ESOP · DOL Form 5500 · 2023

Sterling Staffing, Inc. ESOP

Data updated 2026-08-25

$18M
Total assets Small plan by assets
213
Participants Below avg headcount
70th
Percentile by assets National rank
$83,358
Avg per participant Below avg balance/head
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Official DOL plan name: Sterling Staffing, Inc. Employee Stock Ownership Plan · Sponsored by Sterling Staffing, Inc. · Illinois · Professional & Technical Services

$18M in assets, 213 participants

Sterling Staffing, Inc.'s Sterling Staffing, Inc. Employee Stock Ownership Plan reported $18M in total assets and 213 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #14,201 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Sterling Staffing, Inc. Employee Stock Ownership Plan covers 213 participants in Illinois, about 27% of the average Illinois filer (state average ~779 per filing). Assets: $18M.

#14,201
in Professional & Technical Services (20,321 peers)
+17.0%
assets growth YoY

Sterling Staffing, Inc. Employee Stock Ownership Plan's outsized position by total assets

Sterling Staffing, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$17,755,179 Top 30% higher than 70% 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

Sterling Staffing, Inc. 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. Sterling Staffing, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (213 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sterling Staffing, Inc. Employee Stock Ownership Plan reported net income rose from $1M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sterling Staffing, Inc. Employee Stock Ownership Plan end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362708254 · Sterling Staffing, Inc. PY 2023 · ESOP

Sterling Staffing, Inc. Employee Stock Ownership Plan · $18M · 213 · 70th

  • EBSA $18M
  • EBSA 213
  • EBSA 70th
  • EBSA ESOP
  • EBSA near Standard Air & Lite Employee Stock Ownership Plan
  • EBSA ind #14201

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 Illinois →

Sterling Staffing, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Cambridge Bancorp Employee Stock Ownership PlanCambridge Bancorp Employee S…$18MSterling Staffing, Inc. Employee Stock Ownership PlanSterling Staffing, Inc. Empl…$18MStandard Air & Lite Employee Stock Ownership PlanStandard Air & Lite Employee…$18MLoftness Specialized Farm Equipment, Inc. Employee Stock Ownership Plan and TrustLoftness Specialized Farm Eq…$18MRecon Environmental Employee Stock Ownership PlanRecon Environmental Employee…$18M
End-of-year total assets ($M) among Sterling Staffing, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN362708254
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sterling Staffing, Inc.)

Sponsor-wide plan assets over time

All Sterling Staffing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 23.905478773845783% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.1M $34.8M ▲ +23.9%
Year Plans Participants Total Assets
2022 2 675 $28M
2023 2 653 $34M
2024 2 641 $35M

Nearby ESOP Plans in Illinois

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

Sterling Staffing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Sterling Staffing, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.017755179 · Participants: 213Sterling Staffing, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Stock Ownership Plan
Sterling Staffing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Sterling Staffing, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is Standard Air & Lite Employee Stock Ownership Plan in PA ($18M); by covered participants it is Health Management Associates, Inc. Employee Stock Ownership Plan in MI (213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (213 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 Sterling Staffing, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Sterling Staffing, Inc. Employee Stock Ownership Plan grew sharply - up 17.0% during 2023, from $15M to $18M. Reported net income was $3M.
How have Sterling Staffing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sterling Staffing, Inc.'s sponsor-wide assets grew 23.9%, from $28M to $35M.
Which ESOP plans are similar in size to Sterling Staffing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Standard Air & Lite Employee Stock Ownership Plan in PA ($18M, 57 participants).
Which ESOP plans cover a similar participant headcount to Sterling Staffing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Health Management Associates, Inc. Employee Stock Ownership Plan in MI (213 participants, N/A 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 362708254.

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.