ESOP · DOL Form 5500 · 2024
Cornerstone Systems, Inc. ESOP
Data updated 2026-08-25
- $44M
- Total assets Below avg plan size
- 168
- Participants Small participant base
- 83rd
- Percentile by assets National rank
- $259,019
- Avg per participant Above avg balance/head
Official DOL plan name: Cornerstone Systems, Inc. Employee Stock Ownership Plan · Sponsored by Cornerstone Systems, Inc. · Tennessee · Transportation & Warehousing
$44M in assets, 168 participants
Cornerstone Systems, Inc.'s Cornerstone Systems, Inc. Employee Stock Ownership Plan reported $44M in total assets and 168 participants in its 2024 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.
- #2,680 in Transportation & Warehousing (3,299 peers)
Coverage in Tennessee
Cornerstone Systems, Inc. Employee Stock Ownership Plan covers 168 participants in Tennessee, about 15% of the average Tennessee filer (state average ~1,126 per filing). Assets: $44M.
- #2,680
- in Transportation & Warehousing (3,299 peers)
- -0.8%
- assets change YoY
- 0.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $24K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Cornerstone Systems, Inc. Employee Stock Ownership Plan's outsized position by total assets
Cornerstone Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$43,515,125 Top 17% higher than 83% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Cornerstone Systems, Inc. Employee Stock Ownership Plan 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. Cornerstone Systems, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (168 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Cornerstone Systems, Inc. Employee Stock Ownership Plan reported net income rose from -$5M in the plan year 2023 filing to -$24K in the plan year 2024 filing.
- Cornerstone Systems, Inc. Employee Stock Ownership Plan reported participants rose from 157 in the plan year 2023 filing to 168 in the plan year 2024 filing.
- Cornerstone Systems, Inc. Employee Stock Ownership Plan end-of-year assets fell from $44M in the plan year 2023 filing to $44M in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 621686354 · Cornerstone Systems, Inc. PY 2024 · ESOP
Cornerstone Systems, Inc. Employee Stock Ownership Plan · $44M · 168 · 83rd
- EIN $44M
- EIN 168
- EIN 83rd
- EIN ESOP
- EIN near Rsp Architects, Ltd Employee Stock Ownership Plan
- EIN ind #2680
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 Tennessee →
Cornerstone Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Tennessee filing particulars
| Total Assets (Beginning of Year) | $44M |
|---|---|
| Net Assets (End of Year) | $26M |
| Net Income | -$24K |
| Employer EIN | 621686354 |
| Plan Effective Date | 2012-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cornerstone Systems, Inc.)
Sponsor-wide plan assets over time
All Cornerstone Systems, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $63M 0.13807426128258934% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 347 | $63M |
| 2023 | 2 | 326 | $60M |
| 2024 | 2 | 340 | $63M |
Nearby ESOP Plans in Tennessee
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Barr Brands International Amended and Restated Employee Stock Ownership Plan $470M · 403
- Zander Group Holdings, Inc. Employee Stock Ownership Plan $247M · 201
- National Health Corp Leveraged Employee Stock Ownership Plan $168M · 1,385
- 3ls, Inc. Employee Stock Ownership Plan $143M · 515
- Smith Seckman Reid, Inc. Employee Stock Ownership Plan $116M · 507
Cornerstone Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside Tennessee, the nearest ESOP by assets is Rsp Architects, Ltd Employee Stock Ownership Plan in MN ($44M); by covered participants it is Control Associates, Inc. Employee Stock Ownership Plan in NJ (168 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($44M here).
- Rsp Architects, Ltd Employee Stock Ownership Plan (MN) $44M · 298
- Scitec, Inc. Employee Stock Ownership Plan (NJ) $44M · 306
- Financial Business Systems, Inc. 2013 Amended and Restated Employee Stock Ownership Plan (ND) $43M · 121
- Classic Transportation Services, Inc. Employee Stock Ownership Plan (MI) $44M · 35
Similar participant headcount
Nearest other-state filings by covered participants (168 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.