ESOP · DOL Form 5500 · 2023
Sweatt Construction, Inc. ESOP
Data updated 2026-08-11
- $5M
- Total assets
- 88
- Participants
- 43rd
- Percentile by assets
- $52,177
- Avg per participant
Official DOL plan name: Sweatt Construction, Inc. Employee Stock Ownership Plan · Sponsored by Sweatt Construction, Inc. · New Mexico · Construction
$5M in assets, 88 participants
Sweatt Construction, Inc.'s Sweatt Construction, Inc. Employee Stock Ownership Plan reported $5M in total assets and 88 participants in its 2023 DOL Form 5500 filing, ranking in the 43rd 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.
- 43rd percentile by assets (of 127,072 plans)
- #3,660 in Construction (9,030 peers)
Sweatt Construction, Inc. multi-year trail
Sweatt Construction, Inc.'s plans moved -57.2% in assets from 2022 to 2024; this filing shows Sweatt Construction, Inc. Employee Stock Ownership Plan at $5M / 88 participants.
- $5M
- total plan assets (2023 EOY)
- 88
- covered participants
- 43rd
- percentile by assets (of 127,072 plans)
- $52,177
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Sweatt Construction, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
- Sweatt Construction, Inc. Employee Stock Ownership Plan end-of-year assets fell from $6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
- Sweatt Construction, Inc. Employee Stock Ownership Plan reported participants fell from 95 in the plan year 2022 filing to 88 in the plan year 2023 filing.
Sweatt Construction, Inc. across 3 plan years on file
Across the 3 plan years Sweatt Construction, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $6M to $3M, a decline of 57.2%, while reported participants moved from 95 to 88 (-7.4%). Peak year by sponsor assets: 2022 ($6M); trough: 2024 ($3M).
Sweatt Construction, Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 95 | $6M |
| 2023 | 1 | 88 | $5M |
| 2024 | 1 | 88 | $3M |
Sweatt Construction, Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $6M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$2M |
| Employer EIN | 850439019 |
| Plan Effective Date | 2019-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in New Mexico
Peer ESOP plans, same state, same plan type, ranked by total assets.
Sweatt Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New Mexico, assets vs. participants
- Employee Stock Ownership Plan of Applied Research Associates, Inc. $606M · 1,981
- Ppic Employee Stock Ownership Plan $59M · 107
- Azurite Professional Community Employee Stock Ownership Plan $24M · 259
- Citizens Bank Employee Stock Ownership and Retirement Savings Plan $21M · 101
- Commerce Bancshares of Roswell, Inc. Employee Stock Ownership Plan $19M · 14
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Sweatt Construction, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Sweatt Construction, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Sweatt Construction, Inc. Employee Stock Ownership Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in New Mexico. Compare plans
- Sweatt Construction, Inc.'s sponsor-wide assets have declined 57.2% since 2022 across 3 plan years on file. More Construction plans