ESOP · DOL Form 5500 · 2024

Norco, Inc. ESOP

Data updated 2026-08-06

$269M
Total assets: 1,381
Participants: 95th
Percentile by assets: $195,148
Avg per participant

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.

95th percentile by assets (of 116,472 plans)

Coverage in Idaho

Norco, Inc. Employee Stock Ownership Plan covers 1,381 participants in Idaho, 4.0x the typical Idaho plan (state average ~346 per filing). Assets: $269M.

$269M
total plan assets (2024 EOY): 1,381
covered participants: 95th
percentile by assets (of 116,472 plans): $195,148
avg assets per participant

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 →

State

Idaho

Industry

Retail Trade

Participants vs Idaho filers

In Idaho, the average filing covers about 346 participants across 720 plans. Norco, Inc. Employee Stock Ownership Plan reports 1,381 participants - 4.0x that state average ($269M EOY assets).

Idaho filing particulars

Total Assets (Beginning of Year)	$256M
Net Assets (End of Year)	$196M
Net Income	$19M
Employer EIN	820277763
Plan Effective Date	2015-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Norco, Inc.)

Total plan assets by year, all Norco, Inc. plans on file

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

Winco Employee Stock Ownership Plan $5.0B · 17,054
Stellar Industries, Inc. Employee Stock Ownership Plan $331M · 774
Magic Valley Growers, Ltd. Employee Stock Ownership Plan $95M · 241
The Franklin Group, Inc. Employee Stock Ownership Plan and Trust $90M · 561
Container and Packaging Employee Stock Ownership Plan and Trust $75M · 94

Compare Norco, Inc. Employee Stock Ownership Pla… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Morton Buildings, Inc. Leveraged Employee Stock Ownership Plan (IL) $270M · 1,960
Dwh Owners Plan (TX) $268M · 1,292
Parksite Inc. Employee Stock Ownership Plan (IL) $267M · 598
Arco Holdings Employee Stock Ownership Plan (MO) $267M · 468

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 116,472 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).

Next read for Norco, Inc. Employee Stock Ownership Pla…

Filing takeaways

Ways to act on Norco, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Norco, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Idaho. Compare plans
Norco, Inc.'s sponsor-wide assets have grown 20.0% since 2022 across 3 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 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.