ESOP · DOL Form 5500 · 2024
Choate Construction Company ESOP
Data updated 2026-08-25
- $548M
- Total assets Above avg plan size
- 494
- Participants Below avg headcount
- 97th
- Percentile by assets National rank
- $1.1M
- Avg per participant High balance/head
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.
- #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.
- #8,791
- in Construction (9,039 peers)
- +34.3%
- assets growth YoY
- 5.5×
- vs typical plan assets (national mean)
Choate Construction Company Employee Stock Ownership Plan's outsized position 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
Choate Construction Company 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. Choate Construction Company Employee Stock Ownership Plan sits mid-pack in the medium band (494 participants).
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.
Plan-year Form 5500 strip
Filing strip 581851823 · Choate Construction Company PY 2024 · ESOP
Choate Construction Company Employee Stock Ownership Plan · $548M · 494 · 97th
- RANK $548M
- PHOTO 494
- IND 97th
- EOY ESOP
- 5500 near Proponent Employee Stock Ownership Plan
- ASSETS ind #8791
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 Georgia →
Choate Construction Company Employee Stock Ownership Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Choate Construction Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $637M 67.03327969225776% vs 2022
- 2024 filing year
| 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.
- 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
Choate Construction Company Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Georgia, the nearest ESOP by assets is Proponent Employee Stock Ownership Plan in CA ($543M); by covered participants it is Strategies to Empower People Employee Stock Ownership Plan in CA (494 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($548M here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (494 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.