ESOP · DOL Form 5500 · 2023

Cherokee Instruments Inc ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
23
Participants Small participant base
27th
Percentile by assets National rank
$65,771
Avg per participant Below avg balance/head
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Official DOL plan name: Cherokee Instruments Inc Employee Stock Ownership Plan · Sponsored by Cherokee Instruments Inc · North Carolina · Other Services

$2M in assets, 23 participants

Cherokee Instruments Inc's Cherokee Instruments Inc Employee Stock Ownership Plan reported $2M in total assets and 23 participants in its 2023 DOL Form 5500 filing, ranking in the 27th 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.

  • #4,127 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Cherokee Instruments Inc Employee Stock Ownership Plan ranks #4,127 of 7,857 2023 filers by assets (1327% of the sector average)-$2M for 23 participants.

#4,127
in Other Services (7,857 peers)
-3.6%
assets change YoY

The plan reported a net loss of $57K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Cherokee Instruments Inc Employee Stock Ownership Plan among the smaller filed plans by assets

Cherokee Instruments Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$1,512,735 27th percentile higher than 27% 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

Cherokee Instruments 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. Cherokee Instruments Inc Employee Stock Ownership Plan is a small filing (23 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cherokee Instruments Inc Employee Stock Ownership Plan reported net income fell from $102K in the plan year 2022 filing to -$57K in the plan year 2023 filing.
  • Cherokee Instruments Inc Employee Stock Ownership Plan reported participants fell from 25 in the plan year 2022 filing to 23 in the plan year 2023 filing.
  • Cherokee Instruments Inc Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561883979 · Cherokee Instruments Inc PY 2023 · ESOP

Cherokee Instruments Inc Employee Stock Ownership Plan · $2M · 23 · 27th

  • NET $2M
  • BOOK 23
  • VS-ST 27th
  • BOY ESOP
  • SCH near Winsystems, Inc. Employee Stock Ownership Plan
  • EBSA ind #4127

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 →

Cherokee Instruments Inc Employee Stock Ownership Plan in the asset neighbourhood

Edible Beats, Inc. Employee Stock Ownership PlanEdible Beats, Inc. Employee …$2MDoucette Industries, Inc. Employee Stock Ownership Plan and TrustDoucette Industries, Inc. Em…$2MCherokee Instruments Inc Employee Stock Ownership PlanCherokee Instruments Inc Emp…$2MWinsystems, Inc. Employee Stock Ownership PlanWinsystems, Inc. Employee St…$2MBank of Forest Employee Stock Ownership Plan and TrustBank of Forest Employee Stoc…$2M
End-of-year total assets ($M) among Cherokee Instruments Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$57K
Employer EIN561883979
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cherokee Instruments Inc)

Sponsor-wide plan assets over time

All Cherokee Instruments Inc plans reported in each filing year

Latest sponsor-wide plan assets
$2M 0.48155105301074513% vs 2022
2024 filing year
$1.5M$1.52M$1.54M$1.56M$1.58M 202220232024 $1.57M $1.56M ▼ -0.6%
Year Plans Participants Total Assets
2022 1 25 $2M
2023 1 23 $2M
2024 1 20 $2M

Nearby ESOP Plans in North Carolina

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

Cherokee Instruments Inc Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -500050010001500 -50050100150200 Total assets ($M) Participants Cherokee Instruments Inc Employee Stock Ownership Plan, Total assets ($M): 1.512735 · Participants: 23Cherokee Instruments 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
Cherokee Instruments Inc Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Cherokee Instruments Inc Employee Stock Ownership Plan side-by-side with 3 peers →

Cherokee Instruments Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Winsystems, Inc. Employee Stock Ownership Plan in TX ($2M); by covered participants it is Soundearth Strategies, Inc. Employee Stock Ownership Plan in WA (23 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (23 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 Cherokee Instruments Inc Employee Stock Ownership Plan assets move in 2023? ▼
Cherokee Instruments Inc Employee Stock Ownership Plan edged down modestly - down 3.6% during 2023, from $2M to $2M. Reported net income was -$57K.
How have Cherokee Instruments Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cherokee Instruments Inc's sponsor-wide assets declined 0.5%, from $2M to $2M.
Which ESOP plans are similar in size to Cherokee Instruments Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Winsystems, Inc. Employee Stock Ownership Plan in TX ($2M, 47 participants).
Which ESOP plans cover a similar participant headcount to Cherokee Instruments Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Soundearth Strategies, Inc. Employee Stock Ownership Plan in WA (23 participants, N/A 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 561883979.

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.