ESOP · DOL Form 5500 · 2023

Hillis-Carnes Engineering Associates, Inc. ESOP ESOP

Data updated 2026-08-25

$65M
Total assets Below avg plan size
317
Participants Below avg headcount
88th
Percentile by assets National rank
$206,189
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan · Sponsored by Hillis-Carnes Engineering Associates, Inc. ESOP · Maryland · Professional & Technical Services

$65M in assets, 317 participants

Hillis-Carnes Engineering Associates, Inc. ESOP's Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reported $65M in total assets and 317 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #18,145 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan covers 317 participants in Maryland, about 34% of the average Maryland filer (state average ~929 per filing). Assets: $65M.

#18,145
in Professional & Technical Services (20,321 peers)
+10.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan's outsized position by total assets

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$65,361,874 Top 12% higher than 88% 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

Hillis-Carnes Engineering Associates, Inc. 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. Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (317 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reported net income fell from $12M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan end-of-year assets rose from $59M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reported participants rose from 309 in the plan year 2022 filing to 317 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 521629263 · Hillis-Carnes Engineering Associates, Inc. ESOP PY 2023 · ESOP

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan · $65M · 317 · 88th

  • BOOK $65M
  • VS-ST 317
  • BOY 88th
  • SCH ESOP
  • EBSA near Thielsch Engineering, Inc. Employee Stock Ownership Plan
  • PART ind #18145

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 Maryland →

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan in the asset neighbourhood

The Cummins Construction Company, Inc. Employee Stock Ownership PlanThe Cummins Construction Com…$66MXtek Inc Employee Stock Ownership PlanXtek Inc Employee Stock Owne…$66MDansko Holdings, Inc. Employee Stock Ownership PlanDansko Holdings, Inc. Employ…$65MThielsch Engineering, Inc. Employee Stock Ownership PlanThielsch Engineering, Inc. E…$65MHillis-Carnes Engineering Associates, Inc. Employee Stock Ownership PlanHillis-Carnes Engineering As…$65M
End-of-year total assets ($M) among Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$65M
Net Income$6M
Employer EIN521629263
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hillis-Carnes Engineering Associates, Inc. ESOP)

Sponsor-wide plan assets over time

All Hillis-Carnes Engineering Associates, Inc. ESOP plans reported in each filing year

Latest sponsor-wide plan assets
$102M 25.89310932977905% vs 2022
2024 filing year
$70M$80M$90M$100M$110M 202220232024 $81.1M $102M ▲ +25.9%
Year Plans Participants Total Assets
2022 2 694 $81M
2023 2 726 $91M
2024 2 748 $102M

Nearby ESOP Plans in Maryland

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

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.065361874 · Participants: 317Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership PlanEvapco, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.118445961 · Participants: 1617Evapco, Inc. Employee Stock Ownership PlanWestat, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.406851042 · Participants: 3046Westat, Inc. Employee Stock Ownership PlanKci Technologies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.335744983 · Participants: 1793Kci Technologies, Inc. Employee Stock Ownership PlanBrown Capital Management ESOP, Total assets ($B): 0.320387257 · Participants: 35Brown Capital Management ESOPLockheed Martin Corporation Capital Accumulation Plan, Total assets ($B): 0.267392826 · Participants: 5839Lockheed Martin Corporation Capital Accumulation Plan
Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
Compare Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maryland, the nearest ESOP by assets is Thielsch Engineering, Inc. Employee Stock Ownership Plan in RI ($65M); by covered participants it is Shared Medical Services Employee Stock Ownership Plan in WI (317 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (317 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 Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan grew at a solid clip - up 10.5% during 2023, from $59M to $65M. Reported net income was $6M.
How have Hillis-Carnes Engineering Associates, Inc. ESOP plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hillis-Carnes Engineering Associates, Inc. ESOP's sponsor-wide assets grew 25.9%, from $81M to $102M.
Where does Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan ranks in the 88th 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 Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Thielsch Engineering, Inc. Employee Stock Ownership Plan in RI ($65M, 477 participants).
Which ESOP plans cover a similar participant headcount to Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Shared Medical Services Employee Stock Ownership Plan in WI (317 participants, $86M 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 521629263.

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.