ESOP · DOL Form 5500 · 2022

Viking Drill & Tool, Inc. ESOP

Data updated 2026-08-11

$52M
Total assets
258
Participants
88th
Percentile by assets
$201,834
Avg per participant
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Official DOL plan name: Viking Drill & Tool, Inc. Employee Stock Ownership Plan · Sponsored by Viking Drill & Tool, Inc. · Minnesota · Manufacturing

$52M in assets, 258 participants

Viking Drill & Tool, Inc.'s Viking Drill & Tool, Inc. Employee Stock Ownership Plan reported $52M in total assets and 258 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #17,044 in Manufacturing (20,602 peers)

Coverage in Minnesota

Viking Drill & Tool, Inc. Employee Stock Ownership Plan covers 258 participants in Minnesota, about 23% of the average Minnesota filer (state average ~1,126 per filing). Assets: $52M.

$52M
total plan assets (2022 EOY)
258
covered participants
88th
percentile by assets (of 139,126 plans)
$201,834
avg assets per participant
State
Industry

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Viking Drill & Tool, Inc. Employee Stock Ownership Plan reports 258 participants - about 23% of that state average ($52M EOY assets).

Minnesota filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$52M
Net Income$2M
Employer EIN362702410
Plan Effective Date1998-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Viking Drill & Tool, Inc.)

$50M$60M$70M$80M 202220232024 $60.2M $74.7M ▲ +24.1%
Total plan assets by year, all Viking Drill & Tool, Inc. plans on file
Year Plans Participants Total Assets
2022 2 458 $60M
2023 2 467 $55M
2024 2 536 $75M

Nearby ESOP Plans in Minnesota

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

Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 0200400600800 Total assets ($M) Participants Viking Drill & Tool,…Andersen Corporation…Hormel Foods Corpora…Kingdom Enterprises,…Force America Inc. E…Polaris Inc. Employe…
Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Viking Drill & Tool, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Viking Drill & Tool, Inc. Employee Stock Ownership Plan assets move in 2022?
Viking Drill & Tool, Inc. Employee Stock Ownership Plan edged up modestly - up 4.0% during 2022, from $50M to $52M. Reported net income was $2M.
How have Viking Drill & Tool, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Viking Drill & Tool, Inc.'s sponsor-wide assets grew 24.1%, from $60M to $75M.
Where does Viking Drill & Tool, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Viking Drill & Tool, Inc. Employee Stock Ownership Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Viking Drill & Tool, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Digital Dynamics, Inc. Employee Stock Ownership Plan in CA ($52M, 65 participants).

Next read for Viking Drill & Tool, Inc. Employee Stock…

Filing takeaways

Ways to act on Viking Drill & Tool, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Viking Drill & Tool, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Viking Drill & Tool, Inc.'s sponsor-wide assets have grown 24.1% since 2022 across 3 plan years on file. More Manufacturing plans