ESOP · DOL Form 5500 · 2024

Reed & Reed, Inc. ESOP

Data updated 2026-08-25

$22M
Total assets Small plan by assets
140
Participants Small participant base
72nd
Percentile by assets National rank
$158,596
Avg per participant Above avg balance/head
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Official DOL plan name: Reed & Reed, Inc. Employee Stock Ownership Plan · Sponsored by Reed & Reed, Inc. · · Construction

$22M in assets, 140 participants

Reed & Reed, Inc.'s Reed & Reed, Inc. Employee Stock Ownership Plan reported $22M in total assets and 140 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,427 in Construction (9,039 peers)

Reed & Reed, Inc. multi-year trail

Reed & Reed, Inc.'s plans moved +48.9% in assets from 2022 to 2024; this filing shows Reed & Reed, Inc. Employee Stock Ownership Plan at $22M / 140 participants.

#6,427
in Construction (9,039 peers)
+64.5%
assets growth YoY

Reed & Reed, Inc. Employee Stock Ownership Plan's outsized position by total assets

Reed & Reed, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$22,203,447 Top 28% higher than 72% 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

Reed & Reed, 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. Reed & Reed, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (140 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Reed & Reed, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Reed & Reed, Inc. Employee Stock Ownership Plan end-of-year assets rose from $13M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Reed & Reed, Inc. Employee Stock Ownership Plan reported participants rose from 134 in the plan year 2023 filing to 140 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 010378835 · Reed & Reed, Inc. PY 2024 · ESOP

Reed & Reed, Inc. Employee Stock Ownership Plan · $22M · 140 · 72nd

  • 5500 $22M
  • ASSETS 140
  • PCT 72nd
  • EIN ESOP
  • RANK near Progressive Ae Employee Stock Ownership Plan
  • PHOTO ind #6427

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? →

Reed & Reed, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Progressive Ae Employee Stock Ownership PlanProgressive Ae Employee Stoc…$22MReed & Reed, Inc. Employee Stock Ownership PlanReed & Reed, Inc. Employee S…$22MBills Electric, Inc. Employee Stock Ownership PlanBills Electric, Inc. Employe…$22MHarris & Associates Employee Stock Ownership PlanHarris & Associates Employee…$22MBlue Foundry Bank Employee Stock Ownership PlanBlue Foundry Bank Employee S…$22M
End-of-year total assets ($M) among Reed & Reed, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Reed & Reed, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Reed & Reed, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$63M 48.85484784556532% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $42.4M $63.1M ▲ +48.9%
Year Plans Participants Total Assets
2022 2 292 $42M
2023 2 277 $50M
2024 2 312 $63M

Reed & Reed, Inc. filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$22M
Net Income$9M
Employer EIN010378835
Plan Effective Date2016-02-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in

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

Reed & Reed, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants Scatter plot of 6 data points. 0100200300400500 050100150 Total assets ($M) Participants Reed & Reed, Inc. Employee Stock Ownership Plan, Total assets ($M): 22.203447 · Participants: 140Reed & Reed, Inc. Employee Stock Ownership PlanLetner Roofing Company Employee Stock Ownership Plan, Total assets ($M): 140.631332 · Participants: 71Letner Roofing Company Employee Stock Ownership PlanGodshall's Quality Meats Employee Stock Ownership Plan, Total assets ($M): 78.199328 · Participants: 273Godshall's Quality Meats Employee Stock Ownership PlanOnin Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 42.312512 · Participants: 422Onin Holdings, Inc. Employee Stock Ownership PlanPapich Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 33.8 · Participants: 85Papich Construction Company, Inc. Employee Stock Ownership PlanHc Employee Stock Ownership Plan, Total assets ($M): 25.6 · Participants: 430Hc Employee Stock Ownership Plan
Reed & Reed, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in , assets vs. participants
Compare Reed & Reed, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside this state, the nearest ESOP by assets is Progressive Ae Employee Stock Ownership Plan in MI ($22M); by covered participants it is Esl Power Systems, Inc. Employee Stock Ownership Plan in CA (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 Reed & Reed, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Reed & Reed, Inc. Employee Stock Ownership Plan surged - up 64.5% during 2024, from $13M to $22M. Reported net income was $9M.
How have Reed & Reed, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Reed & Reed, Inc.'s sponsor-wide assets grew 48.9%, from $42M to $63M.
Which ESOP plans are similar in size to Reed & Reed, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Progressive Ae Employee Stock Ownership Plan in MI ($22M, 293 participants).
Which ESOP plans cover a similar participant headcount to Reed & Reed, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Esl Power Systems, Inc. Employee Stock Ownership Plan in CA (140 participants, $17M 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 010378835.

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.