ESOP · DOL Form 5500 · 2024

American Systems Corporation ESOP

Data updated 2026-08-25

$339M
Total assets Above avg plan size
1,759
Participants Near avg headcount
96th
Percentile by assets National rank
$192,457
Avg per participant Above avg balance/head
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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.

  • #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.

#19,600
in Professional & Technical Services (20,173 peers)
+2.2%
assets growth YoY
3.4×
vs typical plan assets (national mean)

American Systems Corporation Employee Stock Ownership Plan's outsized position 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 $2,050,000,000 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 Systems Corporation Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. American Systems Corporation Employee Stock Ownership Plan lands in the large band (1,759 participants).

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 →

Published 5500 schedule card

Filing strip 540962497 · American Systems Corporation PY 2024 · ESOP

American Systems Corporation Employee Stock Ownership Plan · $339M · 1,759 · 96th

  • IND $339M
  • IND 1,759
  • IND 96th
  • IND ESOP
  • IND near Verde Holdings, Inc. Employee Stock Ownership Plan
  • IND ind #19600

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 Virginia →

American Systems Corporation Employee Stock Ownership Plan in the asset neighbourhood

Trinidad Benham Corp. Employee Stock Ownership PlanTrinidad Benham Corp. Employ…$341MAmerican Systems Corporation Employee Stock Ownership PlanAmerican Systems Corporation…$339MVerde Holdings, Inc. Employee Stock Ownership PlanVerde Holdings, Inc. Employe…$336MWausau Supply Company Employee Stock Ownership PlanWausau Supply Company Employ…$333MStellar Industries, Inc. Employee Stock Ownership PlanStellar Industries, Inc. Emp…$331M
End-of-year total assets ($M) among American Systems Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All American Systems Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$571M 21.43338363685412% vs 2022
2024 filing year
$450M$500M$550M$600M 202220232024 $470M $571M ▲ +21.4%
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 ($B) Participants American Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.338531143 · Participants: 1759American Systems Corporation Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership Plan
American Systems Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

American Systems Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Verde Holdings, Inc. Employee Stock Ownership Plan in TX ($336M); by covered participants it is Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan in GA (1,745 participants). Same-state nearby plans are listed separately above.

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 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).
Which ESOP plans cover a similar participant headcount to American Systems Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan in GA (1,745 participants, $681M in assets).