ESOP · DOL Form 5500 · 2023

Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
50
Participants Small participant base
33rd
Percentile by assets National rank
$48,424
Avg per participant Low balance/head
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Official DOL plan name: Aquila Employee Stock Ownership Plan · Sponsored by Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila · New Mexico · Professional & Technical Services

$2M in assets, 50 participants

Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila's Aquila Employee Stock Ownership Plan reported $2M in total assets and 50 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #5,916 in Professional & Technical Services (20,321 peers)

2023 asset change

Aquila Employee Stock Ownership Plan pulled back noticeably 14.2% in 2023 ($3M → $2M) for 50 participants.

#5,916
in Professional & Technical Services (20,321 peers)
-14.2%
assets change YoY

The plan reported a net loss of $141K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Aquila Employee Stock Ownership Plan among the smaller filed plans by assets

Aquila Employee Stock Ownership Plan vs every filed plan by assets

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

$2,421,212 33rd percentile higher than 33% 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

Aquila Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Aquila Employee Stock Ownership Plan is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aquila Employee Stock Ownership Plan reported net income fell from -$50K in the plan year 2022 filing to -$141K in the plan year 2023 filing.
  • Aquila Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Aquila Employee Stock Ownership Plan reported participants rose from 45 in the plan year 2022 filing to 50 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 990256665 · Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila PY 2023 · ESOP

Aquila Employee Stock Ownership Plan · $2M · 50 · 33rd

  • PCT $2M
  • EIN 50
  • RANK 33rd
  • PHOTO ESOP
  • IND near Malvern Bancorp, Inc. Employee Stock Ownership Plan
  • EOY ind #5916

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 New Mexico →

Aquila Employee Stock Ownership Plan in the asset neighbourhood

Aquila Employee Stock Ownership PlanAquila Employee Stock Owners…$2MMalvern Bancorp, Inc. Employee Stock Ownership PlanMalvern Bancorp, Inc. Employ…$2MMarvin George Builders, Inc. Employee Stock Ownership PlanMarvin George Builders, Inc.…$2MGuthrie County Bancshares, Inc. Employee Stock Ownership PlanGuthrie County Bancshares, I…$2MManhattan Mechanical Services Employee Stock Ownership PlanManhattan Mechanical Service…$2M
End-of-year total assets ($M) among Aquila Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila years around the 2023 move

Sponsor-wide plan assets over time

All Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila plans reported in each filing year

Latest sponsor-wide plan assets
$3M 2.4030937944717% vs 2022
2024 filing year
$2.2M$2.4M$2.6M$2.8M$3M 202220232024 $2.82M $2.89M ▲ +2.5%
Year Plans Participants Total Assets
2022 1 45 $3M
2023 1 50 $2M
2024 1 47 $3M

2023 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$640K
Net Income-$141K
Employer EIN990256665
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Mexico

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

Aquila Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -2000200400600800 Total assets ($M) Participants Aquila Employee Stock Ownership Plan, Total assets ($M): 2.421212 · Participants: 50Aquila Employee Stock Ownership PlanEmployee Stock Ownership Plan of Applied Research Associates, Inc., Total assets ($M): 605.825813 · Participants: 1981Employee Stock Ownership Plan of Applied Research Associates, Inc.Ppic Employee Stock Ownership Plan, Total assets ($M): 58.69174 · Participants: 107Ppic Employee Stock Ownership PlanAzurite Professional Community Employee Stock Ownership Plan, Total assets ($M): 23.538133 · Participants: 259Azurite Professional Community Employee Stock Ownership PlanCitizens Bank Employee Stock Ownership and Retirement Savings Plan, Total assets ($M): 21.320873 · Participants: 101Citizens Bank Employee Stock Ownership and Retirement Savings PlanCommerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan, Total assets ($M): 18.971857 · Participants: 14Commerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan
Aquila Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants
Compare Aquila Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New Mexico, the nearest ESOP by assets is Malvern Bancorp, Inc. Employee Stock Ownership Plan in PA ($2M); by covered participants it is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 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 Aquila Employee Stock Ownership Plan assets move in 2023? ▼
Aquila Employee Stock Ownership Plan pulled back noticeably - down 14.2% during 2023, from $3M to $2M. Reported net income was -$141K.
How have Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Yamasato, Fujiwara, Higa & Associates, Inc. Dba Aquila's sponsor-wide assets grew 2.4%, from $3M to $3M.
Which ESOP plans are similar in size to Aquila Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Malvern Bancorp, Inc. Employee Stock Ownership Plan in PA ($2M, 51 participants).
Which ESOP plans cover a similar participant headcount to Aquila Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants, $5M 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 990256665.

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.