ESOP · DOL Form 5500 · 2023

Precision Walls, Inc. ESOP

Data updated 2026-08-11

$111M
Total assets: 1,028
Participants: 92nd
Percentile by assets: $108,453
Avg per participant

Official DOL plan name: Precision Walls, Inc. Employee Stock Ownership Plan · Sponsored by Precision Walls, Inc. · North Carolina · Construction

$111M in assets, 1,028 participants

Precision Walls, Inc.'s Precision Walls, Inc. Employee Stock Ownership Plan reported $111M in total assets and 1,028 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#8,156 in Construction (9,030 peers)

Where Precision Walls, Inc. Employee Stock Ownership Plan sits by assets

Precision Walls, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $111M for 1,028 participants (~$108,453/participant), up 218.3% in 2023.

$111M
total plan assets (2023 EOY): 1,028
covered participants: 92nd
percentile by assets (of 127,072 plans): $108,453
avg assets per participant

Precision Walls, Inc. Employee Stock Ownership Plan reported net income rose from $15M in the plan year 2022 filing to $77M in the plan year 2023 filing.
Precision Walls, Inc. Employee Stock Ownership Plan end-of-year assets rose from $35M in the plan year 2022 filing to $111M in the plan year 2023 filing.
Precision Walls, Inc. Employee Stock Ownership Plan reported participants fell from 1,058 in the plan year 2022 filing to 1,028 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

North Carolina

Industry

Construction

Precision Walls, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Precision Walls, Inc. Employee Stock Ownership Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$35M
Net Assets (End of Year)	$109M
Net Income	$77M
Employer EIN	561171361
Plan Effective Date	2016-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Precision Walls, Inc.)

Total plan assets by year, all Precision Walls, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,919	$55M
2023	2	1,950	$136M
2024	2	2,264	$172M

Nearby ESOP Plans in North Carolina

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

Precision Walls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Columbia Forest Products, Inc. Employee Stock Ownership Plan and Trust $182M · 1,330
Ecmd, Inc. Employee Stock Ownership Plan $132M · 922
Robert E. Mason & Associates, Inc. Employee Stock Ownership Plan $102M · 273
State Utility Contractors, Inc. Employee Stock Ownership Plan $86M · 144
Mckim & Creed, Inc. Employee Stock Ownership Plan $84M · 867

Compare Precision Walls, Inc. Employee Stock Own… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Hcc, Inc. Employee Stock Ownership Plan (IL) $111M · 227
Gbs Corp & Subsidiaries Employee Stock Ownership Plan & Trust (OH) $111M · 193
The Haskell Company Employee Stock Ownership Plan (FL) $112M · 1,374
Jacobsen Construction Company, Inc. Employee Stock Ownership Plan (UT) $111M · 531

Frequently Asked Questions

How did Precision Walls, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Precision Walls, Inc. Employee Stock Ownership Plan surged - up 218.3% during 2023, from $35M to $111M. Reported net income was $77M.

How have Precision Walls, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Precision Walls, Inc.'s sponsor-wide assets grew 213.4%, from $55M to $172M.

Where does Precision Walls, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Precision Walls, Inc. Employee Stock Ownership Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Precision Walls, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Hcc, Inc. Employee Stock Ownership Plan in IL ($111M, 227 participants).

Next read for Precision Walls, Inc. Employee Stock Own…

Scale reading

Ways to act on Precision Walls, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Precision Walls, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in North Carolina. Compare plans
Precision Walls, Inc.'s sponsor-wide assets have grown 213.4% since 2022 across 3 plan years on file. More Construction plans

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 561171361.