ESOP · DOL Form 5500 · 2022

Palmer Engineering Company ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
84
Participants Small participant base
59th
Percentile by assets National rank
$87,852
Avg per participant Below avg balance/head
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Official DOL plan name: Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement · Sponsored by Palmer Engineering Company · Kentucky · Professional & Technical Services

$7M in assets, 84 participants

Palmer Engineering Company's Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement reported $7M in total assets and 84 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #12,231 in Professional & Technical Services (21,562 peers)

Palmer Engineering Company multi-year trail

Palmer Engineering Company's plans moved +44.9% in assets from 2022 to 2024; this filing shows Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement at $7M / 84 participants.

#12,231
in Professional & Technical Services (21,562 peers)
+19.8%
assets growth YoY

Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement's mid-pack asset rank among Professional & Technical Services and all filers

Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement vs every filed plan by assets

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

$7,379,592 Top 41% higher than 59% 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

Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement is a small filing (84 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 610679012 · Palmer Engineering Company PY 2022 · ESOP

Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement · $7M · 84 · 59th

  • TYPE $7M
  • NET 84
  • BOOK 59th
  • VS-ST ESOP
  • BOY near The Myers-Briggs Company Employee Stock Ownership Plan and Trust
  • SCH ind #12231

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 Kentucky →

Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement in the asset neighbourhood

United Asset Strategies, Inc. Employee Stock Ownership PlanUnited Asset Strategies, Inc…$7MPalmer Engineering, Co. Employee Stock Ownership Plan & Trust AgreementPalmer Engineering, Co. Empl…$7MThe Myers-Briggs Company Employee Stock Ownership Plan and TrustThe Myers-Briggs Company Emp…$7MJeans Warehouse,Inc. Employee Stock Ownership PlanJeans Warehouse,Inc. Employe…$7MSomerset Trust Company Employee Stock Ownership PlanSomerset Trust Company Emplo…$7M
End-of-year total assets ($M) among Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Palmer Engineering Company multi-year asset trail

Sponsor-wide plan assets over time

All Palmer Engineering Company plans reported in each filing year

Latest sponsor-wide plan assets
$11M 44.94715968037257% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $7.38M $10.7M ▲ +45.0%
Year Plans Participants Total Assets
2022 1 84 $7M
2023 1 89 $9M
2024 1 89 $11M

Palmer Engineering Company filing trail (2022)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN610679012
Plan Effective Date1998-03-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Kentucky

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

Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.522.5 Total assets ($B) Participants Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement, Total assets ($B): 0.007379592 · Participants: 84Palmer Engineering, Co. Employee Stock Ownership Plan & Trust AgreementHouchens Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.064849894 · Participants: 6338Houchens Industries, Inc. Employee Stock Ownership PlanStock Yards Bank & Trust Company 401(k) Employee, Total assets ($B): 0.13966969 · Participants: 682Stock Yards Bank & Trust Company 401(k) EmployeeGray, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.113190046 · Participants: 1269Gray, Inc. Employee Stock Ownership PlanInterstate Personnel Services, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.108901392 · Participants: 831Interstate Personnel Services, Inc. Employee Stock Ownership PlanH & R Agri-Power Employee Stock Ownership Plan, Total assets ($B): 0.082494483 · Participants: 444H & R Agri-Power Employee Stock Ownership Plan
Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement vs. nearby ESOP plans in Kentucky, assets vs. participants
Compare Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement side-by-side with 3 peers →

Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement's out-of-state ESOP peers by assets and headcount

Outside Kentucky, the nearest ESOP by assets is The Myers-Briggs Company Employee Stock Ownership Plan and Trust in CA ($7M); by covered participants it is Floturn, Inc Employee Stock Ownership Plan in OH (84 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (84 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 Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement assets move in 2022? ▼
Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement grew sharply - up 19.8% during 2022, from $6M to $7M. Reported net income was $1M.
How have Palmer Engineering Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Palmer Engineering Company's sponsor-wide assets grew 44.9%, from $7M to $11M.
Which ESOP plans are similar in size to Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement? ▼
Among ESOP plans in other states, the closest by assets is The Myers-Briggs Company Employee Stock Ownership Plan and Trust in CA ($7M, 99 participants).
Which ESOP plans cover a similar participant headcount to Palmer Engineering, Co. Employee Stock Ownership Plan & Trust Agreement? ▼
Among ESOP plans in other states, the closest by covered participants is Floturn, Inc Employee Stock Ownership Plan in OH (84 participants, $10M 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 610679012.

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.