ESOP · DOL Form 5500 · 2023

Hazen Research, Inc. ESOP

Data updated 2026-08-11

$14M
Total assets
113
Participants
66th
Percentile by assets
$126,057
Avg per participant
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Official DOL plan name: Hazen Research, Inc. Employees' Stock Ownership Plan and Trust · Sponsored by Hazen Research, Inc. · Colorado · Professional & Technical Services

$14M in assets, 113 participants

Hazen Research, Inc.'s Hazen Research, Inc. Employees' Stock Ownership Plan and Trust reported $14M in total assets and 113 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 127,072 plans)
  • #13,298 in Professional & Technical Services (20,321 peers)

Coverage in Colorado

Hazen Research, Inc. Employees' Stock Ownership Plan and Trust covers 113 participants in Colorado, about 30% of the average Colorado filer (state average ~376 per filing). Assets: $14M.

$14M
total plan assets (2023 EOY)
113
covered participants
66th
percentile by assets (of 127,072 plans)
$126,057
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hazen Research, Inc. Employees' Stock Ownership Plan and Trust end-of-year assets rose from $10M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Hazen Research, Inc. Employees' Stock Ownership Plan and Trust reported net income fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Hazen Research, Inc. Employees' Stock Ownership Plan and Trust reported participants rose from 104 in the plan year 2022 filing to 113 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Colorado filers

In Colorado, the average filing covers about 376 participants across 2,719 plans. Hazen Research, Inc. Employees' Stock Ownership Plan and Trust reports 113 participants - about 30% of that state average ($14M EOY assets).

Colorado filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$14M
Net Income$4M
Employer EIN840511412
Plan Effective Date1966-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hazen Research, Inc.)

$22M$24M$26M$28M$30M 202220232024 $23.4M $27M ▲ +15.4%
Total plan assets by year, all Hazen Research, Inc. plans on file
Year Plans Participants Total Assets
2022 2 212 $23M
2023 2 220 $28M
2024 2 248 $27M

Nearby ESOP Plans in Colorado

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

Hazen Research, Inc. Employees' Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants

Hazen Research, Inc. Employees' Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants Scatter plot of 6 data points. 050010001500 -1000100200300400500 Total assets ($M) Participants Hazen Research, Inc.…Alpine Lumber Compan…Trinidad Benham Corp…Envision Management …Brown Strauss, Inc. …Hercules Industries,…
Hazen Research, Inc. Employees' Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hazen Research, Inc. Employees' Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Hazen Research, Inc. Employees' Stock Ownership Plan and Trust assets move in 2023?
Hazen Research, Inc. Employees' Stock Ownership Plan and Trust surged - up 41.4% during 2023, from $10M to $14M. Reported net income was $4M.
How have Hazen Research, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hazen Research, Inc.'s sponsor-wide assets grew 15.5%, from $23M to $27M.
Which ESOP plans are similar in size to Hazen Research, Inc. Employees' Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is The Motz Corporation Employee Stock Ownership Plan in OH ($14M, 106 participants).

Next read for Hazen Research, Inc. Employees' Stock Ow…

Filing takeaways

Ways to act on Hazen Research, Inc. Employees' Stock Ownership Plan and Trust's numbers.