ESOP · DOL Form 5500 · 2024
Hanson Group, Inc ESOP
Data updated 2026-07-24
- $43M
- Total assets
- 479
- Participants
- 82nd
- Percentile by assets
- $89,463
- Avg per participant
Official DOL plan name: Hanson Group, Inc. Employee Stock Ownership Trust · Sponsored by Hanson Group, Inc · Illinois · Professional & Technical Services
$43M in assets, 479 participants
Hanson Group, Inc's Hanson Group, Inc. Employee Stock Ownership Trust reported $43M in total assets and 479 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 Hanson Group, Inc. Employee Stock Ownership Trust sits by assets
Hanson Group, Inc. Employee Stock Ownership Trust sits in the top quartile of all filed plans by assets, $43M for 479 participants (~$89,463/participant), down 6.6% in 2024.
- $43M
- total plan assets (2024 EOY)
- 479
- covered participants
- 82nd
- percentile by assets (of 116,472 plans)
- $89,463
- avg assets per participant
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Hanson Group, Inc. Employee Stock Ownership Trust reported net income fell from $11M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Hanson Group, Inc. Employee Stock Ownership Trust end-of-year assets fell from $46M in the plan year 2023 filing to $43M in the plan year 2024 filing.
- Hanson Group, Inc. Employee Stock Ownership Trust reported participants rose from 458 in the plan year 2023 filing to 479 in the plan year 2024 filing.
Hanson Group, Inc. Employee Stock Ownership Trust vs the 2024 asset distribution
By assets, Hanson Group, Inc. Employee Stock Ownership Trust 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) | $46M |
|---|---|
| Net Assets (End of Year) | $43M |
| Net Income | -$3M |
| Employer EIN | 371301332 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hanson Group, Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 930 | $136M |
| 2023 | 2 | 927 | $165M |
| 2024 | 2 | 967 | $175M |
Nearby ESOP Plans in Illinois
Peer ESOP plans, same state, same plan type, ranked by total assets.
Hanson Group, Inc. Employee Stock Ownership Trust vs. nearby ESOP plans in Illinois, assets vs. participants
- Kehe Distributors, Inc. Employee Stock Ownership Plan $2.2B · 4,815
- Scot Forge Company Employee Stock Ownership Plan $1.4B · 491
- Bdo USA Employee Stock Ownership Plan $1.1B · 9,258
- Shorr Paper Products, Inc. Employee Stock Ownership Plan $430M · 543
- Rli Corp. Employee Stock Ownership Plan $404M · 1,001
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Hanson Group, Inc. Employee Stock Ownership Trust by total assets, not by location.
Frequently Asked Questions
How did Hanson Group, Inc. Employee Stock Ownership Trust assets move in 2024? ▼
How have Hanson Group, Inc plan assets changed over time? ▼
Where does Hanson Group, Inc. Employee Stock Ownership Trust rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Hanson Group, Inc. Employee Stock Ownership Trust? ▼
Next read for Hanson Group, Inc. Employee Stock Owners…
Scale reading
Ways to act on Hanson Group, Inc. Employee Stock Ownership Trust's numbers.
- By total assets, Hanson Group, Inc. Employee Stock Ownership Trust 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 Illinois. Compare plans
- Hanson Group, Inc's sponsor-wide assets have grown 29.0% since 2022 across 3 plan years on file. More Professional & Technical Services 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 371301332.
Read our methodology - how this data is sourced, computed, and verified.