ESOP · DOL Form 5500 · 2023

North State Grocery, Inc. ESOP

Data updated 2026-08-11

$97M
Total assets: 621
Participants: 91st
Percentile by assets: $156,696
Avg per participant

Official DOL plan name: North State Grocery, Inc. Employee Stock Ownership Plan · Sponsored by North State Grocery, Inc. · California · Wholesale Trade

$97M in assets, 621 participants

North State Grocery, Inc.'s North State Grocery, Inc. Employee Stock Ownership Plan reported $97M in total assets and 621 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 127,072 plans)
#5,845 in Wholesale Trade (6,309 peers)

Where North State Grocery, Inc. Employee Stock Ownership Plan sits by assets

North State Grocery, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $97M for 621 participants (~$156,696/participant), up 21.1% in 2023.

$97M
total plan assets (2023 EOY): 621
covered participants: 91st
percentile by assets (of 127,072 plans): $156,696
avg assets per participant

Where North State Grocery, Inc. Employee Stock Ownership Plan sits by total assets

North State Grocery, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$97,308,088 Top 9% higher than 91% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

North State Grocery, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $17M in the plan year 2023 filing.
North State Grocery, Inc. Employee Stock Ownership Plan end-of-year assets rose from $80M in the plan year 2022 filing to $97M in the plan year 2023 filing.
North State Grocery, Inc. Employee Stock Ownership Plan reported participants rose from 582 in the plan year 2022 filing to 621 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Wholesale Trade

North State Grocery, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, North State Grocery, Inc. Employee Stock Ownership Plan outranks 91% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$80M
Net Assets (End of Year)	$97M
Net Income	$17M
Employer EIN	680173691
Plan Effective Date	2006-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (North State Grocery, Inc.)

Total plan assets by year, all North State Grocery, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,154	$94M
2023	2	1,249	$113M
2024	2	1,289	$117M

Nearby ESOP Plans in California

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

North State Grocery, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Parsons Employee Stock Ownership Plan $3.8B · 7,871
Acco Employee Stock Ownership Plan $1.4B · 1,397
Rosendin Electric, Inc. Employee Stock Ownership Plan $1.1B · 1,700
Agron, Inc. Employee Stock Ownership Plan $533M · 72
Recology Employee Stock Ownership Plan $497M · 3,656

Compare North State Grocery, Inc. Employee Stock… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to North State Grocery, Inc. Employee Stock Ownership Plan by total assets, not by location.

Tecnico Corporation Employee Stock Ownership Plan (VA) $97M · 533
Corgan Employee Stock Ownership Plan (TX) $97M · 734
Berkel & Company Contractors, Inc. Employee Stock Ownership Plan (KS) $98M · 392
Physical Sciences Inc. Employee Stock Ownership Plan (MA) $98M · 250

Frequently Asked Questions

How did North State Grocery, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

North State Grocery, Inc. Employee Stock Ownership Plan grew sharply - up 21.1% during 2023, from $80M to $97M. Reported net income was $17M.

How have North State Grocery, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), North State Grocery, Inc.'s sponsor-wide assets grew 24.1%, from $94M to $117M.

Where does North State Grocery, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

North State Grocery, Inc. Employee Stock Ownership Plan ranks in the 91st 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 North State Grocery, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Tecnico Corporation Employee Stock Ownership Plan in VA ($97M, 533 participants).

Next read for North State Grocery, Inc. Employee Stock…

Scale reading

Ways to act on North State Grocery, Inc. Employee Stock Ownership Plan's numbers.

By total assets, North State Grocery, 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 California. Compare plans
North State Grocery, Inc.'s sponsor-wide assets have grown 24.1% since 2022 across 3 plan years on file. More Wholesale Trade 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 680173691.