ESOP · DOL Form 5500 · 2023

K-Va-T Food Stores, Inc. ESOP

Data updated 2026-08-25

$141M
Total assets Near avg plan size
11,072
Participants Very large workforce
93rd
Percentile by assets National rank
$12,693
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#8,091
in Retail Trade (8,414 peers)
-15.7%
assets change YoY
1.4×
vs typical plan assets (national mean)

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.

K-Va-T Employees Profit Sharing and Stock Ownership Plan's outsized position by total assets

K-Va-T Employees Profit Sharing and Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$140,540,566 Top 7% higher than 93% of 127,068 filed plans

This plan $0 $2,050,000,000 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 2023

K-Va-T Employees Profit Sharing and Stock Ownership Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. K-Va-T Employees Profit Sharing and Stock Ownership Plan is a mega filing (11,072 participants), the rightmost band on the breakdown.

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.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 550421484 · K-Va-T Food Stores, Inc. PY 2023 · ESOP

K-Va-T Employees Profit Sharing and Stock Ownership Plan · $141M · 11,072 · 93rd

  • EIN $141M
  • RANK 11,072
  • PHOTO 93rd
  • IND ESOP
  • EOY near Jones-Hamilton Co. Employee Stock Ownership Plan
  • 5500 ind #8091

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Virginia →

K-Va-T Employees Profit Sharing and Stock Ownership Plan in the asset neighbourhood

Brinkmann Constructors Employee Stock Ownership PlanBrinkmann Constructors Emplo…$142MK-Va-T Employees Profit Sharing and Stock Ownership PlanK-Va-T Employees Profit Shar…$141MJones-Hamilton Co. Employee Stock Ownership PlanJones-Hamilton Co. Employee …$140MParametrix, Inc. Employee Stock Ownership PlanParametrix, Inc. Employee St…$140MSuperior Industrial Solutions, Inc. Employee Stock Ownership PlanSuperior Industrial Solution…$139M
End-of-year total assets ($M) among K-Va-T Employees Profit Sharing and Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$167M
Net Assets (End of Year)$141M
Net Income-$22M
Employer EIN550421484
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (K-Va-T Food Stores, Inc.)

Sponsor-wide plan assets over time

All K-Va-T Food Stores, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$339M 9.574087122207319% vs 2022
2024 filing year
$300M$310M$320M$330M$340M$350M 202220232024 $309M $339M ▲ +9.6%
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 Scatter plot of 6 data points. -5000050001000015000 00.511.5 Total assets ($B) Participants K-Va-T Employees Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.140540566 · Participants: 11072K-Va-T Employees Profit Sharing and Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
K-Va-T Employees Profit Sharing and Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare K-Va-T Employees Profit Sharing and Stock Ownership Plan side-by-side with 3 peers →

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 Employees Profit Sharing and Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Jones-Hamilton Co. Employee Stock Ownership Plan in OH ($140M); by covered participants it is Quad/Graphics ESOP in WI (11,358 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11,072 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did K-Va-T Employees Profit Sharing and Stock Ownership Plan assets move in 2023? ▼
K-Va-T Employees Profit Sharing and Stock Ownership Plan declined sharply - down 15.7% during 2023, from $167M to $141M. Reported net income was -$22M.
How have K-Va-T Food Stores, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), K-Va-T Food Stores, Inc.'s sponsor-wide assets grew 9.6%, from $309M to $339M.
Where does K-Va-T Employees Profit Sharing and Stock Ownership Plan rank by assets among Form 5500 filers? ▼
K-Va-T Employees Profit Sharing and Stock Ownership Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to K-Va-T Employees Profit Sharing and Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Jones-Hamilton Co. Employee Stock Ownership Plan in OH ($140M, 97 participants).
Which ESOP plans cover a similar participant headcount to K-Va-T Employees Profit Sharing and Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Quad/Graphics ESOP in WI (11,358 participants, $16M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 550421484.

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.