ESOP · DOL Form 5500 · 2023

Harman Construction, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
51
Participants Small participant base
51st
Percentile by assets National rank
$136,708
Avg per participant Near avg balance/head
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Official DOL plan name: Harman Construction, Inc. Employee Stock Ownership Plan · Sponsored by Harman Construction, Inc. · Virginia · Construction

$7M in assets, 51 participants

Harman Construction, Inc.'s Harman Construction, Inc. Employee Stock Ownership Plan reported $7M in total assets and 51 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

  • #4,444 in Construction (9,030 peers)

Harman Construction, Inc. multi-year trail

Harman Construction, Inc.'s plans moved +38.6% in assets from 2022 to 2024; this filing shows Harman Construction, Inc. Employee Stock Ownership Plan at $7M / 51 participants.

#4,444
in Construction (9,030 peers)
+9.2%
assets growth YoY

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

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

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

$6,972,129 Top 49% higher than 51% 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

Harman 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. Harman Construction, Inc. Employee Stock Ownership Plan is a small filing (51 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Harman Construction, Inc. Employee Stock Ownership Plan reported net income rose from $71K in the plan year 2022 filing to $997K in the plan year 2023 filing.
  • Harman Construction, Inc. Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Harman Construction, Inc. Employee Stock Ownership Plan reported participants fell from 53 in the plan year 2022 filing to 51 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 540569427 · Harman Construction, Inc. PY 2023 · ESOP

Harman Construction, Inc. Employee Stock Ownership Plan · $7M · 51 · 51st

  • TYPE $7M
  • TYPE 51
  • TYPE 51st
  • TYPE ESOP
  • TYPE near Mid-South Lumber Company of Georgia, Inc. Employee Stock Ownership Plan
  • TYPE ind #4444

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 Virginia →

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

Doug Smith Production Consultants, Inc. Employee Stock Ownership PlanDoug Smith Production Consul…$7MHarman Construction, Inc. Employee Stock Ownership PlanHarman Construction, Inc. Em…$7MMid-South Lumber Company of Georgia, Inc. Employee Stock Ownership PlanMid-South Lumber Company of …$7MMarshall Financial Group, Inc. Employee Stock Ownership PlanMarshall Financial Group, In…$7MHhc Employee Stock Ownership PlanHhc Employee Stock Ownership…$7M
End-of-year total assets ($M) among Harman Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Harman Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$9M 38.59483811499381% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.39M $8.85M ▲ +38.5%
Year Plans Participants Total Assets
2022 1 53 $6M
2023 1 51 $7M
2024 1 51 $9M

Harman Construction, Inc. filing trail (2023)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$3M
Net Income$997K
Employer EIN540569427
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

Harman Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Harman Construction, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.006972129 · Participants: 51Harman Construction, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
Harman Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Harman Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest ESOP by assets is Mid-South Lumber Company of Georgia, Inc. Employee Stock Ownership Plan in GA ($7M); by covered participants it is Osb Community Bank Employee Stock Ownership Plan in IL (51 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (51 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 Harman Construction, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Harman Construction, Inc. Employee Stock Ownership Plan grew at a solid clip - up 9.2% during 2023, from $6M to $7M. Reported net income was $997K.
How have Harman Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Harman Construction, Inc.'s sponsor-wide assets grew 38.6%, from $6M to $9M.
Which ESOP plans are similar in size to Harman Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mid-South Lumber Company of Georgia, Inc. Employee Stock Ownership Plan in GA ($7M, 30 participants).
Which ESOP plans cover a similar participant headcount to Harman Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Osb Community Bank Employee Stock Ownership Plan in IL (51 participants, $3M 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 540569427.

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.