ESOP · DOL Form 5500 · 2023

J. Lee Milligan, Inc. ESOP

Data updated 2026-08-25

$61M
Total assets Below avg plan size
301
Participants Below avg headcount
87th
Percentile by assets National rank
$203,990
Avg per participant Above avg balance/head
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Official DOL plan name: J. Lee Milligan, Inc. Employee Stock Ownership Plan · Sponsored by J. Lee Milligan, Inc. · Texas · Construction

$61M in assets, 301 participants

J. Lee Milligan, Inc.'s J. Lee Milligan, Inc. Employee Stock Ownership Plan reported $61M in total assets and 301 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,718 in Construction (9,030 peers)

Coverage in Texas

J. Lee Milligan, Inc. Employee Stock Ownership Plan covers 301 participants in Texas, about 44% of the average Texas filer (state average ~688 per filing). Assets: $61M.

#7,718
in Construction (9,030 peers)
+69.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

J. Lee Milligan, Inc. Employee Stock Ownership Plan's outsized position by total assets

J. Lee Milligan, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$61,400,936 Top 13% higher than 87% 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

J. Lee Milligan, Inc. Employee Stock Ownership 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. J. Lee Milligan, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (301 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • J. Lee Milligan, Inc. Employee Stock Ownership Plan reported net income rose from $539K in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • J. Lee Milligan, Inc. Employee Stock Ownership Plan end-of-year assets rose from $36M in the plan year 2022 filing to $61M in the plan year 2023 filing.
  • J. Lee Milligan, Inc. Employee Stock Ownership Plan reported participants fell from 336 in the plan year 2022 filing to 301 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 750971715 · J. Lee Milligan, Inc. PY 2023 · ESOP

J. Lee Milligan, Inc. Employee Stock Ownership Plan · $61M · 301 · 87th

  • PART $61M
  • TYPE 301
  • NET 87th
  • BOOK ESOP
  • VS-ST near Henderson Companies Employee Stock Ownership Plan
  • BOY ind #7718

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 What is an ESOP? → · Plans in Texas →

J. Lee Milligan, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bonitz, Inc. Employee Stock Ownership PlanBonitz, Inc. Employee Stock …$62MWillow Run Foods, Inc. Employee Stock Ownership PlanWillow Run Foods, Inc. Emplo…$62MHenderson Companies Employee Stock Ownership PlanHenderson Companies Employee…$61MJ. Lee Milligan, Inc. Employee Stock Ownership PlanJ. Lee Milligan, Inc. Employ…$61MRecore Employee Stock Ownership PlanRecore Employee Stock Owners…$61M
End-of-year total assets ($M) among J. Lee Milligan, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$50M
Net Income$16M
Employer EIN750971715
Plan Effective Date1976-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (J. Lee Milligan, Inc.)

Sponsor-wide plan assets over time

All J. Lee Milligan, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$92M 99.61015601983306% vs 2022
2024 filing year
$40M$60M$80M$100M 202220232024 $46.1M $92M ▲ +99.6%
Year Plans Participants Total Assets
2022 2 687 $46M
2023 2 645 $72M
2024 2 651 $92M

Nearby ESOP Plans in Texas

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

J. Lee Milligan, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -50510152025 Total assets ($B) Participants J. Lee Milligan, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.061400936 · Participants: 301J. Lee Milligan, Inc. Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 21.16285336 · Participants: 3000Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.884916985 · Participants: 791Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.497933907 · Participants: 4510Austin Industries Employee Stock Ownership PlanCactus Feeders, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.447462474 · Participants: 831Cactus Feeders, Inc. Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.396562096 · Participants: 1439Lja Engineering, Inc. Employee Stock Ownership Plan
J. Lee Milligan, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare J. Lee Milligan, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

J. Lee Milligan, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Henderson Companies Employee Stock Ownership Plan in KS ($61M); by covered participants it is Techsmith Corporation Employee Stock Ownership Plan in MI (301 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (301 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 J. Lee Milligan, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
J. Lee Milligan, Inc. Employee Stock Ownership Plan surged - up 69.6% during 2023, from $36M to $61M. Reported net income was $16M.
How have J. Lee Milligan, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), J. Lee Milligan, Inc.'s sponsor-wide assets grew 99.6%, from $46M to $92M.
Where does J. Lee Milligan, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
J. Lee Milligan, Inc. Employee Stock Ownership Plan ranks in the 87th 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 J. Lee Milligan, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Henderson Companies Employee Stock Ownership Plan in KS ($61M, 1,047 participants).
Which ESOP plans cover a similar participant headcount to J. Lee Milligan, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Techsmith Corporation Employee Stock Ownership Plan in MI (301 participants, $13M 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 750971715.

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.