ESOP · DOL Form 5500 · 2022

Preston Spire, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
24
Participants Small participant base
29th
Percentile by assets National rank
$59,004
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan · Sponsored by Preston Spire, Inc. · Minnesota · Professional & Technical Services

$1M in assets, 24 participants

Preston Spire, Inc.'s Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan reported $1M in total assets and 24 participants in its 2022 DOL Form 5500 filing, ranking in the 29th 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.

  • #5,446 in Professional & Technical Services (21,562 peers)

Preston Spire, Inc. multi-year trail

Preston Spire, Inc.'s plans moved +34.8% in assets from 2022 to 2024; this filing shows Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan at $1M / 24 participants.

#5,446
in Professional & Technical Services (21,562 peers)
-10.0%
assets change YoY

The plan reported a net loss of $158K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan among the smaller filed plans by assets

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan vs every filed plan by assets

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

$1,416,097 29th percentile higher than 29% 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

Preston Spire, Inc. Profit Sharing & 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. Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan is a small filing (24 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 410758021 · Preston Spire, Inc. PY 2022 · ESOP

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan · $1M · 24 · 29th

  • TYPE $1M
  • TYPE 24
  • TYPE 29th
  • TYPE ESOP
  • TYPE near Americo Bancshares, Inc. Employee Stock Ownership Plan
  • TYPE ind #5446

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 Minnesota →

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan in the asset neighbourhood

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership PlanPreston Spire, Inc. Profit S…$1MTechlaw Consultants, Inc. Employee Stock Ownership PlanTechlaw Consultants, Inc. Em…$1MAmerico Bancshares, Inc. Employee Stock Ownership PlanAmerico Bancshares, Inc. Emp…$1MStonetek Imports, Inc. Employee Stock Ownership Plan and TrustStonetek Imports, Inc. Emplo…$1MNde Technology, Inc. Employee Stock Ownership PlanNde Technology, Inc. Employe…$1M
End-of-year total assets ($M) among Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Preston Spire, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Preston Spire, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 34.79196693446847% vs 2022
2024 filing year
$1.2M$1.4M$1.6M$1.8M$2M 202220232024 $1.42M $1.91M ▲ +34.5%
Year Plans Participants Total Assets
2022 1 24 $1M
2023 1 20 $2M
2024 1 25 $2M

Preston Spire, Inc. filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$158K
Employer EIN410758021
Plan Effective Date1963-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 -2000200400600800 Total assets ($M) Participants Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan, Total assets ($M): 1.416097 · Participants: 24Preston Spire, Inc. Profit Sharing & Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan side-by-side with 3 peers →

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Americo Bancshares, Inc. Employee Stock Ownership Plan in TX ($1M); by covered participants it is Econocorp, Inc. Employee Stock Ownership Plan in MA (24 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (24 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 Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan assets move in 2022? ▼
Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan pulled back noticeably - down 10.0% during 2022, from $2M to $1M. Reported net income was -$158K.
How have Preston Spire, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Preston Spire, Inc.'s sponsor-wide assets grew 34.8%, from $1M to $2M.
Which ESOP plans are similar in size to Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Americo Bancshares, Inc. Employee Stock Ownership Plan in TX ($1M, 145 participants).
Which ESOP plans cover a similar participant headcount to Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Econocorp, Inc. Employee Stock Ownership Plan in MA (24 participants, $279K 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 410758021.

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.