ESOP · DOL Form 5500 · 2024

The Cato Corporation ESOP

Data updated 2026-08-25

$16M
Total assets Small plan by assets
2,618
Participants Above avg headcount
65th
Percentile by assets National rank
$5,982
Avg per participant Low balance/head
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Official DOL plan name: The Cato Corporation Employee Stock Ownership Plan · Sponsored by The Cato Corporation · North Carolina · Retail Trade

$16M in assets, 2,618 participants

The Cato Corporation's The Cato Corporation Employee Stock Ownership Plan reported $16M in total assets and 2,618 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,128 in Retail Trade (8,048 peers)

Coverage in North Carolina

The Cato Corporation Employee Stock Ownership Plan covers 2,618 participants in North Carolina, 3.2x the typical North Carolina plan (state average ~819 per filing). Assets: $16M.

#6,128
in Retail Trade (8,048 peers)
-45.3%
assets change YoY

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Cato Corporation Employee Stock Ownership Plan's mid-pack asset rank among Retail Trade and all filers

The Cato Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$15,660,995 Top 35% higher than 65% 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

The Cato Corporation Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Cato Corporation Employee Stock Ownership Plan lands in the large band (2,618 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Cato Corporation Employee Stock Ownership Plan end-of-year assets fell from $29M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • The Cato Corporation Employee Stock Ownership Plan reported net income fell from -$9M in the plan year 2023 filing to -$13M in the plan year 2024 filing.
  • The Cato Corporation Employee Stock Ownership Plan reported participants fell from 2,802 in the plan year 2023 filing to 2,618 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 560484485 · The Cato Corporation PY 2024 · ESOP

The Cato Corporation Employee Stock Ownership Plan · $16M · 2,618 · 65th

  • EIN $16M
  • EIN 2,618
  • EIN 65th
  • EIN ESOP
  • EIN near Advantage Electric & Controls, Inc. Employee Stock Ownership Plan
  • EIN ind #6128

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 →

The Cato Corporation Employee Stock Ownership Plan in the asset neighbourhood

Agricultural Services, Inc. Employee Stock Ownership PlanAgricultural Services, Inc. …$16MAdvantage Electric & Controls, Inc. Employee Stock Ownership PlanAdvantage Electric & Control…$16MThe Cato Corporation Employee Stock Ownership PlanThe Cato Corporation Employe…$16MBonland Industries, Inc. Employee Stock Ownership PlanBonland Industries, Inc. Emp…$16MMulkey Enterprises, Inc. Employee Stock Ownership PlanMulkey Enterprises, Inc. Emp…$16M
End-of-year total assets ($M) among The Cato Corporation 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)$29M
Net Assets (End of Year)$16M
Net Income-$13M
Employer EIN560484485
Plan Effective Date1979-01-28
Filing StatusFILING RECEIVED

Sponsor Plan History (The Cato Corporation)

Sponsor-wide plan assets over time

All The Cato Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$89M 12.251169302586803% vs 2022
2024 filing year
$85M$90M$95M$100M$105M 202220232024 $101M $88.5M ▼ -12.2%
Year Plans Participants Total Assets
2022 2 5,553 $101M
2023 2 5,539 $99M
2024 2 5,260 $89M

Nearby ESOP Plans in North Carolina

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

The Cato Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. 0100020003000 050100150200 Total assets ($M) Participants The Cato Corporation Employee Stock Ownership Plan, Total assets ($M): 15.660995 · Participants: 2618The Cato Corporation 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
The Cato Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare The Cato Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest ESOP by assets is Advantage Electric & Controls, Inc. Employee Stock Ownership Plan in MI ($16M); by covered participants it is Servantex Employee Stock Ownership Plan in IN (2,561 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,618 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 The Cato Corporation Employee Stock Ownership Plan assets move in 2024? ▼
The Cato Corporation Employee Stock Ownership Plan contracted severely - down 45.3% during 2024, from $29M to $16M. Reported net income was -$13M.
How have The Cato Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Cato Corporation's sponsor-wide assets declined 12.3%, from $101M to $89M.
Which ESOP plans are similar in size to The Cato Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Advantage Electric & Controls, Inc. Employee Stock Ownership Plan in MI ($16M, 51 participants).
Which ESOP plans cover a similar participant headcount to The Cato Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Servantex Employee Stock Ownership Plan in IN (2,561 participants, $1M 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 560484485.

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.