ESOP · DOL Form 5500 · 2024

Quality Machining, Inc. ESOP

Data updated 2026-08-25

$7M
Total assets Small plan by assets
60
Participants Small participant base
49th
Percentile by assets National rank
$120,667
Avg per participant Near avg balance/head
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Official DOL plan name: Quality Machining, Inc. Employee Stock Ownership Plan · Sponsored by Quality Machining, Inc. · Wisconsin · Manufacturing

$7M in assets, 60 participants

Quality Machining, Inc.'s Quality Machining, Inc. Employee Stock Ownership Plan reported $7M in total assets and 60 participants in its 2024 DOL Form 5500 filing, ranking in the 49th 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.

  • #5,895 in Manufacturing (17,777 peers)

Quality Machining, Inc. multi-year trail

Quality Machining, Inc.'s plans moved +212.1% in assets from 2022 to 2024; this filing shows Quality Machining, Inc. Employee Stock Ownership Plan at $7M / 60 participants.

#5,895
in Manufacturing (17,777 peers)
+12.6%
assets growth YoY

Quality Machining, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Quality Machining, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$7,240,000 49th percentile higher than 49% of 123,620 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 2024

Quality Machining, 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. Quality Machining, Inc. Employee Stock Ownership Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Quality Machining, Inc. Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to $944K in the plan year 2024 filing.
  • Quality Machining, Inc. Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Quality Machining, Inc. Employee Stock Ownership Plan reported participants rose from 56 in the plan year 2023 filing to 60 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 391517856 · Quality Machining, Inc. PY 2024 · ESOP

Quality Machining, Inc. Employee Stock Ownership Plan · $7M · 60 · 49th

  • BOY $7M
  • BOY 60
  • BOY 49th
  • BOY ESOP
  • BOY near Aj Asphalt Employee Stock Ownership Plan
  • BOY ind #5895

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 Wisconsin →

Quality Machining, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Quality Machining, Inc. Employee Stock Ownership PlanQuality Machining, Inc. Empl…$7MAj Asphalt Employee Stock Ownership PlanAj Asphalt Employee Stock Ow…$7MNec, Inc. Employee Stock Ownership PlanNec, Inc. Employee Stock Own…$7MSmall Mine Development Employee Stock Ownership PlanSmall Mine Development Emplo…$7MMidstate Bancorp Employee Stock Ownership PlanMidstate Bancorp Employee St…$7M
End-of-year total assets ($M) among Quality Machining, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Quality Machining, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Quality Machining, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 212.06896551724137% vs 2022
2024 filing year
$0M$2M$4M$6M$8M 202220232024 $2.32M $7.24M ▲ +212.1%
Year Plans Participants Total Assets
2022 1 56 $2M
2023 1 56 $6M
2024 1 60 $7M

Quality Machining, Inc. filing trail (2024)

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$2M
Net Income$944K
Employer EIN391517856
Plan Effective Date2020-10-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Wisconsin

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

Quality Machining, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Quality Machining, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.00724 · Participants: 60Quality Machining, Inc. Employee Stock Ownership PlanSchreiber Foods, Inc Employee Stock Ownership Plan, Total assets ($B): 3.761100176 · Participants: 6519Schreiber Foods, Inc Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.795573537 · Participants: 2967Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.604138718 · Participants: 1689Ki Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.332844757 · Participants: 834Wausau Supply Company Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.31505419 · Participants: 266Trachte Building Systems Employee Stock Ownership Plan
Quality Machining, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants
Compare Quality Machining, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Quality Machining, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Wisconsin, the nearest ESOP by assets is Aj Asphalt Employee Stock Ownership Plan in OH ($7M); by covered participants it is Barker-Phillips-Jackson, Inc. Employee Stock Ownership Plan in MO (60 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (60 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.

Frequently Asked Questions

How did Quality Machining, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Quality Machining, Inc. Employee Stock Ownership Plan grew at a solid clip - up 12.6% during 2024, from $6M to $7M. Reported net income was $944K.
How have Quality Machining, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Quality Machining, Inc.'s sponsor-wide assets grew 212.1%, from $2M to $7M.
Which ESOP plans are similar in size to Quality Machining, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Aj Asphalt Employee Stock Ownership Plan in OH ($7M, 75 participants).
Which ESOP plans cover a similar participant headcount to Quality Machining, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Barker-Phillips-Jackson, Inc. Employee Stock Ownership Plan in MO (60 participants, $48M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 391517856.

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.