ESOP · DOL Form 5500 · 2022

Pems Holdings, Inc. ESOP

Data updated 2026-08-25

$22M
Total assets Small plan by assets
15
Participants Small participant base
79th
Percentile by assets National rank
$1.5M
Avg per participant High balance/head
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Official DOL plan name: Pems Employee Stock Ownership Plan · Sponsored by Pems Holdings, Inc. · Michigan · Manufacturing

$22M in assets, 15 participants

Pems Holdings, Inc.'s Pems Employee Stock Ownership Plan reported $22M in total assets and 15 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #14,476 in Manufacturing (20,602 peers)

Where Pems Employee Stock Ownership Plan sits by assets

Pems Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $22M for 15 participants (~$1.5M/participant), up 1935.7% in 2022.

#14,476
in Manufacturing (20,602 peers)
+1935.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $32M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pems Employee Stock Ownership Plan's outsized position by total assets

Pems Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$22,392,353 Top 21% higher than 79% of 139,123 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 2022

Pems Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Pems Employee Stock Ownership Plan is a small filing (15 participants) on this national headcount ladder.

DOL schedule card

Filing strip 874755699 · Pems Holdings, Inc. PY 2022 · ESOP

Pems Employee Stock Ownership Plan · $22M · 15 · 79th

  • VS-ST $22M
  • BOY 15
  • SCH 79th
  • EBSA ESOP
  • PART near Pioneer Power, Inc. Employee Stock Ownership Plan and Trust
  • TYPE ind #14476

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 Michigan →

Pems Employee Stock Ownership Plan in the asset neighbourhood

Penta Research Incorporated Employee Stock Ownership PlanPenta Research Incorporated …$22MPioneer Power, Inc. Employee Stock Ownership Plan and TrustPioneer Power, Inc. Employee…$22MPems Employee Stock Ownership PlanPems Employee Stock Ownershi…$22MArch Telecom Employee Stock Ownership PlanArch Telecom Employee Stock …$22MDuncan Bolt Employee Stock Ownership PlanDuncan Bolt Employee Stock O…$22M
End-of-year total assets ($M) among Pems Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)-$31M
Net Income-$32M
Employer EIN874755699
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pems Holdings, Inc.)

Sponsor-wide plan assets over time

All Pems Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 76.94279381894346% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $22.4M $39.6M ▲ +77.0%
Year Plans Participants Total Assets
2022 1 15 $22M
2023 1 119 $35M
2024 1 123 $40M

Nearby ESOP Plans in Michigan

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

Pems Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Pems Employee Stock Ownership Plan, Total assets ($B): 0.022392353 · Participants: 15Pems Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Pems Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Pems Employee Stock Ownership Plan side-by-side with 3 peers →

Pems Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Pioneer Power, Inc. Employee Stock Ownership Plan and Trust in MN ($22M); by covered participants it is N-Link Corporation Employee Stock Ownership Plan in OR (15 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Pems Employee Stock Ownership Plan assets move in 2022? ▼
Pems Employee Stock Ownership Plan surged - up 1935.7% during 2022, from $1M to $22M. Reported net income was -$32M.
How have Pems Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pems Holdings, Inc.'s sponsor-wide assets grew 76.9%, from $22M to $40M.
Where does Pems Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Pems Employee Stock Ownership Plan ranks in the 79th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Pems Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Pioneer Power, Inc. Employee Stock Ownership Plan and Trust in MN ($22M, 30 participants).
Which ESOP plans cover a similar participant headcount to Pems Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is N-Link Corporation Employee Stock Ownership Plan in OR (15 participants, $578K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 874755699.

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.