ESOP · DOL Form 5500 · 2023

Stepherson, Incorporated ESOP

Data updated 2026-08-11

$39M
Total assets: 423
Participants: 83rd
Percentile by assets: $91,048
Avg per participant

Official DOL plan name: Stepherson, Incorporated Employee Stock Ownership Plan · Sponsored by Stepherson, Incorporated · Tennessee · Retail Trade

$39M in assets, 423 participants

Stepherson, Incorporated's Stepherson, Incorporated Employee Stock Ownership Plan reported $39M in total assets and 423 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

83rd percentile by assets (of 127,072 plans)
#7,577 in Retail Trade (8,414 peers)

Coverage in Tennessee

Stepherson, Incorporated Employee Stock Ownership Plan covers 423 participants in Tennessee, about 38% of the average Tennessee filer (state average ~1,126 per filing). Assets: $39M.

$39M
total plan assets (2023 EOY): 423
covered participants: 83rd
percentile by assets (of 127,072 plans): $91,048
avg assets per participant

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Stepherson, Incorporated Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2022 filing to -$5M in the plan year 2023 filing.
Stepherson, Incorporated Employee Stock Ownership Plan end-of-year assets fell from $44M in the plan year 2022 filing to $39M in the plan year 2023 filing.
Stepherson, Incorporated Employee Stock Ownership Plan reported participants rose from 408 in the plan year 2022 filing to 423 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Tennessee

Industry

Retail Trade

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Stepherson, Incorporated Employee Stock Ownership Plan reports 423 participants - about 38% of that state average ($39M EOY assets).

Tennessee filing particulars

Total Assets (Beginning of Year)	$44M
Net Assets (End of Year)	$23M
Net Income	-$5M
Employer EIN	620536130
Plan Effective Date	2009-10-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Stepherson, Incorporated)

Total plan assets by year, all Stepherson, Incorporated plans on file

Year	Plans	Participants	Total Assets
2022	2	796	$47M
2023	1	423	$39M

Nearby ESOP Plans in Tennessee

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

Stepherson, Incorporated 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 Stepherson, Incorporated Employee Stock … side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Sensient Technologies Corporation Employee Stock Ownership Plan (WI) $39M · 1,708
Oftedal Construction, Inc. Employee Stock Ownership Plan (MT) $39M · 80
Gcw Holdings, Inc. Employee Stock Ownership Plan (NV) $39M · 115
Dynabrade, Inc Employee Stock Ownership Plan (NY) $39M · 142

Frequently Asked Questions

How did Stepherson, Incorporated Employee Stock Ownership Plan assets move in 2023? ▼

Stepherson, Incorporated Employee Stock Ownership Plan pulled back noticeably - down 12.2% during 2023, from $44M to $39M. Reported net income was -$5M.

How have Stepherson, Incorporated plan assets changed over time? ▼

Across 2 plan years on file (2022-2023), Stepherson, Incorporated's sponsor-wide assets declined 18.4%, from $47M to $39M.

Where does Stepherson, Incorporated Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Stepherson, Incorporated Employee Stock Ownership Plan ranks in the 83rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Stepherson, Incorporated Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Sensient Technologies Corporation Employee Stock Ownership Plan in WI ($39M, 1,708 participants).

Next read for Stepherson, Incorporated Employee Stock …

Filing takeaways

Ways to act on Stepherson, Incorporated Employee Stock Ownership Plan's numbers.

By total assets, Stepherson, Incorporated Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Tennessee. Compare plans
Stepherson, Incorporated's sponsor-wide assets have declined 18.4% since 2022 across 2 plan years on file. More Retail 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 620536130.