ESOP · DOL Form 5500 · 2024

Norco, Inc. ESOP

Data updated 2026-08-25

$269M
Total assets Near avg plan size
1,381
Participants Near avg headcount
95th
Percentile by assets National rank
$195,148
Avg per participant Above avg balance/head
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Official DOL plan name: Norco, Inc. Employee Stock Ownership Plan · Sponsored by Norco, Inc. · Idaho · Retail Trade

$269M in assets, 1,381 participants

Norco, Inc.'s Norco, Inc. Employee Stock Ownership Plan reported $269M in total assets and 1,381 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #7,837 in Retail Trade (8,048 peers)

Coverage in Idaho

Norco, Inc. Employee Stock Ownership Plan covers 1,381 participants in Idaho, 4.0x the typical Idaho plan (state average ~347 per filing). Assets: $269M.

#7,837
in Retail Trade (8,048 peers)
+5.3%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Norco, Inc. Employee Stock Ownership Plan's outsized position by total assets

Norco, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$269,499,287 Top 5% higher than 95% 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

Norco, Inc. Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Norco, Inc. Employee Stock Ownership Plan lands in the large band (1,381 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Norco, Inc. Employee Stock Ownership Plan reported net income fell from $41M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • Norco, Inc. Employee Stock Ownership Plan end-of-year assets rose from $256M in the plan year 2023 filing to $269M in the plan year 2024 filing.
  • Norco, Inc. Employee Stock Ownership Plan reported participants rose from 1,341 in the plan year 2023 filing to 1,381 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 820277763 · Norco, Inc. PY 2024 · ESOP

Norco, Inc. Employee Stock Ownership Plan · $269M · 1,381 · 95th

  • EIN $269M
  • EIN 1,381
  • EIN 95th
  • EIN ESOP
  • EIN near Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan
  • EIN ind #7837

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 Idaho →

Norco, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Morton Buildings, Inc. Leveraged Employee Stock Ownership PlanMorton Buildings, Inc. Lever…$270MNorco, Inc. Employee Stock Ownership PlanNorco, Inc. Employee Stock O…$269MDwh Owners Plan$268MParksite Inc. Employee Stock Ownership PlanParksite Inc. Employee Stock…$267MArco Holdings Employee Stock Ownership PlanArco Holdings Employee Stock…$267M
End-of-year total assets ($M) among Norco, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Idaho filing particulars

Total Assets (Beginning of Year)$256M
Net Assets (End of Year)$196M
Net Income$19M
Employer EIN820277763
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norco, Inc.)

Sponsor-wide plan assets over time

All Norco, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$370M 19.97440894520363% vs 2022
2024 filing year
$300M$320M$340M$360M$380M 202220232024 $308M $370M ▲ +20.0%
Year Plans Participants Total Assets
2022 2 2,536 $308M
2023 2 2,656 $355M
2024 2 2,767 $370M

Nearby ESOP Plans in Idaho

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

Norco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -20246 Total assets ($B) Participants Norco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.269499287 · Participants: 1381Norco, Inc. Employee Stock Ownership PlanWinco Employee Stock Ownership Plan, Total assets ($B): 5.045286033 · Participants: 17054Winco Employee Stock Ownership PlanStellar Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.331410874 · Participants: 774Stellar Industries, Inc. Employee Stock Ownership PlanMagic Valley Growers, Ltd. Employee Stock Ownership Plan, Total assets ($B): 0.095197829 · Participants: 241Magic Valley Growers, Ltd. Employee Stock Ownership PlanThe Franklin Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.090181679 · Participants: 561The Franklin Group, Inc. Employee Stock Ownership Plan and TrustContainer and Packaging Employee Stock Ownership Plan and Trust, Total assets ($B): 0.074738415 · Participants: 94Container and Packaging Employee Stock Ownership Plan and Trust
Norco, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants
Compare Norco, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Idaho, the nearest ESOP by assets is Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan in IL ($270M); by covered participants it is Page Southerland Page, Inc. Employee Stock Ownership Plan in TX (1,385 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($269M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,381 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 Norco, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Norco, Inc. Employee Stock Ownership Plan grew at a solid clip - up 5.3% during 2024, from $256M to $269M. Reported net income was $19M.
How have Norco, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norco, Inc.'s sponsor-wide assets grew 20.0%, from $308M to $370M.
Where does Norco, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Norco, Inc. Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Norco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan in IL ($270M, 1,960 participants).
Which ESOP plans cover a similar participant headcount to Norco, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Page Southerland Page, Inc. Employee Stock Ownership Plan in TX (1,385 participants, $13M 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 820277763.

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.