ESOP · DOL Form 5500 · 2022

Carolina Products, Inc. ESOP

Data updated 2026-08-25

$22M
Total assets Small plan by assets
57
Participants Small participant base
79th
Percentile by assets National rank
$390,642
Avg per participant High balance/head
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Official DOL plan name: Carolina Products, Inc. Employee Stock Ownership Plan · Sponsored by Carolina Products, Inc. · North Carolina · Manufacturing

$22M in assets, 57 participants

Carolina Products, Inc.'s Carolina Products, Inc. Employee Stock Ownership Plan reported $22M in total assets and 57 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #14,461 in Manufacturing (20,602 peers)

Where Carolina Products, Inc. Employee Stock Ownership Plan sits by assets

Carolina Products, Inc. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $22M for 57 participants (~$390,642/participant), up 14.6% in 2022.

#14,461
in Manufacturing (20,602 peers)
+14.6%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2022 · DOL Form 5500

$22,266,621 Top 21% higher than 79% of 139,123 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 2022

Carolina Products, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carolina Products, Inc. Employee Stock Ownership Plan is a small filing (57 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 560951942 · Carolina Products, Inc. PY 2022 · ESOP

Carolina Products, Inc. Employee Stock Ownership Plan · $22M · 57 · 79th

  • PCT $22M
  • EIN 57
  • RANK 79th
  • PHOTO ESOP
  • IND near Lone Star State Bancshares and Subs Employee Stock Ownership Plan
  • EOY ind #14461

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 North Carolina →

Carolina Products, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Duncan Bolt Employee Stock Ownership PlanDuncan Bolt Employee Stock O…$22MAmg, Inc. Employee Stock Ownership Plan and TrustAmg, Inc. Employee Stock Own…$22MCarolina Products, Inc. Employee Stock Ownership PlanCarolina Products, Inc. Empl…$22MLone Star State Bancshares and Subs Employee Stock Ownership PlanLone Star State Bancshares a…$22MSpirol International Holding Corp ESOP & Mpp PlanSpirol International Holding…$22M
End-of-year total assets ($M) among Carolina Products, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN560951942
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Carolina Products, Inc.)

Sponsor-wide plan assets over time

All Carolina Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 58.790810693728524% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $22.3M $35.4M ▲ +58.8%
Year Plans Participants Total Assets
2022 1 57 $22M
2023 1 71 $27M
2024 1 72 $35M

Nearby ESOP Plans in North Carolina

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

Carolina Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -0.500.511.52 Total assets ($B) Participants Carolina Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.022266621 · Participants: 57Carolina Products, Inc. Employee Stock Ownership PlanOld Dominion 401(k) Retirement Plan, Total assets ($B): 1.794370156 · Participants: 24080Old Dominion 401(k) Retirement PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.183667115 · Participants: 1322Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.082312735 · Participants: 147State Utility Contractors, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.077703602 · Participants: 250Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanMckim & Creed, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.071758417 · Participants: 790Mckim & Creed, Inc. Employee Stock Ownership Plan
Carolina Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Carolina Products, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest ESOP by assets is Lone Star State Bancshares and Subs Employee Stock Ownership Plan in TX ($22M); by covered participants it is Hunzinger Construction Company Employee Stock Ownership Plan in WI (57 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (57 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Carolina Products, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Carolina Products, Inc. Employee Stock Ownership Plan grew at a solid clip - up 14.6% during 2022, from $19M to $22M. Reported net income was $3M.
How have Carolina Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Carolina Products, Inc.'s sponsor-wide assets grew 58.8%, from $22M to $35M.
Where does Carolina Products, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Carolina Products, Inc. Employee Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Carolina Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lone Star State Bancshares and Subs Employee Stock Ownership Plan in TX ($22M, 93 participants).
Which ESOP plans cover a similar participant headcount to Carolina Products, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Hunzinger Construction Company Employee Stock Ownership Plan in WI (57 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560951942.

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.