K / 1 participant.

#111
in Finance & Insurance (8,869 peers)
-96.9%
assets change YoY

The plan reported a net loss of $394K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Spurmaxim, Inc. Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Spurmaxim, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$12,549 2nd percentile higher than 2% 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

Spurmaxim, Inc. Employee Stock Ownership Plan and Trust among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spurmaxim, Inc. Employee Stock Ownership Plan and Trust is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spurmaxim, Inc. Employee Stock Ownership Plan and Trust reported net income fell from -$170K in the plan year 2022 filing to -$394K in the plan year 2023 filing.
  • Spurmaxim, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $407K in the plan year 2022 filing to $13K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 363897797 · Spurmaxim, Inc. PY 2023 · ESOP

Spurmaxim, Inc. Employee Stock Ownership Plan and Trust · $13K · 1 · 2nd

  • TYPE $13K
  • TYPE 1
  • TYPE 2nd
  • TYPE ESOP
  • TYPE near West Coast Castings Emploee Stock Ownership Plan
  • TYPE ind #111

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 Illinois →

Spurmaxim, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Spurmaxim, Inc. Employee Stock Ownership Plan and TrustSpurmaxim, Inc. Employee Sto…$13KWest Coast Castings Emploee Stock Ownership PlanWest Coast Castings Emploee …$13KHarbinger Partners, Inc. Employee Stock Ownership PlanHarbinger Partners, Inc. Emp…$13KDienen, Inc. Employee Stock Ownership PlanDienen, Inc. Employee Stock …$12KAsset Research Services, Inc. Employee Stock Ownership Plan and TrustAsset Research Services, Inc…$12K
End-of-year total assets ($M) among Spurmaxim, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Spurmaxim, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Spurmaxim, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$78K 80.87486208955518% vs 2022
2024 filing year
$0M$0.2M$0.4M$0.6M 202220232024 $0.41M $0.08M ▼ -80.5%
Year Plans Participants Total Assets
2022 1 1 $407K
2023 1 1 $13K
2024 1 1 $78K

Spurmaxim, Inc. filing trail (2023)

Total Assets (Beginning of Year)$407K
Net Assets (End of Year)$13K
Net Income-$394K
Employer EIN363897797
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Spurmaxim, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Spurmaxim, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.000012549 · Participants: 1Spurmaxim, Inc. Employee Stock Ownership Plan and TrustAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Spurmaxim, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Spurmaxim, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is West Coast Castings Emploee Stock Ownership Plan in FL ($13K); by covered participants it is Residential Mortgage Funding, Inc. E.S.O.P. in CA (1 participant). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); 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 Spurmaxim, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Spurmaxim, Inc. Employee Stock Ownership Plan and Trust contracted severely - down 96.9% during 2023, from $407K to $13K. Reported net income was -$394K.
How have Spurmaxim, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spurmaxim, Inc.'s sponsor-wide assets declined 80.9%, from $407K to $78K.
Where does Spurmaxim, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Spurmaxim, Inc. Employee Stock Ownership Plan and Trust ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Spurmaxim, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is West Coast Castings Emploee Stock Ownership Plan in FL ($13K, 3 participants).
Which ESOP plans cover a similar participant headcount to Spurmaxim, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Residential Mortgage Funding, Inc. E.S.O.P. in CA (1 participant, N/A 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 363897797.

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.