ESOP · DOL Form 5500 · 2024

The Torrent Community of Businesses, Inc. ESOP

Data updated 2026-08-25

$789K
Total assets Small plan by assets
105
Participants Small participant base
21st
Percentile by assets National rank
$7,516
Avg per participant Low balance/head
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Official DOL plan name: Torrent Employee Stock Ownership Plan · Sponsored by The Torrent Community of Businesses, Inc. · North Carolina · Professional & Technical Services

$789K in assets, 105 participants

The Torrent Community of Businesses, Inc.'s Torrent Employee Stock Ownership Plan reported $789K in total assets and 105 participants in its 2024 DOL Form 5500 filing, ranking in the 21st 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.

  • #3,293 in Professional & Technical Services (20,173 peers)

Coverage in North Carolina

Torrent Employee Stock Ownership Plan covers 105 participants in North Carolina, about 13% of the average North Carolina filer (state average ~819 per filing). Assets: $789K.

#3,293
in Professional & Technical Services (20,173 peers)
+4.3%
assets growth YoY

Torrent Employee Stock Ownership Plan among the smaller filed plans by assets

Torrent Employee Stock Ownership Plan vs every filed plan by assets

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

$789,147 21st percentile higher than 21% 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

Torrent 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. Torrent Employee Stock Ownership Plan sits mid-pack in the medium band (105 participants).

Plan-year Form 5500 strip

Filing strip 853556076 · The Torrent Community of Businesses, Inc. PY 2024 · ESOP

Torrent Employee Stock Ownership Plan · $789K · 105 · 21st

  • VS-ST $789K
  • BOY 105
  • SCH 21st
  • EBSA ESOP
  • PART near Delta Development Group, Inc. Employee Stock Ownership Plan
  • TYPE ind #3293

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 →

Torrent Employee Stock Ownership Plan in the asset neighbourhood

Torrent Employee Stock Ownership PlanTorrent Employee Stock Owner…$789KDelta Development Group, Inc. Employee Stock Ownership PlanDelta Development Group, Inc…$790KAmericana Building Products, Inc. Employee Stock Ownership PlanAmericana Building Products,…$786KGerou Excavating, Inc. Employee Stock Ownership PlGerou Excavating, Inc. Emplo…$793KCiorba Group, Inc. Employee Stock Ownership Plan & TrustCiorba Group, Inc. Employee …$794K
End-of-year total assets ($M) among Torrent Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$757K
Net Assets (End of Year)$789K
Net Income$32K
Employer EIN853556076
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Carolina

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

Torrent Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 050010001500 -50050100150200 Total assets ($M) Participants Torrent Employee Stock Ownership Plan, Total assets ($M): 0.789147 · Participants: 105Torrent Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 184.02736 · Participants: 1396Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 153.55178 · Participants: 969Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 143.430717 · Participants: 1228Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 132.702062 · Participants: 279Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 123.497988 · Participants: 158State Utility Contractors, Inc. Employee Stock Ownership Plan
Torrent Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Torrent Employee Stock Ownership Plan side-by-side with 3 peers →

Torrent Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Delta Development Group, Inc. Employee Stock Ownership Plan in PA ($790K); by covered participants it is Peninsula Insurance Bureau Employee Stock Ownership Plan in FL (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Torrent Employee Stock Ownership Plan assets move in 2024? ▼
Torrent Employee Stock Ownership Plan edged up modestly - up 4.3% during 2024, from $757K to $789K. Reported net income was $32K.
Where does Torrent Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Torrent Employee Stock Ownership Plan ranks in the 21st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Torrent Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Delta Development Group, Inc. Employee Stock Ownership Plan in PA ($790K, 28 participants).
Which ESOP plans cover a similar participant headcount to Torrent Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Peninsula Insurance Bureau Employee Stock Ownership Plan in FL (105 participants, $11M 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 853556076.

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.