ESOP · DOL Form 5500 · 2024
Armon, Inc ESOP
Data updated 2026-08-25
- $458K
- Total assets Small plan by assets
- 3
- Participants Small participant base
- 17th
- Percentile by assets National rank
- $152,665
- Avg per participant Above avg balance/head
Official DOL plan name: Armon, Inc Employee Stock Ownership Plan · Sponsored by Armon, Inc · Illinois · Management of Enterprises
$458K in assets, 3 participants
Armon, Inc's Armon, Inc Employee Stock Ownership Plan reported $458K in total assets and 3 participants in its 2024 DOL Form 5500 filing, ranking in the 17th 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.
- #137 in Management of Enterprises (1,133 peers)
Armon, Inc multi-year trail
Armon, Inc's plans moved +21.7% in assets from 2022 to 2024; this filing shows Armon, Inc Employee Stock Ownership Plan at $458K / 3 participants.
- #137
- in Management of Enterprises (1,133 peers)
- -10.3%
- assets change YoY
The plan reported a net loss of $53K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Armon, Inc Employee Stock Ownership Plan among the smaller filed plans by assets
Armon, Inc Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$457,994 17th percentile higher than 17% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Armon, Inc Employee Stock Ownership Plan among micro filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Armon, Inc Employee Stock Ownership Plan is a micro filing (3 participants), the leftmost band.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Armon, Inc Employee Stock Ownership Plan reported net income fell from $47K in the plan year 2023 filing to -$53K in the plan year 2024 filing.
- Armon, Inc Employee Stock Ownership Plan end-of-year assets fell from $511K in the plan year 2023 filing to $458K in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 362923248 · Armon, Inc PY 2024 · ESOP
Armon, Inc Employee Stock Ownership Plan · $458K · 3 · 17th
- RANK $458K
- RANK 3
- RANK 17th
- RANK ESOP
- RANK near J.T. Chapman Company Stock Bonus Employee Stock Ownership Plan & Trust
- RANK ind #137
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 →
Armon, Inc Employee Stock Ownership Plan in the asset neighbourhood
Armon, Inc multi-year asset trail
Sponsor-wide plan assets over time
All Armon, Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $35M 21.651509161049198% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 343 | $29M |
| 2023 | 2 | 340 | $33M |
| 2024 | 2 | 406 | $35M |
Armon, Inc filing trail (2024)
| Total Assets (Beginning of Year) | $511K |
|---|---|
| Net Assets (End of Year) | $458K |
| Net Income | -$53K |
| Employer EIN | 362923248 |
| Plan Effective Date | 1999-10-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
- 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
Armon, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Illinois, the nearest ESOP by assets is J.T. Chapman Company Stock Bonus Employee Stock Ownership Plan & Trust in TX ($460K); by covered participants it is Island City Dray Profit Sharing Plan in WI (3 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($458K here).
Similar participant headcount
Nearest other-state filings by covered participants (3 participants); asset peers above are excluded.
- Island City Dray Profit Sharing Plan (WI) 3 · 0 off
- Royal State Corporation ESOP (HI) 3 · 0 off
- Royal State Corporation ESOP (HI) 3 · 0 off
- Wetzel-Valley Agencies, Inc. Employee Stock Ownership Plan (WV) 3 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.