ESOP · DOL Form 5500 · 2024

Oftedal Construction, Inc. ESOP

Data updated 2026-07-24

$43M
Total assets: 94
Participants: 82nd
Percentile by assets: $458,507
Avg per participant

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.

82nd percentile by assets (of 116,472 plans)

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.

$43M
total plan assets (2024 EOY): 94
covered participants: 82nd
percentile by assets (of 116,472 plans): $458,507
avg assets per participant

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 →

State

Montana

Industry

Construction

Oftedal Construction, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Oftedal Construction, Inc. Employee Stock Ownership Plan outranks 82% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$39M
Net Assets (End of Year)	$43M
Net Income	$5M
Employer EIN	810307943
Plan Effective Date	2001-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Oftedal Construction, Inc.)

Total plan assets by year, all Oftedal Construction, Inc. plans on file

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

Electrical Consultants, Inc. Employee Stock Ownership Plan $109M · 822
Sletten, Inc. Employee Stock Ownership Plan $87M · 339
Morrison-Maierle, Inc. Employee Stock Ownership Plan $77M · 294
Robert Peccia & Associates, Inc. Employee Stock Ownership Plan and Trust $37M · 69
Town and Country Foods, Inc. Employee Stock Ownership Plan $32M · 459

Compare Oftedal Construction, Inc. Employee Stoc… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Oftedal Construction, Inc. Employee Stock Ownership Plan by total assets, not by location.

The Will-Burt Company Employee Stock Ownership Trust and Plan (OH) $43M · 247
Folience, Inc. Employee Stock Ownership Plan (IA) $43M · 447
Inside Edge Employee Stock Ownership Plan (MN) $43M · 202
Control Associates, Inc. Employee Stock Ownership Plan (NJ) $43M · 168

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 116,472 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).

Next read for Oftedal Construction, Inc. Employee Stoc…

Scale reading

Ways to act on Oftedal Construction, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Oftedal Construction, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Montana. Compare plans
Oftedal Construction, Inc.'s sponsor-wide assets have grown 31.5% since 2022 across 3 plan years on file. More Construction plans

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.