ESOP · DOL Form 5500 · 2022

Varney, Inc ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
150
Participants Small participant base
55th
Percentile by assets National rank
$41,262
Avg per participant Low balance/head
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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.

  • #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.

#5,417
in Construction (9,927 peers)
+6.5%
assets growth YoY

Varney, Inc Employee Stock Ownership Plan and Trust's mid-pack asset rank among Construction and all filers

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 $2,050,000,000 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

Varney, Inc Employee Stock Ownership Plan and Trust 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. Varney, Inc Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (150 participants).

Published 5500 schedule card

Filing strip 540791615 · Varney, Inc PY 2022 · ESOP

Varney, Inc Employee Stock Ownership Plan and Trust · $6M · 150 · 55th

  • EIN $6M
  • EIN 150
  • EIN 55th
  • EIN ESOP
  • EIN near Rcm Services, Inc. Employee Stock Ownership Plan
  • EIN ind #5417

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 →

Varney, Inc Employee Stock Ownership Plan and Trust in the asset neighbourhood

Varney, Inc Employee Stock Ownership Plan and TrustVarney, Inc Employee Stock O…$6MRcm Services, Inc. Employee Stock Ownership PlanRcm Services, Inc. Employee …$6MJorgensen & Co. Employee Stock Ownership Plan and TrustJorgensen & Co. Employee Sto…$6MMagyar Bank Employee Stock Ownership PlanMagyar Bank Employee Stock O…$6MAugusta Industrial Services, Inc. Employee Stock Ownership PlanAugusta Industrial Services,…$6M
End-of-year total assets ($M) among Varney, Inc Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Varney, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$19M 60.64875695149109% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12M $19.3M ▲ +60.7%
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 ($M) Participants Varney, Inc Employee Stock Ownership Plan and Trust, Total assets ($M): 6.189326 · Participants: 150Varney, Inc Employee Stock Ownership Plan and TrustNvr, 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
Varney, Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Varney, Inc Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Varney, Inc Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Rcm Services, Inc. Employee Stock Ownership Plan in MA ($6M); by covered participants it is Backlund Investment Co. Employee Stock Ownership Plan and Trust in IL (150 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (150 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 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).
Which ESOP plans cover a similar participant headcount to Varney, Inc Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Backlund Investment Co. Employee Stock Ownership Plan and Trust in IL (150 participants, $20M 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 540791615.

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.