ESOP · DOL Form 5500 · 2022

Chesapeake Financial Shares, Inc. ESOP

Data updated 2026-08-25

$9M
Total assets Small plan by assets
208
Participants Below avg headcount
62nd
Percentile by assets National rank
$40,927
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan · Sponsored by Chesapeake Financial Shares, Inc. · Virginia · Finance & Insurance

$9M in assets, 208 participants

Chesapeake Financial Shares, Inc.'s Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan reported $9M in total assets and 208 participants in its 2022 DOL Form 5500 filing, ranking in the 62nd 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.

  • #4,170 in Finance & Insurance (9,261 peers)

Coverage in Virginia

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan covers 208 participants in Virginia, about 27% of the average Virginia filer (state average ~782 per filing). Assets: $9M.

#4,170
in Finance & Insurance (9,261 peers)
-15.2%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Finance & Insurance and all filers

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$8,512,875 Top 38% higher than 62% 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

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (208 participants).

Form 5500 schedule snapshot

Filing strip 541210845 · Chesapeake Financial Shares, Inc. PY 2022 · ESOP

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan · $9M · 208 · 62nd

  • TYPE $9M
  • NET 208
  • BOOK 62nd
  • VS-ST ESOP
  • BOY near Automated Conveyor Systems, Inc. Employee Stock Ownership Plan
  • SCH ind #4170

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 Virginia →

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan in the asset neighbourhood

United Pipe & Supply Co., Inc. Employee Stock Ownership PlanUnited Pipe & Supply Co., In…$9MChesapeake Financial Shares, Inc. Employee Stock Ownership PlanChesapeake Financial Shares,…$9MAutomated Conveyor Systems, Inc. Employee Stock Ownership PlanAutomated Conveyor Systems, …$9MHarber Companies, Inc. Employee Stock Ownership PlanHarber Companies, Inc. Emplo…$9MDelta Pipeline, Inc. Employee Stock Ownership PlanDelta Pipeline, Inc. Employe…$9M
End-of-year total assets ($M) among Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$1M
Employer EIN541210845
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chesapeake Financial Shares, Inc.)

Sponsor-wide plan assets over time

All Chesapeake Financial Shares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$47M 21.430944051686637% vs 2022
2024 filing year
$35M$40M$45M$50M 202220232024 $39M $47.4M ▲ +21.4%
Year Plans Participants Total Assets
2022 2 442 $39M
2023 2 466 $42M
2024 2 504 $47M

Nearby ESOP Plans in Virginia

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

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan, Total assets ($M): 8.512875 · Participants: 208Chesapeake Financial Shares, Inc. Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($M): 862.945849 · Participants: 6910Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 301.066368 · Participants: 1695The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($M): 291.782297 · Participants: 1828American Systems Corporation Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($M): 287.62409 · Participants: 424New River Electrical Corporation Employee Stock Ownership PlanDavis H. Elliot Company, Incorporated Employee Stock Ownership Plan, Total assets ($M): 237.22873 · Participants: 1882Davis H. Elliot Company, Incorporated Employee Stock Ownership Plan
Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Automated Conveyor Systems, Inc. Employee Stock Ownership Plan in AR ($9M); by covered participants it is Financial Statement Services, Inc. Employee Stock Ownership Plan and Trust in CA (208 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (208 participants); asset peers above are excluded.

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 did Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan declined sharply - down 15.2% during 2022, from $10M to $9M. Reported net income was -$1M.
How have Chesapeake Financial Shares, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Chesapeake Financial Shares, Inc.'s sponsor-wide assets grew 21.4%, from $39M to $47M.
Which ESOP plans are similar in size to Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Automated Conveyor Systems, Inc. Employee Stock Ownership Plan in AR ($9M, 58 participants).
Which ESOP plans cover a similar participant headcount to Chesapeake Financial Shares, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Financial Statement Services, Inc. Employee Stock Ownership Plan and Trust in CA (208 participants, $15M 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 541210845.

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.