ESOP · DOL Form 5500 · 2023

Automated Conveyor Systems, Inc. ESOP

Data updated 2026-08-25

$21M
Total assets Small plan by assets
6
Participants Small participant base
74th
Percentile by assets National rank
$3.5M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Automated Conveyor Systems, Inc. Employee Stock Ownership Plan · Sponsored by Automated Conveyor Systems, Inc. · Virginia · Manufacturing

$21M in assets, 6 participants

Automated Conveyor Systems, Inc.'s Automated Conveyor Systems, Inc. Employee Stock Ownership Plan reported $21M in total assets and 6 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.

  • #11,922 in Manufacturing (18,722 peers)

Automated Conveyor Systems, Inc. multi-year trail

Automated Conveyor Systems, Inc.'s plans moved -36.8% in assets from 2022 to 2024; this filing shows Automated Conveyor Systems, Inc. Employee Stock Ownership Plan at $21M / 6 participants.

#11,922
in Manufacturing (18,722 peers)
-24.9%
assets change YoY

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan's outsized position by total assets

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$21,076,956 Top 26% higher than 74% 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

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Automated Conveyor Systems, Inc. Employee Stock Ownership Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Automated Conveyor Systems, Inc. Employee Stock Ownership Plan reported net income fell from -$2M in the plan year 2022 filing to -$7M in the plan year 2023 filing.
  • Automated Conveyor Systems, Inc. Employee Stock Ownership Plan reported participants fell from 12 in the plan year 2022 filing to 6 in the plan year 2023 filing.
  • Automated Conveyor Systems, Inc. Employee Stock Ownership Plan end-of-year assets fell from $28M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 540991574 · Automated Conveyor Systems, Inc. PY 2023 · ESOP

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan · $21M · 6 · 74th

  • EIN $21M
  • EIN 6
  • EIN 74th
  • EIN ESOP
  • EIN near Pace Properties Employee Stock Ownership Plan
  • EIN ind #11922

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 Virginia →

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Pace Properties Employee Stock Ownership PlanPace Properties Employee Sto…$21MSummit Body & Equipment, Inc. Employee Stock Ownership Plan and TrustSummit Body & Equipment, Inc…$21MAutomated Conveyor Systems, Inc. Employee Stock Ownership PlanAutomated Conveyor Systems, …$21MThe Severn Group Employee Stock Ownership PlanThe Severn Group Employee St…$21MSynergi Employee Stock Ownership PlanSynergi Employee Stock Owner…$21M
End-of-year total assets ($M) among Automated Conveyor Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Automated Conveyor Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Automated Conveyor Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 36.800348110932376% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $45.9M $29M ▼ -36.8%
Year Plans Participants Total Assets
2022 2 210 $46M
2023 2 227 $41M
2024 2 257 $29M

Automated Conveyor Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$21M
Net Income-$7M
Employer EIN540991574
Plan Effective Date1986-06-30
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Automated Conveyor Systems, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.021076956 · Participants: 6Automated Conveyor Systems, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Automated Conveyor Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Automated Conveyor Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Automated Conveyor Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Pace Properties Employee Stock Ownership Plan in MO ($21M); by covered participants it is First Guaranty Bank Employee Stock Ownership Plan in LA (6 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Automated Conveyor Systems, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Automated Conveyor Systems, Inc. Employee Stock Ownership Plan declined sharply - down 24.9% during 2023, from $28M to $21M. Reported net income was -$7M.
How have Automated Conveyor Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Automated Conveyor Systems, Inc.'s sponsor-wide assets declined 36.8%, from $46M to $29M.
Which ESOP plans are similar in size to Automated Conveyor Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Pace Properties Employee Stock Ownership Plan in MO ($21M, 63 participants).
Which ESOP plans cover a similar participant headcount to Automated Conveyor Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is First Guaranty Bank Employee Stock Ownership Plan in LA (6 participants, $17K 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 540991574.

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.