ESOP · DOL Form 5500 · 2024

American Systems Corporation ESOP

Data updated 2026-08-11

$339M
Total assets
1,759
Participants
96th
Percentile by assets
$192,457
Avg per participant
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Official DOL plan name: American Systems Corporation Employee Stock Ownership Plan · Sponsored by American Systems Corporation · Virginia · Professional & Technical Services

$339M in assets, 1,759 participants

American Systems Corporation's American Systems Corporation Employee Stock Ownership Plan reported $339M in total assets and 1,759 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #19,600 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

American Systems Corporation Employee Stock Ownership Plan covers 1,759 participants in Virginia, 2.2x the typical Virginia plan (state average ~782 per filing). Assets: $339M.

$339M
total plan assets (2024 EOY)
1,759
covered participants
96th
percentile by assets (of 123,622 plans)
$192,457
avg assets per participant

Where American Systems Corporation Employee Stock Ownership Plan sits by total assets

American Systems Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$338,531,143 Top 4% higher than 96% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • American Systems Corporation Employee Stock Ownership Plan reported net income fell from $40M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • American Systems Corporation Employee Stock Ownership Plan end-of-year assets rose from $331M in the plan year 2023 filing to $339M in the plan year 2024 filing.
  • American Systems Corporation Employee Stock Ownership Plan reported participants fell from 1,782 in the plan year 2023 filing to 1,759 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. American Systems Corporation Employee Stock Ownership Plan reports 1,759 participants - 2.2x that state average ($339M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$331M
Net Assets (End of Year)$339M
Net Income$7M
Employer EIN540962497
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Systems Corporation)

$450M$500M$550M$600M 202220232024 $470M $571M ▲ +21.4%
Total plan assets by year, all American Systems Corporation plans on file
Year Plans Participants Total Assets
2022 2 3,366 $470M
2023 2 3,266 $541M
2024 2 3,345 $571M

Nearby ESOP Plans in Virginia

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

American Systems Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants American Systems Cor…, Total assets ($B): 0.338531143 · Participants: 1759American Systems Cor…Nvr, Inc. Employee S…, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee S…Delta Star Employee …, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee …Modern Technology So…, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology So…The Resorts Companie…, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companie…New River Electrical…, Total assets ($B): 0.380000537 · Participants: 458New River Electrical…
American Systems Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to American Systems Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did American Systems Corporation Employee Stock Ownership Plan assets move in 2024?
American Systems Corporation Employee Stock Ownership Plan edged up modestly - up 2.2% during 2024, from $331M to $339M. Reported net income was $7M.
How have American Systems Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), American Systems Corporation's sponsor-wide assets grew 21.4%, from $470M to $571M.
Where does American Systems Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers?
American Systems Corporation Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to American Systems Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Verde Holdings, Inc. Employee Stock Ownership Plan in TX ($336M, 520 participants).

Next read for American Systems Corporation Employee St…

Filing takeaways

Ways to act on American Systems Corporation Employee Stock Ownership Plan's numbers.