ESOP · DOL Form 5500 · 2023
American Systems Corporation ESOP
Data updated 2026-08-11
- $331M
- Total assets
- 1,782
- Participants
- 96th
- Percentile by assets
- $185,923
- Avg per participant
Official DOL plan name: American Systems Corporation Employee Stock Ownership Plan · Sponsored by American Systems Corporation · Virginia · Professional & Technical Services
$331M in assets, 1,782 participants
American Systems Corporation's American Systems Corporation Employee Stock Ownership Plan reported $331M in total assets and 1,782 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 127,072 plans)
- #19,790 in Professional & Technical Services (20,321 peers)
Coverage in Virginia
American Systems Corporation Employee Stock Ownership Plan covers 1,782 participants in Virginia, 2.3x the typical Virginia plan (state average ~782 per filing). Assets: $331M.
- $331M
- total plan assets (2023 EOY)
- 1,782
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $185,923
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- American Systems Corporation Employee Stock Ownership Plan reported net income rose from $11M in the plan year 2022 filing to $40M in the plan year 2023 filing.
- American Systems Corporation Employee Stock Ownership Plan end-of-year assets rose from $292M in the plan year 2022 filing to $331M in the plan year 2023 filing.
- American Systems Corporation Employee Stock Ownership Plan reported participants fell from 1,828 in the plan year 2022 filing to 1,782 in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. American Systems Corporation Employee Stock Ownership Plan reports 1,782 participants - 2.3x that state average ($331M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $292M |
|---|---|
| Net Assets (End of Year) | $331M |
| Net Income | $40M |
| Employer EIN | 540962497 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Systems Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,366 | $470M |
| 2023 | 2 | 3,266 | $541M |
| 2024 | 2 | 3,345 | $571M |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
American Systems Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
- Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
- The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $322M · 1,652
- New River Electrical Corporation Employee Stock Ownership Plan $321M · 444
- Davis H. Elliot Company, Incorporated Employee Stock Ownership Plan $250M · 2,072
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to American Systems Corporation Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did American Systems Corporation Employee Stock Ownership Plan assets move in 2023? ▼
How have American Systems Corporation plan assets changed over time? ▼
Where does American Systems Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to American Systems Corporation Employee Stock Ownership Plan? ▼
Next read for American Systems Corporation Employee St…
Filing takeaways
Ways to act on American Systems Corporation Employee Stock Ownership Plan's numbers.
- By total assets, American Systems Corporation Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
- American Systems Corporation's sponsor-wide assets have grown 21.4% since 2022 across 3 plan years on file. More Professional & Technical Services plans