ESOP · DOL Form 5500 · 2023

Hammers Construction, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
50
Participants Small participant base
57th
Percentile by assets National rank
$186,783
Avg per participant Above avg balance/head
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Official DOL plan name: Hammers Construction, Inc. Employee Stock Ownership Plan · Sponsored by Hammers Construction, Inc. · Minnesota · Construction

$9M in assets, 50 participants

Hammers Construction, Inc.'s Hammers Construction, Inc. Employee Stock Ownership Plan reported $9M in total assets and 50 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #5,015 in Construction (9,030 peers)

Hammers Construction, Inc. multi-year trail

Hammers Construction, Inc.'s plans moved +38.7% in assets from 2022 to 2024; this filing shows Hammers Construction, Inc. Employee Stock Ownership Plan at $9M / 50 participants.

#5,015
in Construction (9,030 peers)
+28.2%
assets growth YoY

Hammers Construction, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,339,141 Top 43% higher than 57% of 127,068 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 2023

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

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hammers Construction, Inc. Employee Stock Ownership Plan is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hammers Construction, Inc. Employee Stock Ownership Plan reported net income rose from -$128K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Hammers Construction, Inc. Employee Stock Ownership Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Hammers Construction, Inc. Employee Stock Ownership Plan reported participants rose from 46 in the plan year 2022 filing to 50 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 411235611 · Hammers Construction, Inc. PY 2023 · ESOP

Hammers Construction, Inc. Employee Stock Ownership Plan · $9M · 50 · 57th

  • EBSA $9M
  • EBSA 50
  • EBSA 57th
  • EBSA ESOP
  • EBSA near Nicklas Supply, Inc. Employee Stock Ownership Plan
  • EBSA ind #5015

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 Minnesota →

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

Ultara Holdings, Inc. Employee Stock Ownership PlanUltara Holdings, Inc. Employ…$9MNicklas Supply, Inc. Employee Stock Ownership PlanNicklas Supply, Inc. Employe…$9MThe Northridge Group, Inc. Employee Stock Ownership PlanThe Northridge Group, Inc. E…$9MHammers Construction, Inc. Employee Stock Ownership PlanHammers Construction, Inc. E…$9MTaylors Oilfield Manufacturing Inc Employee Stock Ownership PlanTaylors Oilfield Manufacturi…$9M
End-of-year total assets ($M) among Hammers Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Hammers Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$10M 38.65393737619522% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $7.29M $10.1M ▲ +38.5%
Year Plans Participants Total Assets
2022 1 46 $7M
2023 1 50 $9M
2024 1 58 $10M

Hammers Construction, Inc. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$2M
Net Income$2M
Employer EIN411235611
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Hammers Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Hammers Construction, Inc. Employee Stock Ownership Plan, Total assets ($M): 9.339141 · Participants: 50Hammers Construction, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Hammers Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Hammers Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Nicklas Supply, Inc. Employee Stock Ownership Plan in PA ($9M); by covered participants it is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hammers Construction, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Hammers Construction, Inc. Employee Stock Ownership Plan grew sharply - up 28.2% during 2023, from $7M to $9M. Reported net income was $2M.
How have Hammers Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hammers Construction, Inc.'s sponsor-wide assets grew 38.7%, from $7M to $10M.
Which ESOP plans are similar in size to Hammers Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Nicklas Supply, Inc. Employee Stock Ownership Plan in PA ($9M, 55 participants).
Which ESOP plans cover a similar participant headcount to Hammers Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Tc Federal Bank Employee Stock Ownership Plan in GA (50 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411235611.

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.