ESOP · DOL Form 5500 · 2023
American Equity Investment ESOP
Data updated 2026-08-11
- $52M
- Total assets
- 726
- Participants
- 86th
- Percentile by assets
- $71,413
- Avg per participant
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.
- 86th percentile by assets (of 127,072 plans)
- #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.
- $52M
- total plan assets (2023 EOY)
- 726
- covered participants
- 86th
- percentile by assets (of 127,072 plans)
- $71,413
- avg assets per participant
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.
American Equity Investment Employee Stock Ownership Plan vs the 2023 asset distribution
By assets, American Equity Investment Employee Stock Ownership Plan outranks 86% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $44M |
|---|---|
| Net Assets (End of Year) | $52M |
| Net Income | $8M |
| Employer EIN | 421447959 |
| Plan Effective Date | 2007-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (American Equity Investment)
| 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
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $864M · 802
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $596M · 801
- Precision, Inc. Employee Stock Ownership Plan and Trust $438M · 667
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $428M · 771
- Vgm Group, Inc. Employee Stock Ownership Plan $406M · 1,070
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to American Equity Investment Employee Stock Ownership Plan by total assets, not by location.
- The Original Mattress Factory Employee Stock Ownership Plan (OH) $52M · 311
- Concrete Supply Co. Inc. Employee Stock Ownership Plan (GA) $52M · 219
- Lockheed Martin Corporation Basic Benefit Plan for Hourly Employees (MD) $52M · 10,489
- Fishback Financial Corporation Employee Stock Ownership Plan (SD) $52M · 713
Frequently Asked Questions
How did American Equity Investment Employee Stock Ownership Plan assets move in 2023? ▼
How have American Equity Investment plan assets changed over time? ▼
Where does American Equity Investment Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
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Next read for American Equity Investment Employee Stoc…
Scale reading
Ways to act on American Equity Investment Employee Stock Ownership Plan's numbers.
- By total assets, American Equity Investment Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- American Equity Investment's sponsor-wide assets have grown 37.0% since 2022 across 3 plan years on file. More Finance & Insurance plans