ESOP · DOL Form 5500 · 2022

Tobacco Rag Processors, Inc. ESOP

Data updated 2026-08-11

$39M
Total assets
163
Participants
86th
Percentile by assets
$239,083
Avg per participant
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Official DOL plan name: Tobacco Rag Processors, Inc. Employee Stock Ownership Plan · Sponsored by Tobacco Rag Processors, Inc. · North Carolina · Manufacturing

$39M in assets, 163 participants

Tobacco Rag Processors, Inc.'s Tobacco Rag Processors, Inc. Employee Stock Ownership Plan reported $39M in total assets and 163 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • 86th percentile by assets (of 139,126 plans)
  • #16,356 in Manufacturing (20,602 peers)

Coverage in North Carolina

Tobacco Rag Processors, Inc. Employee Stock Ownership Plan covers 163 participants in North Carolina, about 20% of the average North Carolina filer (state average ~819 per filing). Assets: $39M.

$39M
total plan assets (2022 EOY)
163
covered participants
86th
percentile by assets (of 139,126 plans)
$239,083
avg assets per participant
Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Tobacco Rag Processors, Inc. Employee Stock Ownership Plan reports 163 participants - about 20% of that state average ($39M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$26M
Net Income$1M
Employer EIN562203637
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tobacco Rag Processors, Inc.)

$20M$40M$60M$80M$100M$120M 202220232024 $44.2M $95.8M ▲ +116.7%
Total plan assets by year, all Tobacco Rag Processors, Inc. plans on file
Year Plans Participants Total Assets
2022 2 285 $44M
2023 1 168 $49M
2024 2 311 $96M

Nearby ESOP Plans in North Carolina

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

Tobacco Rag Processors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Tobacco Rag Processors, 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 Tobacco Rag Processo…Old Dominion 401(k) …Columbia Forest Prod…State Utility Contra…Robert E. Mason & As…Mckim & Creed, Inc. …
Tobacco Rag Processors, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Tobacco Rag Processors, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Tobacco Rag Processors, Inc. Employee Stock Ownership Plan assets move in 2022?
Tobacco Rag Processors, Inc. Employee Stock Ownership Plan edged up modestly - up 1.2% during 2022, from $39M to $39M. Reported net income was $1M.
How have Tobacco Rag Processors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tobacco Rag Processors, Inc.'s sponsor-wide assets grew 116.6%, from $44M to $96M.
Where does Tobacco Rag Processors, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Tobacco Rag Processors, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Tobacco Rag Processors, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Kapur & Associates, Inc. Employee Stock Ownership Plan in WI ($39M, 176 participants).

Next read for Tobacco Rag Processors, Inc. Employee St…

Filing takeaways

Ways to act on Tobacco Rag Processors, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Tobacco Rag Processors, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in North Carolina. Compare plans
  • Tobacco Rag Processors, Inc.'s sponsor-wide assets have grown 116.6% since 2022 across 3 plan years on file. More Manufacturing plans