ESOP · DOL Form 5500 · 2024

Air-Sea Forwarders Inc. ESOP

Data updated 2026-08-25

$8M
Total assets Small plan by assets
42
Participants Small participant base
51st
Percentile by assets National rank
$191,163
Avg per participant Above avg balance/head
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Official DOL plan name: Air-Sea Forwarders, Inc. Employee Stock Ownership Plan · Sponsored by Air-Sea Forwarders Inc. · California · Transportation & Warehousing

$8M in assets, 42 participants

Air-Sea Forwarders Inc.'s Air-Sea Forwarders, Inc. Employee Stock Ownership Plan reported $8M in total assets and 42 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #1,734 in Transportation & Warehousing (3,299 peers)

2024 asset change

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan pulled back noticeably 13.6% in 2024 ($9M → $8M) for 42 participants.

#1,734
in Transportation & Warehousing (3,299 peers)
-13.6%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$8,028,851 Top 49% higher than 51% 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

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Air-Sea Forwarders, Inc. Employee Stock Ownership Plan is a small filing (42 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Air-Sea Forwarders, Inc. Employee Stock Ownership Plan reported net income fell from $666K in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Air-Sea Forwarders, Inc. Employee Stock Ownership Plan end-of-year assets fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Air-Sea Forwarders, Inc. Employee Stock Ownership Plan reported participants rose from 37 in the plan year 2023 filing to 42 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 951748260 · Air-Sea Forwarders Inc. PY 2024 · ESOP

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan · $8M · 42 · 51st

  • NET $8M
  • NET 42
  • NET 51st
  • NET ESOP
  • NET near K&s Contractors Supply, Inc. Employee Stock Ownership Plan
  • NET ind #1734

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 California →

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Air-Sea Forwarders, Inc. Employee Stock Ownership PlanAir-Sea Forwarders, Inc. Emp…$8MK&s Contractors Supply, Inc. Employee Stock Ownership PlanK&s Contractors Supply, Inc.…$8MAtlas Industrial Holdings, Inc. Employee Stock Ownership PlanAtlas Industrial Holdings, I…$8MPhipps Inc Employee Stock Ownership PlanPhipps Inc Employee Stock Ow…$8MColdstream Service Holdings, Inc. Employee Stock Ownership PlanColdstream Service Holdings,…$8M
End-of-year total assets ($M) among Air-Sea Forwarders, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Air-Sea Forwarders Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Air-Sea Forwarders Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 6.963315008779493% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M$9.5M 202220232024 $8.63M $8.03M ▼ -7.0%
Year Plans Participants Total Assets
2022 1 38 $9M
2023 1 37 $9M
2024 1 42 $8M

2024 asset-move particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN951748260
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Air-Sea Forwarders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.008028851 · Participants: 42Air-Sea Forwarders, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Air-Sea Forwarders, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Air-Sea Forwarders, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Air-Sea Forwarders, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is K&s Contractors Supply, Inc. Employee Stock Ownership Plan in NY ($8M); by covered participants it is Wayne Bank Employee Stock Ownership Plan in IN (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 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 Air-Sea Forwarders, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Air-Sea Forwarders, Inc. Employee Stock Ownership Plan pulled back noticeably - down 13.6% during 2024, from $9M to $8M. Reported net income was -$1M.
How have Air-Sea Forwarders Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Air-Sea Forwarders Inc.'s sponsor-wide assets declined 7.0%, from $9M to $8M.
Which ESOP plans are similar in size to Air-Sea Forwarders, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is K&s Contractors Supply, Inc. Employee Stock Ownership Plan in NY ($8M, 16 participants).
Which ESOP plans cover a similar participant headcount to Air-Sea Forwarders, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Wayne Bank Employee Stock Ownership Plan in IN (42 participants, $3M 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 951748260.

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.