California › Construction › 500 to 999 participants
Form 5500 statement · plan year 1 Dec 2024 to 30 Nov 2025
Stacy and Witbeck, Inc. Employee Stock Ownership Plan
Sponsored by Stacy and Witbeck, Inc., Alameda, CA
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.
Stacy and Witbeck, Inc. Employee Stock Ownership Plan is an employee stock ownership plan sponsored by Stacy and Witbeck, Inc. of Alameda, California. For the plan year ending 30 Nov 2025 it reported 615 participants, 446 of them active, and net assets of $340M.
Net assets came to $553,148 per participant, well above the $46,219 median for defined contribution plans with 500 to 999 participants and well above the $54,997 median for defined contribution plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $7.5M during the year, or $16,850 per active participant against a same-size median of $1,931; participants contributed —. Benefits paid out totalled $36.1M.
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 $109M in 2009 to $340M in 2024 (up 211%), and participants from 164 to 615 (up 275%).
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 | $553,148 | $46,219 | $54,997 | $53,089 |
| Employer contributions per active participant | $16,850 | $1,931 | $2,728 | $2,174 |
| Schedule C compensation per participant | — | $113 | $162 | $123 |
| Schedule C compensation, share of net assets | — | 0.25% | 0.33% | 0.26% |
| Administrative expenses per participant | — | $109 | $167 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 500 to 999 participants (10,619 plans), construction (4,222) and all US plans (63,607). 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 | 615 | $340M | $553,148 | $7.5M | — | $0 |
| 2023 | 516 | $351M | $680,750 | $7.2M | — | $0 |
| 2022 | 619 | $381M | $615,244 | $6.6M | — | $0 |
| 2021 | 524 | $363M | $693,227 | $6.3M | — | $0 |
| 2020 | 439 | $369M | $840,695 | $5.8M | — | $0 |
| 2019 | 484 | $323M | $667,120 | $5.4M | — | $0 |
| 2018 | 364 | $244M | $669,519 | $4.9M | — | $0 |
| 2017 | 393 | $195M | $496,341 | $4.4M | — | $0 |
| 2016 | 273 | $181M | $664,344 | $3.6M | — | $0 |
| 2015 | 254 | $157M | $616,291 | $3.3M | — | $0 |
| 2014 | 241 | $147M | $608,469 | $3.1M | — | $178K |
| 2013 | 222 | $158M | $712,694 | $2.8M | — | $195K |
| 2012 | 213 | $148M | $694,831 | $2.6M | — | $204K |
| 2011 | 186 | $115M | $619,360 | $2.4M | — | $184K |
| 2010 | 191 | $119M | $625,126 | $2.3M | $0 | $193K |
| 2009 | 164 | $109M | $667,116 | $2.0M | — | $172K |
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$351,267,098
- Employer contributions$7,515,079
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$7,515,079
- Total income, including investment results$25,959,266
- Benefits paid$36,083,712
- Administrative expenses$0
- Total expenses$37,040,468
- Net income−$11,081,202
- Net transfers$0
- Net assets, end of year$340,185,896
Participants
- Active participants446
- Retired or separated, receiving benefits36
- Retired or separated, entitled to future benefits127
- Participants with account balances536
- Total participants, end of year615
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.
- Employer securities$317M · 88.0%
- Cash (interest and non-interest bearing)$43.1M · 12.0%
- Receivables$131K · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmCliftonLarsonAllen 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 corporation
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 237990: Other Heavy & Civil Engineering Construction.
Other plans of Stacy and Witbeck, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Stacy and Witbeck, Inc. Retirement Savings Plan | 558 | $115M |
Similar plans in California
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Ldi Mechanical, Inc. 401(k) Retirement Savings Plan | Ldi Mechanical, Inc. | 627 | $8.5M | $13,505 |
| A. J. Kirkwood & Associates, Inc. Employee Stock Ownership Plan | A.J. Kirkwood & Associates, Inc. | 615 | $23.1M | $37,549 |
| Bernards Holdings, Inc. Employee Stock Ownership Plan | Bernards Holdings, Inc. | 628 | $10.1M | $16,072 |
| Baker's Burgers, Inc. Profit Sharing 401(k) Plan | Baker's Burgers, Inc. | 605 | $15.6M | $25,746 |
| Cosco Fire Protection, Inc. 401(k) Savings Plan | Cosco Fire Protection, Inc. | 633 | $61.6M | $97,324 |
| Barnum and Celillo Electric, Inc. Profit Sharing and 401(k) Plan | Barnum and Celillo Electric, Inc. | 603 | $18.1M | $30,089 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is Stacy and Witbeck, Inc. Employee Stock Ownership Plan?
615 participants at the end of the plan year ending 30 Nov 2025, of whom 446 were active employees, with net assets of $340,185,896. Among defined contribution plans that places it in the 500 to 999 participants band, which held 10,619 plans in plan year 2024.
What does Stacy and Witbeck, Inc. contribute per participant?
The filing reports $7,515,079 in employer contributions for the year, which is $16,850 per active participant; the median for plans of the same type and size was $1,931 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
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 Stacy and Witbeck, Inc.. The financial statements were audited by CliftonLarsonAllen 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 Dec 2024 to 30 Nov 2025, received by the Department of Labor on 11 Sep 2026. 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 Sep 2026. This page shows the latest filing on record for EIN 94-2787950, plan 001, received 11 Sep 2026; 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.