ESOP · DOL Form 5500 · 2023
Brown Capital Management Holdings, Inc. ESOP
Data updated 2026-08-11
- $320M
- Total assets
- 35
- Participants
- 96th
- Percentile by assets
- $9.2M
- Avg per participant
Official DOL plan name: Brown Capital Management ESOP · Sponsored by Brown Capital Management Holdings, Inc. · Maryland · Finance & Insurance
$320M in assets, 35 participants
Brown Capital Management Holdings, Inc.'s Brown Capital Management ESOP reported $320M in total assets and 35 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.
- 96th percentile by assets (of 127,072 plans)
- #8,327 in Finance & Insurance (8,869 peers)
Where Brown Capital Management ESOP sits by assets
Brown Capital Management ESOP sits in the top 5% of all filed plans by assets, $320M for 35 participants (~$9.2M/participant), down 13.0% in 2023.
- $320M
- total plan assets (2023 EOY)
- 35
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $9.2M
- avg assets per participant
The plan reported a net loss of $46M 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
- Brown Capital Management ESOP reported net income rose from -$70M in the plan year 2022 filing to -$46M in the plan year 2023 filing.
- Brown Capital Management ESOP end-of-year assets fell from $368M in the plan year 2022 filing to $320M in the plan year 2023 filing.
- Brown Capital Management ESOP reported participants rose from 34 in the plan year 2022 filing to 35 in the plan year 2023 filing.
Brown Capital Management ESOP vs the 2023 asset distribution
By assets, Brown Capital Management ESOP outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $368M |
|---|---|
| Net Assets (End of Year) | $248M |
| Net Income | -$46M |
| Employer EIN | 811880665 |
| Plan Effective Date | 2016-03-18 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Brown Capital Management Holdings, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 34 | $368M |
| 2023 | 1 | 35 | $320M |
| 2024 | 1 | 35 | $211M |
Nearby ESOP Plans in Maryland
Peer ESOP plans, same state, same plan type, ranked by total assets.
Brown Capital Management ESOP vs. nearby ESOP plans in Maryland, assets vs. participants
- Evapco, Inc. Employee Stock Ownership Plan $1.1B · 1,617
- Westat, Inc. Employee Stock Ownership Plan $407M · 3,046
- Kci Technologies, Inc. Employee Stock Ownership Plan $336M · 1,793
- Lockheed Martin Corporation Capital Accumulation Plan $267M · 5,839
- Ea Engineering, Science, and Technology, Inc., Pbc Employee Stock Ownership Plan $123M · 566
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Brown Capital Management ESOP by total assets, not by location.
- Tecolote Research, Inc. Employee Stock Ownership Plan (CA) $321M · 609
- New River Electrical Corporation Employee Stock Ownership Plan (VA) $321M · 444
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust (VA) $322M · 1,652
- Thirty Fifteen Employee Stock Ownership Plan (FL) $324M · 5,365
Frequently Asked Questions
How did Brown Capital Management ESOP assets move in 2023? ▼
How have Brown Capital Management Holdings, Inc. plan assets changed over time? ▼
Where does Brown Capital Management ESOP rank by assets among Form 5500 filers? ▼
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Next read for Brown Capital Management ESOP
Scale reading
Ways to act on Brown Capital Management ESOP's numbers.
- By total assets, Brown Capital Management ESOP ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Maryland. Compare plans
- Brown Capital Management Holdings, Inc.'s sponsor-wide assets have declined 42.6% since 2022 across 3 plan years on file. More Finance & Insurance plans