ESOP · DOL Form 5500 · 2023

Precision Pulley & Idler ESOP

Data updated 2026-08-25

$438M
Total assets Above avg plan size
667
Participants Below avg headcount
97th
Percentile by assets National rank
$656,766
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Precision, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Precision Pulley & Idler · Iowa · Manufacturing

$438M in assets, 667 participants

Precision Pulley & Idler's Precision, Inc. Employee Stock Ownership Plan and Trust reported $438M in total assets and 667 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,857 in Manufacturing (18,722 peers)

Where Precision, Inc. Employee Stock Ownership Plan and Trust sits by assets

Precision, Inc. Employee Stock Ownership Plan and Trust sits in the top 5% of all filed plans by assets, $438M for 667 participants (~$656,766/participant), up 8.8% in 2023.

#17,857
in Manufacturing (18,722 peers)
+8.8%
assets growth YoY
4.4×
vs typical plan assets (national mean)

Precision, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Precision, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$438,062,674 Top 3% higher than 97% 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

Precision, Inc. Employee Stock Ownership Plan and Trust 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. Precision, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (667 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $8M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Precision, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $403M in the plan year 2022 filing to $438M in the plan year 2023 filing.
  • Precision, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 645 in the plan year 2022 filing to 667 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 421089098 · Precision Pulley & Idler PY 2023 · ESOP

Precision, Inc. Employee Stock Ownership Plan and Trust · $438M · 667 · 97th

  • BOOK $438M
  • BOOK 667
  • BOOK 97th
  • BOOK ESOP
  • BOOK near Project Worldwide, Inc. Employee Stock Ownership Plan
  • BOOK ind #17857

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 Iowa →

Precision, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Arco DB Companies, Inc. Employee Stock Ownership PlanArco DB Companies, Inc. Empl…$443MGensler Employee Stock Ownership PlanGensler Employee Stock Owner…$442MPacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOPPacific Hide & Fur Depot D/B…$442MPrecision, Inc. Employee Stock Ownership Plan and TrustPrecision, Inc. Employee Sto…$438MProject Worldwide, Inc. Employee Stock Ownership PlanProject Worldwide, Inc. Empl…$436M
End-of-year total assets ($M) among Precision, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$403M
Net Assets (End of Year)$291M
Net Income$26M
Employer EIN421089098
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Pulley & Idler)

Sponsor-wide plan assets over time

All Precision Pulley & Idler plans reported in each filing year

Latest sponsor-wide plan assets
$534M 21.308733039619284% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $440M $534M ▲ +21.3%
Year Plans Participants Total Assets
2022 2 1,460 $440M
2023 2 1,490 $486M
2024 2 1,450 $534M

Nearby ESOP Plans in Iowa

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

Precision, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 50010001500200025003000 2004006008001000 Total assets ($M) Participants Precision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 438.062674 · Participants: 667Precision, Inc. Employee Stock Ownership Plan and TrustEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 863.986659 · Participants: 802Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 596.09835 · Participants: 801Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 427.790025 · Participants: 771Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 405.931426 · Participants: 1070Vgm Group, Inc. Employee Stock Ownership PlanAnnett Holdings, Inc. Employee Stock Ownership Plan & Trust, Total assets ($M): 400.423959 · Participants: 2714Annett Holdings, Inc. Employee Stock Ownership Plan & Trust
Precision, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants
Compare Precision, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Iowa, the nearest ESOP by assets is Project Worldwide, Inc. Employee Stock Ownership Plan in MI ($436M); by covered participants it is Labcon, Inc. Employees' Stock Ownership Plan and Trust in TX (666 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (667 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 Precision, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Precision, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 8.8% during 2023, from $403M to $438M. Reported net income was $26M.
How have Precision Pulley & Idler plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision Pulley & Idler's sponsor-wide assets grew 21.3%, from $440M to $534M.
Where does Precision, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Precision, Inc. Employee Stock Ownership Plan and Trust ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Precision, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Project Worldwide, Inc. Employee Stock Ownership Plan in MI ($436M, 1,173 participants).
Which ESOP plans cover a similar participant headcount to Precision, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Labcon, Inc. Employees' Stock Ownership Plan and Trust in TX (666 participants, $6M 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 421089098.

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.