ESOP · DOL Form 5500 · 2024

Absolute Group, Inc. ESOP

Data updated 2026-08-25

$41M
Total assets Below avg plan size
286
Participants Below avg headcount
82nd
Percentile by assets National rank
$142,705
Avg per participant Near avg balance/head
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Official DOL plan name: Absolute Group, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Absolute Group, Inc. · Iowa · Management of Enterprises

$41M in assets, 286 participants

Absolute Group, Inc.'s Absolute Group, Inc. Employee Stock Ownership Plan and Trust reported $41M in total assets and 286 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #729 in Management of Enterprises (1,133 peers)

Coverage in Iowa

Absolute Group, Inc. Employee Stock Ownership Plan and Trust covers 286 participants in Iowa, about 47% of the average Iowa filer (state average ~609 per filing). Assets: $41M.

#729
in Management of Enterprises (1,133 peers)
+7.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Absolute Group, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

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

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

$40,813,497 Top 18% higher than 82% 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 Group, Inc. Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Absolute Group, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (286 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Absolute Group, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Absolute Group, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 264 in the plan year 2023 filing to 286 in the plan year 2024 filing.
  • Absolute Group, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $38M in the plan year 2023 filing to $41M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 461420502 · Absolute Group, Inc. PY 2024 · ESOP

Absolute Group, Inc. Employee Stock Ownership Plan and Trust · $41M · 286 · 82nd

  • BOY $41M
  • BOY 286
  • BOY 82nd
  • BOY ESOP
  • BOY near Southern Air Incorporated Employee Stock Ownership Plan and Trust
  • BOY ind #729

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 Iowa →

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

Dynabrade, Inc. Employee Stock Ownership PlanDynabrade, Inc. Employee Sto…$41MAbsolute Group, Inc. Employee Stock Ownership Plan and TrustAbsolute Group, Inc. Employe…$41MSouthern Air Incorporated Employee Stock Ownership Plan and TrustSouthern Air Incorporated Em…$41MSea-Land Chemical Co. Employees' Stock Ownership PlanSea-Land Chemical Co. Employ…$41MInsul-Therm Employee Stock Ownership PlanInsul-Therm Employee Stock O…$41M
End-of-year total assets ($M) among Absolute Group, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$40M
Net Income$3M
Employer EIN461420502
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Absolute Group, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$41M 11.104006980250935% vs 2022
2024 filing year
$36M$38M$40M$42M 202220232024 $36.7M $40.8M ▲ +11.1%
Year Plans Participants Total Assets
2022 1 236 $37M
2023 1 264 $38M
2024 1 286 $41M

Nearby ESOP Plans in Iowa

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

Absolute Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 200400600800100012001400 -20002004006008001000 Total assets ($M) Participants Absolute Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 40.813497 · Participants: 286Absolute Group, Inc. Employee Stock Ownership Plan and TrustEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanPrecision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership Plan
Absolute Group, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest ESOP by assets is Southern Air Incorporated Employee Stock Ownership Plan and Trust in VA ($41M); by covered participants it is Bliffert Lumber & Fuel Co. Employee Stock Ownership Plan in WI (286 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (286 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 Absolute Group, Inc. Employee Stock Ownership Plan and Trust assets move in 2024?
Absolute Group, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 7.4% during 2024, from $38M to $41M. Reported net income was $3M.
How have Absolute Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Absolute Group, Inc.'s sponsor-wide assets grew 11.1%, from $37M to $41M.
Where does Absolute Group, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Absolute Group, Inc. Employee Stock Ownership Plan and Trust ranks in the 82nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Absolute Group, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Southern Air Incorporated Employee Stock Ownership Plan and Trust in VA ($41M, 612 participants).
Which ESOP plans cover a similar participant headcount to Absolute Group, Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by covered participants is Bliffert Lumber & Fuel Co. Employee Stock Ownership Plan in WI (286 participants, $20M in assets).