ESOP · DOL Form 5500 · 2024
Choate Construction Company ESOP
Data updated 2026-08-11
- $548M
- Total assets
- 494
- Participants
- 97th
- Percentile by assets
- $1.1M
- Avg per participant
Official DOL plan name: Choate Construction Company Employee Stock Ownership Plan · Sponsored by Choate Construction Company · Georgia · Construction
$548M in assets, 494 participants
Choate Construction Company's Choate Construction Company Employee Stock Ownership Plan reported $548M in total assets and 494 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 123,622 plans)
- #8,791 in Construction (9,039 peers)
Coverage in Georgia
Choate Construction Company Employee Stock Ownership Plan covers 494 participants in Georgia, about 45% of the average Georgia filer (state average ~1,096 per filing). Assets: $548M.
- $548M
- total plan assets (2024 EOY)
- 494
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $1.1M
- avg assets per participant
Where Choate Construction Company Employee Stock Ownership Plan sits by total assets
Choate Construction Company Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$548,082,498 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Choate Construction Company Employee Stock Ownership Plan reported net income rose from $93M in the plan year 2023 filing to $145M in the plan year 2024 filing.
- Choate Construction Company Employee Stock Ownership Plan end-of-year assets rose from $408M in the plan year 2023 filing to $548M in the plan year 2024 filing.
- Choate Construction Company Employee Stock Ownership Plan reported participants rose from 454 in the plan year 2023 filing to 494 in the plan year 2024 filing.
Participants vs Georgia filers
In Georgia, the average filing covers about 1,096 participants across 3,635 plans. Choate Construction Company Employee Stock Ownership Plan reports 494 participants - about 45% of that state average ($548M EOY assets).
Georgia filing particulars
| Total Assets (Beginning of Year) | $408M |
|---|---|
| Net Assets (End of Year) | $498M |
| Net Income | $145M |
| Employer EIN | 581851823 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Choate Construction Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 921 | $381M |
| 2023 | 2 | 998 | $485M |
| 2024 | 2 | 1,057 | $637M |
Nearby ESOP Plans in Georgia
Peer ESOP plans, same state, same plan type, ranked by total assets.
Choate Construction Company Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
- Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan $681M · 1,745
- Brent Scarbrough & Company Employee Stock Ownership Plan $522M · 485
- Aubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan $281M · 488
- Dixie Plywood and Lumber Company Employee Stock Ownership Plan $231M · 324
- United Bank Corporation Employee Stock Ownership Plan $107M · 354
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Choate Construction Company Employee Stock Ownership Plan by total assets, not by location.
- Proponent Employee Stock Ownership Plan (CA) $543M · 439
- U-Haul Holding Company Employee Stock Ownership Plan (AZ) $561M · 21,253
- Recology Employee Stock Ownership Plan (CA) $529M · 3,767
- Acadian Ambulance Service, Inc. Employee Stock Ownership Plan (LA) $528M · 3,705
Frequently Asked Questions
How did Choate Construction Company Employee Stock Ownership Plan assets move in 2024? ▼
How have Choate Construction Company plan assets changed over time? ▼
Where does Choate Construction Company Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Choate Construction Company Employee Stock Ownership Plan? ▼
Next read for Choate Construction Company Employee Sto…
Filing takeaways
Ways to act on Choate Construction Company Employee Stock Ownership Plan's numbers.
- By total assets, Choate Construction Company Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Georgia. Compare plans
- Choate Construction Company's sponsor-wide assets have grown 67.0% since 2022 across 3 plan years on file. More Construction plans