ESOP · DOL Form 5500 · 2024

Bognet Construction Associates Inc. ESOP

Data updated 2026-07-24

$26M
Total assets
51
Participants
75th
Percentile by assets
$515,910
Avg per participant
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Official DOL plan name: Bognet Construction Associates Inc. Employee Stock Ownership Plan · Sponsored by Bognet Construction Associates Inc. · Virginia · Construction

$26M in assets, 51 participants

Bognet Construction Associates Inc.'s Bognet Construction Associates Inc. Employee Stock Ownership Plan reported $26M in total assets and 51 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 116,472 plans)

Where Bognet Construction Associates Inc. Employee Stock Ownership Plan sits by assets

Bognet Construction Associates Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $26M for 51 participants (~$515,910/participant), up 28.0% in 2024.

$26M
total plan assets (2024 EOY)
51
covered participants
75th
percentile by assets (of 116,472 plans)
$515,910
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bognet Construction Associates Inc. Employee Stock Ownership Plan reported net income fell from $13M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Bognet Construction Associates Inc. Employee Stock Ownership Plan end-of-year assets rose from $21M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Bognet Construction Associates Inc. Employee Stock Ownership Plan reported participants rose from 44 in the plan year 2023 filing to 51 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Bognet Construction Associates Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Bognet Construction Associates Inc. Employee Stock Ownership Plan outranks 75% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)-$5M
Net Income$7M
Employer EIN541884985
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bognet Construction Associates Inc.)

$0M$10M$20M$30M 202220232024 $9.25M $26.3M ▲ +184.4%
Total plan assets by year, all Bognet Construction Associates Inc. plans on file
Year Plans Participants Total Assets
2022 1 47 $9M
2023 1 44 $21M
2024 1 51 $26M

Nearby ESOP Plans in Virginia

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

Bognet Construction Associates Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Bognet Construction Associates Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Bognet Construction …Nvr, Inc. Employee S…Delta Star Employee …Modern Technology So…The Resorts Companie…New River Electrical…
Bognet Construction Associates Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Bognet Construction Associates Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Bognet Construction Associates Inc. Employee Stock Ownership Plan assets move in 2024?
Bognet Construction Associates Inc. Employee Stock Ownership Plan grew sharply - up 28.0% during 2024, from $21M to $26M. Reported net income was $7M.
How have Bognet Construction Associates Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Bognet Construction Associates Inc.'s sponsor-wide assets grew 184.6%, from $9M to $26M.
Where does Bognet Construction Associates Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Bognet Construction Associates Inc. Employee Stock Ownership Plan ranks in the 75th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Bognet Construction Associates Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Peoples Services, Inc. Employee Stock Ownership Plan in OH ($26M, 539 participants).

Next read for Bognet Construction Associates Inc. Empl…

Scale reading

Ways to act on Bognet Construction Associates Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Bognet Construction Associates Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
  • Bognet Construction Associates Inc.'s sponsor-wide assets have grown 184.6% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541884985.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.