ESOP · DOL Form 5500 · 2024

West Union Trenching ESOP

Data updated 2026-08-11

$41M
Total assets: 86
Participants: 82nd
Percentile by assets: $471,176
Avg per participant

Official DOL plan name: West Union Trenching, Inc. Employee Stock Ownership Plan · Sponsored by West Union Trenching · Iowa · Construction

$41M in assets, 86 participants

West Union Trenching's West Union Trenching, Inc. Employee Stock Ownership Plan reported $41M in total assets and 86 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

82nd percentile by assets (of 123,622 plans)
#7,236 in Construction (9,039 peers)

Where West Union Trenching, Inc. Employee Stock Ownership Plan sits by assets

West Union Trenching, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $41M for 86 participants (~$471,176/participant), up 187.0% in 2024.

$41M
total plan assets (2024 EOY): 86
covered participants: 82nd
percentile by assets (of 123,622 plans): $471,176
avg assets per participant

West Union Trenching, Inc. Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2023 filing to $20M in the plan year 2024 filing.
West Union Trenching, Inc. Employee Stock Ownership Plan end-of-year assets rose from $14M in the plan year 2023 filing to $41M in the plan year 2024 filing.
West Union Trenching, Inc. Employee Stock Ownership Plan reported participants rose from 76 in the plan year 2023 filing to 86 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Iowa

Industry

Construction

West Union Trenching, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, West Union Trenching, Inc. Employee Stock Ownership Plan outranks 82% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$14M
Net Assets (End of Year)	$26M
Net Income	$20M
Employer EIN	204930359
Plan Effective Date	2022-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (West Union Trenching)

Total plan assets by year, all West Union Trenching plans on file

Year	Plans	Participants	Total Assets
2022	1	63	$8M
2023	1	76	$14M
2024	1	86	$41M

Nearby ESOP Plans in Iowa

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

West Union Trenching, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Iowa, assets vs. participants

Employee Owned Brands, Inc. Employee Stock Ownership Plan $877M · 819
Van Meter Industrial, Inc. Employee Stock Ownership Plan $659M · 849
Ita Group Holdings, Inc. Employees' Stock Ownership Plan $498M · 907
Precision, Inc. Employee Stock Ownership Plan and Trust $473M · 658
Vgm Group, Inc. Employee Stock Ownership Plan $426M · 1,169

Compare West Union Trenching, Inc. Employee Stoc… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to West Union Trenching, Inc. Employee Stock Ownership Plan by total assets, not by location.

St Cloud Industrial Products Inc Employee Stock Ownership Plan and Trust (MN) $41M · 205
Cameron Manufacturing & Design, Inc. Employee Stock Ownership Plan (NY) $41M · 159
Jb Warranties Corp Employee Stock Ownership Plan (TX) $41M · 46
Weinbrenner Shoe Company, Inc. Employee Stock Ownership Plan (WI) $40M · 113

Frequently Asked Questions

How did West Union Trenching, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

West Union Trenching, Inc. Employee Stock Ownership Plan surged - up 187.0% during 2024, from $14M to $41M. Reported net income was $20M.

How have West Union Trenching plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), West Union Trenching's sponsor-wide assets grew 379.9%, from $8M to $41M.

Where does West Union Trenching, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

West Union Trenching, Inc. Employee Stock Ownership Plan ranks in the 82nd percentile by end-of-year assets among 123,622 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 West Union Trenching, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is St Cloud Industrial Products Inc Employee Stock Ownership Plan and Trust in MN ($41M, 205 participants).

Next read for West Union Trenching, Inc. Employee Stoc…

Scale reading

Ways to act on West Union Trenching, Inc. Employee Stock Ownership Plan's numbers.

By total assets, West Union Trenching, 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 Iowa. Compare plans
West Union Trenching's sponsor-wide assets have grown 379.9% 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 204930359.