ESOP · DOL Form 5500 · 2024

Sotherly Hotels, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
9
Participants Small participant base
23rd
Percentile by assets National rank
$112,563
Avg per participant Below avg balance/head
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Official DOL plan name: Sotherly Hotels Inc. Employee Stock Ownership Plan · Sponsored by Sotherly Hotels, Inc. · Virginia · Food Services & Accommodation

$1M in assets, 9 participants

Sotherly Hotels, Inc.'s Sotherly Hotels Inc. Employee Stock Ownership Plan reported $1M in total assets and 9 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #2,112 in Food Services & Accommodation (3,672 peers)

Food Services & Accommodation sector rank

Within Food Services & Accommodation, Sotherly Hotels Inc. Employee Stock Ownership Plan ranks #2,112 of 3,672 2024 filers by assets (1931% of the sector average)-$1M for 9 participants.

#2,112
in Food Services & Accommodation (3,672 peers)
+3.1%
assets growth YoY

Sotherly Hotels Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Sotherly Hotels Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$1,013,067 23rd percentile higher than 23% 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

Sotherly Hotels Inc. Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sotherly Hotels Inc. Employee Stock Ownership Plan is a micro filing (9 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sotherly Hotels Inc. Employee Stock Ownership Plan reported net income rose from $684K in the plan year 2023 filing to $963K in the plan year 2024 filing.
  • Sotherly Hotels Inc. Employee Stock Ownership Plan reported participants rose from 8 in the plan year 2023 filing to 9 in the plan year 2024 filing.
  • Sotherly Hotels Inc. Employee Stock Ownership Plan end-of-year assets rose from $982K in the plan year 2023 filing to $1M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 201965427 · Sotherly Hotels, Inc. PY 2024 · ESOP

Sotherly Hotels Inc. Employee Stock Ownership Plan · $1M · 9 · 23rd

  • VS-ST $1M
  • BOY 9
  • SCH 23rd
  • EBSA ESOP
  • PART near Heb Engineers, Inc. Employee Stock Ownership Plan
  • TYPE ind #2112

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 →

Sotherly Hotels Inc. Employee Stock Ownership Plan in the asset neighbourhood

Heb Engineers, Inc. Employee Stock Ownership PlanHeb Engineers, Inc. Employee…$1MCypher Analytics, Inc. Employee Stock Ownership PlanCypher Analytics, Inc. Emplo…$1MWestern Contract Furnishers of Sacramento Employee Stock Ownership PlanWestern Contract Furnishers …$1MSotherly Hotels Inc. Employee Stock Ownership PlanSotherly Hotels Inc. Employe…$1MEquipment Manufacturers International, Inc. Employee Stock Ownership PlanEquipment Manufacturers Inte…$1M
End-of-year total assets ($M) among Sotherly Hotels Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Food Services & Accommodation filing particulars

Total Assets (Beginning of Year)$982K
Net Assets (End of Year)$201K
Net Income$963K
Employer EIN201965427
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sotherly Hotels, Inc.)

Sponsor-wide plan assets over time

All Sotherly Hotels, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 15.937816353286754% vs 2022
2024 filing year
$0.9M$1M$1.1M$1.2M$1.3M 202220232024 $1.21M $1.01M ▼ -16.5%
Year Plans Participants Total Assets
2022 1 10 $1M
2023 1 8 $982K
2024 1 9 $1M

Nearby ESOP Plans in Virginia

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

Sotherly Hotels Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Sotherly Hotels Inc. Employee Stock Ownership Plan, Total assets ($B): 0.001013067 · Participants: 9Sotherly Hotels Inc. Employee Stock Ownership PlanNvr, 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
Sotherly Hotels Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare Sotherly Hotels Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Sotherly Hotels Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Heb Engineers, Inc. Employee Stock Ownership Plan in NH ($1M); by covered participants it is Commercial Bank of Mott Employee Stock Ownership Plan in ND (9 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (9 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 Sotherly Hotels Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Sotherly Hotels Inc. Employee Stock Ownership Plan edged up modestly - up 3.1% during 2024, from $982K to $1M. Reported net income was $963K.
How have Sotherly Hotels, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sotherly Hotels, Inc.'s sponsor-wide assets declined 15.9%, from $1M to $1M.
Where does Sotherly Hotels Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Sotherly Hotels Inc. Employee Stock Ownership Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Sotherly Hotels Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Heb Engineers, Inc. Employee Stock Ownership Plan in NH ($1M, 32 participants).
Which ESOP plans cover a similar participant headcount to Sotherly Hotels Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Commercial Bank of Mott Employee Stock Ownership Plan in ND (9 participants, $11M 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 201965427.

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.