ESOP · DOL Form 5500 · 2023

Communications Systems, Inc. ESOP

Data updated 2026-08-25

$86K
Total assets Small plan by assets
61
Participants Small participant base
6th
Percentile by assets National rank
$1,408
Avg per participant Low balance/head
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Official DOL plan name: Communications Systems, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Communications Systems, Inc. · Minnesota · Information & Media

$86K in assets, 61 participants

Communications Systems, Inc.'s Communications Systems, Inc. Employee Stock Ownership Plan and Trust reported $86K in total assets and 61 participants in its 2023 DOL Form 5500 filing, ranking in the 6th 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.

  • #98 in Information & Media (2,818 peers)

Communications Systems, Inc. multi-year trail

Communications Systems, Inc.'s plans moved +24.7% in assets from 2022 to 2024; this filing shows Communications Systems, Inc. Employee Stock Ownership Plan and Trust at $86K / 61 participants.

#98
in Information & Media (2,818 peers)
-71.6%
assets change YoY

The plan reported a net loss of $216K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

Communications Systems, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$85,892 6th percentile higher than 6% 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

Communications Systems, 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. Communications Systems, Inc. Employee Stock Ownership Plan and Trust is a small filing (61 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Communications Systems, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to -$216K in the plan year 2023 filing.
  • Communications Systems, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $302K in the plan year 2022 filing to $86K in the plan year 2023 filing.
  • Communications Systems, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 40 in the plan year 2022 filing to 61 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410957999 · Communications Systems, Inc. PY 2023 · ESOP

Communications Systems, Inc. Employee Stock Ownership Plan and Trust · $86K · 61 · 6th

  • PHOTO $86K
  • IND 61
  • EOY 6th
  • 5500 ESOP
  • ASSETS near Advanced Manufacturing Group, Inc. Employee Stock Ownership Plan
  • PCT ind #98

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 Minnesota →

Communications Systems, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Communications Systems, Inc. Employee Stock Ownership Plan and TrustCommunications Systems, Inc.…$86KAdvanced Manufacturing Group, Inc. Employee Stock Ownership PlanAdvanced Manufacturing Group…$85KPostec, Inc. Employee Stock Ownership PlanPostec, Inc. Employee Stock …$87KAutomatic Handling International Employee Stock Ownership PlanAutomatic Handling Internati…$88KBland Solar & Air ESOP$83K
End-of-year total assets ($M) among Communications Systems, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Communications Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Communications Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 24.703191601940684% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $16.8M $20.9M ▲ +24.7%
Year Plans Participants Total Assets
2022 2 81 $17M
2023 2 164 $22M
2024 2 237 $21M

Communications Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)$302K
Net Assets (End of Year)$86K
Net Income-$216K
Employer EIN410957999
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Communications Systems, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Communications Systems, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 0.085892 · Participants: 61Communications Systems, Inc. Employee Stock Ownership Plan and TrustAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Communications Systems, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Communications Systems, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Advanced Manufacturing Group, Inc. Employee Stock Ownership Plan in OH ($85K); by covered participants it is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 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 Communications Systems, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Communications Systems, Inc. Employee Stock Ownership Plan and Trust contracted severely - down 71.6% during 2023, from $302K to $86K. Reported net income was -$216K.
How have Communications Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Communications Systems, Inc.'s sponsor-wide assets grew 24.7%, from $17M to $21M.
Where does Communications Systems, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Communications Systems, Inc. Employee Stock Ownership Plan and Trust ranks in the 6th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Communications Systems, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Advanced Manufacturing Group, Inc. Employee Stock Ownership Plan in OH ($85K, 121 participants).
Which ESOP plans cover a similar participant headcount to Communications Systems, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Employee Stock Ownership Plan for Employees of Perry Bancshares, Inc. in OK (61 participants, $4M 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 410957999.

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.