ESOP · DOL Form 5500 · 2023

Oftedal Construction, Inc. ESOP

Data updated 2026-08-25

$39M
Total assets Below avg plan size
80
Participants Small participant base
83rd
Percentile by assets National rank
$481,292
Avg per participant High balance/head
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Official DOL plan name: Oftedal Construction, Inc. Employee Stock Ownership Plan · Sponsored by Oftedal Construction, Inc. · Montana · Construction

$39M in assets, 80 participants

Oftedal Construction, Inc.'s Oftedal Construction, Inc. Employee Stock Ownership Plan reported $39M in total assets and 80 participants in its 2023 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.

  • #7,298 in Construction (9,030 peers)

Where Oftedal Construction, Inc. Employee Stock Ownership Plan sits by assets

Oftedal Construction, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $39M for 80 participants (~$481,292/participant), up 19.6% in 2023.

#7,298
in Construction (9,030 peers)
+19.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Oftedal Construction, Inc. Employee Stock Ownership Plan's outsized position by total assets

Oftedal Construction, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$38,503,363 Top 17% higher than 83% of 127,068 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 2023

Oftedal Construction, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Oftedal Construction, Inc. Employee Stock Ownership Plan is a small filing (80 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Oftedal Construction, Inc. Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Oftedal Construction, Inc. Employee Stock Ownership Plan reported participants fell from 128 in the plan year 2022 filing to 80 in the plan year 2023 filing.
  • Oftedal Construction, Inc. Employee Stock Ownership Plan end-of-year assets rose from $32M in the plan year 2022 filing to $39M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 810307943 · Oftedal Construction, Inc. PY 2023 · ESOP

Oftedal Construction, Inc. Employee Stock Ownership Plan · $39M · 80 · 83rd

  • ASSETS $39M
  • PCT 80
  • EIN 83rd
  • RANK ESOP
  • PHOTO near Stepherson, Incorporated Employee Stock Ownership Plan
  • IND ind #7298

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 Montana →

Oftedal Construction, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Gcw Holdings, Inc. Employee Stock Ownership PlanGcw Holdings, Inc. Employee …$39MStepherson, Incorporated Employee Stock Ownership PlanStepherson, Incorporated Emp…$39MSensient Technologies Corporation Employee Stock Ownership PlanSensient Technologies Corpor…$39MOftedal Construction, Inc. Employee Stock Ownership PlanOftedal Construction, Inc. E…$39MNeighbors & Associates, Inc. Employee Stock Ownership PlanNeighbors & Associates, Inc.…$38M
End-of-year total assets ($M) among Oftedal Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$39M
Net Income$7M
Employer EIN810307943
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Oftedal Construction, Inc.)

Sponsor-wide plan assets over time

All Oftedal Construction, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 31.500956126771012% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $42.4M $55.7M ▲ +31.5%
Year Plans Participants Total Assets
2022 2 251 $42M
2023 2 188 $49M
2024 2 215 $56M

Nearby ESOP Plans in Montana

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

Oftedal Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Montana, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0100200300400500 Total assets ($M) Participants Oftedal Construction, Inc. Employee Stock Ownership Plan, Total assets ($M): 38.503363 · Participants: 80Oftedal Construction, Inc. Employee Stock Ownership PlanPacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOP, Total assets ($M): 441.768786 · Participants: 824Pacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOPD.a. Davidson Companies Employee Stock Ownership Plan, Total assets ($M): 149.547346 · Participants: 1474D.a. Davidson Companies Employee Stock Ownership PlanElectrical Consultants, Inc. Employee Stock Ownership Plan, Total assets ($M): 81.207033 · Participants: 720Electrical Consultants, Inc. Employee Stock Ownership PlanMorrison-Maierle, Inc. Employee Stock Ownership Plan, Total assets ($M): 73.232679 · Participants: 278Morrison-Maierle, Inc. Employee Stock Ownership PlanSletten, Inc. Employee Stock Ownership Plan, Total assets ($M): 71.920975 · Participants: 303Sletten, Inc. Employee Stock Ownership Plan
Oftedal Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Montana, assets vs. participants
Compare Oftedal Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Oftedal Construction, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Montana, the nearest ESOP by assets is Stepherson, Incorporated Employee Stock Ownership Plan in TN ($39M); by covered participants it is Lenoir Mirror Company Employee Stock Ownership Plan in NC (80 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (80 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Oftedal Construction, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Oftedal Construction, Inc. Employee Stock Ownership Plan grew sharply - up 19.6% during 2023, from $32M to $39M. Reported net income was $7M.
How have Oftedal Construction, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Oftedal Construction, Inc.'s sponsor-wide assets grew 31.5%, from $42M to $56M.
Where does Oftedal Construction, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Oftedal Construction, Inc. Employee Stock Ownership Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Oftedal Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Stepherson, Incorporated Employee Stock Ownership Plan in TN ($39M, 423 participants).
Which ESOP plans cover a similar participant headcount to Oftedal Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Lenoir Mirror Company Employee Stock Ownership Plan in NC (80 participants, $330K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 810307943.

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.