ESOP · DOL Form 5500 · 2023

Sterling Staffing, Inc. ESOP

Data updated 2026-08-11

$18M
Total assets
213
Participants
70th
Percentile by assets
$83,358
Avg per participant
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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.

  • 70th percentile by assets (of 127,072 plans)
  • #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.

$18M
total plan assets (2023 EOY)
213
covered participants
70th
percentile by assets (of 127,072 plans)
$83,358
avg assets per participant

Where Sterling Staffing, Inc. Employee Stock Ownership Plan sits 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 $2,010,000,000 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

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 →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Sterling Staffing, Inc. Employee Stock Ownership Plan reports 213 participants - about 27% of that state average ($18M EOY assets).

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.)

$25M$30M$35M$40M 202220232024 $28.1M $34.8M ▲ +23.9%
Total plan assets by year, all Sterling Staffing, Inc. plans on file
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 ($B) Participants Sterling Staffing, I…, Total assets ($B): 0.017755179 · Participants: 213Sterling Staffing, I…Amsted Industries In…, Total assets ($B): 4.440263476 · Participants: 4738Amsted Industries In…Kehe Distributors, I…, Total assets ($B): 1.616096816 · Participants: 4251Kehe Distributors, I…Scot Forge Company E…, Total assets ($B): 1.195072662 · Participants: 486Scot Forge Company E…Bdo USA Employee Sto…, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Sto…Bdo USA Employee Sto…, Total assets ($B): 0.91547863 · Participants: 10168Bdo USA Employee Sto…
Sterling Staffing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Sterling Staffing, Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Sterling Staffing, Inc. Employee Stock O…

Filing takeaways

Ways to act on Sterling Staffing, Inc. Employee Stock Ownership Plan's numbers.