Texas › Real estate and rental and leasing › 250 to 499 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Employee-Owned Companies, Inc. Employees' Stock Ownership Plan
Sponsored by Employee-Owned Companies, Inc. DBA E-O-C, Inc., Irving, TX
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Employee-Owned Companies, Inc. Employees' Stock Ownership Plan covered 473 participants and held $10.2M in net assets. The plan is an employee stock ownership plan sponsored by Employee-Owned Companies, Inc. DBA E-O-C, Inc. of Irving, Texas.
Net assets came to $21,513 per participant, well below the $48,746 median for defined contribution plans with 250 to 499 participants and well below the $40,415 median for defined contribution plans in real estate and rental and leasing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $0.
Across the filings on record, net assets went from $59.9M in 2016 to $10.2M in 2024 (down 83%), and participants from 288 to 473 (up 64%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $21,513 | $48,746 | $40,415 | $53,102 |
| Employer contributions per active participant | — | $2,017 | $1,625 | $2,175 |
| Schedule C compensation per participant | — | $141 | $126 | $123 |
| Schedule C compensation, share of net assets | — | 0.30% | 0.34% | 0.26% |
| Administrative expenses per participant | — | $133 | $123 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 250 to 499 participants (17,456 plans), real estate and rental and leasing (1,578) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 473 | $10.2M | $21,514 | — | — | $0 |
| 2023 | 474 | $9.8M | $20,755 | — | — | $0 |
| 2022 | 479 | $69.0M | $144,015 | — | — | $0 |
| 2021 | 487 | $67.1M | $137,706 | $31K | — | $0 |
| 2020 | 458 | $100M | $218,373 | $207K | $0 | $0 |
| 2019 | 421 | $76.9M | $182,672 | $2.5M | $0 | $0 |
| 2018 | 355 | $74.4M | $209,696 | $1.0M | $0 | $0 |
| 2017 | 297 | $66.7M | $224,481 | $1.0M | $0 | $0 |
| 2016 | 288 | $59.9M | $207,986 | $0 | $0 | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$9,838,379
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$417,867
- Benefits paid$80,465
- Administrative expenses$0
- Total expenses$80,465
- Net income$337,402
- Net transfers$0
- Net assets, end of year$10,175,781
Participants
- Active participants305
- Retired or separated, receiving benefits149
- Retired or separated, entitled to future benefits19
- Participants with account balances471
- Total participants, end of year473
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Cash (interest and non-interest bearing)$10.1M · 99.6%
- Receivables$38K · 0.4%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmBDO USA, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2IStock bonus2OESOP other than a leveraged ESOP2QThe employer maintaining this ESOP is an S corporation3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 532400: Commercial & Industrial Machinery & Equipment Rental & Leasing.
Similar plans in Texas
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Altair 401(k) Plan | Altair Global Services, LLC DBA Altair Global Relo | 478 | $39.0M | $81,532 |
| Metronational Corporation Retirement Savings Plan | Metro National Corporation | 469 | $38.0M | $80,931 |
| Mayfair Management Group, LP 401(k) Plan | Mayfair Management Group, LP | 484 | $1.9M | $3,888 |
| Double Diamond Management Corp. 401(k) Profit Sharing Plan | Double Diamond Management Corp. | 462 | $10.4M | $22,446 |
| Norwood Staffing Solutions, LLC 401(k) Profit Sharing Plan & Trust | Norwood Staffing Solutions, LLC | 489 | $1.6M | $3,234 |
| Foundation Communities 401(k) Retirement Plan | Foundation Communities | 445 | $16.8M | $37,792 |
Defined contribution plans in real estate and rental and leasing closest in size.
Questions and answers
How big is Employee-Owned Companies, Inc. Employees' Stock Ownership Plan?
473 participants at the end of the plan year ending 31 Dec 2024, of whom 305 were active employees, with net assets of $10,175,781. Among defined contribution plans that places it in the 250 to 499 participants band, which held 17,456 plans in plan year 2024.
What does Employee-Owned Companies, Inc. DBA E-O-C, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $0. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Employee-Owned Companies, Inc. DBA E-O-C, Inc.. The financial statements were audited by BDO USA, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 6 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 81-2641950, plan 002, received 6 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.