ESOP · DOL Form 5500 · 2023
Sea Engineering, Inc. ESOP
Data updated 2026-08-11
- $19M
- Total assets
- 46
- Participants
- 72nd
- Percentile by assets
- $408,850
- Avg per participant
Official DOL plan name: Sea Engineering, Inc. Employee Stock Ownership Plan · Sponsored by Sea Engineering, Inc. · Hawaii · Professional & Technical Services
$19M in assets, 46 participants
Sea Engineering, Inc.'s Sea Engineering, Inc. Employee Stock Ownership Plan reported $19M in total assets and 46 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.
- 72nd percentile by assets (of 127,072 plans)
- #14,452 in Professional & Technical Services (20,321 peers)
Sea Engineering, Inc. multi-year trail
Sea Engineering, Inc.'s plans moved +25.6% in assets from 2022 to 2024; this filing shows Sea Engineering, Inc. Employee Stock Ownership Plan at $19M / 46 participants.
- $19M
- total plan assets (2023 EOY)
- 46
- covered participants
- 72nd
- percentile by assets (of 127,072 plans)
- $408,850
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sea Engineering, Inc. Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
- Sea Engineering, Inc. Employee Stock Ownership Plan reported participants rose from 41 in the plan year 2022 filing to 46 in the plan year 2023 filing.
- Sea Engineering, Inc. Employee Stock Ownership Plan end-of-year assets fell from $21M in the plan year 2022 filing to $19M in the plan year 2023 filing.
Sea Engineering, Inc. across 3 plan years on file
Across the 3 plan years Sea Engineering, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $21M to $26M, a gain of 25.6%, while reported participants moved from 41 to 53 (+29.3%). Peak year by sponsor assets: 2024 ($26M); trough: 2023 ($19M).
Sea Engineering, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 41 | $21M |
| 2023 | 1 | 46 | $19M |
| 2024 | 1 | 53 | $26M |
Sea Engineering, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $21M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | -$2M |
| Employer EIN | 990153637 |
| Plan Effective Date | 2004-05-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Hawaii
Peer ESOP plans, same state, same plan type, ranked by total assets.
Sea Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants
- Roberts Hawaii, Inc. Employee Stock Ownership Plan $128M · 1,144
- Gpf Life and Health Benefits Co. Employee Stock Ownership Plan $128M · 102
- Bowers & Kubota Consulting, Inc. ESOP $124M · 258
- R. M. Towill Corporation Employee Stock Ownership Plan $116M · 96
- Hpm Building Supply Employee Stock Ownership Plan $100M · 381
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Sea Engineering, Inc. Employee Stock Ownership Plan by total assets, not by location.
- Trust Company of Vermont Employee Stock Ownership Plan (VT) $19M · 43
- Vic's Crane & Heavy Haul, Inc. Employee Stock Ownership Plan (MN) $19M · 44
- Employee Stock Ownership Plan & Trust for the Employees of Earthbalance Corporation (FL) $19M · 63
- Conrad Fire Equipment Employee Stock Ownership Plan (KS) $19M · 26
Frequently Asked Questions
How did Sea Engineering, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
How have Sea Engineering, Inc. plan assets changed over time? ▼
Which ESOP plans are similar in size to Sea Engineering, Inc. Employee Stock Ownership Plan? ▼
Next read for Sea Engineering, Inc. Employee Stock Own…
Multi-year trail
Ways to act on Sea Engineering, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Sea Engineering, 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 Hawaii. Compare plans
- Sea Engineering, Inc.'s sponsor-wide assets have grown 25.6% since 2022 across 3 plan years on file. More Professional & Technical Services plans