ESOP · DOL Form 5500 · 2023

Advanced Process Technologies, Inc. ESOP

Data updated 2026-08-11

$43M
Total assets: 109
Participants: 84th
Percentile by assets: $394,620
Avg per participant

Official DOL plan name: Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Advanced Process Technologies, Inc. · Minnesota · Construction

$43M in assets, 109 participants

Advanced Process Technologies, Inc.'s Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust reported $43M in total assets and 109 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 127,072 plans)
#7,387 in Construction (9,030 peers)

Coverage in Minnesota

Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust covers 109 participants in Minnesota, about 10% of the average Minnesota filer (state average ~1,126 per filing). Assets: $43M.

$43M
total plan assets (2023 EOY): 109
covered participants: 84th
percentile by assets (of 127,072 plans): $394,620
avg assets per participant

Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 91 in the plan year 2022 filing to 109 in the plan year 2023 filing.
Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $38M in the plan year 2022 filing to $43M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Minnesota

Industry

Construction

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust reports 109 participants - about 10% of that state average ($43M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)	$38M
Net Assets (End of Year)	$40M
Net Income	$5M
Employer EIN	421497050
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Advanced Process Technologies, Inc.)

Total plan assets by year, all Advanced Process Technologies, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	210	$50M
2023	2	253	$59M
2024	2	254	$82M

Nearby ESOP Plans in Minnesota

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

Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants

Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
Kingdom Enterprises, Inc. Employee Stock Ownership Plan $498M · 789
Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
Force America Inc. Employee Stock Ownership Plan $427M · 412

Compare Advanced Process Technologies, Inc. Empl… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Sechan Electronics, Inc. Employee Stock Ownership Plan (PA) $43M · 271
Re/Spec Inc. Employee Stock Ownership Plan (SD) $43M · 471
Abbey Paving and Sealcoating Co. Employee Stock Ownership Plan (IL) $43M · 155
Port Amherst, Ltd. Employee Stock Ownership Plan (WV) $43M · 325

Frequently Asked Questions

How did Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼

Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 13.3% during 2023, from $38M to $43M. Reported net income was $5M.

How have Advanced Process Technologies, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Advanced Process Technologies, Inc.'s sponsor-wide assets grew 63.2%, from $50M to $82M.

Where does Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼

Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust? ▼

Among ESOP plans in other states, the closest by assets is Sechan Electronics, Inc. Employee Stock Ownership Plan in PA ($43M, 271 participants).

Next read for Advanced Process Technologies, Inc. Empl…

Filing takeaways

Ways to act on Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust's numbers.

By total assets, Advanced Process Technologies, Inc. Employee Stock Ownership Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
Advanced Process Technologies, Inc.'s sponsor-wide assets have grown 63.2% since 2022 across 3 plan years on file. More Construction plans

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 421497050.