ESOP · DOL Form 5500 · 2023

Hanchett Paper Company Dba Shorr Paper Products, Inc. ESOP

Data updated 2026-08-11

$329M
Total assets: 558
Participants: 96th
Percentile by assets: $589,837
Avg per participant

Official DOL plan name: Shorr Paper Products, Inc. Employee Stock Ownership Plan · Sponsored by Hanchett Paper Company Dba Shorr Paper Products, Inc. · Illinois · Wholesale Trade

$329M in assets, 558 participants

Hanchett Paper Company Dba Shorr Paper Products, Inc.'s Shorr Paper Products, Inc. Employee Stock Ownership Plan reported $329M in total assets and 558 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#6,151 in Wholesale Trade (6,309 peers)

Where Shorr Paper Products, Inc. Employee Stock Ownership Plan sits by assets

Shorr Paper Products, Inc. Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $329M for 558 participants (~$589,837/participant), up 22.6% in 2023.

$329M
total plan assets (2023 EOY): 558
covered participants: 96th
percentile by assets (of 127,072 plans): $589,837
avg assets per participant

Shorr Paper Products, Inc. Employee Stock Ownership Plan reported net income rose from $27M in the plan year 2022 filing to $51M in the plan year 2023 filing.
Shorr Paper Products, Inc. Employee Stock Ownership Plan end-of-year assets rose from $268M in the plan year 2022 filing to $329M in the plan year 2023 filing.
Shorr Paper Products, Inc. Employee Stock Ownership Plan reported participants rose from 457 in the plan year 2022 filing to 558 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Illinois

Industry

Wholesale Trade

Shorr Paper Products, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Shorr Paper Products, Inc. Employee Stock Ownership Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$268M
Net Assets (End of Year)	$270M
Net Income	$51M
Employer EIN	362040680
Plan Effective Date	1984-09-30
Filing Status	FILING RECEIVED

Sponsor Plan History (Hanchett Paper Company Dba Shorr Paper Products, Inc.)

Total plan assets by year, all Hanchett Paper Company Dba Shorr Paper Products, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	967	$319M
2023	2	1,147	$396M
2024	2	1,118	$506M

Nearby ESOP Plans in Illinois

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

Shorr Paper Products, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Amsted Industries Incorporated Employees' Stock Ownership Plan $4.4B · 4,738
Kehe Distributors, Inc. Employee Stock Ownership Plan $1.6B · 4,251
Scot Forge Company Employee Stock Ownership Plan $1.2B · 486
Bdo USA Employee Stock Ownership Plan $915M · 10,168
Bdo USA Employee Stock Ownership Plan $915M · 10,168

Compare Shorr Paper Products, Inc. Employee Stoc… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Shorr Paper Products, Inc. Employee Stock Ownership Plan by total assets, not by location.

Trachte Building Systems Employee Stock Ownership Plan (WI) $331M · 228
American Systems Corporation Employee Stock Ownership Plan (VA) $331M · 1,782
Thirty Fifteen Employee Stock Ownership Plan (FL) $324M · 5,365
Kci Technologies, Inc. Employee Stock Ownership Plan (MD) $336M · 1,793

Frequently Asked Questions

How did Shorr Paper Products, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Shorr Paper Products, Inc. Employee Stock Ownership Plan grew sharply - up 22.6% during 2023, from $268M to $329M. Reported net income was $51M.

How have Hanchett Paper Company Dba Shorr Paper Products, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hanchett Paper Company Dba Shorr Paper Products, Inc.'s sponsor-wide assets grew 58.4%, from $319M to $506M.

Where does Shorr Paper Products, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Shorr Paper Products, Inc. Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which ESOP plans are similar in size to Shorr Paper Products, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Trachte Building Systems Employee Stock Ownership Plan in WI ($331M, 228 participants).

Next read for Shorr Paper Products, Inc. Employee Stoc…

Scale reading

Ways to act on Shorr Paper Products, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Shorr Paper Products, Inc. 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 Illinois. Compare plans
Hanchett Paper Company Dba Shorr Paper Products, Inc.'s sponsor-wide assets have grown 58.4% 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 362040680.