ESOP · DOL Form 5500 · 2024
Howe Electric Construction, Inc. ESOP
Data updated 2026-07-24
- $45M
- Total assets
- 27
- Participants
- 83rd
- Percentile by assets
- $1.7M
- Avg per participant
Official DOL plan name: Howe Electric Construction, Inc. ESOP · Sponsored by Howe Electric Construction, Inc. · California · Construction
$45M in assets, 27 participants
Howe Electric Construction, Inc.'s Howe Electric Construction, Inc. ESOP reported $45M in total assets and 27 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.
- 83rd percentile by assets (of 116,472 plans)
Where Howe Electric Construction, Inc. ESOP sits by assets
Howe Electric Construction, Inc. ESOP sits in the top quartile of all filed plans by assets, $45M for 27 participants (~$1.7M/participant), down 41.6% in 2024.
- $45M
- total plan assets (2024 EOY)
- 27
- covered participants
- 83rd
- percentile by assets (of 116,472 plans)
- $1.7M
- avg assets per participant
The plan reported a net loss of $31M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Howe Electric Construction, Inc. ESOP reported net income fell from $2M in the plan year 2023 filing to -$31M in the plan year 2024 filing.
- Howe Electric Construction, Inc. ESOP end-of-year assets fell from $77M in the plan year 2023 filing to $45M in the plan year 2024 filing.
Howe Electric Construction, Inc. ESOP vs the 2024 asset distribution
By assets, Howe Electric Construction, Inc. ESOP outranks 83% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $77M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | -$31M |
| Employer EIN | 208893793 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Howe Electric Construction, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 29 | $76M |
| 2023 | 1 | 27 | $77M |
| 2024 | 1 | 27 | $45M |
Nearby ESOP Plans in California
Peer ESOP plans, same state, same plan type, ranked by total assets.
Howe Electric Construction, Inc. ESOP vs. nearby ESOP plans in California, assets vs. participants
- Parsons Employee Stock Ownership Plan $5.0B · 8,040
- Rosendin Electric, Inc. Employee Stock Ownership Plan $1.5B · 1,998
- Ecc Employee Stock Ownership Plan $632M · 317
- Agron, Inc. Employee Stock Ownership Plan $596M · 68
- Proponent Employee Stock Ownership Plan $543M · 439
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Howe Electric Construction, Inc. ESOP by total assets, not by location.
Frequently Asked Questions
How did Howe Electric Construction, Inc. ESOP assets move in 2024? ▼
How have Howe Electric Construction, Inc. plan assets changed over time? ▼
Where does Howe Electric Construction, Inc. ESOP rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Howe Electric Construction, Inc. ESOP? ▼
Next read for Howe Electric Construction, Inc. ESOP
Scale reading
Ways to act on Howe Electric Construction, Inc. ESOP's numbers.
- By total assets, Howe Electric Construction, Inc. ESOP 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 California. Compare plans
- Howe Electric Construction, Inc.'s sponsor-wide assets have declined 40.9% 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 208893793.
Read our methodology - how this data is sourced, computed, and verified.