ESOP · DOL Form 5500 · 2024

Sea Engineering, Inc. ESOP

Data updated 2026-07-24

$26M
Total assets
53
Participants
75th
Percentile by assets
$494,027
Avg per participant
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Official DOL plan name: Sea Engineering, Inc. Employee Stock Ownership Plan · Sponsored by Sea Engineering, Inc. · Hawaii · Professional & Technical Services

$26M in assets, 53 participants

Sea Engineering, Inc.'s Sea Engineering, Inc. Employee Stock Ownership Plan reported $26M in total assets and 53 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 116,472 plans)

Where Sea Engineering, Inc. Employee Stock Ownership Plan sits by assets

Sea Engineering, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $26M for 53 participants (~$494,027/participant), up 39.2% in 2024.

$26M
total plan assets (2024 EOY)
53
covered participants
75th
percentile by assets (of 116,472 plans)
$494,027
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sea Engineering, Inc. Employee Stock Ownership Plan reported net income rose from -$2M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Sea Engineering, Inc. Employee Stock Ownership Plan end-of-year assets rose from $19M in the plan year 2023 filing to $26M in the plan year 2024 filing.
  • Sea Engineering, Inc. Employee Stock Ownership Plan reported participants rose from 46 in the plan year 2023 filing to 53 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Sea Engineering, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Sea Engineering, Inc. Employee Stock Ownership Plan outranks 75% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$26M
Net Income$7M
Employer EIN990153637
Plan Effective Date2004-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sea Engineering, Inc.)

$15M$20M$25M$30M 202220232024 $20.8M $26.2M ▲ +25.6%
Total plan assets by year, all Sea Engineering, Inc. plans on file
Year Plans Participants Total Assets
2022 1 41 $21M
2023 1 46 $19M
2024 1 53 $26M

Nearby ESOP Plans in Hawaii

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

Sea Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants

Sea Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants Scatter plot of 6 data points. -500050010001500 050100150200 Total assets ($M) Participants Sea Engineering, Inc…Bowers & Kubota Cons…Gpf Life and Health …R. M. Towill Corpora…Roberts Hawaii, Inc.…Hpm Building Supply …
Sea Engineering, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Hawaii, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Sea Engineering, Inc. Employee Stock Ownership Plan assets move in 2024?
Sea Engineering, Inc. Employee Stock Ownership Plan surged - up 39.2% during 2024, from $19M to $26M. Reported net income was $7M.
How have Sea Engineering, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sea Engineering, Inc.'s sponsor-wide assets grew 25.6%, from $21M to $26M.
Where does Sea Engineering, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Sea Engineering, Inc. Employee Stock Ownership Plan ranks in the 75th 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 Sea Engineering, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is First Financial Corporation Employee Stock Ownership Plan in IN ($26M, 863 participants).

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Ways to act on Sea Engineering, Inc. Employee Stock Ownership Plan's numbers.

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 990153637.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.