ESOP · DOL Form 5500 · 2023

Whitewood Industries, Inc. ESOP

Data updated 2026-08-25

$16M
Total assets Small plan by assets
186
Participants Below avg headcount
69th
Percentile by assets National rank
$88,627
Avg per participant Below avg balance/head
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Official DOL plan name: Whitewood Industries, Inc. Employee Stock Ownership Plan · Sponsored by Whitewood Industries, Inc. · North Carolina · Manufacturing

$16M in assets, 186 participants

Whitewood Industries, Inc.'s Whitewood Industries, Inc. Employee Stock Ownership Plan reported $16M in total assets and 186 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #10,856 in Manufacturing (18,722 peers)

Coverage in North Carolina

Whitewood Industries, Inc. Employee Stock Ownership Plan covers 186 participants in North Carolina, about 23% of the average North Carolina filer (state average ~819 per filing). Assets: $16M.

#10,856
in Manufacturing (18,722 peers)
-22.7%
assets change YoY

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Whitewood Industries, Inc. Employee Stock Ownership Plan's outsized position by total assets

Whitewood Industries, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$16,484,656 Top 31% higher than 69% 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

Whitewood Industries, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Whitewood Industries, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (186 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Whitewood Industries, Inc. Employee Stock Ownership Plan reported net income fell from $954K in the plan year 2022 filing to -$5M in the plan year 2023 filing.
  • Whitewood Industries, Inc. Employee Stock Ownership Plan end-of-year assets fell from $21M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Whitewood Industries, Inc. Employee Stock Ownership Plan reported participants fell from 194 in the plan year 2022 filing to 186 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 561489892 · Whitewood Industries, Inc. PY 2023 · ESOP

Whitewood Industries, Inc. Employee Stock Ownership Plan · $16M · 186 · 69th

  • BOOK $16M
  • BOOK 186
  • BOOK 69th
  • BOOK ESOP
  • BOOK near Heartland Security Insurance Group ESOP Plan
  • BOOK ind #10856

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 North Carolina →

Whitewood Industries, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Aus, Inc. Employee Stock Ownership PlanAus, Inc. Employee Stock Own…$17MDlc Resources, Inc. Employee Stock Ownership PlanDlc Resources, Inc. Employee…$17MRingland-Johnson, Inc. Employee Stock Ownership PlanRingland-Johnson, Inc. Emplo…$17MHeartland Security Insurance Group ESOP PlanHeartland Security Insurance…$16MWhitewood Industries, Inc. Employee Stock Ownership PlanWhitewood Industries, Inc. E…$16M
End-of-year total assets ($M) among Whitewood Industries, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$9M
Net Income-$5M
Employer EIN561489892
Plan Effective Date2017-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Whitewood Industries, Inc.)

Sponsor-wide plan assets over time

All Whitewood Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$17M 33.005547250244156% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $25.4M $17M ▼ -33.0%
Year Plans Participants Total Assets
2022 2 393 $25M
2023 1 186 $16M
2024 1 154 $17M

Nearby ESOP Plans in North Carolina

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

Whitewood Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 050100150200 Total assets ($M) Participants Whitewood Industries, Inc. Employee Stock Ownership Plan, Total assets ($M): 16.484656 · Participants: 186Whitewood Industries, Inc. Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, Inc. Employee Stock Ownership Plan
Whitewood Industries, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Whitewood Industries, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Whitewood Industries, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Heartland Security Insurance Group ESOP Plan in TX ($16M); by covered participants it is Golden Artist Colors, Inc. Employee Stock Ownership Plan in NY (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 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 Whitewood Industries, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Whitewood Industries, Inc. Employee Stock Ownership Plan declined sharply - down 22.7% during 2023, from $21M to $16M. Reported net income was -$5M.
How have Whitewood Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Whitewood Industries, Inc.'s sponsor-wide assets declined 33.0%, from $25M to $17M.
Which ESOP plans are similar in size to Whitewood Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Heartland Security Insurance Group ESOP Plan in TX ($16M, 204 participants).
Which ESOP plans cover a similar participant headcount to Whitewood Industries, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Golden Artist Colors, Inc. Employee Stock Ownership Plan in NY (186 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 561489892.

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.