ESOP · DOL Form 5500 · 2024

Quaintance-Weaver Management, LLC ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets: 243
Participants Below avg headcount: 48th
Percentile by assets National rank: $28,495
Avg per participant Low balance/head

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Official DOL plan name: Qw ESOP · Sponsored by Quaintance-Weaver Management, LLC · North Carolina · Food Services & Accommodation

$7M in assets, 243 participants

Quaintance-Weaver Management, LLC's Qw ESOP reported $7M in total assets and 243 participants in its 2024 DOL Form 5500 filing, ranking in the 48th 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.

#2,943 in Food Services & Accommodation (3,672 peers)

Coverage in North Carolina

Qw ESOP covers 243 participants in North Carolina, about 30% of the average North Carolina filer (state average ~819 per filing). Assets: $7M.

#2,943
in Food Services & Accommodation (3,672 peers): +28.0%
assets growth YoY

Qw ESOP's mid-pack asset rank among Food Services & Accommodation and all filers

Qw ESOP vs every filed plan by assets

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

$6,924,255 48th percentile higher than 48% 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

Qw ESOP 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. Qw ESOP sits mid-pack in the medium band (243 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Qw ESOP reported net income rose from -$89K in the plan year 2023 filing to $2M in the plan year 2024 filing.
Qw ESOP end-of-year assets rose from $5M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Qw ESOP reported participants fell from 260 in the plan year 2023 filing to 243 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 562101619 · Quaintance-Weaver Management, LLC PY 2024 · ESOP

Qw ESOP · $7M · 243 · 48th

PART $7M
TYPE 243
NET 48th
BOOK ESOP
VS-ST near The Helsing Group Employee Stock Ownership Plan
BOY ind #2943

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 North Carolina →

End-of-year total assets ($M) among Qw ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	-$4M
Net Income	$2M
Employer EIN	562101619
Plan Effective Date	2016-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Quaintance-Weaver Management, LLC)

Latest sponsor-wide plan assets: $7M 8.208882334362821% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	2	485	$6M
2023	1	260	$5M
2024	1	243	$7M

Nearby ESOP Plans in North Carolina

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

Qw ESOP vs. nearby ESOP plans in North Carolina, assets vs. participants

Columbia Forest Products, Inc. Employee Stock Ownership Plan and Trust $184M · 1,396
Ecmd, Inc. Employee Stock Ownership Plan $154M · 969
Precision Walls, Inc. Employee Stock Ownership Plan $143M · 1,228
Robert E. Mason & Associates, Inc. Employee Stock Ownership Plan $133M · 279
State Utility Contractors, Inc. Employee Stock Ownership Plan $123M · 158

Compare Qw ESOP side-by-side with 3 peers →

Qw ESOP's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is The Helsing Group Employee Stock Ownership Plan in CA ($7M); by covered participants it is Wall Holdings, Inc. & Affiliates Employee Stock Ownership Plan in VA (243 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

The Helsing Group Employee Stock Ownership Plan (CA) $7M · 42
Robb-Jack Corporation Stock Bonus Employee Stock Ownership Plan (CA) $7M · 80
Sports Imports, Inc. Employee Stock Ownership Plan (OH) $7M · 32
Keenan Energy Company Employee Stock Ownership Plan and Trust (SC) $7M · 39

Similar participant headcount

Nearest other-state filings by covered participants (243 participants); asset peers above are excluded.

Wall Holdings, Inc. & Affiliates Employee Stock Ownership Plan (VA) 243 · 0 off
Forte Residential, Inc. Employee Stock Ownership Plan (IN) 243 · 0 off
Cummins-Wagner Co., Inc. Employee Stock Ownership Plan (MD) 243 · 0 off
Alamon, Inc. Employee Stock Ownership Plan (MT) 243 · 0 off

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 Qw ESOP assets move in 2024? ▼

Qw ESOP grew sharply - up 28.0% during 2024, from $5M to $7M. Reported net income was $2M.

How have Quaintance-Weaver Management, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Quaintance-Weaver Management, LLC's sponsor-wide assets grew 8.2%, from $6M to $7M.

Which ESOP plans are similar in size to Qw ESOP? ▼

Among ESOP plans in other states, the closest by assets is The Helsing Group Employee Stock Ownership Plan in CA ($7M, 42 participants).

Which ESOP plans cover a similar participant headcount to Qw ESOP? ▼

Among ESOP plans in other states, the closest by covered participants is Wall Holdings, Inc. & Affiliates Employee Stock Ownership Plan in VA (243 participants, $29M 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 562101619.