ESOP · DOL Form 5500 · 2024

Nerol, Inc. ESOP

Data updated 2026-08-25

$116M
Total assets Near avg plan size
242
Participants Below avg headcount
91st
Percentile by assets National rank
$480,610
Avg per participant High balance/head
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Official DOL plan name: Aarete Employee Stock Ownership Plan · Sponsored by Nerol, Inc. · Illinois · Other Services

$116M in assets, 242 participants

Nerol, Inc.'s Aarete Employee Stock Ownership Plan reported $116M in total assets and 242 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,490 in Other Services (7,719 peers)

Coverage in Illinois

Aarete Employee Stock Ownership Plan covers 242 participants in Illinois, about 31% of the average Illinois filer (state average ~779 per filing). Assets: $116M.

#7,490
in Other Services (7,719 peers)
+4.8%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Aarete Employee Stock Ownership Plan's outsized position by total assets

Aarete Employee Stock Ownership Plan vs every filed plan by assets

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

$116,307,562 Top 9% higher than 91% 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

Aarete Employee Stock Ownership Plan 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. Aarete Employee Stock Ownership Plan sits mid-pack in the medium band (242 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Aarete Employee Stock Ownership Plan reported net income fell from $35M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Aarete Employee Stock Ownership Plan reported participants rose from 228 in the plan year 2023 filing to 242 in the plan year 2024 filing.
  • Aarete Employee Stock Ownership Plan end-of-year assets rose from $111M in the plan year 2023 filing to $116M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 824403675 · Nerol, Inc. PY 2024 · ESOP

Aarete Employee Stock Ownership Plan · $116M · 242 · 91st

  • RANK $116M
  • PHOTO 242
  • IND 91st
  • EOY ESOP
  • 5500 near United Electric Supply Company Employee Stock Ownership Plan
  • ASSETS ind #7490

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 →

Aarete Employee Stock Ownership Plan in the asset neighbourhood

Sierra Pacific Engineering & Products Employee Stock Ownership PlanSierra Pacific Engineering &…$117MAbt Associates Inc. Employees Stock Ownership PlanAbt Associates Inc. Employee…$117MUnited Electric Supply Company Employee Stock Ownership PlanUnited Electric Supply Compa…$116MAarete Employee Stock Ownership PlanAarete Employee Stock Owners…$116MSmith Seckman Reid, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Emp…$116M
End-of-year total assets ($M) among Aarete Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$55M
Net Income$6M
Employer EIN824403675
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nerol, Inc.)

Sponsor-wide plan assets over time

All Nerol, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$147M 92.00932786033039% vs 2022
2024 filing year
$50M$100M$150M$200M 202220232024 $76.7M $147M ▲ +92.0%
Year Plans Participants Total Assets
2022 1 177 $77M
2023 2 525 $135M
2024 2 502 $147M

Nearby ESOP Plans in Illinois

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

Aarete Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Aarete Employee Stock Ownership Plan, Total assets ($B): 0.116307562 · Participants: 242Aarete Employee Stock Ownership PlanAmsted 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
Aarete Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Aarete Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is United Electric Supply Company Employee Stock Ownership Plan in DE ($116M); by covered participants it is Metro Walls ESOP in NH (242 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (242 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 Aarete Employee Stock Ownership Plan assets move in 2024? ▼
Aarete Employee Stock Ownership Plan edged up modestly - up 4.8% during 2024, from $111M to $116M. Reported net income was $6M.
How have Nerol, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nerol, Inc.'s sponsor-wide assets grew 92.0%, from $77M to $147M.
Where does Aarete Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Aarete Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Aarete Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is United Electric Supply Company Employee Stock Ownership Plan in DE ($116M, 328 participants).
Which ESOP plans cover a similar participant headcount to Aarete Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Metro Walls ESOP in NH (242 participants, $19M 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 824403675.

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.