ESOP · DOL Form 5500 · 2023

American Business Forms, Inc. ESOP

Data updated 2026-08-25

$39M
Total assets Below avg plan size
1,015
Participants Near avg headcount
83rd
Percentile by assets National rank
$38,558
Avg per participant Low balance/head
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Official DOL plan name: American Solutions for Business Employee Stock Ownership Plan · Sponsored by American Business Forms, Inc. · Minnesota · Retail Trade

$39M in assets, 1,015 participants

American Business Forms, Inc.'s American Solutions for Business Employee Stock Ownership Plan reported $39M in total assets and 1,015 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,587 in Retail Trade (8,414 peers)

Where American Solutions for Business Employee Stock Ownership Plan sits by assets

American Solutions for Business Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $39M for 1,015 participants (~$38,558/participant), up 22.3% in 2023.

#7,587
in Retail Trade (8,414 peers)
+22.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

American Solutions for Business Employee Stock Ownership Plan's outsized position by total assets

American Solutions for Business Employee Stock Ownership Plan vs every filed plan by assets

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

$39,136,139 Top 17% higher than 83% 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

American Solutions for Business Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Solutions for Business Employee Stock Ownership Plan lands in the large band (1,015 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Solutions for Business Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • American Solutions for Business Employee Stock Ownership Plan end-of-year assets rose from $32M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • American Solutions for Business Employee Stock Ownership Plan reported participants rose from 1,002 in the plan year 2022 filing to 1,015 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411393684 · American Business Forms, Inc. PY 2023 · ESOP

American Solutions for Business Employee Stock Ownership Plan · $39M · 1,015 · 83rd

  • PHOTO $39M
  • IND 1,015
  • EOY 83rd
  • 5500 ESOP
  • ASSETS near Iowa Plains Signing, Inc. Employee Stock Ownership Plan and Trust
  • PCT ind #7587

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 →

American Solutions for Business Employee Stock Ownership Plan in the asset neighbourhood

Allied Exhaust Systems, Inc. Employee Stock Ownership PlanAllied Exhaust Systems, Inc.…$39MAmerican Solutions for Business Employee Stock Ownership PlanAmerican Solutions for Busin…$39MIowa Plains Signing, Inc. Employee Stock Ownership Plan and TrustIowa Plains Signing, Inc. Em…$39MHydraulic Controls, Inc. Employee Stock Ownership PlanHydraulic Controls, Inc. Emp…$39MCentral Employees Stock Ownership Plan and TrustCentral Employees Stock Owne…$39M
End-of-year total assets ($M) among American Solutions for Business Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$39M
Net Income$7M
Employer EIN411393684
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Business Forms, Inc.)

Sponsor-wide plan assets over time

All American Business Forms, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$100M 40.38618612993378% vs 2022
2024 filing year
$60M$70M$80M$90M$100M$110M 202220232024 $71.3M $100M ▲ +40.4%
Year Plans Participants Total Assets
2022 2 1,996 $71M
2023 2 2,004 $88M
2024 2 2,040 $100M

Nearby ESOP Plans in Minnesota

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

American Solutions for Business Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants American Solutions for Business Employee Stock Ownership Plan, Total assets ($M): 39.136139 · Participants: 1015American Solutions for Business Employee Stock Ownership PlanAndersen 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
American Solutions for Business Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare American Solutions for Business Employee Stock Ownership Plan side-by-side with 3 peers →

American Solutions for Business Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Iowa Plains Signing, Inc. Employee Stock Ownership Plan and Trust in IA ($39M); by covered participants it is Pennoni Associates Inc. Employee Stock Ownership Plan in PA (1,015 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,015 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 American Solutions for Business Employee Stock Ownership Plan assets move in 2023? ▼
American Solutions for Business Employee Stock Ownership Plan grew sharply - up 22.3% during 2023, from $32M to $39M. Reported net income was $7M.
How have American Business Forms, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Business Forms, Inc.'s sponsor-wide assets grew 40.4%, from $71M to $100M.
Where does American Solutions for Business Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
American Solutions for Business Employee Stock Ownership Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to American Solutions for Business Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Iowa Plains Signing, Inc. Employee Stock Ownership Plan and Trust in IA ($39M, 120 participants).
Which ESOP plans cover a similar participant headcount to American Solutions for Business Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Pennoni Associates Inc. Employee Stock Ownership Plan in PA (1,015 participants, $100M 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 411393684.

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.