ESOP · DOL Form 5500 · 2023

American Flexible Products, Inc. ESOP

Data updated 2026-08-25

$22M
Total assets Small plan by assets
37
Participants Small participant base
74th
Percentile by assets National rank
$597,383
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: American Flexible Products, Inc. Employee Stock Ownership Plan and Trust · Sponsored by American Flexible Products, Inc. · Minnesota · Manufacturing

$22M in assets, 37 participants

American Flexible Products, Inc.'s American Flexible Products, Inc. Employee Stock Ownership Plan and Trust reported $22M in total assets and 37 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.

  • #12,132 in Manufacturing (18,722 peers)

American Flexible Products, Inc. multi-year trail

American Flexible Products, Inc.'s plans moved +21.3% in assets from 2022 to 2024; this filing shows American Flexible Products, Inc. Employee Stock Ownership Plan and Trust at $22M / 37 participants.

#12,132
in Manufacturing (18,722 peers)
+13.5%
assets growth YoY

American Flexible Products, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

American Flexible Products, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$22,103,156 Top 26% higher than 74% 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 Flexible Products, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Flexible Products, Inc. Employee Stock Ownership Plan and Trust is a small filing (37 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Flexible Products, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 30 in the plan year 2022 filing to 37 in the plan year 2023 filing.
  • American Flexible Products, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 411677289 · American Flexible Products, Inc. PY 2023 · ESOP

American Flexible Products, Inc. Employee Stock Ownership Plan and Trust · $22M · 37 · 74th

  • PCT $22M
  • PCT 37
  • PCT 74th
  • PCT ESOP
  • PCT near Rycon Holdings Inc Employee Stock Ownership Plan and Trust
  • PCT ind #12132

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 Minnesota →

American Flexible Products, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Kesslers Diamond Center Inc. Employee Stock Ownership PlanKesslers Diamond Center Inc.…$22MCortrust Bank Employee Stock Ownership Plan and TrustCortrust Bank Employee Stock…$22MRycon Holdings Inc Employee Stock Ownership Plan and TrustRycon Holdings Inc Employee …$22MWestbrook Sales and Distributing Corporation Employee Stock Ownership PlanWestbrook Sales and Distribu…$22MAmerican Flexible Products, Inc. Employee Stock Ownership Plan and TrustAmerican Flexible Products, …$22M
End-of-year total assets ($M) among American Flexible Products, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

American Flexible Products, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All American Flexible Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$24M 21.316180483406185% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $19.5M $23.6M ▲ +21.3%
Year Plans Participants Total Assets
2022 1 30 $19M
2023 1 37 $22M
2024 1 35 $24M

American Flexible Products, Inc. filing trail (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN411677289
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

American Flexible Products, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants American Flexible Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 22.103156 · Participants: 37American Flexible Products, Inc. Employee Stock Ownership Plan and TrustAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
American Flexible Products, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare American Flexible Products, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Rycon Holdings Inc Employee Stock Ownership Plan and Trust in PA ($22M); by covered participants it is Alexander Clark, Inc. Employee Stock Ownership Plan and Trust in ID (37 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (37 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 Flexible Products, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
American Flexible Products, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 13.5% during 2023, from $19M to $22M. Reported net income was $3M.
How have American Flexible Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Flexible Products, Inc.'s sponsor-wide assets grew 21.3%, from $19M to $24M.
Which ESOP plans are similar in size to American Flexible Products, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Rycon Holdings Inc Employee Stock Ownership Plan and Trust in PA ($22M, 441 participants).
Which ESOP plans cover a similar participant headcount to American Flexible Products, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Alexander Clark, Inc. Employee Stock Ownership Plan and Trust in ID (37 participants, $4M 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 411677289.

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.