ESOP · DOL Form 5500 · 2023

Precision Drive & Control, Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
111
Participants
63rd
Percentile by assets
$110,723
Avg per participant
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Official DOL plan name: Precision Drive & Control, Inc. Employee Stock Ownership Plan · Sponsored by Precision Drive & Control, Inc. · Wisconsin · Construction

$12M in assets, 111 participants

Precision Drive & Control, Inc.'s Precision Drive & Control, Inc. Employee Stock Ownership Plan reported $12M in total assets and 111 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd 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.

  • 63rd percentile by assets (of 127,072 plans)
  • #5,556 in Construction (9,030 peers)

Coverage in Wisconsin

Precision Drive & Control, Inc. Employee Stock Ownership Plan covers 111 participants in Wisconsin, about 20% of the average Wisconsin filer (state average ~563 per filing). Assets: $12M.

$12M
total plan assets (2023 EOY)
111
covered participants
63rd
percentile by assets (of 127,072 plans)
$110,723
avg assets per participant

Where Precision Drive & Control, Inc. Employee Stock Ownership Plan sits by total assets

Precision Drive & Control, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,290,282 Top 37% higher than 63% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision Drive & Control, Inc. Employee Stock Ownership Plan end-of-year assets rose from $8M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Precision Drive & Control, Inc. Employee Stock Ownership Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Precision Drive & Control, Inc. Employee Stock Ownership Plan reported participants rose from 100 in the plan year 2022 filing to 111 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Wisconsin
Industry
Construction

Participants vs Wisconsin filers

In Wisconsin, the average filing covers about 563 participants across 2,940 plans. Precision Drive & Control, Inc. Employee Stock Ownership Plan reports 111 participants - about 20% of that state average ($12M EOY assets).

Wisconsin filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income$5M
Employer EIN391251035
Plan Effective Date2018-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Drive & Control, Inc.)

$20M$25M$30M$35M$40M 202220232024 $25.9M $32.6M ▲ +26.0%
Total plan assets by year, all Precision Drive & Control, Inc. plans on file
Year Plans Participants Total Assets
2022 2 199 $26M
2023 2 228 $36M
2024 2 213 $33M

Nearby ESOP Plans in Wisconsin

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

Precision Drive & Control, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -101234 Total assets ($B) Participants Precision Drive & Co…, Total assets ($B): 0.012290282 · Participants: 111Precision Drive & Co…Schreiber Foods, Inc…, Total assets ($B): 3.551413763 · Participants: 6108Schreiber Foods, Inc…Woodman's Employees'…, Total assets ($B): 0.700244908 · Participants: 2837Woodman's Employees'…Ki Employee Stock Ow…, Total assets ($B): 0.511365241 · Participants: 1624Ki Employee Stock Ow…Trachte Building Sys…, Total assets ($B): 0.331023295 · Participants: 228Trachte Building Sys…Wausau Supply Compan…, Total assets ($B): 0.31506565 · Participants: 808Wausau Supply Compan…
Precision Drive & Control, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants
Compare Precision Drive & Control, Inc. Employee… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Precision Drive & Control, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Precision Drive & Control, Inc. Employee Stock Ownership Plan surged - up 57.1% during 2023, from $8M to $12M. Reported net income was $5M.
How have Precision Drive & Control, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision Drive & Control, Inc.'s sponsor-wide assets grew 26.0%, from $26M to $33M.
Which ESOP plans are similar in size to Precision Drive & Control, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan in NY ($12M, 20 participants).

Next read for Precision Drive & Control, Inc. Employee…

Filing takeaways

Ways to act on Precision Drive & Control, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Precision Drive & Control, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Wisconsin. Compare plans
  • Precision Drive & Control, Inc.'s sponsor-wide assets have grown 26.0% since 2022 across 3 plan years on file. More Construction 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 391251035.

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.