ESOP · DOL Form 5500 · 2024

Speer Financial, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
14
Participants Small participant base
28th
Percentile by assets National rank
$129,303
Avg per participant Near avg balance/head
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Official DOL plan name: Speer Financial, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Speer Financial, Inc. · Illinois · Finance & Insurance

$2M in assets, 14 participants

Speer Financial, Inc.'s Speer Financial, Inc. Employee Stock Ownership Plan and Trust reported $2M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #1,507 in Finance & Insurance (8,549 peers)

Speer Financial, Inc. multi-year trail

Speer Financial, Inc.'s plans moved +21.7% in assets from 2022 to 2024; this filing shows Speer Financial, Inc. Employee Stock Ownership Plan and Trust at $2M / 14 participants.

#1,507
in Finance & Insurance (8,549 peers)
+0.9%
assets growth YoY

Speer Financial, Inc. Employee Stock Ownership Plan and Trust among the smaller filed plans by assets

Speer Financial, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$1,810,235 28th percentile higher than 28% 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

Speer Financial, 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. Speer Financial, Inc. Employee Stock Ownership Plan and Trust is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Speer Financial, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$87K in the plan year 2023 filing to $17K in the plan year 2024 filing.
  • Speer Financial, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 15 in the plan year 2023 filing to 14 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 362515109 · Speer Financial, Inc. PY 2024 · ESOP

Speer Financial, Inc. Employee Stock Ownership Plan and Trust · $2M · 14 · 28th

  • EOY $2M
  • 5500 14
  • ASSETS 28th
  • PCT ESOP
  • EIN near Electro Power Inc. Employee Stock Ownership Plan
  • RANK ind #1507

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 Illinois →

Speer Financial, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Speer Financial, Inc. Employee Stock Ownership Plan and TrustSpeer Financial, Inc. Employ…$2MElectro Power Inc. Employee Stock Ownership PlanElectro Power Inc. Employee …$2MDensand Inc Employee Stock Ownership PlanDensand Inc Employee Stock O…$2MDix.Hite ESOP and Trust$2MIea, Inc. Employee Stock Ownership PlanIea, Inc. Employee Stock Own…$2M
End-of-year total assets ($M) among Speer Financial, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Speer Financial, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Speer Financial, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 21.678045663836436% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M$7M 202220232024 $5.3M $6.45M ▲ +21.7%
Year Plans Participants Total Assets
2022 2 28 $5M
2023 2 30 $6M
2024 2 27 $6M

Speer Financial, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$17K
Employer EIN362515109
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Illinois

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

Speer Financial, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000 -101234 Total assets ($B) Participants Speer Financial, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.001810235 · Participants: 14Speer Financial, Inc. Employee Stock Ownership Plan and TrustAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
Speer Financial, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Speer Financial, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is Electro Power Inc. Employee Stock Ownership Plan in WI ($2M); by covered participants it is Foods for Living, Inc. Employee Stock Ownership Plan and Trust in MI (14 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14 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 Speer Financial, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Speer Financial, Inc. Employee Stock Ownership Plan and Trust held essentially flat - up 0.9% during 2024, from $2M to $2M. Reported net income was $17K.
How have Speer Financial, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Speer Financial, Inc.'s sponsor-wide assets grew 21.7%, from $5M to $6M.
Which ESOP plans are similar in size to Speer Financial, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Electro Power Inc. Employee Stock Ownership Plan in WI ($2M, 27 participants).
Which ESOP plans cover a similar participant headcount to Speer Financial, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Foods for Living, Inc. Employee Stock Ownership Plan and Trust in MI (14 participants, N/A 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 362515109.

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.