ESOP · DOL Form 5500 · 2022

Torrent Community of Businesses, Inc. ESOP

Data updated 2026-08-25

$310K
Total assets Small plan by assets
96
Participants Small participant base
14th
Percentile by assets National rank
$3,229
Avg per participant Low balance/head
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Official DOL plan name: Torrent Employee Stock Ownership Plan · Sponsored by Torrent Community of Businesses, Inc. · North Carolina · Professional & Technical Services

$310K in assets, 96 participants

Torrent Community of Businesses, Inc.'s Torrent Employee Stock Ownership Plan reported $310K in total assets and 96 participants in its 2022 DOL Form 5500 filing, ranking in the 14th 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.

  • #2,405 in Professional & Technical Services (21,562 peers)

Torrent Community of Businesses, Inc. multi-year trail

Torrent Community of Businesses, Inc.'s plans moved +144.2% in assets from 2022 to 2023; this filing shows Torrent Employee Stock Ownership Plan at $310K / 96 participants.

#2,405
in Professional & Technical Services (21,562 peers)
$310K
reported net income

Torrent Employee Stock Ownership Plan among the smaller filed plans by assets

Torrent Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$309,950 14th percentile higher than 14% of 139,123 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 2022

Torrent Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Torrent Employee Stock Ownership Plan is a small filing (96 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 853556067 · Torrent Community of Businesses, Inc. PY 2022 · ESOP

Torrent Employee Stock Ownership Plan · $310K · 96 · 14th

  • EBSA $310K
  • EBSA 96
  • EBSA 14th
  • EBSA ESOP
  • EBSA near Incal Technology, Inc. Employee Stock Ownership Plan
  • EBSA ind #2405

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 North Carolina →

Torrent Employee Stock Ownership Plan in the asset neighbourhood

Torrent Employee Stock Ownership PlanTorrent Employee Stock Owner…$310KIncal Technology, Inc. Employee Stock Ownership PlanIncal Technology, Inc. Emplo…$309KThe Dude Abides Employee Stock Ownership PlanThe Dude Abides Employee Sto…$309KJ&c Administrative Services, Inc., Employee Stock Ownership PlanJ&c Administrative Services,…$309KThe Southern Banc Company, Inc. Employee Stock Ownership PlanThe Southern Banc Company, I…$308K
End-of-year total assets ($M) among Torrent Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Torrent Community of Businesses, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Torrent Community of Businesses, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$757K 144.2197128569124% vs 2022
2023 filing year
$0.2M$0.4M$0.6M$0.8M$1M 20222023 $0.31M $0.76M ▲ +145.2%
Year Plans Participants Total Assets
2022 1 96 $310K
2023 1 106 $757K

Torrent Community of Businesses, Inc. filing trail (2022)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$310K
Net Income$310K
Employer EIN853556067
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Carolina

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

Torrent Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -0.500.511.52 Total assets ($B) Participants Torrent Employee Stock Ownership Plan, Total assets ($B): 0.00030995 · Participants: 96Torrent Employee Stock Ownership PlanOld Dominion 401(k) Retirement Plan, Total assets ($B): 1.794370156 · Participants: 24080Old Dominion 401(k) Retirement PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.183667115 · Participants: 1322Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.082312735 · Participants: 147State Utility Contractors, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.077703602 · Participants: 250Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanMckim & Creed, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.071758417 · Participants: 790Mckim & Creed, Inc. Employee Stock Ownership Plan
Torrent Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Torrent Employee Stock Ownership Plan side-by-side with 3 peers →

Torrent Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Incal Technology, Inc. Employee Stock Ownership Plan in CA ($309K); by covered participants it is Citizens Bank Group, Inc. Employee Stock Ownership Plan and Trust in MN (96 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have Torrent Community of Businesses, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Torrent Community of Businesses, Inc.'s sponsor-wide assets grew 144.2%, from $310K to $757K.
Where does Torrent Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Torrent Employee Stock Ownership Plan ranks in the 14th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Torrent Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Incal Technology, Inc. Employee Stock Ownership Plan in CA ($309K, 22 participants).
Which ESOP plans cover a similar participant headcount to Torrent Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Citizens Bank Group, Inc. Employee Stock Ownership Plan and Trust in MN (96 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 853556067.

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.