ESOP · DOL Form 5500 · 2023

Ag-Express Electronics, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
141
Participants Small participant base
67th
Percentile by assets National rank
$103,086
Avg per participant Below avg balance/head
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Official DOL plan name: Ag-Express Electronics Employee Stock Ownership Plan and Trust · Sponsored by Ag-Express Electronics, Inc. · Iowa · Manufacturing

$15M in assets, 141 participants

Ag-Express Electronics, Inc.'s Ag-Express Electronics Employee Stock Ownership Plan and Trust reported $15M in total assets and 141 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #10,270 in Manufacturing (18,722 peers)

Coverage in Iowa

Ag-Express Electronics Employee Stock Ownership Plan and Trust covers 141 participants in Iowa, about 23% of the average Iowa filer (state average ~609 per filing). Assets: $15M.

#10,270
in Manufacturing (18,722 peers)
-18.4%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ag-Express Electronics Employee Stock Ownership Plan and Trust's outsized position by total assets

Ag-Express Electronics Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$14,535,081 Top 33% higher than 67% 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

Ag-Express Electronics Employee Stock Ownership Plan and Trust 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. Ag-Express Electronics Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (141 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ag-Express Electronics Employee Stock Ownership Plan and Trust reported net income fell from $961K in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Ag-Express Electronics Employee Stock Ownership Plan and Trust end-of-year assets fell from $18M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Ag-Express Electronics Employee Stock Ownership Plan and Trust reported participants rose from 123 in the plan year 2022 filing to 141 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 421377440 · Ag-Express Electronics, Inc. PY 2023 · ESOP

Ag-Express Electronics Employee Stock Ownership Plan and Trust · $15M · 141 · 67th

  • VS-ST $15M
  • BOY 141
  • SCH 67th
  • EBSA ESOP
  • PART near L&s Construction, Inc. Employee Stock Ownership Plan
  • TYPE ind #10270

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 →

Ag-Express Electronics Employee Stock Ownership Plan and Trust in the asset neighbourhood

Watts Engineering Sales, Inc. Employee Stock Ownership PlanWatts Engineering Sales, Inc…$15MAg-Express Electronics Employee Stock Ownership Plan and TrustAg-Express Electronics Emplo…$15MMbog Acquisition, Inc. Employee Stock Ownership PlanMbog Acquisition, Inc. Emplo…$15ML&s Construction, Inc. Employee Stock Ownership PlanL&s Construction, Inc. Emplo…$15MSymmes Maini & Mckee Associates, Inc. Employee Stock Ownership PlanSymmes Maini & Mckee Associa…$15M
End-of-year total assets ($M) among Ag-Express Electronics Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$10M
Net Income-$4M
Employer EIN421377440
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ag-Express Electronics, Inc.)

Sponsor-wide plan assets over time

All Ag-Express Electronics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 66.20105564971914% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $24.7M $8.36M ▼ -66.2%
Year Plans Participants Total Assets
2022 2 244 $25M
2023 2 266 $23M
2024 1 171 $8M

Nearby ESOP Plans in Iowa

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

Ag-Express Electronics Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050010001500 -20002004006008001000 Total assets ($M) Participants Ag-Express Electronics Employee Stock Ownership Plan and Trust, Total assets ($M): 14.535081 · Participants: 141Ag-Express Electronics Employee Stock Ownership Plan and TrustEmployee 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
Ag-Express Electronics Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Ag-Express Electronics Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Ag-Express Electronics Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Iowa, the nearest ESOP by assets is L&s Construction, Inc. Employee Stock Ownership Plan in CA ($15M); by covered participants it is Uma Enterprises Employee Stock Ownership Plan in CA (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 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 Ag-Express Electronics Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Ag-Express Electronics Employee Stock Ownership Plan and Trust declined sharply - down 18.4% during 2023, from $18M to $15M. Reported net income was -$4M.
How have Ag-Express Electronics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ag-Express Electronics, Inc.'s sponsor-wide assets declined 66.2%, from $25M to $8M.
Which ESOP plans are similar in size to Ag-Express Electronics Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is L&s Construction, Inc. Employee Stock Ownership Plan in CA ($15M, 78 participants).
Which ESOP plans cover a similar participant headcount to Ag-Express Electronics Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Uma Enterprises Employee Stock Ownership Plan in CA (141 participants, $152K 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 421377440.

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.