ESOP · DOL Form 5500 · 2023

Carestar, Inc. ESOP

Data updated 2026-08-11

$78M
Total assets
345
Participants
89th
Percentile by assets
$225,472
Avg per participant
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Official DOL plan name: Carestar, Inc. Employee Stock Ownership Plan · Sponsored by Carestar, Inc. · Ohio · Healthcare & Social Assistance

$78M in assets, 345 participants

Carestar, Inc.'s Carestar, Inc. Employee Stock Ownership Plan reported $78M in total assets and 345 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #16,084 in Healthcare & Social Assistance (17,684 peers)

Coverage in Ohio

Carestar, Inc. Employee Stock Ownership Plan covers 345 participants in Ohio, about 45% of the average Ohio filer (state average ~765 per filing). Assets: $78M.

$78M
total plan assets (2023 EOY)
345
covered participants
89th
percentile by assets (of 127,072 plans)
$225,472
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carestar, Inc. Employee Stock Ownership Plan reported net income rose from -$3M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Carestar, Inc. Employee Stock Ownership Plan end-of-year assets rose from $61M in the plan year 2022 filing to $78M in the plan year 2023 filing.
  • Carestar, Inc. Employee Stock Ownership Plan reported participants rose from 323 in the plan year 2022 filing to 345 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Ohio filers

In Ohio, the average filing covers about 765 participants across 5,089 plans. Carestar, Inc. Employee Stock Ownership Plan reports 345 participants - about 45% of that state average ($78M EOY assets).

Ohio filing particulars

Total Assets (Beginning of Year)$61M
Net Assets (End of Year)$78M
Net Income$16M
Employer EIN311254105
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carestar, Inc.)

$70M$80M$90M$100M$110M 202220232024 $74M $105M ▲ +42.1%
Total plan assets by year, all Carestar, Inc. plans on file
Year Plans Participants Total Assets
2022 2 697 $74M
2023 2 799 $93M
2024 2 897 $105M

Nearby ESOP Plans in Ohio

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

Carestar, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Carestar, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -100102030 Total assets ($B) Participants Carestar, Inc. Emplo…Procter & Gamble Pro…The Garland Industri…Messer Inc. Employee…Great Lakes Cheese C…Cleveland Steel Cont…
Carestar, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Carestar, Inc. Employee Stock Ownership Plan assets move in 2023?
Carestar, Inc. Employee Stock Ownership Plan grew sharply - up 26.5% during 2023, from $61M to $78M. Reported net income was $16M.
How have Carestar, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Carestar, Inc.'s sponsor-wide assets grew 42.1%, from $74M to $105M.
Where does Carestar, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Carestar, Inc. Employee Stock Ownership Plan ranks in the 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Carestar, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is F.L. Crane & Sons, Inc. Employee Stock Ownership Plan in MS ($78M, 325 participants).

Next read for Carestar, Inc. Employee Stock Ownership …

Filing takeaways

Ways to act on Carestar, Inc. Employee Stock Ownership Plan's numbers.