ESOP · DOL Form 5500 · 2023

National Health Corporation ESOP

Data updated 2026-08-11

$144M
Total assets
1,470
Participants
93rd
Percentile by assets
$98,168
Avg per participant
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Official DOL plan name: National Health Corp Leveraged Employee Stock Ownership Plan · Sponsored by National Health Corporation · Tennessee · Healthcare & Social Assistance

$144M in assets, 1,470 participants

National Health Corporation's National Health Corp Leveraged Employee Stock Ownership Plan reported $144M in total assets and 1,470 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)
  • #16,658 in Healthcare & Social Assistance (17,684 peers)

Where National Health Corp Leveraged Employee Stock Ownership Plan sits by assets

National Health Corp Leveraged Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $144M for 1,470 participants (~$98,168/participant), up 58.8% in 2023.

$144M
total plan assets (2023 EOY)
1,470
covered participants
93rd
percentile by assets (of 127,072 plans)
$98,168
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • National Health Corp Leveraged Employee Stock Ownership Plan reported net income rose from -$9M in the plan year 2022 filing to $53M in the plan year 2023 filing.
  • National Health Corp Leveraged Employee Stock Ownership Plan end-of-year assets rose from $91M in the plan year 2022 filing to $144M in the plan year 2023 filing.
  • National Health Corp Leveraged Employee Stock Ownership Plan reported participants fell from 1,824 in the plan year 2022 filing to 1,470 in the plan year 2023 filing.

See the national 2022→2023 release diff →

National Health Corp Leveraged Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, National Health Corp Leveraged Employee Stock Ownership Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$144M
Net Income$53M
Employer EIN621294263
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (National Health Corporation)

$200M$300M$400M$500M$600M 202220232024 $308M $494M ▲ +60.3%
Total plan assets by year, all National Health Corporation plans on file
Year Plans Participants Total Assets
2022 2 14,994 $308M
2023 2 15,364 $411M
2024 2 16,819 $494M

Nearby ESOP Plans in Tennessee

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

National Health Corp Leveraged Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

National Health Corp Leveraged Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants Scatter plot of 6 data points. 0500100015002000 0100200300400500 Total assets ($M) Participants National Health Corp…Barr Brands Internat…Zander Group Holding…3ls, Inc. Employee S…Smith Seckman Reid, …Churchill Holdings, …
National Health Corp Leveraged Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to National Health Corp Leveraged Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did National Health Corp Leveraged Employee Stock Ownership Plan assets move in 2023?
National Health Corp Leveraged Employee Stock Ownership Plan surged - up 58.8% during 2023, from $91M to $144M. Reported net income was $53M.
How have National Health Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), National Health Corporation's sponsor-wide assets grew 60.3%, from $308M to $494M.
Where does National Health Corp Leveraged Employee Stock Ownership Plan rank by assets among Form 5500 filers?
National Health Corp Leveraged Employee 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 National Health Corp Leveraged Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Martin & Bayley, Inc. Employee Stock Ownership Plan and Trust in IL ($144M, 698 participants).

Next read for National Health Corp Leveraged Employee …

Scale reading

Ways to act on National Health Corp Leveraged Employee Stock Ownership Plan's numbers.