ESOP · DOL Form 5500 · 2024

American Business Group, Inc. ESOP

Data updated 2026-08-25

$58M
Total assets Below avg plan size
81
Participants Small participant base
86th
Percentile by assets National rank
$716,667
Avg per participant High balance/head
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Official DOL plan name: American Business Group, Inc. Employee Stock Ownership Plan and Trust · Sponsored by American Business Group, Inc. · California · Construction

$58M in assets, 81 participants

American Business Group, Inc.'s American Business Group, Inc. Employee Stock Ownership Plan and Trust reported $58M in total assets and 81 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,580 in Construction (9,039 peers)

Where American Business Group, Inc. Employee Stock Ownership Plan and Trust sits by assets

American Business Group, Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $58M for 81 participants (~$716,667/participant), up 10.5% in 2024.

#7,580
in Construction (9,039 peers)
+10.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

American Business Group, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

American Business Group, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$58,050,039 Top 14% higher than 86% 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

American Business Group, Inc. Employee Stock Ownership Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Business Group, Inc. Employee Stock Ownership Plan and Trust is a small filing (81 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Business Group, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • American Business Group, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $53M in the plan year 2023 filing to $58M in the plan year 2024 filing.
  • American Business Group, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 83 in the plan year 2023 filing to 81 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 364665325 · American Business Group, Inc. PY 2024 · ESOP

American Business Group, Inc. Employee Stock Ownership Plan and Trust · $58M · 81 · 86th

  • ASSETS $58M
  • PCT 81
  • EIN 86th
  • RANK ESOP
  • PHOTO near Provident Bank Employee Stock Ownership Plan
  • IND ind #7580

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 California →

American Business Group, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Marathon Electrical Holdings, Inc. Employee Stock Ownership PlanMarathon Electrical Holdings…$58MProvident Bank Employee Stock Ownership PlanProvident Bank Employee Stoc…$58MAmerican Business Group, Inc. Employee Stock Ownership Plan and TrustAmerican Business Group, Inc…$58MCemen Tech Holdings, Inc. Employee Stock Ownership PlanCemen Tech Holdings, Inc. Em…$58MThe Suter Company, Inc. Employee Stock Ownership PlanThe Suter Company, Inc. Empl…$58M
End-of-year total assets ($M) among American Business Group, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$58M
Net Income$8M
Employer EIN364665325
Plan Effective Date2010-01-31
Filing StatusFILING RECEIVED

Sponsor Plan History (American Business Group, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$58M 22.14743890869911% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $47.5M $58.1M ▲ +22.2%
Year Plans Participants Total Assets
2022 1 90 $48M
2023 1 83 $53M
2024 1 81 $58M

Nearby ESOP Plans in California

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

American Business Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants American Business Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.058050039 · Participants: 81American Business Group, Inc. Employee Stock Ownership Plan and TrustParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
American Business Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in California, assets vs. participants
Compare American Business Group, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Provident Bank Employee Stock Ownership Plan in NJ ($58M); by covered participants it is Lovewell Fencing, Inc. Employee Stock Ownership Plan in IA (81 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (81 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 American Business Group, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼
American Business Group, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 10.5% during 2024, from $53M to $58M. Reported net income was $8M.
How have American Business Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), American Business Group, Inc.'s sponsor-wide assets grew 22.1%, from $48M to $58M.
Where does American Business Group, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
American Business Group, Inc. Employee Stock Ownership Plan and Trust ranks in the 86th 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 American Business Group, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Provident Bank Employee Stock Ownership Plan in NJ ($58M, 988 participants).
Which ESOP plans cover a similar participant headcount to American Business Group, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Lovewell Fencing, Inc. Employee Stock Ownership Plan in IA (81 participants, $8M 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 364665325.

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.