ESOP · DOL Form 5500 · 2023

Top Notch Distributors, Inc. ESOP

Data updated 2026-08-25

$22M
Total assets Small plan by assets
232
Participants Below avg headcount
74th
Percentile by assets National rank
$92,719
Avg per participant Below avg balance/head
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Official DOL plan name: Top Notch Employee Stock Ownership Plan · Sponsored by Top Notch Distributors, Inc. · Pennsylvania · Wholesale Trade

$22M in assets, 232 participants

Top Notch Distributors, Inc.'s Top Notch Employee Stock Ownership Plan reported $22M in total assets and 232 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #4,494 in Wholesale Trade (6,309 peers)

Coverage in Pennsylvania

Top Notch Employee Stock Ownership Plan covers 232 participants in Pennsylvania, about 28% of the average Pennsylvania filer (state average ~822 per filing). Assets: $22M.

#4,494
in Wholesale Trade (6,309 peers)
+19.0%
assets growth YoY

Top Notch Employee Stock Ownership Plan's outsized position by total assets

Top Notch Employee Stock Ownership Plan vs every filed plan by assets

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

$21,510,852 Top 26% higher than 74% 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

Top Notch 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. Top Notch Employee Stock Ownership Plan sits mid-pack in the medium band (232 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Top Notch Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Top Notch Employee Stock Ownership Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Top Notch Employee Stock Ownership Plan reported participants fell from 256 in the plan year 2022 filing to 232 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 930940340 · Top Notch Distributors, Inc. PY 2023 · ESOP

Top Notch Employee Stock Ownership Plan · $22M · 232 · 74th

  • PHOTO $22M
  • IND 232
  • EOY 74th
  • 5500 ESOP
  • ASSETS near Western Land Services, Inc. Employee Stock Ownership Plan
  • PCT ind #4494

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 Pennsylvania →

Top Notch Employee Stock Ownership Plan in the asset neighbourhood

Patterson Pope, Inc Employee Stock Ownership PlanPatterson Pope, Inc Employee…$22MTop Notch Employee Stock Ownership PlanTop Notch Employee Stock Own…$22MWestern Land Services, Inc. Employee Stock Ownership PlanWestern Land Services, Inc. …$22MBacklund Investment Co. Employee Stock Ownership Plan and TrustBacklund Investment Co. Empl…$22MBluewater Constructors, Inc. Employee Stock Ownership PlanBluewater Constructors, Inc.…$21M
End-of-year total assets ($M) among Top Notch Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN930940340
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Top Notch Distributors, Inc.)

Sponsor-wide plan assets over time

All Top Notch Distributors, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 33.6750588832429% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37.9M $50.7M ▲ +33.7%
Year Plans Participants Total Assets
2022 2 510 $38M
2023 2 502 $46M
2024 2 537 $51M

Nearby ESOP Plans in Pennsylvania

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

Top Notch Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Top Notch Employee Stock Ownership Plan, Total assets ($B): 0.021510852 · Participants: 232Top Notch Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.338226537 · Participants: 42695Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.558044827 · Participants: 342Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.686501046 · Participants: 2353Centimark Corporation Employee Stock Ownership Plan and TrustSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.686202616 · Participants: 13858Sheetz, Inc. Employee Stock Ownership PlanD & H Employee Stock Ownership Plan, Total assets ($B): 0.288933356 · Participants: 1461D & H Employee Stock Ownership Plan
Top Notch Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Top Notch Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Western Land Services, Inc. Employee Stock Ownership Plan in MI ($22M); by covered participants it is Miller Holdings, Inc. Employee Stock Ownership Plan and Trust in ND (232 participants). Same-state nearby plans are listed separately above.

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 Top Notch Employee Stock Ownership Plan assets move in 2023?
Top Notch Employee Stock Ownership Plan grew sharply - up 19.0% during 2023, from $18M to $22M. Reported net income was $3M.
How have Top Notch Distributors, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Top Notch Distributors, Inc.'s sponsor-wide assets grew 33.7%, from $38M to $51M.
Which ESOP plans are similar in size to Top Notch Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Western Land Services, Inc. Employee Stock Ownership Plan in MI ($22M, 160 participants).
Which ESOP plans cover a similar participant headcount to Top Notch Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Miller Holdings, Inc. Employee Stock Ownership Plan and Trust in ND (232 participants, $33M in assets).