ESOP · DOL Form 5500 · 2024

Oftedal Construction, Inc. ESOP

Data updated 2026-08-25

$43M
Total assets Below avg plan size
94
Participants Small participant base
82nd
Percentile by assets National rank
$458,507
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

$43M in assets, 94 participants

Oftedal Construction, Inc.'s Oftedal Construction, Inc. Employee Stock Ownership Plan reported $43M in total assets and 94 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,297 in Construction (9,039 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, $43M for 94 participants (~$458,507/participant), up 11.9% in 2024.

#7,297
in Construction (9,039 peers)
+11.9%
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 2024 · DOL Form 5500

$43,099,625 Top 18% higher than 82% 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

Oftedal 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. Oftedal Construction, Inc. Employee Stock Ownership Plan is a small filing (94 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Oftedal Construction, Inc. Employee Stock Ownership Plan reported net income fell from $7M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Oftedal Construction, Inc. Employee Stock Ownership Plan reported participants rose from 80 in the plan year 2023 filing to 94 in the plan year 2024 filing.
  • Oftedal Construction, Inc. Employee Stock Ownership Plan end-of-year assets rose from $39M in the plan year 2023 filing to $43M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 810307943 · Oftedal Construction, Inc. PY 2024 · ESOP

Oftedal Construction, Inc. Employee Stock Ownership Plan · $43M · 94 · 82nd

  • PHOTO $43M
  • IND 94
  • EOY 82nd
  • 5500 ESOP
  • ASSETS near The Will-Burt Company Employee Stock Ownership Trust and Plan
  • PCT ind #7297

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

Oftedal Construction, Inc. Employee Stock Ownership PlanOftedal Construction, Inc. E…$43MThe Will-Burt Company Employee Stock Ownership Trust and PlanThe Will-Burt Company Employ…$43MFolience, Inc. Employee Stock Ownership PlanFolience, Inc. Employee Stoc…$43MInside Edge Employee Stock Ownership PlanInside Edge Employee Stock O…$43MControl Associates, Inc. Employee Stock Ownership PlanControl Associates, Inc. Emp…$43M
End-of-year total assets ($M) among Oftedal Construction, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$43M
Net Income$5M
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): 43.099625 · Participants: 94Oftedal Construction, Inc. Employee Stock Ownership PlanPacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOP, Total assets ($M): 469.052794 · Participants: 968Pacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOPD.a. Davidson Companies Employee Stock Ownership Plan, Total assets ($M): 175.622889 · Participants: 1519D.a. Davidson Companies Employee Stock Ownership PlanElectrical Consultants, Inc. Employee Stock Ownership Plan, Total assets ($M): 108.549029 · Participants: 822Electrical Consultants, Inc. Employee Stock Ownership PlanSletten, Inc. Employee Stock Ownership Plan, Total assets ($M): 86.70244 · Participants: 339Sletten, Inc. Employee Stock Ownership PlanMorrison-Maierle, Inc. Employee Stock Ownership Plan, Total assets ($M): 77.09406 · Participants: 294Morrison-Maierle, 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 The Will-Burt Company Employee Stock Ownership Trust and Plan in OH ($43M); by covered participants it is Community First Bank Employee Stock Ownership Plan in WI (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 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 Oftedal Construction, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Oftedal Construction, Inc. Employee Stock Ownership Plan grew at a solid clip - up 11.9% during 2024, from $39M to $43M. Reported net income was $5M.
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 82nd 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 Oftedal Construction, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Will-Burt Company Employee Stock Ownership Trust and Plan in OH ($43M, 247 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 Community First Bank Employee Stock Ownership Plan in WI (94 participants, $4M 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 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.