ESOP · DOL Form 5500 · 2022

Professional Fabricating & Manufacturing ESOP

Data updated 2026-08-25

$906K
Total assets Small plan by assets
47
Participants Small participant base
24th
Percentile by assets National rank
$19,277
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Professional Fabricating Inc. Employee Stock Ownership Plan · Sponsored by Professional Fabricating & Manufacturing · Michigan · Manufacturing

$906K in assets, 47 participants

Professional Fabricating & Manufacturing's Professional Fabricating Inc. Employee Stock Ownership Plan reported $906K in total assets and 47 participants in its 2022 DOL Form 5500 filing, ranking in the 24th 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.

  • #2,207 in Manufacturing (20,602 peers)

Professional Fabricating & Manufacturing multi-year trail

Professional Fabricating & Manufacturing's plans moved -61.3% in assets from 2022 to 2024; this filing shows Professional Fabricating Inc. Employee Stock Ownership Plan at $906K / 47 participants.

#2,207
in Manufacturing (20,602 peers)
-23.1%
assets change YoY

The plan reported a net loss of $50K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Professional Fabricating Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Professional Fabricating Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$906,000 24th percentile higher than 24% of 139,123 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 2022

Professional Fabricating Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Professional Fabricating Inc. Employee Stock Ownership Plan is a small filing (47 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 383075559 · Professional Fabricating & Manufacturing PY 2022 · ESOP

Professional Fabricating Inc. Employee Stock Ownership Plan · $906K · 47 · 24th

  • EOY $906K
  • EOY 47
  • EOY 24th
  • EOY ESOP
  • EOY near Everge Interests, Inc. Employee Stock Ownership Plan
  • EOY ind #2207

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 Michigan →

Professional Fabricating Inc. Employee Stock Ownership Plan in the asset neighbourhood

Professional Fabricating Inc. Employee Stock Ownership PlanProfessional Fabricating Inc…$906KEverge Interests, Inc. Employee Stock Ownership PlanEverge Interests, Inc. Emplo…$906KBassett's Employees Profit Sharing and Stock Ownership PlanBassett's Employees Profit S…$906KCore Products Employee Stock Ownership PlanCore Products Employee Stock…$909KOnyx Point, Inc. Employee Stock Ownership PlanOnyx Point, Inc. Employee St…$903K
End-of-year total assets ($M) among Professional Fabricating Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Professional Fabricating & Manufacturing multi-year asset trail

Sponsor-wide plan assets over time

All Professional Fabricating & Manufacturing plans reported in each filing year

Latest sponsor-wide plan assets
$351K 61.258278145695364% vs 2022
2024 filing year
$0.2M$0.4M$0.6M$0.8M$1M 202220232024 $0.91M $0.35M ▼ -61.5%
Year Plans Participants Total Assets
2022 1 47 $906K
2023 1 46 $629K
2024 1 65 $351K

Professional Fabricating & Manufacturing filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)-$547K
Net Income-$50K
Employer EIN383075559
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Professional Fabricating Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Professional Fabricating Inc. Employee Stock Ownership Plan, Total assets ($B): 0.000906 · Participants: 47Professional Fabricating Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Professional Fabricating Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Professional Fabricating Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Professional Fabricating Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Everge Interests, Inc. Employee Stock Ownership Plan in TX ($906K); by covered participants it is Turn-Key Tunneling, Inc. Employee Stock Ownership Plan in OH (47 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (47 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Professional Fabricating Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Professional Fabricating Inc. Employee Stock Ownership Plan declined sharply - down 23.1% during 2022, from $1M to $906K. Reported net income was -$50K.
How have Professional Fabricating & Manufacturing plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Professional Fabricating & Manufacturing's sponsor-wide assets declined 61.3%, from $906K to $351K.
Where does Professional Fabricating Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Professional Fabricating Inc. Employee Stock Ownership Plan ranks in the 24th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Professional Fabricating Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Everge Interests, Inc. Employee Stock Ownership Plan in TX ($906K, 43 participants).
Which ESOP plans cover a similar participant headcount to Professional Fabricating Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Turn-Key Tunneling, Inc. Employee Stock Ownership Plan in OH (47 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 383075559.

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.