ESOP · DOL Form 5500 · 2024

Norwalk Furniture, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
230
Participants Below avg headcount
31st
Percentile by assets National rank
$10,087
Avg per participant Low balance/head
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Official DOL plan name: Norwalk Furniture, Inc. Employee Stock Ownership Plan · Sponsored by Norwalk Furniture, Inc. · Ohio · Wholesale Trade

$2M in assets, 230 participants

Norwalk Furniture, Inc.'s Norwalk Furniture, Inc. Employee Stock Ownership Plan reported $2M in total assets and 230 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,235 in Wholesale Trade (6,080 peers)

Coverage in Ohio

Norwalk Furniture, Inc. Employee Stock Ownership Plan covers 230 participants in Ohio, about 30% of the average Ohio filer (state average ~765 per filing). Assets: $2M.

#1,235
in Wholesale Trade (6,080 peers)
-19.7%
assets change YoY

The plan reported a net loss of $823K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Norwalk Furniture, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Norwalk Furniture, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,320,053 31st percentile higher than 31% 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

Norwalk Furniture, Inc. 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. Norwalk Furniture, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (230 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Norwalk Furniture, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$823K in the plan year 2024 filing.
  • Norwalk Furniture, Inc. Employee Stock Ownership Plan end-of-year assets fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Norwalk Furniture, Inc. Employee Stock Ownership Plan reported participants fell from 241 in the plan year 2023 filing to 230 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 263402928 · Norwalk Furniture, Inc. PY 2024 · ESOP

Norwalk Furniture, Inc. Employee Stock Ownership Plan · $2M · 230 · 31st

  • EBSA $2M
  • PART 230
  • TYPE 31st
  • NET ESOP
  • BOOK near Els, Inc. Employee Stock Ownership Plan
  • VS-ST ind #1235

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 Ohio →

Norwalk Furniture, Inc. Employee Stock Ownership Plan in the asset neighbourhood

M & K Retirement Savings Plan$2MNorwalk Furniture, Inc. Employee Stock Ownership PlanNorwalk Furniture, Inc. Empl…$2MEls, Inc. Employee Stock Ownership PlanEls, Inc. Employee Stock Own…$2MSouthwestern Virginia Energy Industries, Ltd ESOPSouthwestern Virginia Energy…$2MTotal Maintenance Solutions South, Inc. Employee Stock Ownership PlanTotal Maintenance Solutions …$2M
End-of-year total assets ($M) among Norwalk Furniture, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)-$11M
Net Income-$823K
Employer EIN263402928
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Norwalk Furniture, Inc.)

Sponsor-wide plan assets over time

All Norwalk Furniture, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 25.53924696632332% vs 2022
2024 filing year
$5M$6M$7M$8M 202220232024 $5.3M $6.66M ▲ +25.7%
Year Plans Participants Total Assets
2022 2 500 $5M
2023 2 514 $7M
2024 2 473 $7M

Nearby ESOP Plans in Ohio

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

Norwalk Furniture, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -50510152025 Total assets ($B) Participants Norwalk Furniture, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002320053 · Participants: 230Norwalk Furniture, Inc. Employee Stock Ownership PlanProcter & Gamble Profit Sharing Trust & Employee Stock Ownership Plan, Total assets ($B): 21.965382968 · Participants: 33639Procter & Gamble Profit Sharing Trust & Employee Stock Ownership PlanThe Garland Industries, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 2.007916491 · Participants: 1118The Garland Industries, Inc. Employee Stock Ownership Plan & TrustMesser Inc. Employee Stock Ownership Plan, Total assets ($B): 0.695889558 · Participants: 903Messer Inc. Employee Stock Ownership PlanGreat Lakes Cheese Co., Inc. Employee Stock Ownership Plan, Total assets ($B): 0.501664561 · Participants: 4264Great Lakes Cheese Co., Inc. Employee Stock Ownership PlanCleveland Steel Container Corporation Employee Stock Ownership Plan, Total assets ($B): 0.485460635 · Participants: 415Cleveland Steel Container Corporation Employee Stock Ownership Plan
Norwalk Furniture, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Ohio, assets vs. participants
Compare Norwalk Furniture, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Norwalk Furniture, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Ohio, the nearest ESOP by assets is Els, Inc. Employee Stock Ownership Plan in VA ($2M); by covered participants it is Mission Bell Mfg, Inc. Employee Stock Ownership Plan in CA (230 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (230 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 Norwalk Furniture, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Norwalk Furniture, Inc. Employee Stock Ownership Plan declined sharply - down 19.7% during 2024, from $3M to $2M. Reported net income was -$823K.
How have Norwalk Furniture, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Norwalk Furniture, Inc.'s sponsor-wide assets grew 25.5%, from $5M to $7M.
Which ESOP plans are similar in size to Norwalk Furniture, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Els, Inc. Employee Stock Ownership Plan in VA ($2M, 46 participants).
Which ESOP plans cover a similar participant headcount to Norwalk Furniture, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mission Bell Mfg, Inc. Employee Stock Ownership Plan in CA (230 participants, $329K 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 263402928.

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.