Other
2024 plan-year Other DOL Form 5500

Chesmar Group, Inc. Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Chesmar Group, Inc. Β· Texas Β· Construction

What the 2023 filing shows

Chesmar Group, Inc. Employee Stock Ownership Plan holds N/A for N/A participants.

N/A
total plan assets (2024 EOY)
N/A
covered participants
$-32,769,111
reported net income

The plan reported a net loss of $33M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
N/A
Participants
N/A
State
Industry
Construction

What the Filing Says About Chesmar Group, Inc. Employee Stock Ownership Plan

Chesmar Group, Inc. Employee Stock Ownership Plan is a Other retirement plan sponsored by Chesmar Group, Inc., headquartered in Texas. As of the 2024 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers N/A participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 823783370, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $33M at the beginning of 2024 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-32,769,111 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$33M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-32,769,111
Plan TypeOther
Employer EIN823783370
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chesmar Group, Inc.)

Year Plans Participants Total Assets
2022 1 320 $79M
2023 1 405 $31M
2024 2 N/A $33M

Nearby Other Plans in Texas

Peer Other plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Chesmar Group, Inc. Employee Stock Ownership Plan?
As of the 2024 Form 5500 filing, Chesmar Group, Inc. Employee Stock Ownership Plan holds N/A in total assets with N/A participants. It is sponsored by Chesmar Group, Inc..
What type of plan is Chesmar Group, Inc. Employee Stock Ownership Plan?
Chesmar Group, Inc. Employee Stock Ownership Plan is a Other plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 823783370.
Who sponsors the Chesmar Group, Inc. Employee Stock Ownership Plan?
Chesmar Group, Inc. Employee Stock Ownership Plan is sponsored by Chesmar Group, Inc., located in Texas. The sponsor's EIN is 823783370 and the plan operates in the Construction industry.
How did Chesmar Group, Inc. Employee Stock Ownership Plan perform in 2024?
Chesmar Group, Inc. Employee Stock Ownership Plan held N/A in total assets at the end of 2024. Net income was $-32,769,111.
Where can I find official filings for Chesmar Group, Inc. Employee Stock Ownership Plan?
Official Form 5500 filings for Chesmar Group, Inc. Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 823783370 or plan name at efast.dol.gov.
How does Chesmar Group, Inc. Employee Stock Ownership Plan compare to other plans?
You can compare Chesmar Group, Inc. Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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) β€” original filing retrieval by EIN 823783370.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

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