ESOP · DOL Form 5500 · 2023

Aarete, Inc. ESOP

Data updated 2026-08-25

$111M
Total assets Near avg plan size
228
Participants Below avg headcount
92nd
Percentile by assets National rank
$486,687
Avg per participant High balance/head
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Official DOL plan name: Aarete Employee Stock Ownership Plan · Sponsored by Aarete, Inc. · Illinois · Other Services

$111M in assets, 228 participants

Aarete, Inc.'s Aarete Employee Stock Ownership Plan reported $111M in total assets and 228 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,636 in Other Services (7,857 peers)

Coverage in Illinois

Aarete Employee Stock Ownership Plan covers 228 participants in Illinois, about 29% of the average Illinois filer (state average ~779 per filing). Assets: $111M.

#7,636
in Other Services (7,857 peers)
+44.6%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Aarete Employee Stock Ownership Plan's outsized position by total assets

Aarete Employee Stock Ownership Plan vs every filed plan by assets

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

$110,964,629 Top 8% higher than 92% 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

Aarete 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. Aarete Employee Stock Ownership Plan sits mid-pack in the medium band (228 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aarete Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Aarete Employee Stock Ownership Plan end-of-year assets rose from $77M in the plan year 2022 filing to $111M in the plan year 2023 filing.
  • Aarete Employee Stock Ownership Plan reported participants rose from 177 in the plan year 2022 filing to 228 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 824403675 · Aarete, Inc. PY 2023 · ESOP

Aarete Employee Stock Ownership Plan · $111M · 228 · 92nd

  • VS-ST $111M
  • VS-ST 228
  • VS-ST 92nd
  • VS-ST ESOP
  • VS-ST near Thrifty Drug Stores Inc Employee Stock Ownership Plan
  • VS-ST ind #7636

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 Illinois →

Aarete Employee Stock Ownership Plan in the asset neighbourhood

Gbs Corp & Subsidiaries Employee Stock Ownership Plan & TrustGbs Corp & Subsidiaries Empl…$111MJacobsen Construction Company, Inc. Employee Stock Ownership PlanJacobsen Construction Compan…$111MSuzanna's Kitchen , Inc., Employee Stock Ownership PlanSuzanna's Kitchen , Inc., Em…$111MAarete Employee Stock Ownership PlanAarete Employee Stock Owners…$111MThrifty Drug Stores Inc Employee Stock Ownership PlanThrifty Drug Stores Inc Empl…$111M
End-of-year total assets ($M) among Aarete Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$49M
Net Income$35M
Employer EIN824403675
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aarete, Inc.)

Sponsor-wide plan assets over time

All Aarete, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$147M 92.00932786033039% vs 2022
2024 filing year
$50M$100M$150M$200M 202220232024 $76.7M $147M ▲ +92.0%
Year Plans Participants Total Assets
2022 1 177 $77M
2023 2 525 $135M
2024 2 502 $147M

Nearby ESOP Plans in Illinois

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

Aarete Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Aarete Employee Stock Ownership Plan, Total assets ($B): 0.110964629 · Participants: 228Aarete Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Aarete Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Aarete Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is Thrifty Drug Stores Inc Employee Stock Ownership Plan in MN ($111M); by covered participants it is Trachte Building Systems Employee Stock Ownership Plan in WI (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 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 Aarete Employee Stock Ownership Plan assets move in 2023? ▼
Aarete Employee Stock Ownership Plan surged - up 44.6% during 2023, from $77M to $111M. Reported net income was $35M.
How have Aarete, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aarete, Inc.'s sponsor-wide assets grew 92.0%, from $77M to $147M.
Where does Aarete Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Aarete Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Aarete Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Thrifty Drug Stores Inc Employee Stock Ownership Plan in MN ($111M, 983 participants).
Which ESOP plans cover a similar participant headcount to Aarete Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Trachte Building Systems Employee Stock Ownership Plan in WI (228 participants, $331M 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 824403675.

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.