ESOP · DOL Form 5500 · 2024

Howe Electric Construction, Inc. ESOP

Data updated 2026-08-25

$45M
Total assets Below avg plan size
27
Participants Small participant base
83rd
Percentile by assets National rank
$1.7M
Avg per participant High balance/head
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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.

  • #7,341 in Construction (9,039 peers)

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.

#7,341
in Construction (9,039 peers)
-41.6%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

Howe Electric Construction, Inc. ESOP's outsized position by total assets

Howe Electric Construction, Inc. ESOP vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$44,812,738 Top 17% higher than 83% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Howe Electric Construction, Inc. ESOP among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Howe Electric Construction, Inc. ESOP is a small filing (27 participants) on this national headcount ladder.

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.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 208893793 · Howe Electric Construction, Inc. PY 2024 · ESOP

Howe Electric Construction, Inc. ESOP · $45M · 27 · 83rd

  • RANK $45M
  • RANK 27
  • RANK 83rd
  • RANK ESOP
  • RANK near Mgc Contractors, Inc. Employee Stock Ownership Plan
  • RANK ind #7341

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in California →

Howe Electric Construction, Inc. ESOP in the asset neighbourhood

Sayers Technology Holdings, Inc. Employee Stock Ownership PlanSayers Technology Holdings, …$45MKirby Foods, Inc. Employee Stock Ownership PlanKirby Foods, Inc. Employee S…$45MHowe Electric Construction, Inc. ESOPHowe Electric Construction, …$45MMgc Contractors, Inc. Employee Stock Ownership PlanMgc Contractors, Inc. Employ…$45MBrockmiller Construction, Inc. Employee Stock Ownership PlanBrockmiller Construction, In…$45M
End-of-year total assets ($M) among Howe Electric Construction, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$77M
Net Assets (End of Year)$45M
Net Income-$31M
Employer EIN208893793
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Howe Electric Construction, Inc.)

Sponsor-wide plan assets over time

All Howe Electric Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 40.866405842881385% vs 2022
2024 filing year
$40M$50M$60M$70M$80M 202220232024 $75.8M $44.8M ▼ -40.9%
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 Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Howe Electric Construction, Inc. ESOP, Total assets ($B): 0.044812738 · Participants: 27Howe Electric Construction, Inc. ESOPParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Howe Electric Construction, Inc. ESOP vs. nearby ESOP plans in California, assets vs. participants

Howe Electric Construction, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside California, the nearest ESOP by assets is Mgc Contractors, Inc. Employee Stock Ownership Plan in AZ ($45M); by covered participants it is Site Supply Employee Stock Ownership Plan in OH (27 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Howe Electric Construction, Inc. ESOP assets move in 2024?
Howe Electric Construction, Inc. ESOP contracted severely - down 41.6% during 2024, from $77M to $45M. Reported net income was -$31M.
How have Howe Electric Construction, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Howe Electric Construction, Inc.'s sponsor-wide assets declined 40.9%, from $76M to $45M.
Where does Howe Electric Construction, Inc. ESOP rank by assets among Form 5500 filers?
Howe Electric Construction, Inc. ESOP ranks in the 83rd 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 Howe Electric Construction, Inc. ESOP?
Among ESOP plans in other states, the closest by assets is Mgc Contractors, Inc. Employee Stock Ownership Plan in AZ ($45M, 259 participants).
Which ESOP plans cover a similar participant headcount to Howe Electric Construction, Inc. ESOP?
Among ESOP plans in other states, the closest by covered participants is Site Supply Employee Stock Ownership Plan in OH (27 participants, $32M in assets).