ESOP · DOL Form 5500 · 2023

Viking Drill & Tool, Inc. ESOP

Data updated 2026-08-25

$55M
Total assets Below avg plan size
265
Participants Below avg headcount
86th
Percentile by assets National rank
$207,543
Avg per participant Above avg balance/head
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Official DOL plan name: Viking Drill & Tool, Inc. Employee Stock Ownership Plan · Sponsored by Viking Drill & Tool, Inc. · Minnesota · Manufacturing

$55M in assets, 265 participants

Viking Drill & Tool, Inc.'s Viking Drill & Tool, Inc. Employee Stock Ownership Plan reported $55M in total assets and 265 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #15,044 in Manufacturing (18,722 peers)

Coverage in Minnesota

Viking Drill & Tool, Inc. Employee Stock Ownership Plan covers 265 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $55M.

#15,044
in Manufacturing (18,722 peers)
+5.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Viking Drill & Tool, Inc. Employee Stock Ownership Plan's outsized position by total assets

Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$54,998,896 Top 14% higher than 86% of 127,068 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 2023

Viking Drill & Tool, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Viking Drill & Tool, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (265 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Viking Drill & Tool, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Viking Drill & Tool, Inc. Employee Stock Ownership Plan end-of-year assets rose from $52M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Viking Drill & Tool, Inc. Employee Stock Ownership Plan reported participants rose from 258 in the plan year 2022 filing to 265 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 362702410 · Viking Drill & Tool, Inc. PY 2023 · ESOP

Viking Drill & Tool, Inc. Employee Stock Ownership Plan · $55M · 265 · 86th

  • VS-ST $55M
  • BOY 265
  • SCH 86th
  • EBSA ESOP
  • PART near Avion Solutions, Inc. Employee Stock Ownership Plan
  • TYPE ind #15044

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 Minnesota →

Viking Drill & Tool, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Hills Bank and Trust Employee Stock Ownership PlanHills Bank and Trust Employe…$55MAvion Solutions, Inc. Employee Stock Ownership PlanAvion Solutions, Inc. Employ…$55MViking Drill & Tool, Inc. Employee Stock Ownership PlanViking Drill & Tool, Inc. Em…$55MAnderson Electric, Inc. ESOP$55MMillstone Weber Employee Stock Ownership PlanMillstone Weber Employee Sto…$55M
End-of-year total assets ($M) among Viking Drill & Tool, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$55M
Net Income$3M
Employer EIN362702410
Plan Effective Date1998-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Viking Drill & Tool, Inc.)

Sponsor-wide plan assets over time

All Viking Drill & Tool, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$75M 24.094264941931264% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $60.2M $74.7M ▲ +24.1%
Year Plans Participants Total Assets
2022 2 458 $60M
2023 2 467 $55M
2024 2 536 $75M

Nearby ESOP Plans in Minnesota

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

Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Viking Drill & Tool, Inc. Employee Stock Ownership Plan, Total assets ($M): 54.998896 · Participants: 265Viking Drill & Tool, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 899.073238 · Participants: 11644Andersen Corporation Employee Stock Ownership PlanKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 497.538965 · Participants: 789Kingdom Enterprises, Inc. Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 432.374379 · Participants: 446Landscape Structures, Inc. Employee Stock Ownership Plan and TrustHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 431.874919 · Participants: 4575Hormel Foods Corporation Joint Earnings Profit Sharing TrustForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 426.610266 · Participants: 412Force America Inc. Employee Stock Ownership Plan
Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Viking Drill & Tool, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Viking Drill & Tool, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Avion Solutions, Inc. Employee Stock Ownership Plan in AL ($55M); by covered participants it is Plains Ag Employee Stock Ownership Plan in ND (265 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (265 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.

Frequently Asked Questions

How did Viking Drill & Tool, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Viking Drill & Tool, Inc. Employee Stock Ownership Plan grew at a solid clip - up 5.6% during 2023, from $52M to $55M. Reported net income was $3M.
How have Viking Drill & Tool, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Viking Drill & Tool, Inc.'s sponsor-wide assets grew 24.1%, from $60M to $75M.
Where does Viking Drill & Tool, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Viking Drill & Tool, Inc. Employee Stock Ownership Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Viking Drill & Tool, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Avion Solutions, Inc. Employee Stock Ownership Plan in AL ($55M, 245 participants).
Which ESOP plans cover a similar participant headcount to Viking Drill & Tool, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Plains Ag Employee Stock Ownership Plan in ND (265 participants, $38M in assets).

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 362702410.

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.