ESOP · DOL Form 5500 · 2022

Binkley & Barfield, Inc. ESOP

Data updated 2026-08-11

$6M
Total assets
204
Participants
55th
Percentile by assets
$30,463
Avg per participant
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Official DOL plan name: Binkley & Barfield, Inc. Profit Sharing Plan · Sponsored by Binkley & Barfield, Inc. · Texas · Construction

$6M in assets, 204 participants

Binkley & Barfield, Inc.'s Binkley & Barfield, Inc. Profit Sharing Plan reported $6M in total assets and 204 participants in its 2022 DOL Form 5500 filing, ranking in the 55th 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.

  • 55th percentile by assets (of 139,126 plans)
  • #5,430 in Construction (9,927 peers)

Coverage in Texas

Binkley & Barfield, Inc. Profit Sharing Plan covers 204 participants in Texas, about 30% of the average Texas filer (state average ~688 per filing). Assets: $6M.

$6M
total plan assets (2022 EOY)
204
covered participants
55th
percentile by assets (of 139,126 plans)
$30,463
avg assets per participant

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Binkley & Barfield, Inc. Profit Sharing Plan sits by total assets

Binkley & Barfield, Inc. Profit Sharing Plan vs every filed plan by assets

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

$6,214,523 Top 45% higher than 55% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Binkley & Barfield, Inc. Profit Sharing Plan reports 204 participants - about 30% of that state average ($6M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$6M
Net Income-$6M
Employer EIN741701559
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Binkley & Barfield, Inc.)

$0M$2M$4M$6M$8M 202220232024 $6.21M $1.53M ▼ -75.4%
Total plan assets by year, all Binkley & Barfield, Inc. plans on file
Year Plans Participants Total Assets
2022 2 441 $6M
2023 1 207 $6M
2024 1 N/A $2M

Nearby ESOP Plans in Texas

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

Binkley & Barfield, Inc. Profit Sharing Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -50510152025 Total assets ($B) Participants Binkley & Barfield, …, Total assets ($B): 0.006214523 · Participants: 204Binkley & Barfield, …Sammons Enterprises,…, Total assets ($B): 20.550345006 · Participants: 2620Sammons Enterprises,…Highland Homes Emplo…, Total assets ($B): 0.519630506 · Participants: 690Highland Homes Emplo…Cactus Feeders, Inc.…, Total assets ($B): 0.495132236 · Participants: 818Cactus Feeders, Inc.…Austin Industries Em…, Total assets ($B): 0.421653441 · Participants: 5325Austin Industries Em…Lja Engineering ESOP, Total assets ($B): 0.352817177 · Participants: 1298Lja Engineering ESOP
Binkley & Barfield, Inc. Profit Sharing Plan vs. nearby ESOP plans in Texas, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Binkley & Barfield, Inc. Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Binkley & Barfield, Inc. Profit Sharing Plan assets move in 2022?
Binkley & Barfield, Inc. Profit Sharing Plan contracted severely - down 51.0% during 2022, from $13M to $6M. Reported net income was -$6M.
How have Binkley & Barfield, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Binkley & Barfield, Inc.'s sponsor-wide assets declined 75.4%, from $6M to $2M.
Which ESOP plans are similar in size to Binkley & Barfield, Inc. Profit Sharing Plan?
Among ESOP plans in other states, the closest by assets is Rjm Sales, Inc. Employee Stock Ownership Plan in NJ ($6M, 16 participants).

Next read for Binkley & Barfield, Inc. Profit Sharing …

Filing takeaways

Ways to act on Binkley & Barfield, Inc. Profit Sharing Plan's numbers.