ESOP · DOL Form 5500 · 2023

Brait Builders Corporation ESOP

Data updated 2026-08-11

$35M
Total assets
18
Participants
81st
Percentile by assets
$1.9M
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Brait Builders Corporation Employee Stock Ownership Plan · Sponsored by Brait Builders Corporation · Massachusetts · Construction

$35M in assets, 18 participants

Brait Builders Corporation's Brait Builders Corporation Employee Stock Ownership Plan reported $35M in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 127,072 plans)
  • #7,195 in Construction (9,030 peers)

Where Brait Builders Corporation Employee Stock Ownership Plan sits by assets

Brait Builders Corporation Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $35M for 18 participants (~$1.9M/participant), up 42.0% in 2023.

$35M
total plan assets (2023 EOY)
18
covered participants
81st
percentile by assets (of 127,072 plans)
$1.9M
avg assets per participant

Where Brait Builders Corporation Employee Stock Ownership Plan sits by total assets

Brait Builders Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$35,013,734 Top 19% higher than 81% of 127,068 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Brait Builders Corporation Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Brait Builders Corporation Employee Stock Ownership Plan end-of-year assets rose from $25M in the plan year 2022 filing to $35M in the plan year 2023 filing.
  • Brait Builders Corporation Employee Stock Ownership Plan reported participants fell from 19 in the plan year 2022 filing to 18 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Brait Builders Corporation Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Brait Builders Corporation Employee Stock Ownership Plan outranks 81% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$32M
Net Income$10M
Employer EIN043200597
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Brait Builders Corporation)

$0M$10M$20M$30M$40M 202220232024 $24.7M $5.23M ▼ -78.8%
Total plan assets by year, all Brait Builders Corporation plans on file
Year Plans Participants Total Assets
2022 1 19 $25M
2023 1 18 $35M
2024 1 20 $5M

Nearby ESOP Plans in Massachusetts

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

Brait Builders Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 0200400600800 Total assets ($M) Participants Brait Builders Corpo…, Total assets ($M): 35.013734 · Participants: 18Brait Builders Corpo…Consigli Building Gr…, Total assets ($M): 611.879597 · Participants: 1511Consigli Building Gr…The Gillette Company…, Total assets ($M): 349.164775 · Participants: 174The Gillette Company…Shawmut Group Employ…, Total assets ($M): 274.195602 · Participants: 716Shawmut Group Employ…First Amended and Re…, Total assets ($M): 244.511447 · Participants: 641First Amended and Re…Eastern Bank Employe…, Total assets ($M): 213.345202 · Participants: 1778Eastern Bank Employe…
Brait Builders Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Brait Builders Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Brait Builders Corporation Employee Stock Ownership Plan assets move in 2023?
Brait Builders Corporation Employee Stock Ownership Plan surged - up 42.0% during 2023, from $25M to $35M. Reported net income was $10M.
How have Brait Builders Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Brait Builders Corporation's sponsor-wide assets declined 78.8%, from $25M to $5M.
Where does Brait Builders Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Brait Builders Corporation Employee Stock Ownership Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Brait Builders Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Pems Employee Stock Ownership Plan in MI ($35M, 119 participants).

Next read for Brait Builders Corporation Employee Stoc…

Scale reading

Ways to act on Brait Builders Corporation Employee Stock Ownership Plan's numbers.

  • By total assets, Brait Builders Corporation Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Massachusetts. Compare plans
  • Brait Builders Corporation's sponsor-wide assets have declined 78.8% since 2022 across 3 plan years on file. More Construction plans