ESOP · DOL Form 5500 · 2024

Rhodes Development Group, Inc. ESOP

Data updated 2026-08-06

$22M
Total assets
235
Participants
72nd
Percentile by assets
$91,499
Avg per participant
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Official DOL plan name: Rhodes Development Group, Inc. Employee Stock Ownership Plan · Sponsored by Rhodes Development Group, Inc. · Pennsylvania · Real Estate

$22M in assets, 235 participants

Rhodes Development Group, Inc.'s Rhodes Development Group, Inc. Employee Stock Ownership Plan reported $22M in total assets and 235 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • 72nd percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Rhodes Development Group, Inc. Employee Stock Ownership Plan covers 235 participants in Pennsylvania, about 29% of the average Pennsylvania filer (state average ~824 per filing). Assets: $22M.

$22M
total plan assets (2024 EOY)
235
covered participants
72nd
percentile by assets (of 116,472 plans)
$91,499
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Rhodes Development Group, Inc. Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Rhodes Development Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Rhodes Development Group, Inc. Employee Stock Ownership Plan reported participants rose from 220 in the plan year 2023 filing to 235 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Rhodes Development Group, Inc. Employee Stock Ownership Plan reports 235 participants - about 29% of that state average ($22M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN231983088
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rhodes Development Group, Inc.)

$10M$15M$20M$25M 202220232024 $14M $21.5M ▲ +53.6%
Total plan assets by year, all Rhodes Development Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 221 $14M
2023 1 220 $20M
2024 1 235 $22M

Nearby ESOP Plans in Pennsylvania

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

Rhodes Development Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Rhodes Development Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Rhodes Development G…Wawa, Inc. Employee …Bradford White Corpo…Centimark Corporatio…D & H Employee Stock…Newage Industries, I…
Rhodes Development Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Rhodes Development Group, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Rhodes Development Group, Inc. Employee Stock Ownership Plan assets move in 2024?
Rhodes Development Group, Inc. Employee Stock Ownership Plan grew at a solid clip - up 9.1% during 2024, from $20M to $22M. Reported net income was $2M.
How have Rhodes Development Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Rhodes Development Group, Inc.'s sponsor-wide assets grew 53.6%, from $14M to $22M.
Which ESOP plans are similar in size to Rhodes Development Group, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Titan Roofing Employee Stock Ownership Plan in MA ($21M, 71 participants).

Next read for Rhodes Development Group, Inc. Employee …

Filing takeaways

Ways to act on Rhodes Development Group, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Rhodes Development Group, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
  • Rhodes Development Group, Inc.'s sponsor-wide assets have grown 53.6% since 2022 across 3 plan years on file. More Real Estate 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 231983088.

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