ESOP · DOL Form 5500 · 2023

Tier1 Impact Pbc, Inc. ESOP

Data updated 2026-08-25

$53M
Total assets Below avg plan size
314
Participants Below avg headcount
86th
Percentile by assets National rank
$169,176
Avg per participant Above avg balance/head
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Official DOL plan name: Tier 1 Performance Solutions Employee Stock Ownership Plan · Sponsored by Tier1 Impact Pbc, Inc. · Kentucky · Professional & Technical Services

$53M in assets, 314 participants

Tier1 Impact Pbc, Inc.'s Tier 1 Performance Solutions Employee Stock Ownership Plan reported $53M in total assets and 314 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,712 in Professional & Technical Services (20,321 peers)

Coverage in Kentucky

Tier 1 Performance Solutions Employee Stock Ownership Plan covers 314 participants in Kentucky, about 49% of the average Kentucky filer (state average ~647 per filing). Assets: $53M.

#17,712
in Professional & Technical Services (20,321 peers)
+5.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Tier 1 Performance Solutions Employee Stock Ownership Plan's outsized position by total assets

Tier 1 Performance Solutions Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$53,121,178 Top 14% higher than 86% 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

Tier 1 Performance Solutions Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tier 1 Performance Solutions Employee Stock Ownership Plan sits mid-pack in the medium band (314 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tier 1 Performance Solutions Employee Stock Ownership Plan reported net income fell from $16M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Tier 1 Performance Solutions Employee Stock Ownership Plan reported participants rose from 274 in the plan year 2022 filing to 314 in the plan year 2023 filing.
  • Tier 1 Performance Solutions Employee Stock Ownership Plan end-of-year assets rose from $50M in the plan year 2022 filing to $53M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 810917710 · Tier1 Impact Pbc, Inc. PY 2023 · ESOP

Tier 1 Performance Solutions Employee Stock Ownership Plan · $53M · 314 · 86th

  • RANK $53M
  • RANK 314
  • RANK 86th
  • RANK ESOP
  • RANK near Sun Automation Inc. Employee Stock Ownership Plan
  • RANK ind #17712

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 →

Tier 1 Performance Solutions Employee Stock Ownership Plan in the asset neighbourhood

Consolidated Edison Company of New York, Inc. Tax Reduction Act Stock Ownership PlanConsolidated Edison Company …$53MThe J.S. West Milling Company Employee Stock Ownership PlanThe J.S. West Milling Compan…$53MTier 1 Performance Solutions Employee Stock Ownership PlanTier 1 Performance Solutions…$53MSun Automation Inc. Employee Stock Ownership PlanSun Automation Inc. Employee…$53MCotterman Companies Employee Stock Ownership PlanCotterman Companies Employee…$53M
End-of-year total assets ($M) among Tier 1 Performance Solutions Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$46M
Net Income$3M
Employer EIN810917710
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tier1 Impact Pbc, Inc.)

Sponsor-wide plan assets over time

All Tier1 Impact Pbc, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$46M 7.73943455302245% vs 2022
2024 filing year
$45M$50M$55M 202220232024 $50.2M $46.3M ▼ -7.7%
Year Plans Participants Total Assets
2022 1 274 $50M
2023 1 314 $53M
2024 1 335 $46M

Nearby ESOP Plans in Kentucky

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

Tier 1 Performance Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.522.5 Total assets ($B) Participants Tier 1 Performance Solutions Employee Stock Ownership Plan, Total assets ($B): 0.053121178 · Participants: 314Tier 1 Performance Solutions Employee Stock Ownership PlanHouchens Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.325722921 · Participants: 6764Houchens Industries, Inc. Employee Stock Ownership PlanStock Yards Bank & Trust Company 401(k) Employee, Total assets ($B): 0.14680249 · Participants: 1080Stock Yards Bank & Trust Company 401(k) EmployeeGray, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.126524729 · Participants: 1362Gray, Inc. Employee Stock Ownership PlanH & R Agri-Power Employee Stock Ownership Plan, Total assets ($B): 0.104682343 · Participants: 489H & R Agri-Power Employee Stock Ownership PlanKentuckiana Comfort Center, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.094072192 · Participants: 650Kentuckiana Comfort Center, Inc. Employee Stock Ownership Plan
Tier 1 Performance Solutions Employee Stock Ownership Plan vs. nearby ESOP plans in Kentucky, assets vs. participants

Tier 1 Performance Solutions Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Kentucky, the nearest ESOP by assets is Sun Automation Inc. Employee Stock Ownership Plan in MD ($53M); by covered participants it is Crystal Flash, Inc. Employee Stock Ownership Plan in MI (315 participants). Same-state nearby plans are listed separately above.

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 Tier 1 Performance Solutions Employee Stock Ownership Plan assets move in 2023?
Tier 1 Performance Solutions Employee Stock Ownership Plan grew at a solid clip - up 5.8% during 2023, from $50M to $53M. Reported net income was $3M.
How have Tier1 Impact Pbc, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Tier1 Impact Pbc, Inc.'s sponsor-wide assets declined 7.7%, from $50M to $46M.
Where does Tier 1 Performance Solutions Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Tier 1 Performance Solutions Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Tier 1 Performance Solutions Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Sun Automation Inc. Employee Stock Ownership Plan in MD ($53M, 107 participants).
Which ESOP plans cover a similar participant headcount to Tier 1 Performance Solutions Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Crystal Flash, Inc. Employee Stock Ownership Plan in MI (315 participants, $63M in assets).