ESOP · DOL Form 5500 · 2023
K-Va-T Food Stores, Inc. ESOP
Data updated 2026-08-11
- $141M
- Total assets
- 11,072
- Participants
- 93rd
- Percentile by assets
- $12,693
- Avg per participant
Official DOL plan name: K-Va-T Employees Profit Sharing and Stock Ownership Plan · Sponsored by K-Va-T Food Stores, Inc. · Virginia · Retail Trade
$141M in assets, 11,072 participants
K-Va-T Food Stores, Inc.'s K-Va-T Employees Profit Sharing and Stock Ownership Plan reported $141M in total assets and 11,072 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 127,072 plans)
- #8,091 in Retail Trade (8,414 peers)
Coverage in Virginia
K-Va-T Employees Profit Sharing and Stock Ownership Plan covers 11,072 participants in Virginia, 14x the typical Virginia plan (state average ~782 per filing). Assets: $141M.
- $141M
- total plan assets (2023 EOY)
- 11,072
- covered participants
- 93rd
- percentile by assets (of 127,072 plans)
- $12,693
- avg assets per participant
The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- K-Va-T Employees Profit Sharing and Stock Ownership Plan reported net income fell from $10M in the plan year 2022 filing to -$22M in the plan year 2023 filing.
- K-Va-T Employees Profit Sharing and Stock Ownership Plan reported participants rose from 8,100 in the plan year 2022 filing to 11,072 in the plan year 2023 filing.
- K-Va-T Employees Profit Sharing and Stock Ownership Plan end-of-year assets fell from $167M in the plan year 2022 filing to $141M in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. K-Va-T Employees Profit Sharing and Stock Ownership Plan reports 11,072 participants - 14x that state average ($141M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $167M |
|---|---|
| Net Assets (End of Year) | $141M |
| Net Income | -$22M |
| Employer EIN | 550421484 |
| Plan Effective Date | 1984-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (K-Va-T Food Stores, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 20,641 | $309M |
| 2023 | 2 | 24,594 | $308M |
| 2024 | 2 | 25,516 | $339M |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
K-Va-T Employees Profit Sharing and Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
- Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
- The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
- American Systems Corporation Employee Stock Ownership Plan $331M · 1,782
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $322M · 1,652
- New River Electrical Corporation Employee Stock Ownership Plan $321M · 444
Scale composition for K-Va-T Employees Profit Sharing and Stock Ownership Plan
K-Va-T Employees Profit Sharing and Stock Ownership Plan reports $141M in end-of-year assets across 11,072 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $12,693 per participant (9% of the national average assets-per-participant) . Net income for plan year 2023 was -$22M.
This plan identity (EIN 550421484, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $167M to $147M (-11.6%) while covered participants moved from 8,100 to 11,521 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,100 | $167M | Open filing |
| 2023 | 11,072 | $141M | This page |
| 2024 · index core | 11,521 | $147M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- K-Va-T 401(k) Plan (401(k), $191M, 13,995 participants)
- K-Va-T Employees Profit Sharing and Stock Ownership Plan (ESOP, $147M, 11,521 participants)
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to K-Va-T Employees Profit Sharing and Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did K-Va-T Employees Profit Sharing and Stock Ownership Plan assets move in 2023? ▼
How have K-Va-T Food Stores, Inc. plan assets changed over time? ▼
Where does K-Va-T Employees Profit Sharing and Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to K-Va-T Employees Profit Sharing and Stock Ownership Plan? ▼
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Filing takeaways
Ways to act on K-Va-T Employees Profit Sharing and Stock Ownership Plan's numbers.
- By total assets, K-Va-T Employees Profit Sharing and Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
- K-Va-T Food Stores, Inc.'s sponsor-wide assets have grown 9.6% since 2022 across 3 plan years on file. More Retail Trade plans