ESOP · DOL Form 5500 · 2022

The Cato Corporation ESOP

Data updated 2026-08-11

$38M
Total assets
2,736
Participants
85th
Percentile by assets
$13,887
Avg per participant
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Official DOL plan name: The Cato Corporation Employee Stock Ownership Plan · Sponsored by The Cato Corporation · North Carolina · Retail Trade

$38M in assets, 2,736 participants

The Cato Corporation's The Cato Corporation Employee Stock Ownership Plan reported $38M in total assets and 2,736 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 139,126 plans)
  • #8,760 in Retail Trade (9,519 peers)

Coverage in North Carolina

The Cato Corporation Employee Stock Ownership Plan covers 2,736 participants in North Carolina, 3.3x the typical North Carolina plan (state average ~819 per filing). Assets: $38M.

$38M
total plan assets (2022 EOY)
2,736
covered participants
85th
percentile by assets (of 139,126 plans)
$13,887
avg assets per participant

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. The Cato Corporation Employee Stock Ownership Plan reports 2,736 participants - 3.3x that state average ($38M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$38M
Net Income-$29M
Employer EIN560484485
Plan Effective Date1979-01-28
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cato Corporation)

$85M$90M$95M$100M$105M 202220232024 $101M $88.5M ▼ -12.2%
Total plan assets by year, all The Cato Corporation plans on file
Year Plans Participants Total Assets
2022 2 5,553 $101M
2023 2 5,539 $99M
2024 2 5,260 $89M

Nearby ESOP Plans in North Carolina

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

The Cato Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

The Cato Corporation 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 The Cato Corporation…Old Dominion 401(k) …Columbia Forest Prod…State Utility Contra…Robert E. Mason & As…Mckim & Creed, Inc. …
The Cato Corporation 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 The Cato Corporation Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did The Cato Corporation Employee Stock Ownership Plan assets move in 2022?
The Cato Corporation Employee Stock Ownership Plan contracted severely - down 42.9% during 2022, from $67M to $38M. Reported net income was -$29M.
How have The Cato Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Cato Corporation's sponsor-wide assets declined 12.3%, from $101M to $89M.
Where does The Cato Corporation Employee Stock Ownership Plan rank by assets among Form 5500 filers?
The Cato Corporation Employee Stock Ownership Plan ranks in the 85th 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 The Cato Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Wci-Gc Inc. Employee Stock Ownership Plan in CA ($38M, 85 participants).

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Filing takeaways

Ways to act on The Cato Corporation Employee Stock Ownership Plan's numbers.

  • By total assets, The Cato Corporation 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
  • The Cato Corporation's sponsor-wide assets have declined 12.3% since 2022 across 3 plan years on file. More Retail Trade plans