ESOP · DOL Form 5500 · 2023

King Kullen Grocery Co., Inc. ESOP

Data updated 2026-08-11

$16M
Total assets
113
Participants
69th
Percentile by assets
$142,304
Avg per participant
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Official DOL plan name: King Kullen Employee Stock Ownership Plan · Sponsored by King Kullen Grocery Co., Inc. · New York · Retail Trade

$16M in assets, 113 participants

King Kullen Grocery Co., Inc.'s King Kullen Employee Stock Ownership Plan reported $16M in total assets and 113 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • 69th percentile by assets (of 127,072 plans)
  • #6,671 in Retail Trade (8,414 peers)

Coverage in New York

King Kullen Employee Stock Ownership Plan covers 113 participants in New York, about 14% of the average New York filer (state average ~798 per filing). Assets: $16M.

$16M
total plan assets (2023 EOY)
113
covered participants
69th
percentile by assets (of 127,072 plans)
$142,304
avg assets per participant

The plan reported a net loss of $1M 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

  • King Kullen Employee Stock Ownership Plan reported net income rose from -$4M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • King Kullen Employee Stock Ownership Plan end-of-year assets fell from $18M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • King Kullen Employee Stock Ownership Plan reported participants fell from 117 in the plan year 2022 filing to 113 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. King Kullen Employee Stock Ownership Plan reports 113 participants - about 14% of that state average ($16M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$16M
Net Income-$1M
Employer EIN110954404
Plan Effective Date1977-10-02
Filing StatusFILING RECEIVED

Sponsor Plan History (King Kullen Grocery Co., Inc.)

$115M$120M$125M$130M$135M$140M 202220232024 $118M $132M ▲ +11.8%
Total plan assets by year, all King Kullen Grocery Co., Inc. plans on file
Year Plans Participants Total Assets
2022 3 437 $118M
2023 3 403 $134M
2024 3 397 $132M

Nearby ESOP Plans in New York

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

King Kullen Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

King Kullen Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -20002004006008001000 Total assets ($M) Participants King Kullen Employee…Stewart's Shops Corp…North Coast Holdings…Griffon Corporation …Greenman-Pedersen, I…H.C. Wainwright & Co…
King Kullen Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to King Kullen Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did King Kullen Employee Stock Ownership Plan assets move in 2023?
King Kullen Employee Stock Ownership Plan pulled back noticeably - down 8.4% during 2023, from $18M to $16M. Reported net income was -$1M.
How have King Kullen Grocery Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), King Kullen Grocery Co., Inc.'s sponsor-wide assets grew 11.8%, from $118M to $132M.
Which ESOP plans are similar in size to King Kullen Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Alpine Snowguards Employee Stock Ownership Plan in VT ($16M, 25 participants).

Next read for King Kullen Employee Stock Ownership Pla…

Filing takeaways

Ways to act on King Kullen Employee Stock Ownership Plan's numbers.

  • By total assets, King Kullen Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
  • King Kullen Grocery Co., Inc.'s sponsor-wide assets have grown 11.8% since 2022 across 3 plan years on file. More Retail Trade plans