ESOP · DOL Form 5500 · 2023

American Equity Investment ESOP

Data updated 2026-08-25

$52M
Total assets Below avg plan size
726
Participants Near avg headcount
86th
Percentile by assets National rank
$71,413
Avg per participant Below avg balance/head
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Official DOL plan name: American Equity Investment Employee Stock Ownership Plan · Sponsored by American Equity Investment · Iowa · Finance & Insurance

$52M in assets, 726 participants

American Equity Investment's American Equity Investment Employee Stock Ownership Plan reported $52M in total assets and 726 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #6,948 in Finance & Insurance (8,869 peers)

Where American Equity Investment Employee Stock Ownership Plan sits by assets

American Equity Investment Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $52M for 726 participants (~$71,413/participant), up 19.1% in 2023.

#6,948
in Finance & Insurance (8,869 peers)
+19.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

American Equity Investment Employee Stock Ownership Plan's outsized position by total assets

American Equity Investment Employee Stock Ownership Plan vs every filed plan by assets

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

$51,845,621 Top 14% higher than 86% 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

American Equity Investment 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. American Equity Investment Employee Stock Ownership Plan sits mid-pack in the medium band (726 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Equity Investment Employee Stock Ownership Plan end-of-year assets rose from $44M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • American Equity Investment Employee Stock Ownership Plan reported net income rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • American Equity Investment Employee Stock Ownership Plan reported participants rose from 684 in the plan year 2022 filing to 726 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 421447959 · American Equity Investment PY 2023 · ESOP

American Equity Investment Employee Stock Ownership Plan · $52M · 726 · 86th

  • IND $52M
  • EOY 726
  • 5500 86th
  • ASSETS ESOP
  • PCT near The Original Mattress Factory Employee Stock Ownership Plan
  • EIN ind #6948

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 Iowa →

American Equity Investment Employee Stock Ownership Plan in the asset neighbourhood

The Original Mattress Factory Employee Stock Ownership PlanThe Original Mattress Factor…$52MAmerican Equity Investment Employee Stock Ownership PlanAmerican Equity Investment E…$52MConcrete Supply Co. Inc. Employee Stock Ownership PlanConcrete Supply Co. Inc. Emp…$52MLockheed Martin Corporation Basic Benefit Plan for Hourly EmployeesLockheed Martin Corporation …$52MFishback Financial Corporation Employee Stock Ownership PlanFishback Financial Corporati…$52M
End-of-year total assets ($M) among American Equity Investment Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$52M
Net Income$8M
Employer EIN421447959
Plan Effective Date2007-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Equity Investment)

Sponsor-wide plan assets over time

All American Equity Investment plans reported in each filing year

Latest sponsor-wide plan assets
$153M 36.9981444332311% vs 2022
2024 filing year
$100M$120M$140M$160M 202220232024 $112M $153M ▲ +37.0%
Year Plans Participants Total Assets
2022 2 1,492 $112M
2023 3 2,387 $139M
2024 1 987 $153M

Nearby ESOP Plans in Iowa

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

American Equity Investment Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 60070080090010001100 02004006008001000 Total assets ($M) Participants American Equity Investment Employee Stock Ownership Plan, Total assets ($M): 51.845621 · Participants: 726American Equity Investment Employee Stock Ownership PlanEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership Plan
American Equity Investment Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
Compare American Equity Investment Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest ESOP by assets is The Original Mattress Factory Employee Stock Ownership Plan in OH ($52M); by covered participants it is Wilson Electric Services Corp. Employee Stock Ownership Plan in AZ (726 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (726 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 American Equity Investment Employee Stock Ownership Plan assets move in 2023? ▼
American Equity Investment Employee Stock Ownership Plan grew sharply - up 19.1% during 2023, from $44M to $52M. Reported net income was $8M.
How have American Equity Investment plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Equity Investment's sponsor-wide assets grew 37.0%, from $112M to $153M.
Where does American Equity Investment Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
American Equity Investment Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to American Equity Investment Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Original Mattress Factory Employee Stock Ownership Plan in OH ($52M, 311 participants).
Which ESOP plans cover a similar participant headcount to American Equity Investment Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Wilson Electric Services Corp. Employee Stock Ownership Plan in AZ (726 participants, $167M 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 421447959.

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.