ESOP · DOL Form 5500 · 2022

Hardman Construction, Inc. ESOP

Data updated 2026-08-11

$14M
Total assets
23
Participants
71st
Percentile by assets
$613,426
Avg per participant
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Official DOL plan name: Hardman Construction, Inc. Employee Stock Ownership Plan · Sponsored by Hardman Construction, Inc. · Michigan · Construction

$14M in assets, 23 participants

Hardman Construction, Inc.'s Hardman Construction, Inc. Employee Stock Ownership Plan reported $14M in total assets and 23 participants in its 2022 DOL Form 5500 filing, ranking in the 71st 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.

  • 71st percentile by assets (of 139,126 plans)
  • #7,059 in Construction (9,927 peers)

Hardman Construction, Inc. multi-year trail

Hardman Construction, Inc.'s plans moved +26.4% in assets from 2022 to 2024; this filing shows Hardman Construction, Inc. Employee Stock Ownership Plan at $14M / 23 participants.

$14M
total plan assets (2022 EOY)
23
covered participants
71st
percentile by assets (of 139,126 plans)
$613,426
avg assets per participant
State
Industry

Hardman Construction, Inc. across 3 plan years on file

Across the 3 plan years Hardman Construction, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $14M to $18M, a gain of 26.4%, while reported participants moved from 23 to 23 (+0.0%). Peak year by sponsor assets: 2024 ($18M); trough: 2022 ($14M).

Hardman Construction, Inc. multi-year asset trail

$12M$14M$16M$18M$20M 202220232024 $14.1M $17.8M ▲ +26.4%
Total plan assets by year, all Hardman Construction, Inc. plans on file
Year Plans Participants Total Assets
2022 1 23 $14M
2023 1 22 $15M
2024 1 23 $18M

Hardman Construction, Inc. filing trail (2022)

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$10M
Net Income$3M
Employer EIN382236416
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Hardman Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Hardman Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Hardman Construction…Mcnaughton-Mckay Ele…The Kendall Group Em…Project Worldwide, I…Motor City Electric …Bandit Holding Compa…
Hardman Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hardman Construction, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Hardman Construction, Inc. Employee Stock Ownership Plan assets move in 2022?
Hardman Construction, Inc. Employee Stock Ownership Plan grew sharply - up 21.7% during 2022, from $12M to $14M. Reported net income was $3M.
How have Hardman Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hardman Construction, Inc.'s sponsor-wide assets grew 26.4%, from $14M to $18M.
Which ESOP plans are similar in size to Hardman Construction, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Api Group, Inc. Employee Stock Ownership Plan in MN ($14M, 3,421 participants).

Next read for Hardman Construction, Inc. Employee Stoc…

Multi-year trail

Ways to act on Hardman Construction, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Hardman Construction, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
  • Hardman Construction, Inc.'s sponsor-wide assets have grown 26.4% since 2022 across 3 plan years on file. More Construction plans