401(k) · DOL Form 5500 · 2023

Choate Construction Company 401(k) Plan

Data updated 2026-08-11

$77M
Total assets
544
Participants
89th
Percentile by assets
$141,849
Avg per participant
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Official DOL plan name: Choate Construction Company Profit Sharing Plan · Sponsored by Choate Construction Company · Georgia · Construction

$77M in assets, 544 participants

Choate Construction Company's Choate Construction Company Profit Sharing Plan reported $77M in total assets and 544 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #7,894 in Construction (9,030 peers)

Coverage in Georgia

Choate Construction Company Profit Sharing Plan covers 544 participants in Georgia, about 50% of the average Georgia filer (state average ~1,096 per filing). Assets: $77M.

$77M
total plan assets (2023 EOY)
544
covered participants
89th
percentile by assets (of 127,072 plans)
$141,849
avg assets per participant

Where Choate Construction Company Profit Sharing Plan sits by total assets

Choate Construction Company Profit Sharing Plan vs every filed plan by assets

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

$77,165,891 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Choate Construction Company Profit Sharing Plan reported net income rose from -$14M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Choate Construction Company Profit Sharing Plan end-of-year assets rose from $65M in the plan year 2022 filing to $77M in the plan year 2023 filing.
  • Choate Construction Company Profit Sharing Plan reported participants rose from 497 in the plan year 2022 filing to 544 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Georgia
Industry
Construction

Participants vs Georgia filers

In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Choate Construction Company Profit Sharing Plan reports 544 participants - about 50% of that state average ($77M EOY assets).

Georgia filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$77M
Net Income$12M
Employer EIN581851823
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Choate Construction Company)

$300M$400M$500M$600M$700M 202220232024 $381M $637M ▲ +67.0%
Total plan assets by year, all Choate Construction Company plans on file
Year Plans Participants Total Assets
2022 2 921 $381M
2023 2 998 $485M
2024 2 1,057 $637M

Nearby 401(k) Plans in Georgia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Choate Construction Company Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Choate Construction …, Total assets ($B): 0.077165891 · Participants: 544Choate Construction …The Teamster - UPS N…, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS N…Delta 401(k) Retirem…, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirem…Delta 401(k) Retirem…, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirem…UPS 401(k) Savings P…, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings P…The Home Depot Futur…, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futur…
Choate Construction Company Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Choate Construction Company Profit Shari… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Choate Construction Company Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Choate Construction Company Profit Sharing Plan assets move in 2023? ▼
Choate Construction Company Profit Sharing Plan grew sharply - up 17.9% during 2023, from $65M to $77M. Reported net income was $12M.
How have Choate Construction Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Choate Construction Company's sponsor-wide assets grew 67.0%, from $381M to $637M.
Where does Choate Construction Company Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Choate Construction Company Profit Sharing Plan ranks in the 89th 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 401(k) plans are similar in size to Choate Construction Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ll Flooring Holdings, Inc. 401(k) & Profit Sharing Plan in VA ($77M, 2,078 participants).

Next read for Choate Construction Company Profit Shari…

Filing takeaways

Ways to act on Choate Construction Company Profit Sharing Plan's numbers.

  • By total assets, Choate Construction Company Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Georgia. Compare plans
  • Choate Construction Company's sponsor-wide assets have grown 67.0% since 2022 across 3 plan years on file. More Construction 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 581851823.

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.