ESOP · DOL Form 5500 · 2024

Fip Construction, Inc. ESOP

Data updated 2026-08-25

$14M
Total assets Small plan by assets
64
Participants Small participant base
63rd
Percentile by assets National rank
$216,406
Avg per participant Above avg balance/head
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Official DOL plan name: Fip Construction, Inc. Employee Stock Ownership Plan · Sponsored by Fip Construction, Inc. · Connecticut · Construction

$14M in assets, 64 participants

Fip Construction, Inc.'s Fip Construction, Inc. Employee Stock Ownership Plan reported $14M in total assets and 64 participants in its 2024 DOL Form 5500 filing, ranking in the 63rd 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.

  • #5,520 in Construction (9,039 peers)

Fip Construction, Inc. multi-year trail

Fip Construction, Inc.'s plans moved +119.8% in assets from 2023 to 2024; this filing shows Fip Construction, Inc. Employee Stock Ownership Plan at $14M / 64 participants.

#5,520
in Construction (9,039 peers)
+119.8%
assets growth YoY

Fip Construction, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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

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

$13,850,000 Top 37% higher than 63% 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

Fip Construction, 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. Fip Construction, Inc. Employee Stock Ownership Plan is a small filing (64 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fip Construction, Inc. Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Fip Construction, Inc. Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Fip Construction, Inc. Employee Stock Ownership Plan reported participants rose from 60 in the plan year 2023 filing to 64 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 060847507 · Fip Construction, Inc. PY 2024 · ESOP

Fip Construction, Inc. Employee Stock Ownership Plan · $14M · 64 · 63rd

  • IND $14M
  • EOY 64
  • 5500 63rd
  • ASSETS ESOP
  • PCT near Taylor & Associates Architects Employee Stock Ownership Plan
  • EIN ind #5520

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 Connecticut →

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

Frontier Computer Corp. Employee Stock Ownership PlanFrontier Computer Corp. Empl…$14MTechnical Systems, Inc. Employee Stock Ownership PlanTechnical Systems, Inc. Empl…$14MTaylor & Associates Architects Employee Stock Ownership PlanTaylor & Associates Architec…$14MFip Construction, Inc. Employee Stock Ownership PlanFip Construction, Inc. Emplo…$14MH.a. Dehart & Son, Inc. Employee Stock Ownership PlanH.a. Dehart & Son, Inc. Empl…$14M
End-of-year total assets ($M) among Fip Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Fip Construction, Inc. multi-year asset trail

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$14M 119.83362800562965% vs 2023
2024 filing year
$5M$10M$15M 20232024 $6.3M $13.9M ▲ +119.8%
Year Plans Participants Total Assets
2023 1 60 $6M
2024 1 64 $14M

Fip Construction, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$4M
Net Income$8M
Employer EIN060847507
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Connecticut

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

Fip Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 0200400600 -1000100200300400 Total assets ($M) Participants Fip Construction, Inc. Employee Stock Ownership Plan, Total assets ($M): 13.85 · Participants: 64Fip Construction, Inc. Employee Stock Ownership PlanMott Corporation Employee Stock Ownership Plan, Total assets ($M): 304.806344 · Participants: 327Mott Corporation Employee Stock Ownership PlanBl Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 127.985465 · Participants: 309Bl Companies, Inc. Employee Stock Ownership PlanSonalysts, Inc. Employee Stock Ownership Plan, Total assets ($M): 125.874922 · Participants: 417Sonalysts, Inc. Employee Stock Ownership PlanEurpac Service, Inc. Employee Stock Ownership Plan, Total assets ($M): 107.815259 · Participants: 572Eurpac Service, Inc. Employee Stock Ownership PlanTwin Mro Employee Stock Ownership Plan, Total assets ($M): 106.406355 · Participants: 110Twin Mro Employee Stock Ownership Plan
Fip Construction, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
Compare Fip Construction, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest ESOP by assets is Taylor & Associates Architects Employee Stock Ownership Plan in CA ($14M); by covered participants it is The Bank of Tescott Employee Stock Ownership Plan and Trust in KS (64 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (64 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 Fip Construction, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Fip Construction, Inc. Employee Stock Ownership Plan surged - up 119.8% during 2024, from $6M to $14M. Reported net income was $8M.
How have Fip Construction, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Fip Construction, Inc.'s sponsor-wide assets grew 119.8%, from $6M to $14M.
Which ESOP plans are similar in size to Fip Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Taylor & Associates Architects Employee Stock Ownership Plan in CA ($14M, 97 participants).
Which ESOP plans cover a similar participant headcount to Fip Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is The Bank of Tescott Employee Stock Ownership Plan and Trust in KS (64 participants, $5M 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 060847507.

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.