ESOP · DOL Form 5500 · 2024

Basden Steel Corporation ESOP

Data updated 2026-07-24

$44M
Total assets: 527
Participants: 83rd
Percentile by assets: $84,027
Avg per participant

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.

83rd percentile by assets (of 116,472 plans)

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.

$44M
total plan assets (2024 EOY): 527
covered participants: 83rd
percentile by assets (of 116,472 plans): $84,027
avg assets per participant

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 →

State

Texas

Industry

Construction

Basden Steel Corp Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Basden Steel Corp Employee Stock Ownership Plan outranks 83% 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)	$40M
Net Assets (End of Year)	-$16M
Net Income	$5M
Employer EIN	752572555
Plan Effective Date	2016-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Basden Steel Corporation)

Total plan assets by year, all Basden Steel Corporation plans on file

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

Sammons Enterprises, Inc. Employee Stock Ownership Plan $23.9B · 3,284
Highland Homes Employee Stock Ownership Plan $983M · 891
Austin Industries Employee Stock Ownership Plan $527M · 7,703
Lja Engineering, Inc. Employee Stock Ownership Plan $493M · 1,799
Air Tractor Holdings, Inc. Employee Stock Ownership Plan $401M · 350

Compare Basden Steel Corp Employee Stock Ownersh… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Basden Steel Corp Employee Stock Ownership Plan by total assets, not by location.

Brph Companies, Inc. Employee Stock Ownership Plan and Trust (FL) $44M · 288
Consolidated Supply Employee Stock Ownership Plan (NE) $44M · 336
Mayo Construction Company, Inc. Employee Stock Ownership Plan and Trust (ND) $44M · 109
Infoverity, Inc. Employee Stock Ownership Plan (OH) $44M · 176

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 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 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).

Next read for Basden Steel Corp Employee Stock Ownersh…

Scale reading

Ways to act on Basden Steel Corp Employee Stock Ownership Plan's numbers.

By total assets, Basden Steel Corp 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 Texas. Compare plans
Basden Steel Corporation's sponsor-wide assets have grown 34.5% 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 752572555.

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.