ESOP · DOL Form 5500 · 2024

Phase 2 Development, LLC ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
67
Participants Small participant base
47th
Percentile by assets National rank
$100,299
Avg per participant Below avg balance/head
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Official DOL plan name: Phase 2 Development, Inc. Employee Stock Ownership Plan · Sponsored by Phase 2 Development, LLC · Oklahoma · Professional & Technical Services

$7M in assets, 67 participants

Phase 2 Development, LLC's Phase 2 Development, Inc. Employee Stock Ownership Plan reported $7M in total assets and 67 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #9,203 in Professional & Technical Services (20,173 peers)

Phase 2 Development, LLC multi-year trail

Phase 2 Development, LLC's plans moved +40.9% in assets from 2023 to 2024; this filing shows Phase 2 Development, Inc. Employee Stock Ownership Plan at $7M / 67 participants.

#9,203
in Professional & Technical Services (20,173 peers)
+40.9%
assets growth YoY

Phase 2 Development, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Phase 2 Development, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,720,000 47th percentile higher than 47% 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

Phase 2 Development, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Phase 2 Development, Inc. Employee Stock Ownership Plan is a small filing (67 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Phase 2 Development, Inc. Employee Stock Ownership Plan reported net income rose from -$15M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Phase 2 Development, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Phase 2 Development, Inc. Employee Stock Ownership Plan reported participants fell from 71 in the plan year 2023 filing to 67 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 731533175 · Phase 2 Development, LLC PY 2024 · ESOP

Phase 2 Development, Inc. Employee Stock Ownership Plan · $7M · 67 · 47th

  • EBSA $7M
  • EBSA 67
  • EBSA 47th
  • EBSA ESOP
  • EBSA near Hba Architecture Interior Design, Inc. ESOP II
  • EBSA ind #9203

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 Oklahoma →

Phase 2 Development, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Phase 2 Development, Inc. Employee Stock Ownership PlanPhase 2 Development, Inc. Em…$7MHba Architecture Interior Design, Inc. ESOP IIHba Architecture Interior De…$7MTradesmen Holdings Company, Inc. Employee Stock Ownership PlanTradesmen Holdings Company, …$7MAi Engineers, Inc. Employee Stock Ownership PlanAi Engineers, Inc. Employee …$7MRedshaw Paint Supply, Inc. Employee Stock Ownership PlanRedshaw Paint Supply, Inc. E…$7M
End-of-year total assets ($M) among Phase 2 Development, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Phase 2 Development, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Phase 2 Development, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$7M 40.88050314465409% vs 2023
2024 filing year
$4M$5M$6M$7M 20232024 $4.77M $6.72M ▲ +40.9%
Year Plans Participants Total Assets
2023 1 71 $5M
2024 1 67 $7M

Phase 2 Development, LLC filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)-$11M
Net Income$4M
Employer EIN731533175
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Oklahoma

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

Phase 2 Development, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -1000100200300400 Total assets ($M) Participants Phase 2 Development, Inc. Employee Stock Ownership Plan, Total assets ($M): 6.72 · Participants: 67Phase 2 Development, Inc. Employee Stock Ownership PlanLocke Supply Co. Employee Stock Ownership Plan, Total assets ($M): 293.39846 · Participants: 1287Locke Supply Co. Employee Stock Ownership PlanInternational Chemical Company Employee Stock Ownership Plan, Total assets ($M): 250.621974 · Participants: 65International Chemical Company Employee Stock Ownership PlanMetro Builders Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 169.059478 · Participants: 1300Metro Builders Supply, Inc. Employee Stock Ownership PlanBancfirst Corporation Employee Stock Ownership Plan, Total assets ($M): 159.065318 · Participants: 1860Bancfirst Corporation Employee Stock Ownership PlanAberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan, Total assets ($M): 119.442225 · Participants: 172Aberdeen Dynamics Supply, Inc. Employee Stock Ownership Plan
Phase 2 Development, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Oklahoma, assets vs. participants
Compare Phase 2 Development, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Phase 2 Development, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Oklahoma, the nearest ESOP by assets is Hba Architecture Interior Design, Inc. ESOP II in VA ($7M); by covered participants it is American Bank Employee Stock Ownership Plan in PA (67 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (67 participants); asset peers above are excluded.

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 Phase 2 Development, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Phase 2 Development, Inc. Employee Stock Ownership Plan surged - up 40.9% during 2024, from $5M to $7M. Reported net income was $4M.
How have Phase 2 Development, LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Phase 2 Development, LLC's sponsor-wide assets grew 40.9%, from $5M to $7M.
Which ESOP plans are similar in size to Phase 2 Development, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hba Architecture Interior Design, Inc. ESOP II in VA ($7M, 34 participants).
Which ESOP plans cover a similar participant headcount to Phase 2 Development, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is American Bank Employee Stock Ownership Plan in PA (67 participants, $768K in assets).

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 731533175.

Read our methodology - how this data is sourced, computed, and verified.

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