ESOP · DOL Form 5500 · 2023

Speer Financial, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
15
Participants Small participant base
29th
Percentile by assets National rank
$119,570
Avg per participant Near avg balance/head
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Official DOL plan name: Speer Financial, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Speer Financial, Inc. · Illinois · Finance & Insurance

$2M in assets, 15 participants

Speer Financial, Inc.'s Speer Financial, Inc. Employee Stock Ownership Plan and Trust reported $2M in total assets and 15 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #1,753 in Finance & Insurance (8,869 peers)

Speer Financial, Inc. multi-year trail

Speer Financial, Inc.'s plans moved +21.7% in assets from 2022 to 2024; this filing shows Speer Financial, Inc. Employee Stock Ownership Plan and Trust at $2M / 15 participants.

#1,753
in Finance & Insurance (8,869 peers)
-4.7%
assets change YoY

The plan reported a net loss of $87K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Speer Financial, Inc. Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Speer Financial, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$1,793,545 29th percentile higher than 29% 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

Speer Financial, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Speer Financial, Inc. Employee Stock Ownership Plan and Trust is a small filing (15 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Speer Financial, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $125K in the plan year 2022 filing to -$87K in the plan year 2023 filing.
  • Speer Financial, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 14 in the plan year 2022 filing to 15 in the plan year 2023 filing.
  • Speer Financial, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 362515109 · Speer Financial, Inc. PY 2023 · ESOP

Speer Financial, Inc. Employee Stock Ownership Plan and Trust · $2M · 15 · 29th

  • IND $2M
  • IND 15
  • IND 29th
  • IND ESOP
  • IND near Mgc, Inc. Employee Stock Ownership Plan
  • IND ind #1753

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 →

Speer Financial, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Mgc, Inc. Employee Stock Ownership PlanMgc, Inc. Employee Stock Own…$2MCollege Pharmacy, Incorporated Employee Stock Ownership PlanCollege Pharmacy, Incorporat…$2MSpeer Financial, Inc. Employee Stock Ownership Plan and TrustSpeer Financial, Inc. Employ…$2MFhcer Employee Stock Ownership PlanFhcer Employee Stock Ownersh…$2MShoemaker & Haaland Employees' Stock Ownership PlanShoemaker & Haaland Employee…$2M
End-of-year total assets ($M) among Speer Financial, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Speer Financial, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Speer Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 21.678045663836436% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M$7M 202220232024 $5.3M $6.45M ▲ +21.7%
Year Plans Participants Total Assets
2022 2 28 $5M
2023 2 30 $6M
2024 2 27 $6M

Speer Financial, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$87K
Employer EIN362515109
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Speer Financial, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Speer Financial, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.001793545 · Participants: 15Speer Financial, Inc. Employee Stock Ownership Plan and TrustAmsted 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
Speer Financial, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Speer Financial, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Speer Financial, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Illinois, the nearest ESOP by assets is Mgc, Inc. Employee Stock Ownership Plan in TX ($2M); by covered participants it is R-Keough Construction, Inc. Employee Stock Ownership Plan in RI (15 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (15 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 Speer Financial, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Speer Financial, Inc. Employee Stock Ownership Plan and Trust edged down modestly - down 4.7% during 2023, from $2M to $2M. Reported net income was -$87K.
How have Speer Financial, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Speer Financial, Inc.'s sponsor-wide assets grew 21.7%, from $5M to $6M.
Which ESOP plans are similar in size to Speer Financial, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Mgc, Inc. Employee Stock Ownership Plan in TX ($2M, 131 participants).
Which ESOP plans cover a similar participant headcount to Speer Financial, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is R-Keough Construction, Inc. Employee Stock Ownership Plan in RI (15 participants, $2M 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 362515109.

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.