ESOP · DOL Form 5500 · 2023

David Volkert & Associates, Inc. ESOP

Data updated 2026-08-11

$127M
Total assets: 909
Participants: 93rd
Percentile by assets: $139,550
Avg per participant

Official DOL plan name: Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub · Sponsored by David Volkert & Associates, Inc. · Alabama · Professional & Technical Services

$127M in assets, 909 participants

David Volkert & Associates, Inc.'s Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub reported $127M in total assets and 909 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#19,093 in Professional & Technical Services (20,321 peers)

Coverage in Alabama

Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub covers 909 participants in Alabama, 2.5x the typical Alabama plan (state average ~360 per filing). Assets: $127M.

$127M
total plan assets (2023 EOY): 909
covered participants: 93rd
percentile by assets (of 127,072 plans): $139,550
avg assets per participant

Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub reported net income rose from -$3M in the plan year 2022 filing to $17M in the plan year 2023 filing.
Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub end-of-year assets rose from $110M in the plan year 2022 filing to $127M in the plan year 2023 filing.
Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub reported participants rose from 886 in the plan year 2022 filing to 909 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Alabama

Industry

Professional & Technical Services

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub reports 909 participants - 2.5x that state average ($127M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)	$110M
Net Assets (End of Year)	$127M
Net Income	$17M
Employer EIN	630703075
Plan Effective Date	1975-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (David Volkert & Associates, Inc.)

Total plan assets by year, all David Volkert & Associates, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,967	$184M
2023	2	2,081	$218M
2024	2	2,264	$288M

Nearby ESOP Plans in Alabama

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

Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub vs. nearby ESOP plans in Alabama, assets vs. participants

Starfish Holdings, Inc. Employee Stock Ownership Plan $470M · 1,360
Inline Electric Employee Stock Ownership Plan $196M · 287
Radiance Technologies, Inc. Employee Stock Ownership Plan $168M · 874
Signature Homes Employee Stock Ownership Plan $168M · 123
Pinnacle Solutions, Inc. Employee Stock Ownership Plan $107M · 293

Compare Employee Stock Ownership Plan for Employ… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub by total assets, not by location.

Gray, Inc. Employee Stock Ownership Plan (KY) $127M · 1,362
Gulf Coast Bank & Trust Company Employee Stock Ownership Plan (LA) $126M · 820
Polyguard Products, Inc. Employee Stock Ownership Plan (TX) $126M · 139
Gpf Life and Health Benefits Co. Employee Stock Ownership Plan (HI) $128M · 102

Frequently Asked Questions

How did Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub assets move in 2023? ▼

Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub grew sharply - up 15.8% during 2023, from $110M to $127M. Reported net income was $17M.

How have David Volkert & Associates, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), David Volkert & Associates, Inc.'s sponsor-wide assets grew 56.7%, from $184M to $288M.

Where does Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub rank by assets among Form 5500 filers? ▼

Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub ranks in the 93rd 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 Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub? ▼

Among ESOP plans in other states, the closest by assets is Gray, Inc. Employee Stock Ownership Plan in KY ($127M, 1,362 participants).

Next read for Employee Stock Ownership Plan for Employ…

Filing takeaways

Ways to act on Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub's numbers.

By total assets, Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and Sub 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 Alabama. Compare plans
David Volkert & Associates, Inc.'s sponsor-wide assets have grown 56.7% since 2022 across 3 plan years on file. More Professional & Technical Services 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 630703075.