ESOP · DOL Form 5500 · 2023

Preston Spire, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
20
Participants Small participant base
29th
Percentile by assets National rank
$86,331
Avg per participant Below avg balance/head
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Official DOL plan name: Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan · Sponsored by Preston Spire, Inc. · Minnesota · Professional & Technical Services

$2M in assets, 20 participants

Preston Spire, Inc.'s Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan reported $2M in total assets and 20 participants in its 2023 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.

  • #4,961 in Professional & Technical Services (20,321 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 $2M / 20 participants.

#4,961
in Professional & Technical Services (20,321 peers)
+21.9%
assets growth YoY

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 2023 · DOL Form 5500

$1,726,620 29th percentile higher than 29% of 127,068 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 2023

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

Plan-year 2023 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 (20 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan reported net income rose from -$158K in the plan year 2022 filing to $311K in the plan year 2023 filing.
  • Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan reported participants fell from 24 in the plan year 2022 filing to 20 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410758021 · Preston Spire, Inc. PY 2023 · ESOP

Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan · $2M · 20 · 29th

  • EBSA $2M
  • EBSA 20
  • EBSA 29th
  • EBSA ESOP
  • EBSA near Bolinder Resources Holdings, Inc. Employee Stock Ownership Plan and Trust
  • EBSA ind #4961

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…$2MBolinder Resources Holdings, Inc. Employee Stock Ownership Plan and TrustBolinder Resources Holdings,…$2MSurplus City Liquidators Corp. Employee Stock Ownership PlanSurplus City Liquidators Cor…$2MSdr Transportation Holdings, Inc. Employee Stock Ownership PlanSdr Transportation Holdings,…$2MIea, Inc. Employee Stock Ownership PlanIea, Inc. Employee Stock Own…$2M
End-of-year total assets ($M) among Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$311K
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. -5000050001000015000 -20002004006008001000 Total assets ($M) Participants Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan, Total assets ($M): 1.72662 · Participants: 20Preston Spire, Inc. Profit Sharing & Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America 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 Bolinder Resources Holdings, Inc. Employee Stock Ownership Plan and Trust in UT ($2M); by covered participants it is Shawver Well Company Employee Stock Ownership Plan in IA (20 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (20 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Preston Spire, Inc. Profit Sharing & Employee Stock Ownership Plan grew sharply - up 21.9% during 2023, from $1M to $2M. Reported net income was $311K.
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 Bolinder Resources Holdings, Inc. Employee Stock Ownership Plan and Trust in UT ($2M, 59 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 Shawver Well Company Employee Stock Ownership Plan in IA (20 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.