ESOP · DOL Form 5500 · 2024

Hillis-Carnes Engineering Associates, Inc. ESOP ESOP

Data updated 2026-07-24

$72M
Total assets
328
Participants
88th
Percentile by assets
$219,641
Avg per participant
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Official DOL plan name: Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan · Sponsored by Hillis-Carnes Engineering Associates, Inc. ESOP · Maryland · Professional & Technical Services

$72M in assets, 328 participants

Hillis-Carnes Engineering Associates, Inc. ESOP's Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reported $72M in total assets and 328 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 116,472 plans)

Coverage in Maryland

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan covers 328 participants in Maryland, about 34% of the average Maryland filer (state average ~971 per filing). Assets: $72M.

$72M
total plan assets (2024 EOY)
328
covered participants
88th
percentile by assets (of 116,472 plans)
$219,641
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan end-of-year assets rose from $65M in the plan year 2023 filing to $72M in the plan year 2024 filing.
  • Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reported participants rose from 317 in the plan year 2023 filing to 328 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Maryland filers

In Maryland, the average filing covers about 971 participants across 2,307 plans. Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan reports 328 participants - about 34% of that state average ($72M EOY assets).

Maryland filing particulars

Total Assets (Beginning of Year)$65M
Net Assets (End of Year)$72M
Net Income$7M
Employer EIN521629263
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hillis-Carnes Engineering Associates, Inc. ESOP)

$70M$80M$90M$100M$110M 202220232024 $81.1M $102M ▲ +25.9%
Total plan assets by year, all Hillis-Carnes Engineering Associates, Inc. ESOP plans on file
Year Plans Participants Total Assets
2022 2 694 $81M
2023 2 726 $91M
2024 2 748 $102M

Nearby ESOP Plans in Maryland

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

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants

Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 00.511.5 Total assets ($B) Participants Hillis-Carnes Engine…Evapco, Inc. Employe…Westat, Inc. Employe…Kci Technologies, In…Lockheed Martin Corp…Brown Capital Manage…
Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan assets move in 2024?
Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan grew at a solid clip - up 10.2% during 2024, from $65M to $72M. Reported net income was $7M.
How have Hillis-Carnes Engineering Associates, Inc. ESOP plan assets changed over time?
Across 3 plan years on file (2022-2024), Hillis-Carnes Engineering Associates, Inc. ESOP's sponsor-wide assets grew 25.9%, from $81M to $102M.
Where does Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 116,472 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 Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Triad Manufacturing, Inc. Employee Stock Ownership Plan in MO ($72M, 327 participants).

Next read for Hillis-Carnes Engineering Associates, In…

Filing takeaways

Ways to act on Hillis-Carnes Engineering Associates, Inc. Employee Stock Ownership Plan's numbers.

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 521629263.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.