ESOP · DOL Form 5500 · 2023

Precision Pulley & Idler ESOP

Data updated 2026-08-11

$438M
Total assets: 667
Participants: 97th
Percentile by assets: $656,766
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$438M
total plan assets (2023 EOY): 667
covered participants: 97th
percentile by assets (of 127,072 plans): $656,766
avg assets per participant

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 →

State

Iowa

Industry

Manufacturing

Precision, Inc. Employee Stock Ownership Plan and Trust vs the 2023 asset distribution

By assets, Precision, Inc. Employee Stock Ownership Plan and Trust outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$403M
Net Assets (End of Year)	$291M
Net Income	$26M
Employer EIN	421089098
Plan Effective Date	2001-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Precision Pulley & Idler)

Total plan assets by year, all Precision Pulley & Idler plans on file

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

Employee Owned Brands, Inc. Employee Stock Ownership Plan $864M · 802
Van Meter Industrial, Inc. Employee Stock Ownership Plan $596M · 801
Ita Group Holdings, Inc. Employees' Stock Ownership Plan $428M · 771
Vgm Group, Inc. Employee Stock Ownership Plan $406M · 1,070
Annett Holdings, Inc. Employee Stock Ownership Plan & Trust $400M · 2,714

Compare Precision, Inc. Employee Stock Ownership… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Precision, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Project Worldwide, Inc. Employee Stock Ownership Plan (MI) $436M · 1,173
Pacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOP (MT) $442M · 824
Gensler Employee Stock Ownership Plan (CA) $442M · 4,601
Arco DB Companies, Inc. Employee Stock Ownership Plan (MO) $443M · 560

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).

Next read for Precision, Inc. Employee Stock Ownership…

Scale reading

Ways to act on Precision, Inc. Employee Stock Ownership Plan and Trust's numbers.

By total assets, Precision, Inc. Employee Stock Ownership Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
Precision Pulley & Idler's sponsor-wide assets have grown 21.3% since 2022 across 3 plan years on file. More Manufacturing plans

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.