401(k) · DOL Form 5500 · 2023

Choate Construction Company 401(k) Plan

Data updated 2026-08-25

$77M
Total assets Below avg plan size
544
Participants Below avg headcount
89th
Percentile by assets National rank
$141,849
Avg per participant Near avg balance/head
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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.

  • #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.

#7,894
in Construction (9,030 peers)
+17.9%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Choate Construction Company Profit Sharing Plan's outsized position 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 $2,050,000,000 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

Choate Construction Company Profit Sharing 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. Choate Construction Company Profit Sharing Plan sits mid-pack in the medium band (544 participants).

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 →

Plan-year Form 5500 strip

Filing strip 581851823 · Choate Construction Company PY 2023 · 401(k)

Choate Construction Company Profit Sharing Plan · $77M · 544 · 89th

  • 5500 $77M
  • ASSETS 544
  • PCT 89th
  • EIN 401(k)
  • RANK near Ll Flooring Holdings, Inc. 401(k) & Profit Sharing Plan
  • PHOTO ind #7894

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 Construction retirement plans → · Plans in Georgia →

Choate Construction Company Profit Sharing Plan in the asset neighbourhood

Choate Construction Company Profit Sharing PlanChoate Construction Company …$77MLl Flooring Holdings, Inc. 401(k) & Profit Sharing PlanLl Flooring Holdings, Inc. 4…$77MBurlingame Industries 401(k) and Profit Sharing Retirement PlanBurlingame Industries 401(k)…$77MFirst Foundation Inc. Retirement PlanFirst Foundation Inc. Retire…$77MBaxter & Woodman 401(k) Retirement Savings PlanBaxter & Woodman 401(k) Reti…$77M
End-of-year total assets ($M) among Choate Construction Company Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Choate Construction Company plans reported in each filing year

Latest sponsor-wide plan assets
$637M 67.03327969225776% vs 2022
2024 filing year
$300M$400M$500M$600M$700M 202220232024 $381M $637M ▲ +67.0%
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 ($B) Participants Choate Construction Company Profit Sharing Plan, Total assets ($B): 0.077165891 · Participants: 544Choate Construction Company Profit Sharing PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Choate Construction Company Profit Sharing Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Choate Construction Company Profit Sharing Plan side-by-side with 3 peers →

Choate Construction Company Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Ll Flooring Holdings, Inc. 401(k) & Profit Sharing Plan in VA ($77M); by covered participants it is We Employees' 401(k) Cash or Deferred Retirement Plan in WA (544 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (544 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 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).
Which 401(k) plans cover a similar participant headcount to Choate Construction Company Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is We Employees' 401(k) Cash or Deferred Retirement Plan in WA (544 participants, $97M 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 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.