ESOP · DOL Form 5500 · 2024
Downes Holding Company, Inc. ESOP
Data updated 2026-08-11
- $51M
- Total assets
- 50
- Participants
- 84th
- Percentile by assets
- $1.0M
- Avg per participant
Official DOL plan name: Downes Holding Company, Inc. Employee Stock Ownership Plan · Sponsored by Downes Holding Company, Inc. · Connecticut · Construction
$51M in assets, 50 participants
Downes Holding Company, Inc.'s Downes Holding Company, Inc. Employee Stock Ownership Plan reported $51M in total assets and 50 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.
- 84th percentile by assets (of 123,622 plans)
- #7,467 in Construction (9,039 peers)
Where Downes Holding Company, Inc. Employee Stock Ownership Plan sits by assets
Downes Holding Company, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $51M for 50 participants (~$1.0M/participant), up 59.3% in 2024.
- $51M
- total plan assets (2024 EOY)
- 50
- covered participants
- 84th
- percentile by assets (of 123,622 plans)
- $1.0M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Downes Holding Company, Inc. Employee Stock Ownership Plan end-of-year assets rose from $32M in the plan year 2023 filing to $51M in the plan year 2024 filing.
- Downes Holding Company, Inc. Employee Stock Ownership Plan reported participants rose from 38 in the plan year 2023 filing to 50 in the plan year 2024 filing.
- Downes Holding Company, Inc. Employee Stock Ownership Plan reported net income rose from $17M in the plan year 2023 filing to $20M in the plan year 2024 filing.
Downes Holding Company, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution
By assets, Downes Holding Company, Inc. Employee Stock Ownership Plan outranks 84% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $32M |
|---|---|
| Net Assets (End of Year) | $28M |
| Net Income | $20M |
| Employer EIN | 844247352 |
| Plan Effective Date | 2019-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Downes Holding Company, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 38 | $16M |
| 2023 | 1 | 38 | $32M |
| 2024 | 1 | 50 | $51M |
Nearby ESOP Plans in Connecticut
Peer ESOP plans, same state, same plan type, ranked by total assets.
Downes Holding Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Connecticut, assets vs. participants
- Mott Corporation Employee Stock Ownership Plan $305M · 327
- Bl Companies, Inc. Employee Stock Ownership Plan $128M · 309
- Sonalysts, Inc. Employee Stock Ownership Plan $126M · 417
- Eurpac Service, Inc. Employee Stock Ownership Plan $108M · 572
- Twin Mro Employee Stock Ownership Plan $106M · 110
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Downes Holding Company, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Downes Holding Company, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Downes Holding Company, 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 Connecticut. Compare plans
- Downes Holding Company, Inc.'s sponsor-wide assets have grown 213.2% since 2022 across 3 plan years on file. More Construction plans