ESOP · DOL Form 5500 · 2024

Tharanco Group, Inc. ESOP

Data updated 2026-08-25

$25M
Total assets Below avg plan size
156
Participants Small participant base
75th
Percentile by assets National rank
$163,252
Avg per participant Above avg balance/head
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Official DOL plan name: Tharanco Group, Inc. Employee Stock Ownership Plan · Sponsored by Tharanco Group, Inc. · New York · Wholesale Trade

$25M in assets, 156 participants

Tharanco Group, Inc.'s Tharanco Group, Inc. Employee Stock Ownership Plan reported $25M in total assets and 156 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #4,388 in Wholesale Trade (6,080 peers)

Coverage in New York

Tharanco Group, Inc. Employee Stock Ownership Plan covers 156 participants in New York, about 20% of the average New York filer (state average ~798 per filing). Assets: $25M.

#4,388
in Wholesale Trade (6,080 peers)
+108.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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

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

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

$25,467,384 Top 25% higher than 75% 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

Tharanco Group, 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. Tharanco Group, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (156 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tharanco Group, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Tharanco Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $12M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Tharanco Group, Inc. Employee Stock Ownership Plan reported participants rose from 128 in the plan year 2023 filing to 156 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 472283185 · Tharanco Group, Inc. PY 2024 · ESOP

Tharanco Group, Inc. Employee Stock Ownership Plan · $25M · 156 · 75th

  • EBSA $25M
  • EBSA 156
  • EBSA 75th
  • EBSA ESOP
  • EBSA near Gibson Insurance Agency, Inc. Employee Stock Ownership Plan
  • EBSA ind #4388

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 New York →

Tharanco Group, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Rayser Holdings, Inc. Employee Stock Ownership PlanRayser Holdings, Inc. Employ…$26MTharanco Group, Inc. Employee Stock Ownership PlanTharanco Group, Inc. Employe…$25MGibson Insurance Agency, Inc. Employee Stock Ownership PlanGibson Insurance Agency, Inc…$25MEwing-Foley, Inc. Employee Stock Ownership PlanEwing-Foley, Inc. Employee S…$25MM.B. Herzog Electric, Inc. Employee Stock Ownership PlanM.B. Herzog Electric, Inc. E…$25M
End-of-year total assets ($M) among Tharanco Group, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)-$86M
Net Income$16M
Employer EIN472283185
Plan Effective Date2014-10-21
Filing StatusFILING RECEIVED

Sponsor Plan History (Tharanco Group, Inc.)

Sponsor-wide plan assets over time

All Tharanco Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 81.3863015149312% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $21.8M $39.5M ▲ +81.4%
Year Plans Participants Total Assets
2022 2 275 $22M
2023 2 285 $24M
2024 2 352 $40M

Nearby ESOP Plans in New York

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

Tharanco Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -20002004006008001000 Total assets ($M) Participants Tharanco Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 25.467384 · Participants: 156Tharanco Group, Inc. Employee Stock Ownership PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 896.840227 · Participants: 3483Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 450.776522 · Participants: 3042North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 306.094988 · Participants: 3209Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 254.362741 · Participants: 1716Greenman-Pedersen, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 234.345888 · Participants: 518Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
Tharanco Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in New York, assets vs. participants
Compare Tharanco Group, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside New York, the nearest ESOP by assets is Gibson Insurance Agency, Inc. Employee Stock Ownership Plan in IN ($25M); by covered participants it is Loureiro Engineering Associates, Inc. Employee Stock Ownership Plan in CT (156 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (156 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 Tharanco Group, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Tharanco Group, Inc. Employee Stock Ownership Plan surged - up 108.0% during 2024, from $12M to $25M. Reported net income was $16M.
How have Tharanco Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tharanco Group, Inc.'s sponsor-wide assets grew 81.4%, from $22M to $40M.
Where does Tharanco Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Tharanco Group, Inc. Employee Stock Ownership Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Tharanco Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Gibson Insurance Agency, Inc. Employee Stock Ownership Plan in IN ($25M, 161 participants).
Which ESOP plans cover a similar participant headcount to Tharanco Group, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Loureiro Engineering Associates, Inc. Employee Stock Ownership Plan in CT (156 participants, $22M 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 472283185.

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.