ESOP · DOL Form 5500 · 2022

Choate Construction Company ESOP

Data updated 2026-08-25

$316M
Total assets Above avg plan size
424
Participants Below avg headcount
97th
Percentile by assets National rank
$744,476
Avg per participant High balance/head
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Official DOL plan name: Choate Construction Company Employee Stock Ownership Plan · Sponsored by Choate Construction Company · Georgia · Construction

$316M in assets, 424 participants

Choate Construction Company's Choate Construction Company Employee Stock Ownership Plan reported $316M in total assets and 424 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,579 in Construction (9,927 peers)

Coverage in Georgia

Choate Construction Company Employee Stock Ownership Plan covers 424 participants in Georgia, about 39% of the average Georgia filer (state average ~1,096 per filing). Assets: $316M.

#9,579
in Construction (9,927 peers)
+25.2%
assets growth YoY
3.2×
vs typical plan assets (national mean)

Choate Construction Company Employee Stock Ownership Plan's outsized position by total assets

Choate Construction Company Employee Stock Ownership Plan vs every filed plan by assets

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

$315,657,741 Top 3% higher than 97% 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

Choate Construction Company Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Choate Construction Company Employee Stock Ownership Plan sits mid-pack in the medium band (424 participants).

Form 5500 schedule snapshot

Filing strip 581851823 · Choate Construction Company PY 2022 · ESOP

Choate Construction Company Employee Stock Ownership Plan · $316M · 424 · 97th

  • PART $316M
  • TYPE 424
  • NET 97th
  • BOOK ESOP
  • VS-ST near Urschel Laboratories Employee Stock Ownership Plan
  • BOY ind #9579

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 Georgia →

Choate Construction Company Employee Stock Ownership Plan in the asset neighbourhood

Ecc Employee Stock Ownership PlanEcc Employee Stock Ownership…$318MChoate Construction Company Employee Stock Ownership PlanChoate Construction Company …$316MUrschel Laboratories Employee Stock Ownership PlanUrschel Laboratories Employe…$315MPolaris Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock …$313MAbt Associates Inc. Employees Stock Ownership PlanAbt Associates Inc. Employee…$312M
End-of-year total assets ($M) among Choate Construction Company Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$252M
Net Assets (End of Year)$259M
Net Income$76M
Employer EIN581851823
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Choate Construction Company)

Sponsor-wide plan assets over time

All Choate Construction Company plans reported in each filing year

Latest sponsor-wide plan assets
$637M 67.03327969225776% vs 2022
2024 filing year
$300M$400M$500M$600M$700M 202220232024 $381M $637M ▲ +67.0%
Year Plans Participants Total Assets
2022 2 921 $381M
2023 2 998 $485M
2024 2 1,057 $637M

Nearby ESOP Plans in Georgia

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

Choate Construction Company Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 0200400600800 Total assets ($M) Participants Choate Construction Company Employee Stock Ownership Plan, Total assets ($M): 315.657741 · Participants: 424Choate Construction Company Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 688.646729 · Participants: 1759Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 252.895792 · Participants: 427Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 189.698153 · Participants: 397Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 137.399647 · Participants: 314Dixie Plywood and Lumber Company Employee Stock Ownership PlanGeorgia Cryoservices Employee Stock Ownership Plan, Total assets ($M): 110.216454 · Participants: 27Georgia Cryoservices Employee Stock Ownership Plan
Choate Construction Company Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Choate Construction Company Employee Stock Ownership Plan side-by-side with 3 peers →

Choate Construction Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Georgia, the nearest ESOP by assets is Urschel Laboratories Employee Stock Ownership Plan in IN ($315M); by covered participants it is New River Electrical Corporation Employee Stock Ownership Plan in VA (424 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($316M here).

Similar participant headcount

Nearest other-state filings by covered participants (424 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 Choate Construction Company Employee Stock Ownership Plan assets move in 2022? ▼
Choate Construction Company Employee Stock Ownership Plan grew sharply - up 25.2% during 2022, from $252M to $316M. Reported net income was $76M.
How have Choate Construction Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Choate Construction Company's sponsor-wide assets grew 67.0%, from $381M to $637M.
Where does Choate Construction Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Choate Construction Company Employee Stock Ownership Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Choate Construction Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Urschel Laboratories Employee Stock Ownership Plan in IN ($315M, 467 participants).
Which ESOP plans cover a similar participant headcount to Choate Construction Company Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is New River Electrical Corporation Employee Stock Ownership Plan in VA (424 participants, $288M 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 581851823.

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.