ESOP · DOL Form 5500 · 2023
College Loan Corporation ESOP
Data updated 2026-08-11
- $195M
- Total assets
- 42
- Participants
- 95th
- Percentile by assets
- $4.6M
- Avg per participant
Official DOL plan name: Clc Employee Stock Ownership Plan · Sponsored by College Loan Corporation · Nevada · Finance & Insurance
$195M in assets, 42 participants
College Loan Corporation's Clc Employee Stock Ownership Plan reported $195M in total assets and 42 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 127,072 plans)
- #8,109 in Finance & Insurance (8,869 peers)
Where Clc Employee Stock Ownership Plan sits by assets
Clc Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $195M for 42 participants (~$4.6M/participant), down 15.9% in 2023.
- $195M
- total plan assets (2023 EOY)
- 42
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $4.6M
- avg assets per participant
The plan reported a net loss of $36M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Clc Employee Stock Ownership Plan reported net income fell from -$4M in the plan year 2022 filing to -$36M in the plan year 2023 filing.
- Clc Employee Stock Ownership Plan end-of-year assets fell from $232M in the plan year 2022 filing to $195M in the plan year 2023 filing.
- Clc Employee Stock Ownership Plan reported participants fell from 47 in the plan year 2022 filing to 42 in the plan year 2023 filing.
Clc Employee Stock Ownership Plan vs the 2023 asset distribution
By assets, Clc Employee Stock Ownership Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $232M |
|---|---|
| Net Assets (End of Year) | $189M |
| Net Income | -$36M |
| Employer EIN | 330873915 |
| Plan Effective Date | 2006-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (College Loan Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 103 | $240M |
| 2023 | 2 | 93 | $205M |
| 2024 | 2 | 85 | $175M |
Nearby ESOP Plans in Nevada
Peer ESOP plans, same state, same plan type, ranked by total assets.
Clc Employee Stock Ownership Plan vs. nearby ESOP plans in Nevada, assets vs. participants
- Rancho Mesquite Casino, Inc. Employee Stock Ownership Plan $146M · 422
- Adams and Associates, Inc. Employee Stock Ownership Plan $48M · 1,662
- Gcw Holdings, Inc. Employee Stock Ownership Plan $39M · 115
- Paramount Marketing Consultants, Inc. Employee Stock Ownership Plan $20M · 282
- Olson Precast Company Employee Stock Ownership Plan $18M · 75
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Clc Employee Stock Ownership Plan by total assets, not by location.
- Premier Design & Build Group, LLC Employee Stock Ownership Plan (IL) $196M · 79
- Hometown Community Bancorp, Inc. Employee Stock Ownership Plan & Trust (IL) $194M · 438
- Trek Bicycle Corporation Employee Stock Ownership Plan (WI) $194M · 2,417
- Inline Electric Employee Stock Ownership Plan (AL) $196M · 287
Frequently Asked Questions
How did Clc Employee Stock Ownership Plan assets move in 2023? ▼
How have College Loan Corporation plan assets changed over time? ▼
Where does Clc Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Clc Employee Stock Ownership Plan? ▼
Next read for Clc Employee Stock Ownership Plan
Scale reading
Ways to act on Clc Employee Stock Ownership Plan's numbers.
- By total assets, Clc Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Nevada. Compare plans
- College Loan Corporation's sponsor-wide assets have declined 27.1% since 2022 across 3 plan years on file. More Finance & Insurance plans