ESOP · DOL Form 5500 · 2023
Point B, Inc. ESOP
Data updated 2026-08-11
- $63M
- Total assets
- 840
- Participants
- 88th
- Percentile by assets
- $74,611
- Avg per participant
Official DOL plan name: Point B, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Point B, Inc. · Washington · Professional & Technical Services
$63M in assets, 840 participants
Point B, Inc.'s Point B, Inc. Employee Stock Ownership Plan and Trust reported $63M in total assets and 840 participants in its 2023 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 127,072 plans)
- #18,070 in Professional & Technical Services (20,321 peers)
Where Point B, Inc. Employee Stock Ownership Plan and Trust sits by assets
Point B, Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $63M for 840 participants (~$74,611/participant), down 56.1% in 2023.
- $63M
- total plan assets (2023 EOY)
- 840
- covered participants
- 88th
- percentile by assets (of 127,072 plans)
- $74,611
- avg assets per participant
The plan reported a net loss of $80M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Point B, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $143M in the plan year 2022 filing to $63M in the plan year 2023 filing.
- Point B, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$119M in the plan year 2022 filing to -$80M in the plan year 2023 filing.
- Point B, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 768 in the plan year 2022 filing to 840 in the plan year 2023 filing.
Point B, Inc. Employee Stock Ownership Plan and Trust vs the 2023 asset distribution
By assets, Point B, Inc. Employee Stock Ownership Plan and Trust outranks 88% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $143M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | -$80M |
| Employer EIN | 263473011 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Point B, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,558 | $271M |
| 2023 | 2 | 1,807 | $212M |
| 2024 | 2 | 1,315 | $185M |
Nearby ESOP Plans in Washington
Peer ESOP plans, same state, same plan type, ranked by total assets.
Point B, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Washington, assets vs. participants
- Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan $3.0B · 3,694
- Triple B Corporation Employee Stock Ownership Plan $278M · 1,123
- Manson Construction Co. Non-Craft Employee Stock Ownership Plan $183M · 310
- Parametrix, Inc. Employee Stock Ownership Plan $140M · 570
- The Plexsys Interface Products, Inc. Employee Stock Ownership Plan $114M · 183
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Point B, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.
Frequently Asked Questions
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Ways to act on Point B, Inc. Employee Stock Ownership Plan and Trust's numbers.
- By total assets, Point B, Inc. Employee Stock Ownership Plan and Trust 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 Washington. Compare plans
- Point B, Inc.'s sponsor-wide assets have declined 31.8% since 2022 across 3 plan years on file. More Professional & Technical Services plans