ESOP · DOL Form 5500 · 2023

Carolina Products, Inc. ESOP

Data updated 2026-08-25

$27M
Total assets Below avg plan size
71
Participants Small participant base
78th
Percentile by assets National rank
$378,812
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carolina Products, Inc. Employee Stock Ownership Plan · Sponsored by Carolina Products, Inc. · North Carolina · Manufacturing

$27M in assets, 71 participants

Carolina Products, Inc.'s Carolina Products, Inc. Employee Stock Ownership Plan reported $27M in total assets and 71 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

  • #12,896 in Manufacturing (18,722 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, $27M for 71 participants (~$378,812/participant), up 20.8% in 2023.

#12,896
in Manufacturing (18,722 peers)
+20.8%
assets growth YoY
0.3×
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 2023 · DOL Form 5500

$26,895,684 Top 22% higher than 78% 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

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

Plan-year 2023 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 (71 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carolina Products, Inc. Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Carolina Products, Inc. Employee Stock Ownership Plan reported participants rose from 57 in the plan year 2022 filing to 71 in the plan year 2023 filing.
  • Carolina Products, Inc. Employee Stock Ownership Plan end-of-year assets rose from $22M in the plan year 2022 filing to $27M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 560951942 · Carolina Products, Inc. PY 2023 · ESOP

Carolina Products, Inc. Employee Stock Ownership Plan · $27M · 71 · 78th

  • VS-ST $27M
  • VS-ST 71
  • VS-ST 78th
  • VS-ST ESOP
  • VS-ST near Force Companies ESOP
  • VS-ST ind #12896

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

The Solaray Corporation Employee Stock Ownership PlanThe Solaray Corporation Empl…$27MAyres Associates Inc 2012 Amended and Restated Employee Stock Ownership PlanAyres Associates Inc 2012 Am…$27MCarolina Products, Inc. Employee Stock Ownership PlanCarolina Products, Inc. Empl…$27MForce Companies ESOP$27MHebron Companies, Inc. Employee Stock Ownership Plan and TrustHebron Companies, Inc. Emplo…$27M
End-of-year total assets ($M) among Carolina Products, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$27M
Net Income$5M
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. 050010001500 050100150200 Total assets ($M) Participants Carolina Products, Inc. Employee Stock Ownership Plan, Total assets ($M): 26.895684 · Participants: 71Carolina Products, Inc. Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, 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 Force Companies ESOP in IN ($27M); by covered participants it is E80 Holdings, Inc. Employee Stock Ownership Plan in WI (71 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (71 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 Carolina Products, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Carolina Products, Inc. Employee Stock Ownership Plan grew sharply - up 20.8% during 2023, from $22M to $27M. Reported net income was $5M.
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 78th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Force Companies ESOP in IN ($27M, 53 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 E80 Holdings, Inc. Employee Stock Ownership Plan in WI (71 participants, $7M 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 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.