ESOP · DOL Form 5500 · 2023

American Asphalt Company, Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
180
Participants Small participant base
58th
Percentile by assets National rank
$54,927
Avg per participant Low balance/head
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Official DOL plan name: American Asphalt Company, Inc. Employee Stock Ownership Plan · Sponsored by American Asphalt Company, Inc. · New Jersey · Manufacturing

$10M in assets, 180 participants

American Asphalt Company, Inc.'s American Asphalt Company, Inc. Employee Stock Ownership Plan reported $10M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,333 in Manufacturing (18,722 peers)

Coverage in New Jersey

American Asphalt Company, Inc. Employee Stock Ownership Plan covers 180 participants in New Jersey, about 21% of the average New Jersey filer (state average ~844 per filing). Assets: $10M.

#8,333
in Manufacturing (18,722 peers)
+38.5%
assets growth YoY

American Asphalt Company, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

American Asphalt Company, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$9,886,770 Top 42% higher than 58% 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 Asphalt Company, 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. American Asphalt Company, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Asphalt Company, Inc. Employee Stock Ownership Plan reported net income rose from $743K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • American Asphalt Company, Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • American Asphalt Company, Inc. Employee Stock Ownership Plan reported participants rose from 171 in the plan year 2022 filing to 180 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 824794509 · American Asphalt Company, Inc. PY 2023 · ESOP

American Asphalt Company, Inc. Employee Stock Ownership Plan · $10M · 180 · 58th

  • BOY $10M
  • BOY 180
  • BOY 58th
  • BOY ESOP
  • BOY near Federal Schedules, Inc. Employee Stock Ownership Plan
  • BOY ind #8333

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 New Jersey →

American Asphalt Company, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Climate Design Air Conditioning, Inc. Employee Stock Ownership PlanClimate Design Air Condition…$10MAmerican Asphalt Company, Inc. Employee Stock Ownership PlanAmerican Asphalt Company, In…$10MFederal Schedules, Inc. Employee Stock Ownership PlanFederal Schedules, Inc. Empl…$10MLake Elmo Bank Employee Stock Ownership PlanLake Elmo Bank Employee Stoc…$10MLea Elliott, Inc. Employee Stock Ownership PlanLea Elliott, Inc. Employee S…$10M
End-of-year total assets ($M) among American Asphalt Company, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$10M
Net Income$5M
Employer EIN824794509
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Asphalt Company, Inc.)

Sponsor-wide plan assets over time

All American Asphalt Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 63.3813993891333% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $7.14M $2.61M ▼ -63.4%
Year Plans Participants Total Assets
2022 1 171 $7M
2023 1 180 $10M
2024 1 N/A $3M

Nearby ESOP Plans in New Jersey

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

American Asphalt Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -1000100200300400500 Total assets ($M) Participants American Asphalt Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 9.88677 · Participants: 180American Asphalt Company, Inc. Employee Stock Ownership PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 420.904787 · Participants: 1127Okonite Company Employees Stock Ownership PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 309.109417 · Participants: 1571Mathematica Group Holding Inc. Employee Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 300.696739 · Participants: 1050Conair LLC Savings and Investment PlanAmboy Bancorporation Employee Stock Ownership Plan, Total assets ($M): 106.542135 · Participants: 193Amboy Bancorporation Employee Stock Ownership PlanColumbia Bank Employee Stock Ownership Plan, Total assets ($M): 85.571031 · Participants: 729Columbia Bank Employee Stock Ownership Plan
American Asphalt Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare American Asphalt Company, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New Jersey, the nearest ESOP by assets is Federal Schedules, Inc. Employee Stock Ownership Plan in VA ($10M); by covered participants it is Covenant Eyes, Inc. Employee Stock Ownership Plan in MI (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 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 Asphalt Company, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
American Asphalt Company, Inc. Employee Stock Ownership Plan surged - up 38.5% during 2023, from $7M to $10M. Reported net income was $5M.
How have American Asphalt Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Asphalt Company, Inc.'s sponsor-wide assets declined 63.4%, from $7M to $3M.
Which ESOP plans are similar in size to American Asphalt Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Federal Schedules, Inc. Employee Stock Ownership Plan in VA ($10M, 22 participants).
Which ESOP plans cover a similar participant headcount to American Asphalt Company, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Covenant Eyes, Inc. Employee Stock Ownership Plan in MI (180 participants, $8M 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 824794509.

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.