ESOP · DOL Form 5500 · 2023

Advanced Elements, Inc. ESOP

Data updated 2026-08-25

$71M
Total assets Below avg plan size
271
Participants Below avg headcount
89th
Percentile by assets National rank
$263,222
Avg per participant High balance/head
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Official DOL plan name: Advanced Elements, Inc. Employee Stock Ownership Plan · Sponsored by Advanced Elements, Inc. · North Dakota · Professional & Technical Services

$71M in assets, 271 participants

Advanced Elements, Inc.'s Advanced Elements, Inc. Employee Stock Ownership Plan reported $71M in total assets and 271 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #18,281 in Professional & Technical Services (20,321 peers)

Where Advanced Elements, Inc. Employee Stock Ownership Plan sits by assets

Advanced Elements, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $71M for 271 participants (~$263,222/participant), up 23.2% in 2023.

#18,281
in Professional & Technical Services (20,321 peers)
+23.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Advanced Elements, Inc. Employee Stock Ownership Plan's outsized position by total assets

Advanced Elements, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$71,333,190 Top 11% higher than 89% 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

Advanced Elements, 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. Advanced Elements, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (271 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Advanced Elements, Inc. Employee Stock Ownership Plan end-of-year assets rose from $58M in the plan year 2022 filing to $71M in the plan year 2023 filing.
  • Advanced Elements, Inc. Employee Stock Ownership Plan reported net income fell from $17M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Advanced Elements, Inc. Employee Stock Ownership Plan reported participants rose from 248 in the plan year 2022 filing to 271 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 262006372 · Advanced Elements, Inc. PY 2023 · ESOP

Advanced Elements, Inc. Employee Stock Ownership Plan · $71M · 271 · 89th

  • TYPE $71M
  • NET 271
  • BOOK 89th
  • VS-ST ESOP
  • BOY near Cape Cod Lumber Co., Inc. Employee Stock Ownership Plan
  • SCH ind #18281

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 North Dakota →

Advanced Elements, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Morley Builders, Inc. Employee Stock Ownership PlanMorley Builders, Inc. Employ…$72MCape Cod Lumber Co., Inc. Employee Stock Ownership PlanCape Cod Lumber Co., Inc. Em…$71MAdvanced Elements, Inc. Employee Stock Ownership PlanAdvanced Elements, Inc. Empl…$71MCives Corporation Employee Stock Ownership PlanCives Corporation Employee S…$71MM.a. Ford Mfg. Co., Inc. Employee Stock Ownership PlanM.a. Ford Mfg. Co., Inc. Emp…$71M
End-of-year total assets ($M) among Advanced Elements, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$70M
Net Income$13M
Employer EIN262006372
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Advanced Elements, Inc.)

Sponsor-wide plan assets over time

All Advanced Elements, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$91M 57.270178184884834% vs 2022
2024 filing year
$50M$60M$70M$80M$90M$100M 202220232024 $57.9M $91.1M ▲ +57.3%
Year Plans Participants Total Assets
2022 1 248 $58M
2023 1 271 $71M
2024 1 287 $91M

Nearby ESOP Plans in North Dakota

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

Advanced Elements, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 00.511.5 Total assets ($B) Participants Advanced Elements, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.07133319 · Participants: 271Advanced Elements, Inc. Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.176759361 · Participants: 2973Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.837710398 · Participants: 4597Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229795263 · Participants: 767Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.158672448 · Participants: 901Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.086685795 · Participants: 90Frontier Precision, Inc Employee Stock Ownership Plan
Advanced Elements, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Advanced Elements, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Advanced Elements, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Cape Cod Lumber Co., Inc. Employee Stock Ownership Plan in MA ($71M); by covered participants it is Sb Financial Group Employee Stock Ownership Plan in OH (271 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (271 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 Advanced Elements, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Advanced Elements, Inc. Employee Stock Ownership Plan grew sharply - up 23.2% during 2023, from $58M to $71M. Reported net income was $13M.
How have Advanced Elements, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Advanced Elements, Inc.'s sponsor-wide assets grew 57.3%, from $58M to $91M.
Where does Advanced Elements, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Advanced Elements, Inc. Employee Stock Ownership Plan ranks in the 89th 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 Elements, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Cape Cod Lumber Co., Inc. Employee Stock Ownership Plan in MA ($71M, 92 participants).
Which ESOP plans cover a similar participant headcount to Advanced Elements, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Sb Financial Group Employee Stock Ownership Plan in OH (271 participants, $5M 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 262006372.

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.