ESOP · DOL Form 5500 · 2023

Van Boerum & Frank Associates, Inc. ESOP

Data updated 2026-08-11

$14M
Total assets
106
Participants
66th
Percentile by assets
$133,940
Avg per participant
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Official DOL plan name: Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan · Sponsored by Van Boerum & Frank Associates, Inc. · Utah · Professional & Technical Services

$14M in assets, 106 participants

Van Boerum & Frank Associates, Inc.'s Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan reported $14M in total assets and 106 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)
  • #13,283 in Professional & Technical Services (20,321 peers)

Coverage in Utah

Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan covers 106 participants in Utah, about 18% of the average Utah filer (state average ~592 per filing). Assets: $14M.

$14M
total plan assets (2023 EOY)
106
covered participants
66th
percentile by assets (of 127,072 plans)
$133,940
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan reported participants fell from 110 in the plan year 2022 filing to 106 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Utah filers

In Utah, the average filing covers about 592 participants across 1,280 plans. Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan reports 106 participants - about 18% of that state average ($14M EOY assets).

Utah filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$6M
Employer EIN870292348
Plan Effective Date2018-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Van Boerum & Frank Associates, Inc.)

$16M$18M$20M$22M$24M$26M 202220232024 $18.2M $23.7M ▲ +30.6%
Total plan assets by year, all Van Boerum & Frank Associates, Inc. plans on file
Year Plans Participants Total Assets
2022 2 231 $18M
2023 2 239 $24M
2024 2 256 $24M

Nearby ESOP Plans in Utah

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

Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants

Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants Scatter plot of 6 data points. -2000200400600800 050100150 Total assets ($M) Participants Van Boerum & Frank A…Whitaker Constructio…Jacobsen Constructio…Rocky Mountain Atv, …Fj Management Inc. E…Central Milling Empl…
Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Utah, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan assets move in 2023?
Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan surged - up 65.2% during 2023, from $9M to $14M. Reported net income was $6M.
How have Van Boerum & Frank Associates, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Van Boerum & Frank Associates, Inc.'s sponsor-wide assets grew 30.6%, from $18M to $24M.
Which ESOP plans are similar in size to Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Foodpro Corporation Employee Stock Ownership Plan in MD ($14M, 53 participants).

Next read for Van Boerum & Frank Associates, Inc. Empl…

Filing takeaways

Ways to act on Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan's numbers.