ESOP · DOL Form 5500 · 2024
Preferred Drilling Solutions, Inc. ESOP
Data updated 2026-08-25
- N/A
- Total assets —
- 47
- Participants Small participant base
Official DOL plan name: Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan · Sponsored by Preferred Drilling Solutions, Inc. · Florida · Construction
N/A in assets, 47 participants
Preferred Drilling Solutions, Inc.'s Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan reported N/A in total assets and 47 participants in its 2024 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
What the 2024 filing shows
Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan holds N/A for 47 participants.
- -$3M
- reported net income
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan is a small filing (47 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan reported net income fell from $226K in the plan year 2023 filing to -$3M in the plan year 2024 filing.
- Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan reported participants fell from 59 in the plan year 2023 filing to 47 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 593757298 · Preferred Drilling Solutions, Inc. PY 2024 · ESOP
Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan · N/A · 47
- 5500 N/A
- 5500 47
- 5500 PY 2024
- 5500 ESOP
- 5500 near Tablescapes, Ltd. Employee Stock Ownership Plan
- 5500 -$3M
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 Florida →
Filing particulars (2024)
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | N/A |
| Net Income | -$3M |
| Employer EIN | 593757298 |
| Plan Effective Date | 2008-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Preferred Drilling Solutions, Inc.)
Sponsor-wide plan assets over time
All Preferred Drilling Solutions, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- N/A
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 64 | $3M |
| 2023 | 1 | 59 | $3M |
| 2024 | 1 | 47 | N/A |
Nearby ESOP Plans in Florida
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Publix Super Markets, Inc. Employee Stock Ownership Plan & Trust $14.3B · 149,213
- Raymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan $1.1B · 16,036
- Summit Companies Holdings, Inc. Employee Stock Ownership Plan $754M · 354
- Thirty Fifteen Employee Stock Ownership Plan $725M · 4,730
- Western Global Airlines, Inc. Employee Stock Ownership Plan $441M · 353
Preferred Drilling Solutions, Inc. Employee Stock Ownership Plan's closest out-of-state ESOP peers by headcount
Outside Florida, the nearest ESOP by covered participants is Tablescapes, Ltd. Employee Stock Ownership Plan in IL (47 participants; this filing: 47 participants).
Similar participant headcount
Nearest other-state filings by covered participants (47 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.