ESOP · DOL Form 5500 · 2023

National Health Corporation ESOP

Data updated 2026-08-25

$144M
Total assets Near avg plan size
1,470
Participants Near avg headcount
93rd
Percentile by assets National rank
$98,168
Avg per participant Below avg balance/head
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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.

  • #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.

#16,658
in Healthcare & Social Assistance (17,684 peers)
+58.8%
assets growth YoY
1.4×
vs typical plan assets (national mean)

National Health Corp Leveraged Employee Stock Ownership Plan's outsized position by total assets

National Health Corp Leveraged Employee Stock Ownership Plan vs every filed plan by assets

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

$144,306,423 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

National Health Corp Leveraged 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. National Health Corp Leveraged Employee Stock Ownership Plan lands in the large band (1,470 participants).

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 →

EBSA filing schedule strip

Filing strip 621294263 · National Health Corporation PY 2023 · ESOP

National Health Corp Leveraged Employee Stock Ownership Plan · $144M · 1,470 · 93rd

  • EOY $144M
  • EOY 1,470
  • EOY 93rd
  • EOY ESOP
  • EOY near Martin & Bayley, Inc. Employee Stock Ownership Plan and Trust
  • EOY ind #16658

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 Tennessee →

National Health Corp Leveraged Employee Stock Ownership Plan in the asset neighbourhood

Roush Holdings Employee Stock Ownership PlanRoush Holdings Employee Stoc…$145MNational Health Corp Leveraged Employee Stock Ownership PlanNational Health Corp Leverag…$144MMartin & Bayley, Inc. Employee Stock Ownership Plan and TrustMartin & Bayley, Inc. Employ…$144MCmg, Inc.$143MMcelroy Metal Mill, Inc. Employee Stock Ownership PlanMcelroy Metal Mill, Inc. Emp…$143M
End-of-year total assets ($M) among National Health Corp Leveraged Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All National Health Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$494M 60.345956629127684% vs 2022
2024 filing year
$200M$300M$400M$500M$600M 202220232024 $308M $494M ▲ +60.3%
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 Scatter plot of 6 data points. 0500100015002000 0100200300400500 Total assets ($M) Participants National Health Corp Leveraged Employee Stock Ownership Plan, Total assets ($M): 144.306423 · Participants: 1470National Health Corp Leveraged Employee Stock Ownership PlanBarr Brands International Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 426.710102 · Participants: 401Barr Brands International Amended and Restated Employee Stock Ownership PlanZander Group Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 221.11771 · Participants: 190Zander Group Holdings, Inc. Employee Stock Ownership Plan3ls, Inc. Employee Stock Ownership Plan, Total assets ($M): 133.506002 · Participants: 4243ls, Inc. Employee Stock Ownership PlanSmith Seckman Reid, Inc. Employee Stock Ownership Plan, Total assets ($M): 99.459001 · Participants: 483Smith Seckman Reid, Inc. Employee Stock Ownership PlanChurchill Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 81.144338 · Participants: 474Churchill Holdings, Inc. Employee Stock Ownership Plan
National Health Corp Leveraged Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants
Compare National Health Corp Leveraged Employee Stock Ownership Plan side-by-side with 3 peers →

National Health Corp Leveraged Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Tennessee, the nearest ESOP by assets is Martin & Bayley, Inc. Employee Stock Ownership Plan and Trust in IL ($144M); by covered participants it is D.a. Davidson Companies Employee Stock Ownership Plan in MT (1,474 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($144M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,470 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 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).
Which ESOP plans cover a similar participant headcount to National Health Corp Leveraged Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is D.a. Davidson Companies Employee Stock Ownership Plan in MT (1,474 participants, $150M 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 621294263.

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.