ESOP · DOL Form 5500 · 2024

A. B. Systems, Inc ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
24
Participants Small participant base
56th
Percentile by assets National rank
$421,074
Avg per participant High balance/head
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Official DOL plan name: A. B. Systems, Inc. Employee Stock Ownership Plan · Sponsored by A. B. Systems, Inc · Minnesota · Construction

$10M in assets, 24 participants

A. B. Systems, Inc's A. B. Systems, Inc. Employee Stock Ownership Plan reported $10M in total assets and 24 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • #4,905 in Construction (9,039 peers)

A. B. Systems, Inc multi-year trail

A. B. Systems, Inc's plans moved +24.2% in assets from 2022 to 2024; this filing shows A. B. Systems, Inc. Employee Stock Ownership Plan at $10M / 24 participants.

#4,905
in Construction (9,039 peers)
+13.7%
assets growth YoY

A. B. Systems, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

A. B. Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$10,105,775 Top 44% higher than 56% 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

A. B. Systems, 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. A. B. Systems, Inc. Employee Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • A. B. Systems, Inc. Employee Stock Ownership Plan reported net income rose from $753K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • A. B. Systems, Inc. Employee Stock Ownership Plan reported participants rose from 19 in the plan year 2023 filing to 24 in the plan year 2024 filing.
  • A. B. Systems, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 411569825 · A. B. Systems, Inc PY 2024 · ESOP

A. B. Systems, Inc. Employee Stock Ownership Plan · $10M · 24 · 56th

  • SCH $10M
  • EBSA 24
  • PART 56th
  • TYPE ESOP
  • NET near California Shower Door Employee Stock Ownership Plan
  • BOOK ind #4905

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 Minnesota →

A. B. Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Techsmith Corporation Employee Stock Ownership PlanTechsmith Corporation Employ…$10MA. B. Systems, Inc. Employee Stock Ownership PlanA. B. Systems, Inc. Employee…$10MCalifornia Shower Door Employee Stock Ownership PlanCalifornia Shower Door Emplo…$10MPower House Plastering Employee Stock Ownership PlanPower House Plastering Emplo…$10MBlue Q Employee Stock Ownership Plan and TrustBlue Q Employee Stock Owners…$10M
End-of-year total assets ($M) among A. B. Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

A. B. Systems, Inc multi-year asset trail

Sponsor-wide plan assets over time

All A. B. Systems, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$10M 24.217187513251993% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $8.14M $10.1M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 21 $8M
2023 1 19 $9M
2024 1 24 $10M

A. B. Systems, Inc filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN411569825
Plan Effective Date1996-04-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

A. B. Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants A. B. Systems, Inc. Employee Stock Ownership Plan, Total assets ($M): 10.105775 · Participants: 24A. B. Systems, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
A. B. Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare A. B. Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

A. B. Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is California Shower Door Employee Stock Ownership Plan in CA ($10M); by covered participants it is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 A. B. Systems, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
A. B. Systems, Inc. Employee Stock Ownership Plan grew at a solid clip - up 13.7% during 2024, from $9M to $10M. Reported net income was $1M.
How have A. B. Systems, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), A. B. Systems, Inc's sponsor-wide assets grew 24.2%, from $8M to $10M.
Which ESOP plans are similar in size to A. B. Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is California Shower Door Employee Stock Ownership Plan in CA ($10M, 40 participants).
Which ESOP plans cover a similar participant headcount to A. B. Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Southern Rubber Company, Inc. Employee Stock Ownership Plan in NC (24 participants, N/A 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 411569825.

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.