ESOP · DOL Form 5500 · 2023
West Union Trenching ESOP
Data updated 2026-08-11
- $14M
- Total assets
- 76
- Participants
- 66th
- Percentile by assets
- $185,750
- Avg per participant
Official DOL plan name: West Union Trenching, Inc. Employee Stock Ownership Plan · Sponsored by West Union Trenching · Iowa · Construction
$14M in assets, 76 participants
West Union Trenching's West Union Trenching, Inc. Employee Stock Ownership Plan reported $14M in total assets and 76 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.
- 66th percentile by assets (of 127,072 plans)
- #5,839 in Construction (9,030 peers)
West Union Trenching multi-year trail
West Union Trenching's plans moved +379.9% in assets from 2022 to 2024; this filing shows West Union Trenching, Inc. Employee Stock Ownership Plan at $14M / 76 participants.
- $14M
- total plan assets (2023 EOY)
- 76
- covered participants
- 66th
- percentile by assets (of 127,072 plans)
- $185,750
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- West Union Trenching, Inc. Employee Stock Ownership Plan reported net income rose from -$204K in the plan year 2022 filing to $6M in the plan year 2023 filing.
- West Union Trenching, Inc. Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2022 filing to $14M in the plan year 2023 filing.
- West Union Trenching, Inc. Employee Stock Ownership Plan reported participants rose from 63 in the plan year 2022 filing to 76 in the plan year 2023 filing.
West Union Trenching across 3 plan years on file
Across the 3 plan years West Union Trenching has on file (2022-2024), sponsor-wide plan assets have moved from $8M to $41M, a gain of 379.9%, while reported participants moved from 63 to 86 (+36.5%). Peak year by sponsor assets: 2024 ($41M); trough: 2022 ($8M).
West Union Trenching multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 63 | $8M |
| 2023 | 1 | 76 | $14M |
| 2024 | 1 | 86 | $41M |
West Union Trenching filing trail (2023)
| Total Assets (Beginning of Year) | $8M |
|---|---|
| Net Assets (End of Year) | $6M |
| Net Income | $6M |
| Employer EIN | 204930359 |
| Plan Effective Date | 2022-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Iowa
Peer ESOP plans, same state, same plan type, ranked by total assets.
West Union Trenching, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants
- Employee Owned Brands, Inc. Employee Stock Ownership Plan $864M · 802
- Van Meter Industrial, Inc. Employee Stock Ownership Plan $596M · 801
- Precision, Inc. Employee Stock Ownership Plan and Trust $438M · 667
- Ita Group Holdings, Inc. Employees' Stock Ownership Plan $428M · 771
- Vgm Group, Inc. Employee Stock Ownership Plan $406M · 1,070
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to West Union Trenching, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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How have West Union Trenching plan assets changed over time? ▼
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Multi-year trail
Ways to act on West Union Trenching, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, West Union Trenching, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
- West Union Trenching's sponsor-wide assets have grown 379.9% since 2022 across 3 plan years on file. More Construction plans