ESOP · DOL Form 5500 · 2023

Ignite Fueling Innovation, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
120
Participants Small participant base
55th
Percentile by assets National rank
$71,994
Avg per participant Below avg balance/head
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Official DOL plan name: Ignite Fueling Innovation Employee Stock Ownership Plan · Sponsored by Ignite Fueling Innovation, Inc. · Alabama · Professional & Technical Services

$9M in assets, 120 participants

Ignite Fueling Innovation, Inc.'s Ignite Fueling Innovation Employee Stock Ownership Plan reported $9M in total assets and 120 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #10,958 in Professional & Technical Services (20,321 peers)

Coverage in Alabama

Ignite Fueling Innovation Employee Stock Ownership Plan covers 120 participants in Alabama, about 33% of the average Alabama filer (state average ~360 per filing). Assets: $9M.

#10,958
in Professional & Technical Services (20,321 peers)
+25.7%
assets growth YoY

Ignite Fueling Innovation Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Ignite Fueling Innovation Employee Stock Ownership Plan vs every filed plan by assets

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

$8,639,334 Top 45% higher than 55% 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

Ignite Fueling Innovation 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. Ignite Fueling Innovation Employee Stock Ownership Plan sits mid-pack in the medium band (120 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ignite Fueling Innovation Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Ignite Fueling Innovation Employee Stock Ownership Plan reported net income fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Ignite Fueling Innovation Employee Stock Ownership Plan reported participants rose from 117 in the plan year 2022 filing to 120 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 631266834 · Ignite Fueling Innovation, Inc. PY 2023 · ESOP

Ignite Fueling Innovation Employee Stock Ownership Plan · $9M · 120 · 55th

  • EIN $9M
  • RANK 120
  • PHOTO 55th
  • IND ESOP
  • EOY near Ms Consultants, Inc. ESOP Profit Sharing/Stock Bonus Plan
  • 5500 ind #10958

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 Alabama →

Ignite Fueling Innovation Employee Stock Ownership Plan in the asset neighbourhood

Cma/Flodyne/Hydradyne, Inc. Employee Stock Ownership PlanCma/Flodyne/Hydradyne, Inc. …$9MIgnite Fueling Innovation Employee Stock Ownership PlanIgnite Fueling Innovation Em…$9MMs Consultants, Inc. ESOP Profit Sharing/Stock Bonus PlanMs Consultants, Inc. ESOP Pr…$9MDirect Path Corporation Employee Stock Ownership PlanDirect Path Corporation Empl…$9MWorld Products Inc. Employee Stock Ownership PlanWorld Products Inc. Employee…$9M
End-of-year total assets ($M) among Ignite Fueling Innovation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN631266834
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ignite Fueling Innovation, Inc.)

Sponsor-wide plan assets over time

All Ignite Fueling Innovation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 31.02122265386484% vs 2022
2024 filing year
$14M$16M$18M$20M$22M 202220232024 $15.1M $19.8M ▲ +31.0%
Year Plans Participants Total Assets
2022 2 271 $15M
2023 2 279 $18M
2024 2 329 $20M

Nearby ESOP Plans in Alabama

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

Ignite Fueling Innovation Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500 -2000200400600 Total assets ($M) Participants Ignite Fueling Innovation Employee Stock Ownership Plan, Total assets ($M): 8.639334 · Participants: 120Ignite Fueling Innovation Employee Stock Ownership PlanStarfish Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 470.48798 · Participants: 1360Starfish Holdings, Inc. Employee Stock Ownership PlanInline Electric Employee Stock Ownership Plan, Total assets ($M): 196.496733 · Participants: 287Inline Electric Employee Stock Ownership PlanRadiance Technologies, Inc. Employee Stock Ownership Plan, Total assets ($M): 168.105591 · Participants: 874Radiance Technologies, Inc. Employee Stock Ownership PlanSignature Homes Employee Stock Ownership Plan, Total assets ($M): 167.814551 · Participants: 123Signature Homes Employee Stock Ownership PlanEmployee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub, Total assets ($M): 126.850762 · Participants: 909Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub
Ignite Fueling Innovation Employee Stock Ownership Plan vs. nearby ESOP plans in Alabama, assets vs. participants
Compare Ignite Fueling Innovation Employee Stock Ownership Plan side-by-side with 3 peers →

Ignite Fueling Innovation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Alabama, the nearest ESOP by assets is Ms Consultants, Inc. ESOP Profit Sharing/Stock Bonus Plan in OH ($9M); by covered participants it is Gordon, Inc. Employee Stock Ownership Plan in LA (120 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (120 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 Ignite Fueling Innovation Employee Stock Ownership Plan assets move in 2023? ▼
Ignite Fueling Innovation Employee Stock Ownership Plan grew sharply - up 25.7% during 2023, from $7M to $9M. Reported net income was $2M.
How have Ignite Fueling Innovation, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ignite Fueling Innovation, Inc.'s sponsor-wide assets grew 31.0%, from $15M to $20M.
Which ESOP plans are similar in size to Ignite Fueling Innovation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ms Consultants, Inc. ESOP Profit Sharing/Stock Bonus Plan in OH ($9M, 191 participants).
Which ESOP plans cover a similar participant headcount to Ignite Fueling Innovation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Gordon, Inc. Employee Stock Ownership Plan in LA (120 participants, $41M 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 631266834.

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.