ESOP · DOL Form 5500 · 2023

Hillis-Carnes Engineering Associates, Inc. ESOP ESOP

Data updated 2026-08-11

$65M
Total assets
317
Participants
88th
Percentile by assets
$206,189
Avg per participant
PlainRetire home → About this data

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.

  • 88th percentile by assets (of 127,072 plans)
  • #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.

$65M
total plan assets (2023 EOY)
317
covered participants
88th
percentile by assets (of 127,072 plans)
$206,189
avg assets per participant

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 →

Participants vs Maryland filers

In Maryland, the average filing covers about 929 participants across 2,484 plans. Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reports 317 participants - about 34% of that state average ($65M EOY assets).

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)

$70M$80M$90M$100M$110M 202220232024 $81.1M $102M ▲ +25.9%
Total plan assets by year, all Hillis-Carnes Engineering Associates, Inc. ESOP plans on file
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

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 Engine…Evapco, Inc. Employe…Westat, Inc. Employe…Kci Technologies, In…Brown Capital Manage…Lockheed Martin Corp…
Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Hillis-Carnes Engineering Associates, In…

Filing takeaways

Ways to act on Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan's numbers.