Stocklore
Financial Statement Basics

11-K (Annual Report for Employee Stock Plans)

Form 11-K (Annual Report of Employee Stock Purchase, Savings and Similar Plans)

A separate annual report on how employee retirement and stock purchase plans ran that year — the star here is the «plan», not the company.

In plain terms

When an employee retirement plan or employee stock ownership plan holds company stock, the plan itself files its yearly accounts with the SEC. That filing is the 11-K.

It is not the company's financial statements. It is a separate report setting out "how much the plan managed, and how much company stock sits inside it."

What it tells you

It lists the assets the plan holds and the share of those that is company stock. That shows how much of employees' retirement money is tied up in their own employer's shares.

It also shows how much employees put in that year and how much the company added. This is one of the ways a company pays people in stock.

Formula

11-K = annual report of an employee benefit or stock plan
Covers = 401(k), employee stock ownership, employee stock purchase plans (ESPP) and the like that hold company stock
Deadline = generally 90 days after the plan's fiscal year end · 180 days if it follows pension rules

What high or low means

If [S-8](form-s8) is about "registering stock set aside for employee compensation," the 11-K is the accounting of "how that plan actually ran."

Our screens show this form in the recent filings list, and you can see the size of what the company paid in stock through [stock-based compensation](sbc) and the trend in shares outstanding.

Caution

**It's easy to confuse this with company results.** The numbers in an 11-K are the plan's assets, not the company's revenue or profit.

The plan's fiscal year can differ from the company's. So it's normal for the filing date to look out of step with the 10-K.

Many companies don't file this form. If the plan doesn't hold company stock or isn't subject to registration, there's no reason to file.

Metrics to read alongside

See it in real stocks

Search US stocks on Stocklore to see 11-K and other financial metrics alongside the sector benchmark.

Exactly how Stocklore computes this metric (formula, thresholds, SEC source) is on the methodology page.

This explanation is for information and reference only and is not a recommendation to buy or sell any security. Investment decisions and their consequences are your own.

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