ESOP · DOL Form 5500 · 2024

Improve Group, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
28
Participants Small participant base
35th
Percentile by assets National rank
$117,205
Avg per participant Below avg balance/head
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Official DOL plan name: Improve Group, Inc. Employee Stock Ownership Plan · Sponsored by Improve Group, Inc. · New Mexico · Wholesale Trade

$3M in assets, 28 participants

Improve Group, Inc.'s Improve Group, Inc. Employee Stock Ownership Plan reported $3M in total assets and 28 participants in its 2024 DOL Form 5500 filing, ranking in the 35th 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.

  • #1,479 in Wholesale Trade (6,080 peers)

2024 asset change

Improve Group, Inc. Employee Stock Ownership Plan declined sharply 29.2% in 2024 ($5M → $3M) for 28 participants.

#1,479
in Wholesale Trade (6,080 peers)
-29.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Improve Group, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

Improve Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$3,281,741 35th percentile higher than 35% 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

Improve Group, Inc. 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. Improve Group, Inc. Employee Stock Ownership Plan is a small filing (28 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Improve Group, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Improve Group, Inc. Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Improve Group, Inc. Employee Stock Ownership Plan reported participants fell from 34 in the plan year 2023 filing to 28 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 840715545 · Improve Group, Inc. PY 2024 · ESOP

Improve Group, Inc. Employee Stock Ownership Plan · $3M · 28 · 35th

  • RANK $3M
  • RANK 28
  • RANK 35th
  • RANK ESOP
  • RANK near T&w Enterprises Corporation Employee Stock Ownership Plan and Trust
  • RANK ind #1479

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 New Mexico →

Improve Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Systems Connection of Maryland, Inc. Employee Stock Ownership PlanSystems Connection of Maryla…$3MImprove Group, Inc. Employee Stock Ownership PlanImprove Group, Inc. Employee…$3MT&w Enterprises Corporation Employee Stock Ownership Plan and TrustT&w Enterprises Corporation …$3MSpectrum Comm, Inc. Employee Stock Ownership PlanSpectrum Comm, Inc. Employee…$3MDavinci Employee Stock Ownership PlanDavinci Employee Stock Owner…$3M
End-of-year total assets ($M) among Improve Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Improve Group, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Improve Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 4.781964826316373% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.45M $3.28M ▼ -4.9%
Year Plans Participants Total Assets
2022 1 34 $3M
2023 1 34 $5M
2024 1 28 $3M

2024 asset-move particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$2M
Net Income-$1M
Employer EIN840715545
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in New Mexico

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

Improve Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -2000200400600800 Total assets ($M) Participants Improve Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 3.281741 · Participants: 28Improve Group, Inc. Employee Stock Ownership PlanEmployee Stock Ownership Plan of Applied Research Associates, Inc., Total assets ($M): 610.607866 · Participants: 2198Employee Stock Ownership Plan of Applied Research Associates, Inc.Ppic Employee Stock Ownership Plan, Total assets ($M): 49.01038 · Participants: 111Ppic Employee Stock Ownership PlanCommerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan, Total assets ($M): 27.569071 · Participants: 18Commerce Bancshares of Roswell, Inc. Employee Stock Ownership PlanCitizens Bank Employee Stock Ownership and Retirement Savings Plan, Total assets ($M): 23.962536 · Participants: 90Citizens Bank Employee Stock Ownership and Retirement Savings PlanJack B. Henderson Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 21.609312 · Participants: 118Jack B. Henderson Construction Company, Inc. Employee Stock Ownership Plan
Improve Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants
Compare Improve Group, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New Mexico, the nearest ESOP by assets is T&w Enterprises Corporation Employee Stock Ownership Plan and Trust in KY ($3M); by covered participants it is Asu Group Employee Stock Ownership Plan in MI (28 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (28 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 Improve Group, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Improve Group, Inc. Employee Stock Ownership Plan declined sharply - down 29.2% during 2024, from $5M to $3M. Reported net income was -$1M.
How have Improve Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Improve Group, Inc.'s sponsor-wide assets declined 4.8%, from $3M to $3M.
Which ESOP plans are similar in size to Improve Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is T&w Enterprises Corporation Employee Stock Ownership Plan and Trust in KY ($3M, 103 participants).
Which ESOP plans cover a similar participant headcount to Improve Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Asu Group Employee Stock Ownership Plan in MI (28 participants, $4M 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 840715545.

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.