ESOP · DOL Form 5500 · 2024
Nerol, Inc. ESOP
Data updated 2026-08-11
- $116M
- Total assets
- 242
- Participants
- 91st
- Percentile by assets
- $480,610
- Avg per participant
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.
- 91st percentile by assets (of 123,622 plans)
- #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.
- $116M
- total plan assets (2024 EOY)
- 242
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $480,610
- avg assets per participant
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.
Participants vs Illinois filers
In Illinois, the average filing covers about 779 participants across 5,745 plans. Aarete Employee Stock Ownership Plan reports 242 participants - about 31% of that state average ($116M EOY assets).
Illinois filing particulars
| Total Assets (Beginning of Year) | $111M |
|---|---|
| Net Assets (End of Year) | $55M |
| Net Income | $6M |
| Employer EIN | 824403675 |
| Plan Effective Date | 2018-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Nerol, Inc.)
| 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
- Amsted Industries Incorporated Employees' Stock Ownership Plan $3.7B · 4,909
- Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
- Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
- Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
- Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Aarete Employee Stock Ownership Plan by total assets, not by location.
- United Electric Supply Company Employee Stock Ownership Plan (DE) $116M · 328
- Smith Seckman Reid, Inc. Employee Stock Ownership Plan (TN) $116M · 507
- Abt Associates Inc. Employees Stock Ownership Plan (MA) $117M · 1,191
- Sierra Pacific Engineering & Products Employee Stock Ownership Plan (CA) $117M · 94
Frequently Asked Questions
How did Aarete Employee Stock Ownership Plan assets move in 2024? ▼
How have Nerol, Inc. plan assets changed over time? ▼
Where does Aarete Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Aarete Employee Stock Ownership Plan? ▼
Next read for Aarete Employee Stock Ownership Plan
Filing takeaways
Ways to act on Aarete Employee Stock Ownership Plan's numbers.
- By total assets, Aarete Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Illinois. Compare plans
- Nerol, Inc.'s sponsor-wide assets have grown 92.0% since 2022 across 3 plan years on file. More Other Services plans