ESOP · DOL Form 5500 · 2024

Varney, Inc ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
144
Participants Small participant base
58th
Percentile by assets National rank
$77,153
Avg per participant Below avg balance/head
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Official DOL plan name: Varney, Inc Employee Stock Ownership Plan and Trust · Sponsored by Varney, Inc · Virginia · Construction

$11M in assets, 144 participants

Varney, Inc's Varney, Inc Employee Stock Ownership Plan and Trust reported $11M in total assets and 144 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #5,088 in Construction (9,039 peers)

Coverage in Virginia

Varney, Inc Employee Stock Ownership Plan and Trust covers 144 participants in Virginia, about 18% of the average Virginia filer (state average ~782 per filing). Assets: $11M.

#5,088
in Construction (9,039 peers)
+40.8%
assets growth YoY

Varney, Inc Employee Stock Ownership Plan and Trust's mid-pack asset rank among Construction and all filers

Varney, Inc Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$11,110,024 Top 42% higher than 58% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Varney, Inc Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Varney, Inc Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Varney, Inc Employee Stock Ownership Plan and Trust reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Varney, Inc Employee Stock Ownership Plan and Trust end-of-year assets rose from $8M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 540791615 · Varney, Inc PY 2024 · ESOP

Varney, Inc Employee Stock Ownership Plan and Trust · $11M · 144 · 58th

  • TYPE $11M
  • NET 144
  • BOOK 58th
  • VS-ST ESOP
  • BOY near U.S. Fiduciary Services, Inc. Employee Stock Ownership Plan
  • SCH ind #5088

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with What is an ESOP? → · Plans in Virginia →

Varney, Inc Employee Stock Ownership Plan and Trust in the asset neighbourhood

First Commercial Financial Corp. Employee Stock Ownership PlanFirst Commercial Financial C…$11MPA Child, Inc. Employee Stock Ownership PlanPA Child, Inc. Employee Stoc…$11MVarney, Inc Employee Stock Ownership Plan and TrustVarney, Inc Employee Stock O…$11MU.S. Fiduciary Services, Inc. Employee Stock Ownership PlanU.S. Fiduciary Services, Inc…$11MD/T Carson Enterprises Employee Stock Ownership PlanD/T Carson Enterprises Emplo…$11M
End-of-year total assets ($M) among Varney, Inc Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$11M
Net Income$3M
Employer EIN540791615
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Varney, Inc)

Sponsor-wide plan assets over time

All Varney, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$19M 60.64875695149109% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $12M $19.3M ▲ +60.7%
Year Plans Participants Total Assets
2022 2 323 $12M
2023 2 315 $15M
2024 2 298 $19M

Nearby ESOP Plans in Virginia

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

Varney, Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Varney, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 0.011110024 · Participants: 144Varney, Inc Employee Stock Ownership Plan and TrustNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership Plan
Varney, Inc Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Varney, Inc Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Varney, Inc Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is U.S. Fiduciary Services, Inc. Employee Stock Ownership Plan in IL ($11M); by covered participants it is Tech-Marine Business, Inc. Employee Stock Ownership Plan in DC (144 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (144 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Varney, Inc Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Varney, Inc Employee Stock Ownership Plan and Trust surged - up 40.8% during 2024, from $8M to $11M. Reported net income was $3M.
How have Varney, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Varney, Inc's sponsor-wide assets grew 60.6%, from $12M to $19M.
Which ESOP plans are similar in size to Varney, Inc Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is U.S. Fiduciary Services, Inc. Employee Stock Ownership Plan in IL ($11M, 61 participants).
Which ESOP plans cover a similar participant headcount to Varney, Inc Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Tech-Marine Business, Inc. Employee Stock Ownership Plan in DC (144 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540791615.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.