ESOP · DOL Form 5500 · 2024

Nucor Corporation ESOP

Data updated 2026-08-11

$13M
Total assets
122
Participants
61st
Percentile by assets
$105,181
Avg per participant
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Official DOL plan name: Nucor Corporation Employee Stock Ownership Plan · Sponsored by Nucor Corporation · North Carolina · Manufacturing

$13M in assets, 122 participants

Nucor Corporation's Nucor Corporation Employee Stock Ownership Plan reported $13M in total assets and 122 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • 61st percentile by assets (of 123,622 plans)
  • #8,562 in Manufacturing (17,777 peers)

Coverage in North Carolina

Nucor Corporation Employee Stock Ownership Plan covers 122 participants in North Carolina, about 15% of the average North Carolina filer (state average ~819 per filing). Assets: $13M.

$13M
total plan assets (2024 EOY)
122
covered participants
61st
percentile by assets (of 123,622 plans)
$105,181
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nucor Corporation Employee Stock Ownership Plan reported net income fell from $545K in the plan year 2023 filing to -$9M in the plan year 2024 filing.
  • Nucor Corporation Employee Stock Ownership Plan end-of-year assets fell from $22M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Nucor Corporation Employee Stock Ownership Plan reported participants fell from 155 in the plan year 2023 filing to 122 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Nucor Corporation Employee Stock Ownership Plan reports 122 participants - about 15% of that state average ($13M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$13M
Net Income-$9M
Employer EIN131860817
Plan Effective Date1977-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nucor Corporation)

$6B$7B$8B$9B$10B 202220232024 $6.93B $9.36B ▲ +35.1%
Total plan assets by year, all Nucor Corporation plans on file
Year Plans Participants Total Assets
2022 2 21,253 $6.9B
2023 2 24,329 $8.5B
2024 2 27,192 $9.4B

Nearby ESOP Plans in North Carolina

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

Nucor Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Nucor Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 050100150200 Total assets ($M) Participants Nucor Corporation Em…Columbia Forest Prod…Ecmd, Inc. Employee …Precision Walls, Inc…Robert E. Mason & As…State Utility Contra…
Nucor Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Nucor Corporation Employee Stock Ownership Plan assets move in 2024?
Nucor Corporation Employee Stock Ownership Plan contracted severely - down 42.1% during 2024, from $22M to $13M. Reported net income was -$9M.
How have Nucor Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Nucor Corporation's sponsor-wide assets grew 35.2%, from $6.9B to $9.4B.
Which ESOP plans are similar in size to Nucor Corporation Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is R3 Employee Stock Ownership Plan in CA ($13M, 159 participants).

Next read for Nucor Corporation Employee Stock Ownersh…

Filing takeaways

Ways to act on Nucor Corporation Employee Stock Ownership Plan's numbers.