ESOP · DOL Form 5500 · 2023

Higman Equipment Company, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
24
Participants Small participant base
48th
Percentile by assets National rank
$253,046
Avg per participant Above avg balance/head
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Official DOL plan name: Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement · Sponsored by Higman Equipment Company, Inc. · Missouri · Wholesale Trade

$6M in assets, 24 participants

Higman Equipment Company, Inc.'s Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement reported $6M in total assets and 24 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #2,380 in Wholesale Trade (6,309 peers)

Higman Equipment Company, Inc. multi-year trail

Higman Equipment Company, Inc.'s plans moved -36.5% in assets from 2022 to 2024; this filing shows Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement at $6M / 24 participants.

#2,380
in Wholesale Trade (6,309 peers)
-28.9%
assets change YoY

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.

Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement's mid-pack asset rank among Wholesale Trade and all filers

Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement vs every filed plan by assets

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

$6,073,096 48th percentile higher than 48% 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

Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement is a small filing (24 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement reported net income fell from $2M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement end-of-year assets fell from $9M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement reported participants fell from 25 in the plan year 2022 filing to 24 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 430924363 · Higman Equipment Company, Inc. PY 2023 · ESOP

Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement · $6M · 24 · 48th

  • PCT $6M
  • EIN 24
  • RANK 48th
  • PHOTO ESOP
  • IND near Hill Wood Products, Inc. Employee Stock Ownership Plan
  • EOY ind #2380

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 Missouri →

Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement in the asset neighbourhood

Blossom Valley Construction Inc. Employee Stock Ownership Plan and TrustBlossom Valley Construction …$6MHigman Equipment Company, Inc. Employee Stock Ownership Plan and Trust AgreementHigman Equipment Company, In…$6MHill Wood Products, Inc. Employee Stock Ownership PlanHill Wood Products, Inc. Emp…$6MRichard, Wayne & Roberts, Inc. Employee Stock Ownership PlanRichard, Wayne & Roberts, In…$6MM.J. Wells & Associates, Inc. Employee Stock Ownership PlanM.J. Wells & Associates, Inc…$6M
End-of-year total assets ($M) among Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Higman Equipment Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Higman Equipment Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 36.47830101461588% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $8.54M $5.42M ▼ -36.5%
Year Plans Participants Total Assets
2022 1 25 $9M
2023 1 24 $6M
2024 1 28 $5M

Higman Equipment Company, Inc. filing trail (2023)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$6M
Net Income-$2M
Employer EIN430924363
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Missouri

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

Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement vs. nearby ESOP plans in Missouri, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 0.006073096 · Participants: 24Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust AgreementBurns & Mcdonnell, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.708605759 · Participants: 8553Burns & Mcdonnell, Inc. Employee Stock Ownership PlanMccarthy Employee Stock Ownership Plan, Total assets ($B): 1.489427066 · Participants: 3651Mccarthy Employee Stock Ownership PlanArco DB Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.442677383 · Participants: 560Arco DB Companies, Inc. Employee Stock Ownership PlanJe Dunn Employee Stock Ownership Plan and Trust, Total assets ($B): 0.429385855 · Participants: 2457Je Dunn Employee Stock Ownership Plan and TrustEmery Sapp Employee Stock Ownership Plan, Total assets ($B): 0.312725972 · Participants: 1947Emery Sapp Employee Stock Ownership Plan
Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement vs. nearby ESOP plans in Missouri, assets vs. participants

Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement's out-of-state ESOP peers by assets and headcount

Outside Missouri, the nearest ESOP by assets is Hill Wood Products, Inc. Employee Stock Ownership Plan in MN ($6M); by covered participants it is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants). Same-state nearby plans are listed separately above.

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 Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement assets move in 2023?
Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement declined sharply - down 28.9% during 2023, from $9M to $6M. Reported net income was -$2M.
How have Higman Equipment Company, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Higman Equipment Company, Inc.'s sponsor-wide assets declined 36.5%, from $9M to $5M.
Which ESOP plans are similar in size to Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement?
Among ESOP plans in other states, the closest by assets is Hill Wood Products, Inc. Employee Stock Ownership Plan in MN ($6M, 30 participants).
Which ESOP plans cover a similar participant headcount to Higman Equipment Company, Inc. Employee Stock Ownership Plan and Trust Agreement?
Among ESOP plans in other states, the closest by covered participants is Valador, Inc. Employee Stock Bonus Plan in WV (24 participants, N/A in assets).