ESOP · DOL Form 5500 · 2023

R.S. Hughes Company, Inc. ESOP

Data updated 2026-08-11

$187M
Total assets: 590
Participants: 94th
Percentile by assets: $316,967
Avg per participant

Official DOL plan name: R.S. Hughes Company, Inc. Employee Stock Ownership Plan · Sponsored by R.S. Hughes Company, Inc. · California · Manufacturing

$187M in assets, 590 participants

R.S. Hughes Company, Inc.'s R.S. Hughes Company, Inc. Employee Stock Ownership Plan reported $187M in total assets and 590 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#17,112 in Manufacturing (18,722 peers)

Where R.S. Hughes Company, Inc. Employee Stock Ownership Plan sits by assets

R.S. Hughes Company, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $187M for 590 participants (~$316,967/participant), up 3.0% in 2023.

$187M
total plan assets (2023 EOY): 590
covered participants: 94th
percentile by assets (of 127,072 plans): $316,967
avg assets per participant

R.S. Hughes Company, Inc. Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2022 filing to $6M in the plan year 2023 filing.
R.S. Hughes Company, Inc. Employee Stock Ownership Plan reported participants fell from 621 in the plan year 2022 filing to 590 in the plan year 2023 filing.
R.S. Hughes Company, Inc. Employee Stock Ownership Plan end-of-year assets rose from $181M in the plan year 2022 filing to $187M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Manufacturing

R.S. Hughes Company, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, R.S. Hughes Company, Inc. Employee Stock Ownership Plan outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$181M
Net Assets (End of Year)	$187M
Net Income	$6M
Employer EIN	951943801
Plan Effective Date	1976-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (R.S. Hughes Company, Inc.)

Total plan assets by year, all R.S. Hughes Company, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,134	$235M
2023	3	1,673	$441M
2024	1	618	$62M

Nearby ESOP Plans in California

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

R.S. Hughes Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Parsons Employee Stock Ownership Plan $3.8B · 7,871
Acco Employee Stock Ownership Plan $1.4B · 1,397
Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
Agron, Inc. Employee Stock Ownership Plan $533M · 72
Recology Employee Stock Ownership Plan $497M · 3,656

Compare R.S. Hughes Company, Inc. Employee Stock… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to R.S. Hughes Company, Inc. Employee Stock Ownership Plan by total assets, not by location.

Lane Enterprises Holdings, Inc. Employee Stock Ownership Plan (PA) $188M · 404
Scott Electric Company Employee Stock Ownership Plan (PA) $188M · 442
Employee Stock Ownership Plan of the Bank of New York Company, Inc. (PA) $185M · 2,497
Manson Construction Co. Non-Craft Employee Stock Ownership Plan (WA) $183M · 310

Frequently Asked Questions

How did R.S. Hughes Company, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

R.S. Hughes Company, Inc. Employee Stock Ownership Plan edged up modestly - up 3.0% during 2023, from $181M to $187M. Reported net income was $6M.

How have R.S. Hughes Company, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), R.S. Hughes Company, Inc.'s sponsor-wide assets declined 73.6%, from $235M to $62M.

Where does R.S. Hughes Company, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

R.S. Hughes Company, Inc. Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to R.S. Hughes Company, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Lane Enterprises Holdings, Inc. Employee Stock Ownership Plan in PA ($188M, 404 participants).

Next read for R.S. Hughes Company, Inc. Employee Stock…

Scale reading

Ways to act on R.S. Hughes Company, Inc. Employee Stock Ownership Plan's numbers.

By total assets, R.S. Hughes Company, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
R.S. Hughes Company, Inc.'s sponsor-wide assets have declined 73.6% since 2022 across 3 plan years on file. More Manufacturing plans

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 951943801.