ESOP · DOL Form 5500 · 2024

College Loan Corporation ESOP

Data updated 2026-08-11

$165M
Total assets
41
Participants
93rd
Percentile by assets
$4.0M
Avg per participant
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Official DOL plan name: Clc Employee Stock Ownership Plan · Sponsored by College Loan Corporation · Nevada · Finance & Insurance

$165M in assets, 41 participants

College Loan Corporation's Clc Employee Stock Ownership Plan reported $165M in total assets and 41 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #7,657 in Finance & Insurance (8,549 peers)

Where Clc Employee Stock Ownership Plan sits by assets

Clc Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $165M for 41 participants (~$4.0M/participant), down 15.5% in 2024.

$165M
total plan assets (2024 EOY)
41
covered participants
93rd
percentile by assets (of 123,622 plans)
$4.0M
avg assets per participant

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Clc Employee Stock Ownership Plan sits by total assets

Clc Employee Stock Ownership Plan vs every filed plan by assets

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

$165,030,120 Top 7% higher than 93% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Clc Employee Stock Ownership Plan reported net income rose from -$36M in the plan year 2023 filing to -$29M in the plan year 2024 filing.
  • Clc Employee Stock Ownership Plan end-of-year assets fell from $195M in the plan year 2023 filing to $165M in the plan year 2024 filing.
  • Clc Employee Stock Ownership Plan reported participants fell from 42 in the plan year 2023 filing to 41 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Clc Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Clc Employee Stock Ownership Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$195M
Net Assets (End of Year)$160M
Net Income-$29M
Employer EIN330873915
Plan Effective Date2006-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (College Loan Corporation)

$160M$180M$200M$220M$240M$260M 202220232024 $240M $175M ▼ -27.1%
Total plan assets by year, all College Loan Corporation plans on file
Year Plans Participants Total Assets
2022 2 103 $240M
2023 2 93 $205M
2024 2 85 $175M

Nearby ESOP Plans in Nevada

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

Clc Employee Stock Ownership Plan vs. nearby ESOP plans in Nevada, assets vs. participants

Clc Employee Stock Ownership Plan vs. nearby ESOP plans in Nevada, assets vs. participants Scatter plot of 6 data points. -500050010001500 050100150200 Total assets ($M) Participants Clc Employee Stock O…Rancho Mesquite Casi…Employee Stock Owner…Adams and Associates…Gcw Holdings, Inc. E…Cooper Roofing & Sol…
Clc Employee Stock Ownership Plan vs. nearby ESOP plans in Nevada, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Clc Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Clc Employee Stock Ownership Plan assets move in 2024?
Clc Employee Stock Ownership Plan declined sharply - down 15.5% during 2024, from $195M to $165M. Reported net income was -$29M.
How have College Loan Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), College Loan Corporation's sponsor-wide assets declined 27.1%, from $240M to $175M.
Where does Clc Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Clc Employee Stock Ownership Plan ranks in the 93rd percentile by end-of-year assets among 123,622 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 Clc Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Joy Cone Co. Employee Stock Ownership Plan in PA ($165M, 1,163 participants).

Next read for Clc Employee Stock Ownership Plan

Scale reading

Ways to act on Clc Employee Stock Ownership Plan's numbers.