ESOP · DOL Form 5500 · 2023

Abrasives Incorporated ESOP

Data updated 2026-08-25

$20M
Total assets Small plan by assets
48
Participants Small participant base
72nd
Percentile by assets National rank
$409,863
Avg per participant High balance/head
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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.

  • #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.

#434
in Mining & Oil Extraction (811 peers)
+32.1%
assets growth YoY

Abrasives Incorporated Employee Stock Ownership Plan's outsized position 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

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

Abrasives Incorporated 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. Abrasives Incorporated Employee Stock Ownership Plan is a small filing (48 participants) on this national headcount ladder.

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 450416381 · Abrasives Incorporated PY 2023 · ESOP

Abrasives Incorporated Employee Stock Ownership Plan · $20M · 48 · 72nd

  • RANK $20M
  • RANK 48
  • RANK 72nd
  • RANK ESOP
  • RANK near New Harbinger Publications Employee Stock Ownership Plan
  • RANK ind #434

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 North Dakota →

Abrasives Incorporated Employee Stock Ownership Plan in the asset neighbourhood

Rhodes Development Group, Inc. Employee Stock Ownership PlanRhodes Development Group, In…$20MNew Harbinger Publications Employee Stock Ownership PlanNew Harbinger Publications E…$20MAbrasives Incorporated Employee Stock Ownership PlanAbrasives Incorporated Emplo…$20MMulcahy Company, Inc. Employee Stock Ownership Plan and TrustMulcahy Company, Inc. Employ…$20MPioneer Technical Services, Inc. Employee Stock Ownership Plan and TrustPioneer Technical Services, …$20M
End-of-year total assets ($M) among Abrasives Incorporated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Abrasives Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All Abrasives Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$24M 58.27974967994851% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $14.9M $23.6M ▲ +58.3%
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 EIN450416381
Plan Effective Date2010-07-01
Filing StatusFILING 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 Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Abrasives Incorporated Employee Stock Ownership Plan, Total assets ($B): 0.019673435 · Participants: 48Abrasives Incorporated Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.176759361 · Participants: 2973Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.837710398 · Participants: 4597Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229795263 · Participants: 767Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.158672448 · Participants: 901Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.086685795 · Participants: 90Frontier Precision, Inc Employee Stock Ownership Plan
Abrasives Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Abrasives Incorporated Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Dakota, the nearest ESOP by assets is New Harbinger Publications Employee Stock Ownership Plan in CA ($20M); by covered participants it is Chouteau Hospitality Group, Inc. Employee Stock Ownership Plan in MO (48 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (48 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 Abrasives Incorporated Employee Stock Ownership Plan assets move in 2023? ▼
Abrasives Incorporated Employee Stock Ownership Plan surged - up 32.1% during 2023, from $15M to $20M. Reported net income was $5M.
How have Abrasives Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Abrasives Incorporated's sponsor-wide assets grew 58.3%, from $15M to $24M.
Which ESOP plans are similar in size to Abrasives Incorporated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is New Harbinger Publications Employee Stock Ownership Plan in CA ($20M, 62 participants).
Which ESOP plans cover a similar participant headcount to Abrasives Incorporated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Chouteau Hospitality Group, Inc. Employee Stock Ownership Plan in MO (48 participants, N/A 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 450416381.

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.