ESOP · DOL Form 5500 · 2024

Hawkeye Electric, Inc. ESOP

Data updated 2026-08-11

$52M
Total assets
162
Participants
85th
Percentile by assets
$318,237
Avg per participant
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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.

  • 85th percentile by assets (of 123,622 plans)
  • #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.

$52M
total plan assets (2024 EOY)
162
covered participants
85th
percentile by assets (of 123,622 plans)
$318,237
avg assets per participant

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 →

State
Industry

Participants vs Arizona filers

In Arizona, the average filing covers about 564 participants across 2,304 plans. Hawkeye Electric, Inc. Employee Stock Ownership Plan reports 162 participants - about 29% of that state average ($52M EOY assets).

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.)

$20M$30M$40M$50M$60M 202220232024 $26.5M $51.6M ▲ +94.4%
Total plan assets by year, all Hawkeye Electric, Inc. plans on file
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

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, In…The Sundt Companies …U-Haul Holding Compa…Spencer's Air Condit…Wilson Electric Serv…Pima Medical Institu…
Hawkeye Electric, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

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).

Next read for Hawkeye Electric, Inc. Employee Stock Ow…

Filing takeaways

Ways to act on Hawkeye Electric, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Hawkeye Electric, Inc. 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 Arizona. Compare plans
  • Hawkeye Electric, Inc.'s sponsor-wide assets have grown 94.4% since 2022 across 3 plan years on file. More Construction plans