ESOP · DOL Form 5500 · 2023

Phase 2 Development, LLC ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
71
Participants Small participant base
43rd
Percentile by assets National rank
$67,183
Avg per participant Below avg balance/head
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Official DOL plan name: Phase 2 Development, Inc. Employee Stock Ownership Plan · Sponsored by Phase 2 Development, LLC · Oklahoma · Professional & Technical Services

$5M in assets, 71 participants

Phase 2 Development, LLC's Phase 2 Development, Inc. Employee Stock Ownership Plan reported $5M in total assets and 71 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.

  • #8,361 in Professional & Technical Services (20,321 peers)

Phase 2 Development, LLC multi-year trail

Phase 2 Development, LLC's plans moved +40.9% in assets from 2023 to 2024; this filing shows Phase 2 Development, Inc. Employee Stock Ownership Plan at $5M / 71 participants.

#8,361
in Professional & Technical Services (20,321 peers)
-$15M
reported net income

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Phase 2 Development, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Phase 2 Development, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$4,770,000 43rd percentile higher than 43% 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

Phase 2 Development, 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. Phase 2 Development, Inc. Employee Stock Ownership Plan is a small filing (71 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 731533175 · Phase 2 Development, LLC PY 2023 · ESOP

Phase 2 Development, Inc. Employee Stock Ownership Plan · $5M · 71 · 43rd

  • PCT $5M
  • PCT 71
  • PCT 43rd
  • PCT ESOP
  • PCT near Corn Island Shipyard Employee Stock Ownership Plan
  • PCT ind #8361

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 Oklahoma →

Phase 2 Development, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Phase 2 Development, Inc. Employee Stock Ownership PlanPhase 2 Development, Inc. Em…$5MCorn Island Shipyard Employee Stock Ownership PlanCorn Island Shipyard Employe…$5MYea Networks, Inc. Employee Stock Ownership PlanYea Networks, Inc. Employee …$5MTpg the Projects Group, Inc. Employee Stock Ownership PlanTpg the Projects Group, Inc.…$5MHilbers, Inc. Employee Stock Ownership PlanHilbers, Inc. Employee Stock…$5M
End-of-year total assets ($M) among Phase 2 Development, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Phase 2 Development, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Phase 2 Development, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 40.88050314465409% vs 2023
2024 filing year
$4M$5M$6M$7M 20232024 $4.77M $6.72M ▲ +40.9%
Year Plans Participants Total Assets
2023 1 71 $5M
2024 1 67 $7M

Phase 2 Development, LLC filing trail (2023)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$15M
Net Income-$15M
Employer EIN731533175
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Oklahoma

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

Phase 2 Development, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400 Total assets ($M) Participants Phase 2 Development, Inc. Employee Stock Ownership Plan, Total assets ($M): 4.77 · Participants: 71Phase 2 Development, Inc. Employee Stock Ownership PlanLocke Supply Co. Employee Stock Ownership Plan, Total assets ($M): 310.564256 · Participants: 1300Locke Supply Co. Employee Stock Ownership PlanInternational Chemical Company Employee Stock Ownership Plan, Total assets ($M): 232.047343 · Participants: 62International Chemical Company Employee Stock Ownership PlanMetro Builders Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 155.427941 · Participants: 1305Metro Builders Supply, Inc. Employee Stock Ownership PlanBancfirst Corporation Employee Stock Ownership Plan, Total assets ($M): 147.218916 · Participants: 1631Bancfirst Corporation Employee Stock Ownership PlanAberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 118.222563 · Participants: 132Aberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan
Phase 2 Development, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants
Compare Phase 2 Development, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Phase 2 Development, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Oklahoma, the nearest ESOP by assets is Corn Island Shipyard Employee Stock Ownership Plan in IN ($5M); by covered participants it is E80 Holdings, Inc. Employee Stock Ownership Plan in WI (71 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (71 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 have Phase 2 Development, LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Phase 2 Development, LLC's sponsor-wide assets grew 40.9%, from $5M to $7M.
Which ESOP plans are similar in size to Phase 2 Development, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Corn Island Shipyard Employee Stock Ownership Plan in IN ($5M, 39 participants).
Which ESOP plans cover a similar participant headcount to Phase 2 Development, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is E80 Holdings, Inc. Employee Stock Ownership Plan in WI (71 participants, $7M 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 731533175.

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.