ESOP · DOL Form 5500 · 2024

Hawkeye Electric, Inc. ESOP

Data updated 2026-08-25

$52M
Total assets Below avg plan size
162
Participants Small participant base
85th
Percentile by assets National rank
$318,237
Avg per participant High balance/head
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Official DOL plan name: Hawkeye Electric, Inc. Employee Stock Ownership Plan · Sponsored by Hawkeye Electric, Inc. · Arizona · Construction

$52M in assets, 162 participants

Hawkeye Electric, Inc.'s Hawkeye Electric, Inc. Employee Stock Ownership Plan reported $52M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #7,470 in Construction (9,039 peers)

Coverage in Arizona

Hawkeye Electric, Inc. Employee Stock Ownership Plan covers 162 participants in Arizona, about 29% of the average Arizona filer (state average ~564 per filing). Assets: $52M.

#7,470
in Construction (9,039 peers)
+29.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Hawkeye Electric, Inc. Employee Stock Ownership Plan's outsized position by total assets

Hawkeye Electric, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$51,554,397 Top 15% higher than 85% 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

Hawkeye Electric, Inc. 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. Hawkeye Electric, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (162 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hawkeye Electric, Inc. Employee Stock Ownership Plan reported net income fell from $19M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Hawkeye Electric, Inc. Employee Stock Ownership Plan end-of-year assets rose from $40M in the plan year 2023 filing to $52M in the plan year 2024 filing.
  • Hawkeye Electric, Inc. Employee Stock Ownership Plan reported participants rose from 142 in the plan year 2023 filing to 162 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 860972617 · Hawkeye Electric, Inc. PY 2024 · ESOP

Hawkeye Electric, Inc. Employee Stock Ownership Plan · $52M · 162 · 85th

  • NET $52M
  • BOOK 162
  • VS-ST 85th
  • BOY ESOP
  • SCH near Boston, Inc. Employee Stock Ownership Plan
  • EBSA ind #7470

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 Arizona →

Hawkeye Electric, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Design Partners, Incorporated ESOPDesign Partners, Incorporate…$52MSps New England, Inc. Employee Stock Ownership PlanSps New England, Inc. Employ…$52MHawkeye Electric, Inc. Employee Stock Ownership PlanHawkeye Electric, Inc. Emplo…$52MBoston, Inc. Employee Stock Ownership PlanBoston, Inc. Employee Stock …$52MBuilding Plastics, Inc. Employee Stock Ownership PlanBuilding Plastics, Inc. Empl…$52M
End-of-year total assets ($M) among Hawkeye Electric, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Arizona filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$47M
Net Income$12M
Employer EIN860972617
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hawkeye Electric, Inc.)

Sponsor-wide plan assets over time

All Hawkeye Electric, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$52M 94.37221846162176% vs 2022
2024 filing year
$20M$30M$40M$50M$60M 202220232024 $26.5M $51.6M ▲ +94.4%
Year Plans Participants Total Assets
2022 2 320 $27M
2023 1 142 $40M
2024 1 162 $52M

Nearby ESOP Plans in Arizona

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

Hawkeye Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.52 Total assets ($B) Participants Hawkeye Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.051554397 · Participants: 162Hawkeye Electric, Inc. Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.454509943 · Participants: 3220The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.561105831 · Participants: 21253U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.414837473 · Participants: 263Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.26183793 · Participants: 757Wilson Electric Services Corp. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.225590305 · Participants: 1089Pima Medical Institute Employee Stock Ownership Plan
Hawkeye Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Hawkeye Electric, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Hawkeye Electric, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arizona, the nearest ESOP by assets is Boston, Inc. Employee Stock Ownership Plan in WI ($52M); by covered participants it is Minnesota Elevator, Inc. Employee Stock Ownership Plan in MN (162 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (162 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.

Frequently Asked Questions

How did Hawkeye Electric, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Hawkeye Electric, Inc. Employee Stock Ownership Plan grew sharply - up 29.1% during 2024, from $40M to $52M. Reported net income was $12M.
How have Hawkeye Electric, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hawkeye Electric, Inc.'s sponsor-wide assets grew 94.4%, from $27M to $52M.
Where does Hawkeye Electric, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Hawkeye Electric, Inc. Employee Stock Ownership Plan ranks in the 85th 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 Hawkeye Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Boston, Inc. Employee Stock Ownership Plan in WI ($52M, 500 participants).
Which ESOP plans cover a similar participant headcount to Hawkeye Electric, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Minnesota Elevator, Inc. Employee Stock Ownership Plan in MN (162 participants, $74M in assets).

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 860972617.

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.