ESOP · DOL Form 5500 · 2023
Automated Conveyor Systems, Inc. ESOP
Data updated 2026-08-11
- $21M
- Total assets
- 6
- Participants
- 74th
- Percentile by assets
- $3.5M
- Avg per participant
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.
- 74th percentile by assets (of 127,072 plans)
- #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.
- $21M
- total plan assets (2023 EOY)
- 6
- covered participants
- 74th
- percentile by assets (of 127,072 plans)
- $3.5M
- avg assets per participant
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.
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.
Automated Conveyor Systems, Inc. across 3 plan years on file
Across the 3 plan years Automated Conveyor Systems, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $46M to $29M, a decline of 36.8%, while reported participants moved from 210 to 257 (+22.4%). Peak year by sponsor assets: 2022 ($46M); trough: 2024 ($29M).
Automated Conveyor Systems, Inc. multi-year asset trail
| 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 EIN | 540991574 |
| Plan Effective Date | 1986-06-30 |
| Filing Status | FILING 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
- Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
- The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
- American Systems Corporation Employee Stock Ownership Plan $331M · 1,782
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $322M · 1,652
- New River Electrical Corporation Employee Stock Ownership Plan $321M · 444
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Automated Conveyor Systems, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Automated Conveyor Systems, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Automated Conveyor Systems, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
- Automated Conveyor Systems, Inc.'s sponsor-wide assets have declined 36.8% since 2022 across 3 plan years on file. More Manufacturing plans