ESOP · DOL Form 5500 · 2023

American Reading Company, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
296
Participants Below avg headcount
38th
Percentile by assets National rank
$11,826
Avg per participant Low balance/head
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Official DOL plan name: American Reading Company, Inc. Employee Stock Ownership Plan · Sponsored by American Reading Company, Inc. · Pennsylvania · Other Services

$4M in assets, 296 participants

American Reading Company, Inc.'s American Reading Company, Inc. Employee Stock Ownership Plan reported $4M in total assets and 296 participants in its 2023 DOL Form 5500 filing, ranking in the 38th 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.

  • #4,821 in Other Services (7,857 peers)

Coverage in Pennsylvania

American Reading Company, Inc. Employee Stock Ownership Plan covers 296 participants in Pennsylvania, about 36% of the average Pennsylvania filer (state average ~822 per filing). Assets: $4M.

#4,821
in Other Services (7,857 peers)
-75.5%
assets change YoY

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

American Reading Company, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Other Services and all filers

American Reading Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,500,463 38th percentile higher than 38% 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

American Reading Company, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Reading Company, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (296 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Reading Company, Inc. Employee Stock Ownership Plan reported net income rose from -$52M in the plan year 2022 filing to -$8M in the plan year 2023 filing.
  • American Reading Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $14M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • American Reading Company, Inc. Employee Stock Ownership Plan reported participants rose from 259 in the plan year 2022 filing to 296 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 232965253 · American Reading Company, Inc. PY 2023 · ESOP

American Reading Company, Inc. Employee Stock Ownership Plan · $4M · 296 · 38th

  • PART $4M
  • TYPE 296
  • NET 38th
  • BOOK ESOP
  • VS-ST near Spec Employee Stock Ownership Plan
  • BOY ind #4821

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 Pennsylvania →

American Reading Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

American Reading Company, Inc. Employee Stock Ownership PlanAmerican Reading Company, In…$4MSpec Employee Stock Ownership PlanSpec Employee Stock Ownershi…$4MHigh Country Bancorp, Inc. Employee Stock Ownership PlanHigh Country Bancorp, Inc. E…$4MBush & Burchett, Inc. Employee Stock Ownership PlanBush & Burchett, Inc. Employ…$3MRbs Employee Stock Ownership PlanRbs Employee Stock Ownership…$3M
End-of-year total assets ($M) among American Reading Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)-$58M
Net Income-$8M
Employer EIN232965253
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Reading Company, Inc.)

Sponsor-wide plan assets over time

All American Reading Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19M 30.823570732853455% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $28.1M $19.5M ▼ -30.8%
Year Plans Participants Total Assets
2022 2 555 $28M
2023 2 626 $19M
2024 2 458 $19M

Nearby ESOP Plans in Pennsylvania

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

American Reading Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants American Reading Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.003500463 · Participants: 296American Reading Company, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
American Reading Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare American Reading Company, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

American Reading Company, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Spec Employee Stock Ownership Plan in MA ($4M); by covered participants it is The Lighthouse, Inc. Employee Stock Ownership Plan in MI (296 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (296 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 American Reading Company, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
American Reading Company, Inc. Employee Stock Ownership Plan contracted severely - down 75.5% during 2023, from $14M to $4M. Reported net income was -$8M.
How have American Reading Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Reading Company, Inc.'s sponsor-wide assets declined 30.8%, from $28M to $19M.
Which ESOP plans are similar in size to American Reading Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Spec Employee Stock Ownership Plan in MA ($4M, 28 participants).
Which ESOP plans cover a similar participant headcount to American Reading Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Lighthouse, Inc. Employee Stock Ownership Plan in MI (296 participants, $9M 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 232965253.

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.