ESOP · DOL Form 5500 · 2024

Altron Automation Group, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
125
Participants Small participant base
26th
Percentile by assets National rank
$10,640
Avg per participant Low balance/head
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Official DOL plan name: Altron Automation Group, Inc. Employee Stock Ownership Plan · Sponsored by Altron Automation Group, Inc. · Michigan · Manufacturing

$1M in assets, 125 participants

Altron Automation Group, Inc.'s Altron Automation Group, Inc. Employee Stock Ownership Plan reported $1M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #1,993 in Manufacturing (17,777 peers)

Coverage in Michigan

Altron Automation Group, Inc. Employee Stock Ownership Plan covers 125 participants in Michigan, about 20% of the average Michigan filer (state average ~638 per filing). Assets: $1M.

#1,993
in Manufacturing (17,777 peers)
+98.5%
assets growth YoY

Altron Automation Group, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Altron Automation Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,330,000 26th percentile higher than 26% 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

Altron Automation Group, Inc. 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. Altron Automation Group, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Altron Automation Group, Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Altron Automation Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $670K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Altron Automation Group, Inc. Employee Stock Ownership Plan reported participants fell from 139 in the plan year 2023 filing to 125 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 854184989 · Altron Automation Group, Inc. PY 2024 · ESOP

Altron Automation Group, Inc. Employee Stock Ownership Plan · $1M · 125 · 26th

  • BOY $1M
  • BOY 125
  • BOY 26th
  • BOY ESOP
  • BOY near Creative Builders, Inc. Employee Stock Ownership Plan
  • BOY ind #1993

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 Michigan →

Altron Automation Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Altron Automation Group, Inc. Employee Stock Ownership PlanAltron Automation Group, Inc…$1MCreative Builders, Inc. Employee Stock Ownership PlanCreative Builders, Inc. Empl…$1MServantex Employee Stock Ownership PlanServantex Employee Stock Own…$1MWanner Associates, Inc. Employee Stock Ownership PlanWanner Associates, Inc. Empl…$1MElectronic Services Corporation Employee Stock Ownership PlanElectronic Services Corporat…$1M
End-of-year total assets ($M) among Altron Automation Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$670K
Net Assets (End of Year)-$28M
Net Income$2M
Employer EIN854184989
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Altron Automation Group, Inc.)

Sponsor-wide plan assets over time

All Altron Automation Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 98.50746268656717% vs 2023
2024 filing year
$0.6M$0.8M$1M$1.2M$1.4M 20232024 $0.67M $1.33M ▲ +98.5%
Year Plans Participants Total Assets
2023 1 139 $670K
2024 1 125 $1M

Nearby ESOP Plans in Michigan

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

Altron Automation Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 05001000150020002500 -0.500.511.52 Total assets ($B) Participants Altron Automation Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00133 · Participants: 125Altron Automation Group, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Altron Automation Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Altron Automation Group, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Creative Builders, Inc. Employee Stock Ownership Plan in SC ($1M); by covered participants it is Advanced Manufacturing Group, Inc. Employee Stock Ownership Plan in OH (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 Altron Automation Group, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Altron Automation Group, Inc. Employee Stock Ownership Plan surged - up 98.5% during 2024, from $670K to $1M. Reported net income was $2M.
How have Altron Automation Group, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Altron Automation Group, Inc.'s sponsor-wide assets grew 98.5%, from $670K to $1M.
Which ESOP plans are similar in size to Altron Automation Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Creative Builders, Inc. Employee Stock Ownership Plan in SC ($1M, 89 participants).
Which ESOP plans cover a similar participant headcount to Altron Automation Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Advanced Manufacturing Group, Inc. Employee Stock Ownership Plan in OH (125 participants, $234K 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 854184989.

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.