ESOP · DOL Form 5500 · 2024

Basden Steel Corporation ESOP

Data updated 2026-08-25

$44M
Total assets Below avg plan size
527
Participants Below avg headcount
83rd
Percentile by assets National rank
$84,027
Avg per participant Below avg balance/head
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Official DOL plan name: Basden Steel Corp Employee Stock Ownership Plan · Sponsored by Basden Steel Corporation · Texas · Construction

$44M in assets, 527 participants

Basden Steel Corporation's Basden Steel Corp Employee Stock Ownership Plan reported $44M in total assets and 527 participants in its 2024 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.

  • #7,322 in Construction (9,039 peers)

Where Basden Steel Corp Employee Stock Ownership Plan sits by assets

Basden Steel Corp Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $44M for 527 participants (~$84,027/participant), up 11.5% in 2024.

#7,322
in Construction (9,039 peers)
+11.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Basden Steel Corp Employee Stock Ownership Plan's outsized position by total assets

Basden Steel Corp Employee Stock Ownership Plan vs every filed plan by assets

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

$44,282,268 Top 17% higher than 83% 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

Basden Steel Corp Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Basden Steel Corp Employee Stock Ownership Plan sits mid-pack in the medium band (527 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Basden Steel Corp Employee Stock Ownership Plan reported net income fell from $9M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Basden Steel Corp Employee Stock Ownership Plan reported participants rose from 389 in the plan year 2023 filing to 527 in the plan year 2024 filing.
  • Basden Steel Corp Employee Stock Ownership Plan end-of-year assets rose from $40M in the plan year 2023 filing to $44M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 752572555 · Basden Steel Corporation PY 2024 · ESOP

Basden Steel Corp Employee Stock Ownership Plan · $44M · 527 · 83rd

  • RANK $44M
  • RANK 527
  • RANK 83rd
  • RANK ESOP
  • RANK near Brph Companies, Inc. Employee Stock Ownership Plan and Trust
  • RANK ind #7322

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 Texas →

Basden Steel Corp Employee Stock Ownership Plan in the asset neighbourhood

Mayo Construction Company, Inc. Employee Stock Ownership Plan and TrustMayo Construction Company, I…$44MBasden Steel Corp Employee Stock Ownership PlanBasden Steel Corp Employee S…$44MBrph Companies, Inc. Employee Stock Ownership Plan and TrustBrph Companies, Inc. Employe…$44MConsolidated Supply Employee Stock Ownership PlanConsolidated Supply Employee…$44MInfoverity, Inc. Employee Stock Ownership PlanInfoverity, Inc. Employee St…$44M
End-of-year total assets ($M) among Basden Steel Corp 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)$40M
Net Assets (End of Year)-$16M
Net Income$5M
Employer EIN752572555
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basden Steel Corporation)

Sponsor-wide plan assets over time

All Basden Steel Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$54M 34.48332831894975% vs 2022
2024 filing year
$35M$40M$45M$50M$55M$60M 202220232024 $40.1M $53.9M ▲ +34.5%
Year Plans Participants Total Assets
2022 2 819 $40M
2023 2 814 $48M
2024 2 993 $54M

Nearby ESOP Plans in Texas

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

Basden Steel Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -100102030 Total assets ($B) Participants Basden Steel Corp Employee Stock Ownership Plan, Total assets ($B): 0.044282268 · Participants: 527Basden Steel Corp Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 23.876523932 · Participants: 3284Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.982965144 · Participants: 891Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.527193522 · Participants: 7703Austin Industries Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.493492368 · Participants: 1799Lja Engineering, Inc. Employee Stock Ownership PlanAir Tractor Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.40134922 · Participants: 350Air Tractor Holdings, Inc. Employee Stock Ownership Plan
Basden Steel Corp Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants

Basden Steel Corp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is Brph Companies, Inc. Employee Stock Ownership Plan and Trust in FL ($44M); by covered participants it is Kkw Holdings, Inc. Employee Stock Ownership Plan in CA (528 participants). Same-state nearby plans are listed separately above.

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 Basden Steel Corp Employee Stock Ownership Plan assets move in 2024?
Basden Steel Corp Employee Stock Ownership Plan grew at a solid clip - up 11.5% during 2024, from $40M to $44M. Reported net income was $5M.
How have Basden Steel Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Basden Steel Corporation's sponsor-wide assets grew 34.5%, from $40M to $54M.
Where does Basden Steel Corp Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Basden Steel Corp Employee Stock Ownership Plan ranks in the 83rd 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 Basden Steel Corp Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Brph Companies, Inc. Employee Stock Ownership Plan and Trust in FL ($44M, 288 participants).
Which ESOP plans cover a similar participant headcount to Basden Steel Corp Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Kkw Holdings, Inc. Employee Stock Ownership Plan in CA (528 participants, $30M in assets).