ESOP · DOL Form 5500 · 2022

Varney, Inc ESOP

Data updated 2026-08-11

$6M
Total assets
150
Participants
55th
Percentile by assets
$41,262
Avg per participant
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Official DOL plan name: Varney, Inc Employee Stock Ownership Plan and Trust · Sponsored by Varney, Inc · Virginia · Construction

$6M in assets, 150 participants

Varney, Inc's Varney, Inc Employee Stock Ownership Plan and Trust reported $6M in total assets and 150 participants in its 2022 DOL Form 5500 filing, ranking in the 55th 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.

  • 55th percentile by assets (of 139,126 plans)
  • #5,417 in Construction (9,927 peers)

Coverage in Virginia

Varney, Inc Employee Stock Ownership Plan and Trust covers 150 participants in Virginia, about 19% of the average Virginia filer (state average ~782 per filing). Assets: $6M.

$6M
total plan assets (2022 EOY)
150
covered participants
55th
percentile by assets (of 139,126 plans)
$41,262
avg assets per participant

Where Varney, Inc Employee Stock Ownership Plan and Trust sits by total assets

Varney, Inc Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$6,189,326 Top 45% higher than 55% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Varney, Inc Employee Stock Ownership Plan and Trust reports 150 participants - about 19% of that state average ($6M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$380K
Employer EIN540791615
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Varney, Inc)

$10M$15M$20M$25M 202220232024 $12M $19.3M ▲ +60.7%
Total plan assets by year, all Varney, Inc plans on file
Year Plans Participants Total Assets
2022 2 323 $12M
2023 2 315 $15M
2024 2 298 $19M

Nearby ESOP Plans in Virginia

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

Varney, Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants Varney, Inc Employee…, Total assets ($M): 6.189326 · Participants: 150Varney, Inc Employee…Nvr, Inc. Employee S…, Total assets ($M): 862.945849 · Participants: 6910Nvr, Inc. Employee S…The Resorts Companie…, Total assets ($M): 301.066368 · Participants: 1695The Resorts Companie…American Systems Cor…, Total assets ($M): 291.782297 · Participants: 1828American Systems Cor…New River Electrical…, Total assets ($M): 287.62409 · Participants: 424New River Electrical…Davis H. Elliot Comp…, Total assets ($M): 237.22873 · Participants: 1882Davis H. Elliot Comp…
Varney, Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Varney, Inc Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Varney, Inc Employee Stock Ownership Plan and Trust assets move in 2022?
Varney, Inc Employee Stock Ownership Plan and Trust grew at a solid clip - up 6.5% during 2022, from $6M to $6M. Reported net income was $380K.
How have Varney, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Varney, Inc's sponsor-wide assets grew 60.6%, from $12M to $19M.
Which ESOP plans are similar in size to Varney, Inc Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Rcm Services, Inc. Employee Stock Ownership Plan in MA ($6M, 53 participants).

Next read for Varney, Inc Employee Stock Ownership Pla…

Filing takeaways

Ways to act on Varney, Inc Employee Stock Ownership Plan and Trust's numbers.