ESOP · DOL Form 5500 · 2022

Network Center, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
82
Participants Small participant base
59th
Percentile by assets National rank
$90,668
Avg per participant Below avg balance/head
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Official DOL plan name: Network Center, Inc. Employee Stock Ownership Plan · Sponsored by Network Center, Inc. · North Dakota · Professional & Technical Services

$7M in assets, 82 participants

Network Center, Inc.'s Network Center, Inc. Employee Stock Ownership Plan reported $7M in total assets and 82 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.

  • #12,271 in Professional & Technical Services (21,562 peers)

Network Center, Inc. multi-year trail

Network Center, Inc.'s plans moved +65.4% in assets from 2022 to 2024; this filing shows Network Center, Inc. Employee Stock Ownership Plan at $7M / 82 participants.

#12,271
in Professional & Technical Services (21,562 peers)
-10.7%
assets change YoY

The plan reported a net loss of $876K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Network Center, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Network Center, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$7,434,812 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

Network Center, 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. Network Center, Inc. Employee Stock Ownership Plan is a small filing (82 participants) on this national headcount ladder.

Published 5500 schedule card

Filing strip 450408963 · Network Center, Inc. PY 2022 · ESOP

Network Center, Inc. Employee Stock Ownership Plan · $7M · 82 · 59th

  • EOY $7M
  • EOY 82
  • EOY 59th
  • EOY ESOP
  • EOY near Hughes-Anderson Employee Stock Ownership Plan
  • EOY ind #12271

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 North Dakota →

Network Center, Inc. Employee Stock Ownership Plan in the asset neighbourhood

The Coaches Training Institute Employee Stock OwnershipThe Coaches Training Institu…$7MTurn-Key Tunneling, Inc. Employee Stock Ownership PlanTurn-Key Tunneling, Inc. Emp…$7MHelix Environmental Planning, Inc. Employee Stock Ownership PlanHelix Environmental Planning…$7MNetwork Center, Inc. Employee Stock Ownership PlanNetwork Center, Inc. Employe…$7MHughes-Anderson Employee Stock Ownership PlanHughes-Anderson Employee Sto…$7M
End-of-year total assets ($M) among Network Center, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Network Center, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Network Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 65.35052937451546% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.43M $12.3M ▲ +65.4%
Year Plans Participants Total Assets
2022 1 82 $7M
2023 1 55 $9M
2024 1 57 $12M

Network Center, Inc. filing trail (2022)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$876K
Employer EIN450408963
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Network Center, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.5 Total assets ($B) Participants Network Center, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.007434812 · Participants: 82Network Center, Inc. Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.106185018 · Participants: 2781Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.761655102 · Participants: 3187Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.234297255 · Participants: 616Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership Plan
Network Center, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Network Center, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Dakota, the nearest ESOP by assets is Hughes-Anderson Employee Stock Ownership Plan in OK ($7M); by covered participants it is Cox & Company, Inc. Stock Bonus Plan and Employee Stock Ownership Plan in NY (82 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (82 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 Network Center, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Network Center, Inc. Employee Stock Ownership Plan pulled back noticeably - down 10.7% during 2022, from $8M to $7M. Reported net income was -$876K.
How have Network Center, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Network Center, Inc.'s sponsor-wide assets grew 65.4%, from $7M to $12M.
Which ESOP plans are similar in size to Network Center, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Hughes-Anderson Employee Stock Ownership Plan in OK ($7M, 78 participants).
Which ESOP plans cover a similar participant headcount to Network Center, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Cox & Company, Inc. Stock Bonus Plan and Employee Stock Ownership Plan in NY (82 participants, N/A 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 450408963.

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.