ESOP · DOL Form 5500 · 2024

North State Grocery, Inc. ESOP

Data updated 2026-07-24

$101M
Total assets: 635
Participants: 91st
Percentile by assets: $158,636
Avg per participant

Official DOL plan name: North State Grocery, Inc. Employee Stock Ownership Plan · Sponsored by North State Grocery, Inc. · California · Wholesale Trade

$101M in assets, 635 participants

North State Grocery, Inc.'s North State Grocery, Inc. Employee Stock Ownership Plan reported $101M in total assets and 635 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 116,472 plans)

Where North State Grocery, Inc. Employee Stock Ownership Plan sits by assets

North State Grocery, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $101M for 635 participants (~$158,636/participant), up 3.5% in 2024.

$101M
total plan assets (2024 EOY): 635
covered participants: 91st
percentile by assets (of 116,472 plans): $158,636
avg assets per participant

North State Grocery, Inc. Employee Stock Ownership Plan reported net income fell from $17M in the plan year 2023 filing to $267K in the plan year 2024 filing.
North State Grocery, Inc. Employee Stock Ownership Plan end-of-year assets rose from $97M in the plan year 2023 filing to $101M in the plan year 2024 filing.
North State Grocery, Inc. Employee Stock Ownership Plan reported participants rose from 621 in the plan year 2023 filing to 635 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

California

Industry

Wholesale Trade

North State Grocery, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, North State Grocery, Inc. Employee Stock Ownership Plan outranks 91% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$97M
Net Assets (End of Year)	$98M
Net Income	$267K
Employer EIN	680173691
Plan Effective Date	2006-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (North State Grocery, Inc.)

Total plan assets by year, all North State Grocery, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,154	$94M
2023	2	1,249	$113M
2024	2	1,289	$117M

Nearby ESOP Plans in California

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

North State Grocery, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Parsons Employee Stock Ownership Plan $5.0B · 8,040
Rosendin Electric, Inc. Employee Stock Ownership Plan $1.5B · 1,998
Ecc Employee Stock Ownership Plan $632M · 317
Agron, Inc. Employee Stock Ownership Plan $596M · 68
Proponent Employee Stock Ownership Plan $543M · 439

Compare North State Grocery, Inc. Employee Stock… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Nott Company Employee Stock Ownership Plan (MN) $101M · 320
F & H Food Equipment Co. Employee Stock Ownership Plan (MO) $101M · 83
W.W. Gay Mechanical Contractor, Inc. Employee Stock Ownership Plan & Trust (FL) $101M · 227
Mckim & Creed, Inc. Employee Stock Ownership Plan (NC) $101M · 949

Frequently Asked Questions

How did North State Grocery, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

North State Grocery, Inc. Employee Stock Ownership Plan edged up modestly - up 3.5% during 2024, from $97M to $101M. Reported net income was $267K.

How have North State Grocery, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), North State Grocery, Inc.'s sponsor-wide assets grew 24.1%, from $94M to $117M.

Where does North State Grocery, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

North State Grocery, Inc. Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to North State Grocery, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Nott Company Employee Stock Ownership Plan in MN ($101M, 320 participants).

Next read for North State Grocery, Inc. Employee Stock…

Scale reading

Ways to act on North State Grocery, Inc. Employee Stock Ownership Plan's numbers.

By total assets, North State Grocery, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in California. Compare plans
North State Grocery, Inc.'s sponsor-wide assets have grown 24.1% since 2022 across 3 plan years on file. More Wholesale 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 680173691.

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.