ESOP · DOL Form 5500 · 2023

Basden Steel Corporation ESOP

Data updated 2026-08-25

$40M
Total assets Below avg plan size
389
Participants Below avg headcount
83rd
Percentile by assets National rank
$102,079
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Basden Steel Corp Employee Stock Ownership Plan · Sponsored by Basden Steel Corporation · Texas · Construction

$40M in assets, 389 participants

Basden Steel Corporation's Basden Steel Corp Employee Stock Ownership Plan reported $40M in total assets and 389 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #7,322 in Construction (9,030 peers)

Where Basden Steel Corp Employee Stock Ownership Plan sits by assets

Basden Steel Corp Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $40M for 389 participants (~$102,079/participant), up 19.9% in 2023.

#7,322
in Construction (9,030 peers)
+19.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Basden Steel Corp Employee Stock Ownership Plan's outsized position by total assets

Basden Steel Corp Employee Stock Ownership Plan vs every filed plan by assets

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

$39,708,665 Top 17% higher than 83% 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

Basden Steel Corp Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Basden Steel Corp Employee Stock Ownership Plan sits mid-pack in the medium band (389 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Basden Steel Corp Employee Stock Ownership Plan reported net income rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Basden Steel Corp Employee Stock Ownership Plan end-of-year assets rose from $33M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Basden Steel Corp Employee Stock Ownership Plan reported participants rose from 379 in the plan year 2022 filing to 389 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 752572555 · Basden Steel Corporation PY 2023 · ESOP

Basden Steel Corp Employee Stock Ownership Plan · $40M · 389 · 83rd

  • NET $40M
  • BOOK 389
  • VS-ST 83rd
  • BOY ESOP
  • SCH near Mounds East, Inc. Employee Stock Ownership Plan
  • EBSA ind #7322

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 Texas →

Basden Steel Corp Employee Stock Ownership Plan in the asset neighbourhood

Fund Evaluation Group Employee Stock Ownership PlanFund Evaluation Group Employ…$40MBasden Steel Corp Employee Stock Ownership PlanBasden Steel Corp Employee S…$40MMounds East, Inc. Employee Stock Ownership PlanMounds East, Inc. Employee S…$40MD.L. Evans Bank Employees Stock Ownership Plan and TrustD.L. Evans Bank Employees St…$40MKenneth's Profit Sharing and Retirement PlanKenneth's Profit Sharing and…$40M
End-of-year total assets ($M) among Basden Steel Corp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)-$21M
Net Income$9M
Employer EIN752572555
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basden Steel Corporation)

Sponsor-wide plan assets over time

All Basden Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$54M 34.48332831894975% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $40.1M $53.9M ▲ +34.5%
Year Plans Participants Total Assets
2022 2 819 $40M
2023 2 814 $48M
2024 2 993 $54M

Nearby ESOP Plans in Texas

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

Basden Steel Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -50510152025 Total assets ($B) Participants Basden Steel Corp Employee Stock Ownership Plan, Total assets ($B): 0.039708665 · Participants: 389Basden Steel Corp Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
Basden Steel Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Basden Steel Corp Employee Stock Ownership Plan side-by-side with 3 peers →

Basden Steel Corp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Mounds East, Inc. Employee Stock Ownership Plan in WI ($40M); by covered participants it is Msa Professional Services, Inc. Employee Stock Ownership Plan in WI (389 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (389 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 did Basden Steel Corp Employee Stock Ownership Plan assets move in 2023? ▼
Basden Steel Corp Employee Stock Ownership Plan grew sharply - up 19.9% during 2023, from $33M to $40M. Reported net income was $9M.
How have Basden Steel Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Basden Steel Corporation's sponsor-wide assets grew 34.5%, from $40M to $54M.
Where does Basden Steel Corp Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Basden Steel Corp Employee Stock Ownership Plan ranks in the 83rd 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 Basden Steel Corp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Mounds East, Inc. Employee Stock Ownership Plan in WI ($40M, 22 participants).
Which ESOP plans cover a similar participant headcount to Basden Steel Corp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Msa Professional Services, Inc. Employee Stock Ownership Plan in WI (389 participants, $55M 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 752572555.

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.