Other · DOL Form 5500 · 2023
H-S Precision, Inc. Employee Stock Ownership Plan
Data updated 2026-05-15
- $307K
- Total assets
- 47
- Participants
- 14th
- Percentile by assets
- $6,538
- Avg per participant
Sponsored by H-S Precision, Inc. · South Dakota · Manufacturing
What the 2023 filing shows
H-S Precision, Inc. Employee Stock Ownership Plan holds $307K for 47 participants - about $6,538 per participant, among the smaller plans by assets on file, down 12.0% over the 2023 plan year.
- $307K
- total plan assets (2023 EOY)
- 47
- covered participants
- 14th
- percentile by assets (of 126,618 plans)
- $6,538
- avg assets per participant
The plan reported a net loss of $42K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Other · DOL Form 5500 · 2023
What the Filing Says About H-S Precision, Inc. Employee Stock Ownership Plan
H-S Precision, Inc. Employee Stock Ownership Plan is an Other retirement plan sponsored by H-S Precision, Inc., headquartered in South Dakota. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $307K in total end-of-year assets and covers 47 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 460412472, and the plan has been effective since 1994-07-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets pulled back noticeably from $349K at the beginning of 2023 to $307K at year-end - down 12.0%. Net assets (after liabilities) closed the year at $307K, with reported net income of -$42K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.
Across the 2 plan years H-S Precision, Inc. has on file with PlainRetire (2022-2023), sponsor-wide plan assets have moved from $349K to $307K, a decline of 12.0%, while reported participants moved from 51 to 47 (-7.8%). Year-by-year, sponsor-wide filings show: 2022 - $349K in assets across 1 plan covering 51 participants; 2023 - $307K in assets across 1 plan covering 47 participants.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank H-S Precision, Inc. Employee Stock Ownership Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $349K |
|---|---|
| Total Assets (End of Year) | $307K |
| Net Assets (End of Year) | $307K |
| Net Income | -$42K |
| Plan Type | Other |
| Employer EIN | 460412472 |
| Plan Effective Date | 1994-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (H-S Precision, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 51 | $349K |
| 2023 | 1 | 47 | $307K |
Nearby Other Plans in South Dakota
Peer Other plans, same state, same plan type, ranked by total assets.
- Bakers Local No 433 Pension Plan $146M · N/A
- Bierschbach Equipment & Supply Co., Inc. Employee Stock Ownership Plan $44M · 83
- The Ramkota Companies, Inc. Employee Stock Ownership Plan and Trust $39M · 112
- Vps Employee Stock Ownership Plan $27M · 340
- Karl's Inc Employee Stock Ownership Plan and Trust $19M · 214
Frequently Asked Questions
How much money is in the H-S Precision, Inc. Employee Stock Ownership Plan? ▼
What type of plan is H-S Precision, Inc. Employee Stock Ownership Plan? ▼
Who sponsors the H-S Precision, Inc. Employee Stock Ownership Plan? ▼
How did H-S Precision, Inc. Employee Stock Ownership Plan perform in 2023? ▼
What this filing means
Ways to act on H-S Precision, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, H-S Precision, Inc. Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar Other plans in South Dakota. Compare plans
- H-S Precision, Inc.'s sponsor-wide assets have declined 12.0% since 2022 across 2 plan years on file. More Manufacturing plans
- An Other plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types
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 460412472.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.