ESOP · DOL Form 5500 · 2024

Carolina Solar Services ESOP

Data updated 2026-08-25

$669K
Total assets Small plan by assets
40
Participants Small participant base
20th
Percentile by assets National rank
$16,726
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carolina Solar Services Employee Stock Ownership Plan · Sponsored by Carolina Solar Services · North Carolina · Utilities

$669K in assets, 40 participants

Carolina Solar Services's Carolina Solar Services Employee Stock Ownership Plan reported $669K in total assets and 40 participants in its 2024 DOL Form 5500 filing, ranking in the 20th 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.

  • #37 in Utilities (732 peers)

Carolina Solar Services multi-year trail

Carolina Solar Services's plans moved +18.5% in assets from 2023 to 2024; this filing shows Carolina Solar Services Employee Stock Ownership Plan at $669K / 40 participants.

#37
in Utilities (732 peers)
+18.5%
assets growth YoY

The plan reported a net loss of $128K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Carolina Solar Services Employee Stock Ownership Plan among the smaller filed plans by assets

Carolina Solar Services Employee Stock Ownership Plan vs every filed plan by assets

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

$669,028 20th percentile higher than 20% 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

Carolina Solar Services Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Carolina Solar Services Employee Stock Ownership Plan is a small filing (40 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Carolina Solar Services Employee Stock Ownership Plan reported net income fell from $216K in the plan year 2023 filing to -$128K in the plan year 2024 filing.
  • Carolina Solar Services Employee Stock Ownership Plan end-of-year assets rose from $564K in the plan year 2023 filing to $669K in the plan year 2024 filing.
  • Carolina Solar Services Employee Stock Ownership Plan reported participants fell from 46 in the plan year 2023 filing to 40 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 472684655 · Carolina Solar Services PY 2024 · ESOP

Carolina Solar Services Employee Stock Ownership Plan · $669K · 40 · 20th

  • IND $669K
  • IND 40
  • IND 20th
  • IND ESOP
  • IND near Ledesma & Meyer Employee Stock Ownership Plan
  • IND ind #37

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 →

Carolina Solar Services Employee Stock Ownership Plan in the asset neighbourhood

Carolina Solar Services Employee Stock Ownership PlanCarolina Solar Services Empl…$669KLedesma & Meyer Employee Stock Ownership PlanLedesma & Meyer Employee Sto…$670KElite Electrical Contractors Employee Stock Ownership Plan and TrustElite Electrical Contractors…$670KOnyx Point, Inc. Employee Stock Ownership PlanOnyx Point, Inc. Employee St…$668KEgger Steel Company Employee Stock Ownership PlanEgger Steel Company Employee…$672K
End-of-year total assets ($M) among Carolina Solar Services Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Carolina Solar Services multi-year asset trail

Sponsor-wide plan assets over time

All Carolina Solar Services plans reported in each filing year

Latest sponsor-wide plan assets
$669K 18.52741606873948% vs 2023
2024 filing year
$0.5M$0.55M$0.6M$0.65M$0.7M 20232024 $0.56M $0.67M ▲ +19.6%
Year Plans Participants Total Assets
2023 1 46 $564K
2024 1 40 $669K

Carolina Solar Services filing trail (2024)

Total Assets (Beginning of Year)$564K
Net Assets (End of Year)$88K
Net Income-$128K
Employer EIN472684655
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Carolina

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

Carolina Solar Services Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -500050010001500 -50050100150200 Total assets ($M) Participants Carolina Solar Services Employee Stock Ownership Plan, Total assets ($M): 0.669028 · Participants: 40Carolina Solar Services 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
Carolina Solar Services Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest ESOP by assets is Ledesma & Meyer Employee Stock Ownership Plan in CA ($670K); by covered participants it is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 participants). Same-state nearby plans are listed separately above.

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 Carolina Solar Services Employee Stock Ownership Plan assets move in 2024?
Carolina Solar Services Employee Stock Ownership Plan grew sharply - up 18.5% during 2024, from $564K to $669K. Reported net income was -$128K.
How have Carolina Solar Services plan assets changed over time?
Across 2 plan years on file (2023-2024), Carolina Solar Services's sponsor-wide assets grew 18.5%, from $564K to $669K.
Where does Carolina Solar Services Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Carolina Solar Services Employee Stock Ownership Plan ranks in the 20th 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 Carolina Solar Services Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ledesma & Meyer Employee Stock Ownership Plan in CA ($670K, 56 participants).
Which ESOP plans cover a similar participant headcount to Carolina Solar Services Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Spencer County Bank Employees' Stock Ownership Plan & Trust in IN (40 participants, $2M in assets).