ESOP · DOL Form 5500 · 2024

Derk Harmsen Construction Company, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
21
Participants Small participant base
47th
Percentile by assets National rank
$316,348
Avg per participant High balance/head
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Official DOL plan name: Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan · Sponsored by Derk Harmsen Construction Company, Inc. · Texas · Construction

$7M in assets, 21 participants

Derk Harmsen Construction Company, Inc.'s Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan reported $7M in total assets and 21 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #4,139 in Construction (9,039 peers)

What the 2024 filing shows

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan holds $7M for 21 participants - about $316,348 per participant, in the lower half of filed plans by assets.

#4,139
in Construction (9,039 peers)
-7.8%
assets change YoY

The plan reported a net loss of $562K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,643,316 47th percentile higher than 47% 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

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan is a small filing (21 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan reported net income fell from $242K in the plan year 2023 filing to -$562K in the plan year 2024 filing.
  • Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan reported participants rose from 20 in the plan year 2023 filing to 21 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 742075485 · Derk Harmsen Construction Company, Inc. PY 2024 · ESOP

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan · $7M · 21 · 47th

  • ASSETS $7M
  • ASSETS 21
  • ASSETS 47th
  • ASSETS ESOP
  • ASSETS near First Northwest Bancorp Employee Stock Ownership Plan
  • ASSETS ind #4139

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 Texas →

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan in the asset neighbourhood

Murphy Bank Employee Stock Ownership PlanMurphy Bank Employee Stock O…$7MUSA 2 Go Employee Stock Ownership PlanUSA 2 Go Employee Stock Owne…$7MZia Record Exchange Employee Stock Ownership PlanZia Record Exchange Employee…$7MDerk Harmsen Construction Co., Inc. Employee Stock Ownership PlanDerk Harmsen Construction Co…$7MFirst Northwest Bancorp Employee Stock Ownership PlanFirst Northwest Bancorp Empl…$7M
End-of-year total assets ($M) among Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$7M
Net Income-$562K
Employer EIN742075485
Plan Effective Date1995-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Derk Harmsen Construction Company, Inc.)

Sponsor-wide plan assets over time

All Derk Harmsen Construction Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 4.595936408166935% vs 2022
2024 filing year
$6.4M$6.6M$6.8M$7M$7.2M$7.4M 202220232024 $6.96M $6.64M ▼ -4.6%
Year Plans Participants Total Assets
2022 1 20 $7M
2023 1 20 $7M
2024 1 21 $7M

Nearby ESOP Plans in Texas

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

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -100102030 Total assets ($B) Participants Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.006643316 · Participants: 21Derk Harmsen Construction Co., Inc. Employee Stock Ownership PlanSammons Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($B): 23.876523932 · Participants: 3284Sammons Enterprises, Inc. Employee Stock Ownership PlanHighland Homes Employee Stock Ownership Plan, Total assets ($B): 0.982965144 · Participants: 891Highland Homes Employee Stock Ownership PlanAustin Industries Employee Stock Ownership Plan, Total assets ($B): 0.527193522 · Participants: 7703Austin Industries Employee Stock Ownership PlanLja Engineering, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.493492368 · Participants: 1799Lja Engineering, Inc. Employee Stock Ownership PlanAir Tractor Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.40134922 · Participants: 350Air Tractor Holdings, Inc. Employee Stock Ownership Plan
Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Texas, assets vs. participants
Compare Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Texas, the nearest ESOP by assets is First Northwest Bancorp Employee Stock Ownership Plan in WA ($7M); by covered participants it is Bell Stone Granite Employee Stock Ownership Plan in AZ (21 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (21 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 Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan pulled back noticeably - down 7.8% during 2024, from $7M to $7M. Reported net income was -$562K.
How have Derk Harmsen Construction Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Derk Harmsen Construction Company, Inc.'s sponsor-wide assets declined 4.6%, from $7M to $7M.
Which ESOP plans are similar in size to Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is First Northwest Bancorp Employee Stock Ownership Plan in WA ($7M, 213 participants).
Which ESOP plans cover a similar participant headcount to Derk Harmsen Construction Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Bell Stone Granite Employee Stock Ownership Plan in AZ (21 participants, $60K 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 742075485.

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.