ESOP · DOL Form 5500 · 2023

United Contractors, Inc. ESOP

Data updated 2026-08-11

$23M
Total assets: 114
Participants: 75th
Percentile by assets: $199,860
Avg per participant

Official DOL plan name: United Contractors, Inc. Employee Stock Ownership Plan · Sponsored by United Contractors, Inc. · Iowa · Construction

$23M in assets, 114 participants

United Contractors, Inc.'s United Contractors, Inc. Employee Stock Ownership Plan reported $23M in total assets and 114 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

75th percentile by assets (of 127,072 plans)
#6,646 in Construction (9,030 peers)

Coverage in Iowa

United Contractors, Inc. Employee Stock Ownership Plan covers 114 participants in Iowa, about 19% of the average Iowa filer (state average ~609 per filing). Assets: $23M.

$23M
total plan assets (2023 EOY): 114
covered participants: 75th
percentile by assets (of 127,072 plans): $199,860
avg assets per participant

Where United Contractors, Inc. Employee Stock Ownership Plan sits by total assets

United Contractors, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$22,784,037 Top 25% higher than 75% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

United Contractors, Inc. Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2022 filing to $685K in the plan year 2023 filing.
United Contractors, Inc. Employee Stock Ownership Plan reported participants fell from 118 in the plan year 2022 filing to 114 in the plan year 2023 filing.
United Contractors, Inc. Employee Stock Ownership Plan end-of-year assets rose from $22M in the plan year 2022 filing to $23M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Iowa

Industry

Construction

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. United Contractors, Inc. Employee Stock Ownership Plan reports 114 participants - about 19% of that state average ($23M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)	$22M
Net Assets (End of Year)	$23M
Net Income	$685K
Employer EIN	420822018
Plan Effective Date	1989-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (United Contractors, Inc.)

Total plan assets by year, all United Contractors, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	211	$27M
2023	1	114	$23M
2024	1	138	$22M

Nearby ESOP Plans in Iowa

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

United Contractors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants

Employee Owned Brands, Inc. Employee Stock Ownership Plan $864M · 802
Van Meter Industrial, Inc. Employee Stock Ownership Plan $596M · 801
Precision, Inc. Employee Stock Ownership Plan and Trust $438M · 667
Ita Group Holdings, Inc. Employees' Stock Ownership Plan $428M · 771
Vgm Group, Inc. Employee Stock Ownership Plan $406M · 1,070

Compare United Contractors, Inc. Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to United Contractors, Inc. Employee Stock Ownership Plan by total assets, not by location.

It Solutions Consulting, Inc Employee Stock Ownership Plan (PA) $23M · N/A
Syblon Reid Construction, Inc. Employee Stock Ownership Plan (CA) $23M · 68
Jcs Family, Inc Employee Stock Ownership Plan (PA) $23M · 351
Kish Rigging, Inc. Employee Stock Ownership Plan (CA) $23M · 52

Frequently Asked Questions

How did United Contractors, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

United Contractors, Inc. Employee Stock Ownership Plan edged up modestly - up 3.1% during 2023, from $22M to $23M. Reported net income was $685K.

How have United Contractors, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), United Contractors, Inc.'s sponsor-wide assets declined 17.8%, from $27M to $22M.

Where does United Contractors, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

United Contractors, Inc. Employee Stock Ownership Plan ranks in the 75th 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 United Contractors, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is It Solutions Consulting, Inc Employee Stock Ownership Plan in PA ($23M, N/A participants).

Next read for United Contractors, Inc. Employee Stock …

Filing takeaways

Ways to act on United Contractors, Inc. Employee Stock Ownership Plan's numbers.

By total assets, United Contractors, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
United Contractors, Inc.'s sponsor-wide assets have declined 17.8% 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 420822018.