ESOP · DOL Form 5500 · 2023

Absolute Group, Inc. ESOP

Data updated 2026-08-25

$38M
Total assets Below avg plan size
264
Participants Below avg headcount
82nd
Percentile by assets National rank
$143,916
Avg per participant Near avg balance/head
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Official DOL plan name: Absolute Group, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Absolute Group, Inc. · Iowa · Management of Enterprises

$38M in assets, 264 participants

Absolute Group, Inc.'s Absolute Group, Inc. Employee Stock Ownership Plan and Trust reported $38M in total assets and 264 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #725 in Management of Enterprises (1,137 peers)

Coverage in Iowa

Absolute Group, Inc. Employee Stock Ownership Plan and Trust covers 264 participants in Iowa, about 43% of the average Iowa filer (state average ~609 per filing). Assets: $38M.

#725
in Management of Enterprises (1,137 peers)
+3.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Absolute Group, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

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

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

$37,993,934 Top 18% higher than 82% 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

Absolute Group, Inc. Employee Stock Ownership Plan and Trust 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. Absolute Group, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (264 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Absolute Group, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Absolute Group, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 236 in the plan year 2022 filing to 264 in the plan year 2023 filing.
  • Absolute Group, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $37M in the plan year 2022 filing to $38M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 461420502 · Absolute Group, Inc. PY 2023 · ESOP

Absolute Group, Inc. Employee Stock Ownership Plan and Trust · $38M · 264 · 82nd

  • EOY $38M
  • EOY 264
  • EOY 82nd
  • EOY ESOP
  • EOY near Smalley & Company Employee Stock Ownership Plan and Trust
  • EOY ind #725

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 Iowa →

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

Classic Transportation Services, Inc. Employee Stock Ownership PlanClassic Transportation Servi…$38MConsolidated Supply Employee Stock Ownership PlanConsolidated Supply Employee…$38MSmalley & Company Employee Stock Ownership Plan and TrustSmalley & Company Employee S…$38MAbsolute Group, Inc. Employee Stock Ownership Plan and TrustAbsolute Group, Inc. Employe…$38MPdg Employee Stock Ownership PlanPdg Employee Stock Ownership…$38M
End-of-year total assets ($M) among Absolute Group, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$37M
Net Income$2M
Employer EIN461420502
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Absolute Group, Inc.)

Sponsor-wide plan assets over time

All Absolute Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 11.104006980250935% vs 2022
2024 filing year
$36M$38M$40M$42M 202220232024 $36.7M $40.8M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 236 $37M
2023 1 264 $38M
2024 1 286 $41M

Nearby ESOP Plans in Iowa

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

Absolute Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 20040060080010001200 -20002004006008001000 Total assets ($M) Participants Absolute Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 37.993934 · Participants: 264Absolute Group, Inc. Employee Stock Ownership Plan and TrustEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership Plan
Absolute Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Absolute Group, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Iowa, the nearest ESOP by assets is Smalley & Company Employee Stock Ownership Plan and Trust in CO ($38M); by covered participants it is Red Dot Corporation Employee Stock Ownership Plan and Trust in WA (264 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (264 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 Absolute Group, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Absolute Group, Inc. Employee Stock Ownership Plan and Trust edged up modestly - up 3.4% during 2023, from $37M to $38M. Reported net income was $2M.
How have Absolute Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Absolute Group, Inc.'s sponsor-wide assets grew 11.1%, from $37M to $41M.
Where does Absolute Group, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Absolute Group, Inc. Employee Stock Ownership Plan and Trust ranks in the 82nd 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 Absolute Group, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Smalley & Company Employee Stock Ownership Plan and Trust in CO ($38M, 135 participants).
Which ESOP plans cover a similar participant headcount to Absolute Group, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Red Dot Corporation Employee Stock Ownership Plan and Trust in WA (264 participants, $33M 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 461420502.

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.