ESOP · DOL Form 5500 · 2024

Averest, Inc. ESOP

Data updated 2026-08-25

$27M
Total assets Below avg plan size
23
Participants Small participant base
76th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
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Official DOL plan name: Averest, Incorporated Employee Stock Ownership Plan · Sponsored by Averest, Inc. · Georgia · Wholesale Trade

$27M in assets, 23 participants

Averest, Inc.'s Averest, Incorporated Employee Stock Ownership Plan reported $27M in total assets and 23 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #4,464 in Wholesale Trade (6,080 peers)

Where Averest, Incorporated Employee Stock Ownership Plan sits by assets

Averest, Incorporated Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $27M for 23 participants (~$1.2M/participant), up 38.0% in 2024.

#4,464
in Wholesale Trade (6,080 peers)
+38.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Averest, Incorporated Employee Stock Ownership Plan's outsized position by total assets

Averest, Incorporated Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$26,934,000 Top 24% higher than 76% of 123,620 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 2024

Averest, Incorporated Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Averest, Incorporated Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Averest, Incorporated Employee Stock Ownership Plan reported participants rose from 15 in the plan year 2023 filing to 23 in the plan year 2024 filing.
  • Averest, Incorporated Employee Stock Ownership Plan reported net income fell from $16M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Averest, Incorporated Employee Stock Ownership Plan end-of-year assets rose from $20M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 113719699 · Averest, Inc. PY 2024 · ESOP

Averest, Incorporated Employee Stock Ownership Plan · $27M · 23 · 76th

  • EOY $27M
  • 5500 23
  • ASSETS 76th
  • PCT ESOP
  • EIN near Wenthe-Davidson Engineering Co. Employee Stock Ownership Plan
  • RANK ind #4464

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 Georgia →

Averest, Incorporated Employee Stock Ownership Plan in the asset neighbourhood

Wenthe-Davidson Engineering Co. Employee Stock Ownership PlanWenthe-Davidson Engineering …$27MAverest, Incorporated Employee Stock Ownership PlanAverest, Incorporated Employ…$27MInternational Decorators, Inc. Employee Stock Ownership PlanInternational Decorators, In…$27MLodor Enterprises, Inc. Employee Stock Ownership PlanLodor Enterprises, Inc. Empl…$27MMystic Stamp Company Inc. Employee Stock Ownership PlanMystic Stamp Company Inc. Em…$27M
End-of-year total assets ($M) among Averest, Incorporated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$24M
Net Income$7M
Employer EIN113719699
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Averest, Inc.)

Sponsor-wide plan assets over time

All Averest, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 543.7678993720073% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $4.18M $26.9M ▲ +544.3%
Year Plans Participants Total Assets
2022 1 12 $4M
2023 1 15 $20M
2024 1 23 $27M

Nearby ESOP Plans in Georgia

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

Averest, Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Averest, Incorporated Employee Stock Ownership Plan, Total assets ($M): 26.934 · Participants: 23Averest, Incorporated Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 548.082498 · Participants: 494Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Averest, Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Averest, Incorporated Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Georgia, the nearest ESOP by assets is Wenthe-Davidson Engineering Co. Employee Stock Ownership Plan in WI ($27M); by covered participants it is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Averest, Incorporated Employee Stock Ownership Plan assets move in 2024? ▼
Averest, Incorporated Employee Stock Ownership Plan surged - up 38.0% during 2024, from $20M to $27M. Reported net income was $7M.
How have Averest, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Averest, Inc.'s sponsor-wide assets grew 543.8%, from $4M to $27M.
Where does Averest, Incorporated Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Averest, Incorporated Employee Stock Ownership Plan ranks in the 76th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Averest, Incorporated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Wenthe-Davidson Engineering Co. Employee Stock Ownership Plan in WI ($27M, 198 participants).
Which ESOP plans cover a similar participant headcount to Averest, Incorporated Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Valley Premier Bank Employee Stock Ownership Plan & Trust in MN (23 participants, $11M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 113719699.

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.