401(k) · DOL Form 5500 · 2023

Hoy Construction, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
35
Participants Small participant base
69th
Percentile by assets National rank
$464,261
Avg per participant High balance/head
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Official DOL plan name: Hoy Construction, Inc. Employee Stock Ownership Plan · Sponsored by Hoy Construction, Inc. · Virginia · Construction

$16M in assets, 35 participants

Hoy Construction, Inc.'s Hoy Construction, Inc. Employee Stock Ownership Plan reported $16M in total assets and 35 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,084 in Construction (9,030 peers)

Hoy Construction, Inc. multi-year trail

Hoy Construction, Inc.'s plans moved +11.5% in assets from 2022 to 2024; this filing shows Hoy Construction, Inc. Employee Stock Ownership Plan at $16M / 35 participants.

#6,084
in Construction (9,030 peers)
+0.4%
assets growth YoY

Hoy Construction, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$16,249,146 Top 31% higher than 69% 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

Hoy 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. Hoy Construction, Inc. Employee Stock Ownership Plan is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hoy Construction, Inc. Employee Stock Ownership Plan reported net income rose from -$574K in the plan year 2022 filing to $58K in the plan year 2023 filing.
  • Hoy Construction, Inc. Employee Stock Ownership Plan reported participants rose from 34 in the plan year 2022 filing to 35 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 540696919 · Hoy Construction, Inc. PY 2023 · 401(k)

Hoy Construction, Inc. Employee Stock Ownership Plan · $16M · 35 · 69th

  • NET $16M
  • NET 35
  • NET 69th
  • NET 401(k)
  • NET near Tri Star Engineering Inc. 401(k) Profit Sharing Plan
  • NET ind #6084

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 Virginia →

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

Hoy Construction, Inc. Employee Stock Ownership PlanHoy Construction, Inc. Emplo…$16MTri Star Engineering Inc. 401(k) Profit Sharing PlanTri Star Engineering Inc. 40…$16MTaylor Metal Products Company Profit Sharing 401(k) Plan and TrustTaylor Metal Products Compan…$16MIhcc 401(k) Retirement Plan$16MCitizens National Bank of Greater St. Louis 401(k) Profit Sharing PlanCitizens National Bank of Gr…$16M
End-of-year total assets ($M) among Hoy Construction, Inc. Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hoy Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$18M 11.514308277310908% vs 2022
2024 filing year
$16M$17M$18M$19M 202220232024 $16.2M $18.1M ▲ +11.6%
Year Plans Participants Total Assets
2022 1 34 $16M
2023 1 35 $16M
2024 1 32 $18M

Hoy Construction, Inc. filing trail (2023)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$16M
Net Income$58K
Employer EIN540696919
Plan Effective Date1974-12-20
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Hoy Construction, Inc. Employee Stock Ownership Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Hoy Construction, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.016249146 · Participants: 35Hoy Construction, Inc. Employee Stock Ownership PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Hoy Construction, Inc. Employee Stock Ownership Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Hoy Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Hoy Construction, Inc. Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Tri Star Engineering Inc. 401(k) Profit Sharing Plan in IN ($16M); by covered participants it is Little - Morris, LLP Profit Sharing Plan in ID (35 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (35 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 Hoy Construction, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Hoy Construction, Inc. Employee Stock Ownership Plan held essentially flat - up 0.4% during 2023, from $16M to $16M. Reported net income was $58K.
How have Hoy Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hoy Construction, Inc.'s sponsor-wide assets grew 11.5%, from $16M to $18M.
Which 401(k) plans are similar in size to Hoy Construction, Inc. Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tri Star Engineering Inc. 401(k) Profit Sharing Plan in IN ($16M, 257 participants).
Which 401(k) plans cover a similar participant headcount to Hoy Construction, Inc. Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Little - Morris, LLP Profit Sharing Plan in ID (35 participants, $12M 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 540696919.

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.