ESOP · DOL Form 5500 · 2022

Choate Construction Company ESOP

Data updated 2026-08-11

$316M
Total assets
424
Participants
97th
Percentile by assets
$744,476
Avg per participant
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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.

  • 97th percentile by assets (of 139,126 plans)
  • #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.

$316M
total plan assets (2022 EOY)
424
covered participants
97th
percentile by assets (of 139,126 plans)
$744,476
avg assets per participant
State
Industry

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Choate Construction Company Employee Stock Ownership Plan reports 424 participants - about 39% of that state average ($316M EOY assets).

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)

$300M$400M$500M$600M$700M 202220232024 $381M $637M ▲ +67.0%
Total plan assets by year, all Choate Construction Company plans on file
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

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 …Warehouse Home Furni…Brent Scarbrough & C…Aubrey Silvey Enterp…Dixie Plywood and Lu…Georgia Cryoservices…
Choate Construction Company Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

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).

Next read for Choate Construction Company Employee Sto…

Filing takeaways

Ways to act on Choate Construction Company Employee Stock Ownership Plan's numbers.

  • By total assets, Choate Construction Company Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Georgia. Compare plans
  • Choate Construction Company's sponsor-wide assets have grown 67.0% since 2022 across 3 plan years on file. More Construction plans