ESOP · DOL Form 5500 · 2023
Preference Employment Solutions, Inc. ESOP
Data updated 2026-08-25
- $4M
- Total assets Small plan by assets
- 38
- Participants Small participant base
- 42nd
- Percentile by assets National rank
- $115,209
- Avg per participant Below avg balance/head
Official DOL plan name: Preference Employment Solutions, Inc. Employee Stock Ownership Plan · Sponsored by Preference Employment Solutions, Inc. · North Dakota · Administrative & Support Services
$4M in assets, 38 participants
Preference Employment Solutions, Inc.'s Preference Employment Solutions, Inc. Employee Stock Ownership Plan reported $4M in total assets and 38 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.
- #2,826 in Administrative & Support Services (4,372 peers)
Administrative & Support Services sector rank
Within Administrative & Support Services, Preference Employment Solutions, Inc. Employee Stock Ownership Plan ranks #2,826 of 4,372 2023 filers by assets (659% of the sector average)-$4M for 38 participants.
- #2,826
- in Administrative & Support Services (4,372 peers)
- -7.3%
- assets change YoY
The plan reported a net loss of $289K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Preference Employment Solutions, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Administrative & Support Services and all filers
Preference Employment Solutions, Inc. Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$4,377,942 42nd percentile higher than 42% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Preference Employment Solutions, Inc. 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. Preference Employment Solutions, Inc. Employee Stock Ownership Plan is a small filing (38 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Preference Employment Solutions, Inc. Employee Stock Ownership Plan reported net income fell from $371K in the plan year 2022 filing to -$289K in the plan year 2023 filing.
- Preference Employment Solutions, Inc. Employee Stock Ownership Plan end-of-year assets fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Preference Employment Solutions, Inc. Employee Stock Ownership Plan reported participants rose from 36 in the plan year 2022 filing to 38 in the plan year 2023 filing.
DOL schedule card
Filing strip 450404311 · Preference Employment Solutions, Inc. PY 2023 · ESOP
Preference Employment Solutions, Inc. Employee Stock Ownership Plan · $4M · 38 · 42nd
- EOY $4M
- EOY 38
- EOY 42nd
- EOY ESOP
- EOY near Ambiance Lighting, Inc. Employee Stock Ownership Plan
- EOY ind #2826
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 North Dakota →
Preference Employment Solutions, Inc. Employee Stock Ownership Plan in the asset neighbourhood
Administrative & Support Services filing particulars
| Total Assets (Beginning of Year) | $5M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$289K |
| Employer EIN | 450404311 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Preference Employment Solutions, Inc.)
Sponsor-wide plan assets over time
All Preference Employment Solutions, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $5M 0.7214236398039364% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 36 | $5M |
| 2023 | 1 | 38 | $4M |
| 2024 | 1 | 31 | $5M |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Border States Industries, Inc. Employee Stock Ownership Plan $1.2B · 2,973
- Scheels Employee Stock Ownership Plan $838M · 4,597
- Dakota Supply Group, Inc. Employee Stock Ownership Plan $230M · 767
- Ulteig, Inc. Employee Stock Ownership Plan $159M · 901
- Frontier Precision, Inc Employee Stock Ownership Plan $87M · 90
Preference Employment Solutions, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount
Outside North Dakota, the nearest ESOP by assets is Ambiance Lighting, Inc. Employee Stock Ownership Plan in MD ($4M); by covered participants it is Inberg-Miller Engineers Employee Stock Ownership Plan in WY (38 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4M here).
Similar participant headcount
Nearest other-state filings by covered participants (38 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.