ESOP · DOL Form 5500 · 2023

Alterman Group, Inc. ESOP

Data updated 2026-08-11

$115M
Total assets
287
Participants
92nd
Percentile by assets
$400,188
Avg per participant
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Official DOL plan name: Alterman Group, Inc. Employee Stock Ownership Plan · Sponsored by Alterman Group, Inc. · Texas · Construction

$115M in assets, 287 participants

Alterman Group, Inc.'s Alterman Group, Inc. Employee Stock Ownership Plan reported $115M in total assets and 287 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #8,174 in Construction (9,030 peers)

Coverage in Texas

Alterman Group, Inc. Employee Stock Ownership Plan covers 287 participants in Texas, about 42% of the average Texas filer (state average ~688 per filing). Assets: $115M.

$115M
total plan assets (2023 EOY)
287
covered participants
92nd
percentile by assets (of 127,072 plans)
$400,188
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Alterman Group, Inc. Employee Stock Ownership Plan reported net income rose from $7M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Alterman Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $93M in the plan year 2022 filing to $115M in the plan year 2023 filing.
  • Alterman Group, Inc. Employee Stock Ownership Plan reported participants rose from 247 in the plan year 2022 filing to 287 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Alterman Group, Inc. Employee Stock Ownership Plan reports 287 participants - about 42% of that state average ($115M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$93M
Net Assets (End of Year)$101M
Net Income$18M
Employer EIN742316654
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alterman Group, Inc.)

$100M$120M$140M$160M 202220232024 $115M $156M ▲ +35.3%
Total plan assets by year, all Alterman Group, Inc. plans on file
Year Plans Participants Total Assets
2022 2 509 $115M
2023 2 591 $139M
2024 2 599 $156M

Nearby ESOP Plans in Texas

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

Alterman Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Alterman Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -50510152025 Total assets ($B) Participants Alterman Group, Inc.…Sammons Enterprises,…Highland Homes Emplo…Austin Industries Em…Cactus Feeders, Inc.…Lja Engineering, Inc…
Alterman Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Alterman Group, Inc. Employee Stock Ownership Plan assets move in 2023?
Alterman Group, Inc. Employee Stock Ownership Plan grew sharply - up 23.0% during 2023, from $93M to $115M. Reported net income was $18M.
How have Alterman Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alterman Group, Inc.'s sponsor-wide assets grew 35.3%, from $115M to $156M.
Where does Alterman Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Alterman Group, Inc. Employee Stock Ownership Plan ranks in the 92nd 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 Alterman Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Wood-Mizer Holdings, Inc. Employee Stock Ownership Plan in IN ($115M, 509 participants).

Next read for Alterman Group, Inc. Employee Stock Owne…

Filing takeaways

Ways to act on Alterman Group, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Alterman Group, Inc. Employee Stock Ownership Plan 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 Texas. Compare plans
  • Alterman Group, Inc.'s sponsor-wide assets have grown 35.3% since 2022 across 3 plan years on file. More Construction plans