ESOP · DOL Form 5500 · 2022

National Spinning Co., Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
275
Participants Below avg headcount
40th
Percentile by assets National rank
$10,518
Avg per participant Low balance/head
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Official DOL plan name: National Spinning Co., Inc. Employee Stock Ownership Plan · Sponsored by National Spinning Co., Inc. · North Carolina · Manufacturing

$3M in assets, 275 participants

National Spinning Co., Inc.'s National Spinning Co., Inc. Employee Stock Ownership Plan reported $3M in total assets and 275 participants in its 2022 DOL Form 5500 filing, ranking in the 40th 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.

  • #4,764 in Manufacturing (20,602 peers)

Coverage in North Carolina

National Spinning Co., Inc. Employee Stock Ownership Plan covers 275 participants in North Carolina, about 34% of the average North Carolina filer (state average ~819 per filing). Assets: $3M.

#4,764
in Manufacturing (20,602 peers)
-26.5%
assets change YoY

The plan reported a net loss of $489K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

National Spinning Co., Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

National Spinning Co., Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,892,505 40th percentile higher than 40% 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

National Spinning Co., 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. National Spinning Co., Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (275 participants).

EBSA filing schedule strip

Filing strip 111117990 · National Spinning Co., Inc. PY 2022 · ESOP

National Spinning Co., Inc. Employee Stock Ownership Plan · $3M · 275 · 40th

  • PART $3M
  • PART 275
  • PART 40th
  • PART ESOP
  • PART near Schu/Marketing Associates, Inc. Employee Stock Ownership Plan and Trust
  • PART ind #4764

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 →

National Spinning Co., Inc. Employee Stock Ownership Plan in the asset neighbourhood

Fraser Engineering Company Employee Stock Ownership PlanFraser Engineering Company E…$3MNational Spinning Co., Inc. Employee Stock Ownership PlanNational Spinning Co., Inc. …$3MSchu/Marketing Associates, Inc. Employee Stock Ownership Plan and TrustSchu/Marketing Associates, I…$3MHambro Forest Products, Inc. Employee Stock Ownership PlanHambro Forest Products, Inc.…$3MRiverview Bancorp, Inc. Employee Stock Ownership PlanRiverview Bancorp, Inc. Empl…$3M
End-of-year total assets ($M) among National Spinning Co., Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)-$8M
Net Income-$489K
Employer EIN111117990
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Spinning Co., Inc.)

Sponsor-wide plan assets over time

All National Spinning Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 7.440201073008142% vs 2022
2024 filing year
$10M$11M$12M$13M$14M$15M 202220232024 $10.9M $11.7M ▲ +7.5%
Year Plans Participants Total Assets
2022 2 583 $11M
2023 2 476 $14M
2024 2 399 $12M

Nearby ESOP Plans in North Carolina

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

National Spinning Co., Inc. 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 ($B) Participants National Spinning Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002892505 · Participants: 275National Spinning Co., Inc. 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
National Spinning Co., Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare National Spinning Co., Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

National Spinning Co., Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Schu/Marketing Associates, Inc. Employee Stock Ownership Plan and Trust in MN ($3M); by covered participants it is Midwest Wheel Companies Employee Stock Ownership Plan in IA (275 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (275 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 National Spinning Co., Inc. Employee Stock Ownership Plan assets move in 2022? ▼
National Spinning Co., Inc. Employee Stock Ownership Plan declined sharply - down 26.5% during 2022, from $4M to $3M. Reported net income was -$489K.
How have National Spinning Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), National Spinning Co., Inc.'s sponsor-wide assets grew 7.4%, from $11M to $12M.
Which ESOP plans are similar in size to National Spinning Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Schu/Marketing Associates, Inc. Employee Stock Ownership Plan and Trust in MN ($3M, 22 participants).
Which ESOP plans cover a similar participant headcount to National Spinning Co., Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Midwest Wheel Companies Employee Stock Ownership Plan in IA (275 participants, $9M 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 111117990.

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.