ESOP · DOL Form 5500 · 2023

Norco, Inc. ESOP

Data updated 2026-08-25

$256M
Total assets Near avg plan size
1,341
Participants Near avg headcount
96th
Percentile by assets National rank
$190,902
Avg per participant Above avg balance/head
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Official DOL plan name: Norco, Inc. Employee Stock Ownership Plan · Sponsored by Norco, Inc. · Idaho · Retail Trade

$256M in assets, 1,341 participants

Norco, Inc.'s Norco, Inc. Employee Stock Ownership Plan reported $256M in total assets and 1,341 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,204 in Retail Trade (8,414 peers)

Coverage in Idaho

Norco, Inc. Employee Stock Ownership Plan covers 1,341 participants in Idaho, 3.9x the typical Idaho plan (state average ~347 per filing). Assets: $256M.

#8,204
in Retail Trade (8,414 peers)
+16.1%
assets growth YoY
2.6×
vs typical plan assets (national mean)

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

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

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

$255,999,157 Top 4% higher than 96% 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

Norco, Inc. Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norco, Inc. Employee Stock Ownership Plan lands in the large band (1,341 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Norco, Inc. Employee Stock Ownership Plan reported net income rose from $12M in the plan year 2022 filing to $41M in the plan year 2023 filing.
  • Norco, Inc. Employee Stock Ownership Plan end-of-year assets rose from $220M in the plan year 2022 filing to $256M in the plan year 2023 filing.
  • Norco, Inc. Employee Stock Ownership Plan reported participants rose from 1,298 in the plan year 2022 filing to 1,341 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 820277763 · Norco, Inc. PY 2023 · ESOP

Norco, Inc. Employee Stock Ownership Plan · $256M · 1,341 · 96th

  • BOY $256M
  • BOY 1,341
  • BOY 96th
  • BOY ESOP
  • BOY near Newage Industries, Inc. Employee Stock Ownership Plan
  • BOY ind #8204

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 Idaho →

Norco, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Imeg Corp. Employee Stock Ownership PlanImeg Corp. Employee Stock Ow…$258MMotor City Electric Co. Employee Stock Ownership PlanMotor City Electric Co. Empl…$258MNewage Industries, Inc. Employee Stock Ownership PlanNewage Industries, Inc. Empl…$258MNorco, Inc. Employee Stock Ownership PlanNorco, Inc. Employee Stock O…$256MIewc Corp. Employee Stock Ownership PlanIewc Corp. Employee Stock Ow…$253M
End-of-year total assets ($M) among Norco, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Idaho filing particulars

Total Assets (Beginning of Year)$220M
Net Assets (End of Year)$177M
Net Income$41M
Employer EIN820277763
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norco, Inc.)

Sponsor-wide plan assets over time

All Norco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$370M 19.97440894520363% vs 2022
2024 filing year
$300M$320M$340M$360M$380M 202220232024 $308M $370M ▲ +20.0%
Year Plans Participants Total Assets
2022 2 2,536 $308M
2023 2 2,656 $355M
2024 2 2,767 $370M

Nearby ESOP Plans in Idaho

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

Norco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -20246 Total assets ($B) Participants Norco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.255999157 · Participants: 1341Norco, Inc. Employee Stock Ownership PlanWinco Employee Stock Ownership Plan, Total assets ($B): 4.656219713 · Participants: 16664Winco Employee Stock Ownership PlanLitehouse, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.242106302 · Participants: 1015Litehouse, Inc. Employee Stock Ownership PlanStellar Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.229611549 · Participants: 659Stellar Industries, Inc. Employee Stock Ownership PlanLitehouse, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.217520907 · Participants: 1130Litehouse, Inc. Employee Stock Ownership PlanMagic Valley Growers, Ltd. Employee Stock Ownership Plan, Total assets ($B): 0.094145499 · Participants: 266Magic Valley Growers, Ltd. Employee Stock Ownership Plan
Norco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants
Compare Norco, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Idaho, the nearest ESOP by assets is Newage Industries, Inc. Employee Stock Ownership Plan in PA ($258M); by covered participants it is Scs Engineers Employee Stock Ownership Plan in CA (1,332 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,341 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 Norco, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Norco, Inc. Employee Stock Ownership Plan grew sharply - up 16.1% during 2023, from $220M to $256M. Reported net income was $41M.
How have Norco, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norco, Inc.'s sponsor-wide assets grew 20.0%, from $308M to $370M.
Where does Norco, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Norco, Inc. Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Norco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Newage Industries, Inc. Employee Stock Ownership Plan in PA ($258M, 292 participants).
Which ESOP plans cover a similar participant headcount to Norco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Scs Engineers Employee Stock Ownership Plan in CA (1,332 participants, $229M 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 820277763.

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.