ESOP · DOL Form 5500 · 2023

Altron Automation Group, Inc. ESOP

Data updated 2026-08-25

$670K
Total assets Small plan by assets
139
Participants Small participant base
20th
Percentile by assets National rank
$4,820
Avg per participant Low balance/head
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Official DOL plan name: Altron Automation Group, Inc. Employee Stock Ownership Plan · Sponsored by Altron Automation Group, Inc. · Michigan · Manufacturing

$670K in assets, 139 participants

Altron Automation Group, Inc.'s Altron Automation Group, Inc. Employee Stock Ownership Plan reported $670K in total assets and 139 participants in its 2023 DOL Form 5500 filing, ranking in the 20th 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.

  • #1,590 in Manufacturing (18,722 peers)

Coverage in Michigan

Altron Automation Group, Inc. Employee Stock Ownership Plan covers 139 participants in Michigan, about 22% of the average Michigan filer (state average ~638 per filing). Assets: $670K.

#1,590
in Manufacturing (18,722 peers)
-73.9%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Altron Automation Group, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Altron Automation Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$670,000 20th percentile higher than 20% 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

Altron Automation Group, 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. Altron Automation Group, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (139 participants).

Form 5500 schedule snapshot

Filing strip 854184989 · Altron Automation Group, Inc. PY 2023 · ESOP

Altron Automation Group, Inc. Employee Stock Ownership Plan · $670K · 139 · 20th

  • EIN $670K
  • EIN 139
  • EIN 20th
  • EIN ESOP
  • EIN near Blois Construction Employee Stock Ownership Plan
  • EIN ind #1590

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 Michigan →

Altron Automation Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Altron Automation Group, Inc. Employee Stock Ownership PlanAltron Automation Group, Inc…$670KBlois Construction Employee Stock Ownership PlanBlois Construction Employee …$670KCentrexit Employee Stock Ownership PlanCentrexit Employee Stock Own…$670KDiablo Electric, Inc. Employee Stock Ownership PlanDiablo Electric, Inc. Employ…$671KSeal-Ryt Corp. Employee Stock Ownership Plan and TrustSeal-Ryt Corp. Employee Stoc…$672K
End-of-year total assets ($M) among Altron Automation Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$29M
Net Income-$1M
Employer EIN854184989
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altron Automation Group, Inc.)

Sponsor-wide plan assets over time

All Altron Automation Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 98.50746268656717% vs 2023
2024 filing year
$0.6M$0.8M$1M$1.2M$1.4M 20232024 $0.67M $1.33M ▲ +98.5%
Year Plans Participants Total Assets
2023 1 139 $670K
2024 1 125 $1M

Nearby ESOP Plans in Michigan

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

Altron Automation Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Altron Automation Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00067 · Participants: 139Altron Automation Group, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Altron Automation Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Altron Automation Group, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Altron Automation Group, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Blois Construction Employee Stock Ownership Plan in CA ($670K); by covered participants it is Poblocki Paving Corp. Employee Stock Ownership Plan in WI (139 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (139 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 Altron Automation Group, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Altron Automation Group, Inc. Employee Stock Ownership Plan contracted severely - down 73.9% during 2023, from $3M to $670K. Reported net income was -$1M.
How have Altron Automation Group, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Altron Automation Group, Inc.'s sponsor-wide assets grew 98.5%, from $670K to $1M.
Where does Altron Automation Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Altron Automation Group, Inc. Employee Stock Ownership Plan ranks in the 20th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Altron Automation Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Blois Construction Employee Stock Ownership Plan in CA ($670K, 37 participants).
Which ESOP plans cover a similar participant headcount to Altron Automation Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Poblocki Paving Corp. Employee Stock Ownership Plan in WI (139 participants, $25M 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 854184989.

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.