ESOP · DOL Form 5500 · 2022

Sovereign Distributors, Inc. T/a Avalon Flooring ESOP

Data updated 2026-08-11

$31M
Total assets
393
Participants
83rd
Percentile by assets
$78,890
Avg per participant
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Official DOL plan name: Avalon Flooring Employee Stock Ownership Plan · Sponsored by Sovereign Distributors, Inc. T/a Avalon Flooring · New Jersey · Retail Trade

$31M in assets, 393 participants

Sovereign Distributors, Inc. T/a Avalon Flooring's Avalon Flooring Employee Stock Ownership Plan reported $31M in total assets and 393 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 139,126 plans)
  • #8,633 in Retail Trade (9,519 peers)

Coverage in New Jersey

Avalon Flooring Employee Stock Ownership Plan covers 393 participants in New Jersey, about 47% of the average New Jersey filer (state average ~844 per filing). Assets: $31M.

$31M
total plan assets (2022 EOY)
393
covered participants
83rd
percentile by assets (of 139,126 plans)
$78,890
avg assets per participant

Where Avalon Flooring Employee Stock Ownership Plan sits by total assets

Avalon Flooring Employee Stock Ownership Plan vs every filed plan by assets

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

$31,003,804 Top 17% higher than 83% 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
New Jersey
Industry
Retail Trade

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Avalon Flooring Employee Stock Ownership Plan reports 393 participants - about 47% of that state average ($31M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$31M
Net Assets (End of Year)$27M
Net Income$940K
Employer EIN222985143
Plan Effective Date2004-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sovereign Distributors, Inc. T/a Avalon Flooring)

$50.5M$51M$51.5M$52M$52.5M 202220232024 $51.9M $50.6M ▼ -2.5%
Total plan assets by year, all Sovereign Distributors, Inc. T/a Avalon Flooring plans on file
Year Plans Participants Total Assets
2022 2 750 $52M
2023 2 721 $51M
2024 2 675 $51M

Nearby ESOP Plans in New Jersey

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

Avalon Flooring Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 0200400600 Total assets ($M) Participants Avalon Flooring Empl…, Total assets ($M): 31.003804 · Participants: 393Avalon Flooring Empl…Johnson and Johnson …, Total assets ($M): 511.419208 · Participants: 3858Johnson and Johnson …Okonite Company Empl…, Total assets ($M): 375.8 · Participants: 1111Okonite Company Empl…Mathematica Group Ho…, Total assets ($M): 303.370516 · Participants: 1383Mathematica Group Ho…Conair LLC Savings a…, Total assets ($M): 298.596718 · Participants: 1131Conair LLC Savings a…Investors Bank Amend…, Total assets ($M): 126.859258 · Participants: 1287Investors Bank Amend…
Avalon Flooring Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare Avalon Flooring Employee Stock Ownership… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Avalon Flooring Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Avalon Flooring Employee Stock Ownership Plan assets move in 2022? ▼
Avalon Flooring Employee Stock Ownership Plan held essentially flat - up 0.2% during 2022, from $31M to $31M. Reported net income was $940K.
How have Sovereign Distributors, Inc. T/a Avalon Flooring plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sovereign Distributors, Inc. T/a Avalon Flooring's sponsor-wide assets declined 2.5%, from $52M to $51M.
Where does Avalon Flooring Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Avalon Flooring Employee Stock Ownership Plan ranks in the 83rd 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 Avalon Flooring Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is The Citizens National Bank of Bluffton Employee Stock Ownership Plan in OH ($31M, 136 participants).

Next read for Avalon Flooring Employee Stock Ownership…

Filing takeaways

Ways to act on Avalon Flooring Employee Stock Ownership Plan's numbers.

  • By total assets, Avalon Flooring 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 New Jersey. Compare plans
  • Sovereign Distributors, Inc. T/a Avalon Flooring's sponsor-wide assets have declined 2.5% since 2022 across 3 plan years on file. More Retail Trade plans

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 222985143.

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.