ESOP · DOL Form 5500 · 2022

Hardman Construction, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
23
Participants Small participant base
71st
Percentile by assets National rank
$613,426
Avg per participant High balance/head
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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.

  • #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.

#7,059
in Construction (9,927 peers)
+21.7%
assets growth YoY

Hardman Construction, Inc. Employee Stock Ownership Plan's outsized position by total assets

Hardman Construction, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,108,805 Top 29% higher than 71% of 139,123 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 2022

Hardman Construction, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hardman Construction, Inc. Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 382236416 · Hardman Construction, Inc. PY 2022 · ESOP

Hardman Construction, Inc. Employee Stock Ownership Plan · $14M · 23 · 71st

  • PCT $14M
  • EIN 23
  • RANK 71st
  • PHOTO ESOP
  • IND near Api Group, Inc. Employee Stock Ownership Plan
  • EOY ind #7059

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 Michigan →

Hardman Construction, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Quadrant Holdings Co., Inc. Employee Stock Ownership PlanQuadrant Holdings Co., Inc. …$14MApi Group, Inc. Employee Stock Ownership PlanApi Group, Inc. Employee Sto…$14MBoh Bros. Construction Co., L.L.C. Employee Stock Ownership PlanBoh Bros. Construction Co., …$14MRichmond Mutual Bancorporation, Inc. Employee Stock Ownership PlanRichmond Mutual Bancorporati…$14MHardman Construction, Inc. Employee Stock Ownership PlanHardman Construction, Inc. E…$14M
End-of-year total assets ($M) among Hardman Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Hardman Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hardman Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 26.39432609636323% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $14.1M $17.8M ▲ +26.4%
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 Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Hardman Construction, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.014108805 · Participants: 23Hardman Construction, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Hardman Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Hardman Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Hardman Construction, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Api Group, Inc. Employee Stock Ownership Plan in MN ($14M); by covered participants it is Profitmaster Displays, Inc. Employee Stock Ownership Plan in GA (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which ESOP plans cover a similar participant headcount to Hardman Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Profitmaster Displays, Inc. Employee Stock Ownership Plan in GA (23 participants, $6M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382236416.

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.