ESOP · DOL Form 5500 · 2023

Saalex Corporation ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
416
Participants Below avg headcount
61st
Percentile by assets National rank
$27,246
Avg per participant Low balance/head
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Official DOL plan name: Saalex Corporation Employee Stock Ownership Plan · Sponsored by Saalex Corporation · California · Professional & Technical Services

$11M in assets, 416 participants

Saalex Corporation's Saalex Corporation Employee Stock Ownership Plan reported $11M in total assets and 416 participants in its 2023 DOL Form 5500 filing, ranking in the 61st 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.

  • #12,236 in Professional & Technical Services (20,321 peers)

Saalex Corporation multi-year trail

Saalex Corporation's plans moved -50.6% in assets from 2022 to 2024; this filing shows Saalex Corporation Employee Stock Ownership Plan at $11M / 416 participants.

#12,236
in Professional & Technical Services (20,321 peers)
+83.3%
assets growth YoY

The plan reported a net loss of $648K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Saalex Corporation Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Saalex Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$11,334,470 Top 39% higher than 61% 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

Saalex Corporation 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. Saalex Corporation Employee Stock Ownership Plan sits mid-pack in the medium band (416 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Saalex Corporation Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Saalex Corporation Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2022 filing to -$648K in the plan year 2023 filing.
  • Saalex Corporation Employee Stock Ownership Plan reported participants rose from 362 in the plan year 2022 filing to 416 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 880438999 · Saalex Corporation PY 2023 · ESOP

Saalex Corporation Employee Stock Ownership Plan · $11M · 416 · 61st

  • EBSA $11M
  • PART 416
  • TYPE 61st
  • NET ESOP
  • BOOK near Gai Employee Stock Ownership Plan
  • VS-ST ind #12236

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 California →

Saalex Corporation Employee Stock Ownership Plan in the asset neighbourhood

Saalex Corporation Employee Stock Ownership PlanSaalex Corporation Employee …$11MGai Employee Stock Ownership PlanGai Employee Stock Ownership…$11MMidwest Equipment Company Employee Stock Ownership PlanMidwest Equipment Company Em…$11MDoors Incorporated Employee Stock Ownership PlanDoors Incorporated Employee …$11MA to Z Machine Company, Inc. Employee Stock Ownership PlanA to Z Machine Company, Inc.…$11M
End-of-year total assets ($M) among Saalex Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Saalex Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Saalex Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$16M 50.63084841474528% vs 2022
2024 filing year
$10M$20M$30M$40M$50M 202220232024 $31.8M $15.7M ▼ -50.6%
Year Plans Participants Total Assets
2022 2 910 $32M
2023 2 1,045 $44M
2024 2 1,345 $16M

Saalex Corporation filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)-$1M
Net Income-$648K
Employer EIN880438999
Plan Effective Date2018-12-28
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

Saalex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Saalex Corporation Employee Stock Ownership Plan, Total assets ($B): 0.01133447 · Participants: 416Saalex Corporation Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 3.757068542 · Participants: 7871Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.444524335 · Participants: 1397Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.125537204 · Participants: 1700Rosendin Electric, Inc. Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533004512 · Participants: 72Agron, Inc. Employee Stock Ownership PlanRecology Employee Stock Ownership Plan, Total assets ($B): 0.497089527 · Participants: 3656Recology Employee Stock Ownership Plan
Saalex Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Saalex Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Saalex Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Gai Employee Stock Ownership Plan in IL ($11M); by covered participants it is Kearny Bank Employee Stock Ownership Plan in NJ (417 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (416 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 Saalex Corporation Employee Stock Ownership Plan assets move in 2023? ▼
Saalex Corporation Employee Stock Ownership Plan surged - up 83.3% during 2023, from $6M to $11M. Reported net income was -$648K.
How have Saalex Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Saalex Corporation's sponsor-wide assets declined 50.6%, from $32M to $16M.
Which ESOP plans are similar in size to Saalex Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Gai Employee Stock Ownership Plan in IL ($11M, 41 participants).
Which ESOP plans cover a similar participant headcount to Saalex Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Kearny Bank Employee Stock Ownership Plan in NJ (417 participants, $44M 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 880438999.

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.