ESOP · DOL Form 5500 · 2023
Abrasives Incorporated ESOP
Data updated 2026-08-11
- $20M
- Total assets
- 48
- Participants
- 72nd
- Percentile by assets
- $409,863
- Avg per participant
Official DOL plan name: Abrasives Incorporated Employee Stock Ownership Plan · Sponsored by Abrasives Incorporated · North Dakota · Mining & Oil Extraction
$20M in assets, 48 participants
Abrasives Incorporated's Abrasives Incorporated Employee Stock Ownership Plan reported $20M in total assets and 48 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.
- 72nd percentile by assets (of 127,072 plans)
- #434 in Mining & Oil Extraction (811 peers)
Abrasives Incorporated multi-year trail
Abrasives Incorporated's plans moved +58.3% in assets from 2022 to 2024; this filing shows Abrasives Incorporated Employee Stock Ownership Plan at $20M / 48 participants.
- $20M
- total plan assets (2023 EOY)
- 48
- covered participants
- 72nd
- percentile by assets (of 127,072 plans)
- $409,863
- avg assets per participant
Where Abrasives Incorporated Employee Stock Ownership Plan sits by total assets
Abrasives Incorporated Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$19,673,435 Top 28% higher than 72% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Abrasives Incorporated Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Abrasives Incorporated Employee Stock Ownership Plan reported participants rose from 25 in the plan year 2022 filing to 48 in the plan year 2023 filing.
- Abrasives Incorporated Employee Stock Ownership Plan end-of-year assets rose from $15M in the plan year 2022 filing to $20M in the plan year 2023 filing.
Abrasives Incorporated across 3 plan years on file
Across the 3 plan years Abrasives Incorporated has on file (2022-2024), sponsor-wide plan assets have moved from $15M to $24M, a gain of 58.3%, while reported participants moved from 25 to 47 (+88.0%). Peak year by sponsor assets: 2024 ($24M); trough: 2022 ($15M).
Abrasives Incorporated multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 25 | $15M |
| 2023 | 1 | 48 | $20M |
| 2024 | 1 | 47 | $24M |
Abrasives Incorporated filing trail (2023)
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $20M |
| Net Income | $5M |
| Employer EIN | 450416381 |
| Plan Effective Date | 2010-07-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
Abrasives Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
- Border States Industries, Inc. Employee Stock Ownership Plan $1.2B · 2,973
- Scheels Employee Stock Ownership Plan $838M · 4,597
- Dakota Supply Group, Inc. Employee Stock Ownership Plan $230M · 767
- Ulteig, Inc. Employee Stock Ownership Plan $159M · 901
- Frontier Precision, Inc Employee Stock Ownership Plan $87M · 90
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Abrasives Incorporated Employee Stock Ownership Plan by total assets, not by location.
- New Harbinger Publications Employee Stock Ownership Plan (CA) $20M · 62
- Mulcahy Company, Inc. Employee Stock Ownership Plan and Trust (MN) $20M · 56
- Rhodes Development Group, Inc. Employee Stock Ownership Plan (PA) $20M · 220
- Pioneer Technical Services, Inc. Employee Stock Ownership Plan and Trust (MT) $20M · 113
Frequently Asked Questions
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Multi-year trail
Ways to act on Abrasives Incorporated Employee Stock Ownership Plan's numbers.
- By total assets, Abrasives Incorporated Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in North Dakota. Compare plans
- Abrasives Incorporated's sponsor-wide assets have grown 58.3% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans