401(k) · DOL Form 5500 · 2022

Choate Construction Company 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
497
Participants Below avg headcount
90th
Percentile by assets National rank
$131,635
Avg per participant Near avg balance/head
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Official DOL plan name: Choate Construction Company Profit Sharing Plan · Sponsored by Choate Construction Company · Georgia · Construction

$65M in assets, 497 participants

Choate Construction Company's Choate Construction Company Profit Sharing Plan reported $65M in total assets and 497 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #8,781 in Construction (9,927 peers)

Coverage in Georgia

Choate Construction Company Profit Sharing Plan covers 497 participants in Georgia, about 45% of the average Georgia filer (state average ~1,096 per filing). Assets: $65M.

#8,781
in Construction (9,927 peers)
-17.8%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Choate Construction Company Profit Sharing Plan's outsized position by total assets

Choate Construction Company Profit Sharing Plan vs every filed plan by assets

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

$65,422,736 Top 10% higher than 90% 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 Profit Sharing 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 Profit Sharing Plan sits mid-pack in the medium band (497 participants).

Plan-year Form 5500 strip

Filing strip 581851823 · Choate Construction Company PY 2022 · 401(k)

Choate Construction Company Profit Sharing Plan · $65M · 497 · 90th

  • ASSETS $65M
  • ASSETS 497
  • ASSETS 90th
  • ASSETS 401(k)
  • ASSETS near Taconic Biosciences, Inc. 401(k) Profit Sharing Plan & Trust
  • ASSETS ind #8781

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 Construction retirement plans → · Plans in Georgia →

Choate Construction Company Profit Sharing Plan in the asset neighbourhood

Chicago Zoological Society Retirement Savings PlanChicago Zoological Society R…$65MChoate Construction Company Profit Sharing PlanChoate Construction Company …$65MTaconic Biosciences, Inc. 401(k) Profit Sharing Plan & TrustTaconic Biosciences, Inc. 40…$65MThe Retirement and Savings PlanThe Retirement and Savings P…$65MThe Cyxtera 401(k) Savings PlanThe Cyxtera 401(k) Savings P…$65M
End-of-year total assets ($M) among Choate Construction Company Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Georgia filing particulars

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$65M
Net Income-$14M
Employer EIN581851823
Plan Effective Date1991-07-01
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 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Choate Construction Company Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Choate Construction Company Profit Sharing Plan, Total assets ($B): 0.065422736 · Participants: 497Choate Construction Company Profit Sharing PlanThe Teamster-UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 14.668727371 · Participants: 549610The Teamster-UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 13.242875281 · Participants: 72820Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 11.498981924 · Participants: 12193Delta 401(k) Retirement Plan for PilotsUPS 401 (K) Savings Plan, Total assets ($B): 11.31621995 · Participants: 107310UPS 401 (K) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 10.714648719 · Participants: 423174The Home Depot Futurebuilder
Choate Construction Company Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Choate Construction Company Profit Sharing Plan side-by-side with 3 peers →

Choate Construction Company Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Taconic Biosciences, Inc. 401(k) Profit Sharing Plan & Trust in NY ($65M); by covered participants it is Topiderm, Inc. 401(k) Plan in NY (497 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (497 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 Profit Sharing Plan assets move in 2022? ▼
Choate Construction Company Profit Sharing Plan declined sharply - down 17.8% during 2022, from $80M to $65M. Reported net income was -$14M.
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 Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Choate Construction Company Profit Sharing Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Choate Construction Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Taconic Biosciences, Inc. 401(k) Profit Sharing Plan & Trust in NY ($65M, 525 participants).
Which 401(k) plans cover a similar participant headcount to Choate Construction Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Topiderm, Inc. 401(k) Plan in NY (497 participants, $9M 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.