ESOP · DOL Form 5500 · 2023

Churchill Holdings, Inc. ESOP

Data updated 2026-08-11

$81M
Total assets: 474
Participants: 90th
Percentile by assets: $171,191
Avg per participant

Official DOL plan name: Churchill Holdings, Inc. Employee Stock Ownership Plan · Sponsored by Churchill Holdings, Inc. · Tennessee · Management of Enterprises

$81M in assets, 474 participants

Churchill Holdings, Inc.'s Churchill Holdings, Inc. Employee Stock Ownership Plan reported $81M in total assets and 474 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 127,072 plans)
#842 in Management of Enterprises (1,137 peers)

Coverage in Tennessee

Churchill Holdings, Inc. Employee Stock Ownership Plan covers 474 participants in Tennessee, about 42% of the average Tennessee filer (state average ~1,126 per filing). Assets: $81M.

$81M
total plan assets (2023 EOY): 474
covered participants: 90th
percentile by assets (of 127,072 plans): $171,191
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Churchill Holdings, Inc. Employee Stock Ownership Plan end-of-year assets fell from $93M in the plan year 2022 filing to $81M in the plan year 2023 filing.
Churchill Holdings, Inc. Employee Stock Ownership Plan reported net income fell from -$13M in the plan year 2022 filing to -$15M in the plan year 2023 filing.
Churchill Holdings, Inc. Employee Stock Ownership Plan reported participants fell from 512 in the plan year 2022 filing to 474 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Tennessee

Industry

Management of Enterprises

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Churchill Holdings, Inc. Employee Stock Ownership Plan reports 474 participants - about 42% of that state average ($81M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)	$93M
Net Assets (End of Year)	$49M
Net Income	-$15M
Employer EIN	901013848
Plan Effective Date	2013-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Churchill Holdings, Inc.)

Total plan assets by year, all Churchill Holdings, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	512	$93M
2023	1	474	$81M
2024	1	387	$59M

Nearby ESOP Plans in Tennessee

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

Churchill Holdings, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Tennessee, assets vs. participants

Barr Brands International Amended and Restated Employee Stock Ownership Plan $427M · 401
Zander Group Holdings, Inc. Employee Stock Ownership Plan $221M · 190
National Health Corp Leveraged Employee Stock Ownership Plan $144M · 1,470
3ls, Inc. Employee Stock Ownership Plan $134M · 424
Smith Seckman Reid, Inc. Employee Stock Ownership Plan $99M · 483

Compare Churchill Holdings, Inc. Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Churchill Holdings, Inc. Employee Stock Ownership Plan by total assets, not by location.

Electrical Consultants, Inc. Employee Stock Ownership Plan (MT) $81M · 720
Community Bancshares of Mississippi, Inc. Employee Stock Ownership Plan (MS) $81M · 887
Albert C. Kobayashi, Inc. Employee Stock Ownership Plan (HI) $82M · 98
Commercial Plumbing Inc. ESOP (HI) $81M · 89

Frequently Asked Questions

How did Churchill Holdings, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Churchill Holdings, Inc. Employee Stock Ownership Plan pulled back noticeably - down 12.9% during 2023, from $93M to $81M. Reported net income was -$15M.

How have Churchill Holdings, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Churchill Holdings, Inc.'s sponsor-wide assets declined 36.6%, from $93M to $59M.

Where does Churchill Holdings, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Churchill Holdings, Inc. Employee Stock Ownership Plan ranks in the 90th 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 Churchill Holdings, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Electrical Consultants, Inc. Employee Stock Ownership Plan in MT ($81M, 720 participants).

Next read for Churchill Holdings, Inc. Employee Stock …

Filing takeaways

Ways to act on Churchill Holdings, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Churchill Holdings, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
Churchill Holdings, Inc.'s sponsor-wide assets have declined 36.6% since 2022 across 3 plan years on file. More Management of Enterprises plans

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 901013848.