ESOP · DOL Form 5500 · 2023

Precision Drive & Control, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
111
Participants Small participant base
63rd
Percentile by assets National rank
$110,723
Avg per participant Below avg balance/head
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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.

  • #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.

#5,556
in Construction (9,030 peers)
+57.1%
assets growth YoY

Precision Drive & Control, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

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 $2,050,000,000 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 Drive & Control, Inc. Employee Stock Ownership Plan 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 Drive & Control, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (111 participants).

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 →

Form 5500 schedule snapshot

Filing strip 391251035 · Precision Drive & Control, Inc. PY 2023 · ESOP

Precision Drive & Control, Inc. Employee Stock Ownership Plan · $12M · 111 · 63rd

  • BOOK $12M
  • VS-ST 111
  • BOY 63rd
  • SCH ESOP
  • EBSA near Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan
  • PART ind #5556

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 →

Precision Drive & Control, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Atkins & Stang, Inc. Employee Stock Ownership PlanAtkins & Stang, Inc. Employe…$12MAxios International, Inc. Employee Stock Ownership PlanAxios International, Inc. Em…$12MJemco Electrical Contractors, Inc. Employee Stock Ownership PlanJemco Electrical Contractors…$12MPrecision Drive & Control, Inc. Employee Stock Ownership PlanPrecision Drive & Control, I…$12MMegakc Employee Stock Ownership PlanMegakc Employee Stock Owners…$12M
End-of-year total assets ($M) among Precision Drive & Control, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Precision Drive & Control, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$33M 26.027221688093455% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $25.9M $32.6M ▲ +26.0%
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 ($B) Participants Precision Drive & Control, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.012290282 · Participants: 111Precision Drive & Control, Inc. Employee Stock Ownership PlanSchreiber Foods, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.551413763 · Participants: 6108Schreiber Foods, Inc. Employee Stock Ownership PlanWoodman's Employees' Profit Sharing and Stock Ownership Plan, Total assets ($B): 0.700244908 · Participants: 2837Woodman's Employees' Profit Sharing and Stock Ownership PlanKi Employee Stock Ownership Plan, Total assets ($B): 0.511365241 · Participants: 1624Ki Employee Stock Ownership PlanTrachte Building Systems Employee Stock Ownership Plan, Total assets ($B): 0.331023295 · Participants: 228Trachte Building Systems Employee Stock Ownership PlanWausau Supply Company Employee Stock Ownership Plan, Total assets ($B): 0.31506565 · Participants: 808Wausau Supply Company Employee Stock Ownership Plan
Precision Drive & Control, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Wisconsin, assets vs. participants
Compare Precision Drive & Control, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest ESOP by assets is Jemco Electrical Contractors, Inc. Employee Stock Ownership Plan in NY ($12M); by covered participants it is Progressive Bancorp, Inc. Employee Stock Ownership Plan in LA (111 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (111 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 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).
Which ESOP plans cover a similar participant headcount to Precision Drive & Control, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Progressive Bancorp, Inc. Employee Stock Ownership Plan in LA (111 participants, $3M 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 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.