ESOP · DOL Form 5500 · 2024

Absolute Machine Tools, Inc. ESOP

Data updated 2026-08-25

$4M
Total assets Small plan by assets
49
Participants Small participant base
39th
Percentile by assets National rank
$84,802
Avg per participant Below avg balance/head
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Official DOL plan name: Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Absolute Machine Tools, Inc. · Ohio · Wholesale Trade

$4M in assets, 49 participants

Absolute Machine Tools, Inc.'s Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust reported $4M in total assets and 49 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.

  • #1,727 in Wholesale Trade (6,080 peers)

Absolute Machine Tools, Inc. multi-year trail

Absolute Machine Tools, Inc.'s plans moved -25.9% in assets from 2022 to 2024; this filing shows Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust at $4M / 49 participants.

#1,727
in Wholesale Trade (6,080 peers)
-23.3%
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.

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust's mid-pack asset rank among Wholesale Trade and all filers

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$4,155,278 39th percentile higher than 39% 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

Absolute Machine Tools, 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. Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust is a small filing (49 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust reported net income fell from -$2K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 53 in the plan year 2023 filing to 49 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 341602413 · Absolute Machine Tools, Inc. PY 2024 · ESOP

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust · $4M · 49 · 39th

  • 5500 $4M
  • 5500 49
  • 5500 39th
  • 5500 ESOP
  • 5500 near Desert Structures Employee Stock Ownership Plan
  • 5500 ind #1727

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 Ohio →

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and TrustAbsolute Machine Tools, Inc.…$4MDesert Structures Employee Stock Ownership PlanDesert Structures Employee S…$4MLurre Construction, Inc. Employee Stock Ownership Plan and TrustLurre Construction, Inc. Emp…$4MLeap/Carpenter/Kemps Insurance Agency Employee Stock Ownership PlanLeap/Carpenter/Kemps Insuran…$4MEci Employee Stock Ownership PlanEci Employee Stock Ownership…$4M
End-of-year total assets ($M) among Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Absolute Machine Tools, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Absolute Machine Tools, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 25.933962825793007% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $5.61M $4.16M ▼ -25.8%
Year Plans Participants Total Assets
2022 1 48 $6M
2023 1 53 $5M
2024 1 49 $4M

Absolute Machine Tools, Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$3M
Net Income-$1M
Employer EIN341602413
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Ohio

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

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.004155278 · Participants: 49Absolute Machine Tools, Inc. Employee Stock Ownership Plan and TrustProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Ohio, assets vs. participants

Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Desert Structures Employee Stock Ownership Plan in AZ ($4M); by covered participants it is X-Cel Tooling, Inc. Employee Stock Ownership Plan in WI (49 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 Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust assets move in 2024?
Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust declined sharply - down 23.3% during 2024, from $5M to $4M. Reported net income was -$1M.
How have Absolute Machine Tools, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Absolute Machine Tools, Inc.'s sponsor-wide assets declined 25.9%, from $6M to $4M.
Which ESOP plans are similar in size to Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Desert Structures Employee Stock Ownership Plan in AZ ($4M, 22 participants).
Which ESOP plans cover a similar participant headcount to Absolute Machine Tools, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is X-Cel Tooling, Inc. Employee Stock Ownership Plan in WI (49 participants, $23M in assets).