ESOP · DOL Form 5500 · 2024

Network Center, Inc. ESOP

Data updated 2026-08-25

$12M
Total assets Small plan by assets
57
Participants Small participant base
60th
Percentile by assets National rank
$215,675
Avg per participant Above avg balance/head
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Official DOL plan name: Network Center, Inc. Employee Stock Ownership Plan · Sponsored by Network Center, Inc. · North Dakota · Professional & Technical Services

$12M in assets, 57 participants

Network Center, Inc.'s Network Center, Inc. Employee Stock Ownership Plan reported $12M in total assets and 57 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #11,865 in Professional & Technical Services (20,173 peers)

Network Center, Inc. multi-year trail

Network Center, Inc.'s plans moved +65.4% in assets from 2022 to 2024; this filing shows Network Center, Inc. Employee Stock Ownership Plan at $12M / 57 participants.

#11,865
in Professional & Technical Services (20,173 peers)
+35.4%
assets growth YoY

Network Center, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

Network Center, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$12,293,501 Top 40% higher than 60% of 123,620 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 2024

Network Center, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Network Center, Inc. Employee Stock Ownership Plan is a small filing (57 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Network Center, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Network Center, Inc. Employee Stock Ownership Plan end-of-year assets rose from $9M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Network Center, Inc. Employee Stock Ownership Plan reported participants rose from 55 in the plan year 2023 filing to 57 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 450408963 · Network Center, Inc. PY 2024 · ESOP

Network Center, Inc. Employee Stock Ownership Plan · $12M · 57 · 60th

  • PART $12M
  • TYPE 57
  • NET 60th
  • BOOK ESOP
  • VS-ST near Germane Solutions Employee Stock Ownership Plan
  • BOY ind #11865

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 North Dakota →

Network Center, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Columbia Cosmetics Manufacturing, Inc. Employee Stock Ownership PlanColumbia Cosmetics Manufactu…$12MNewwave Technologies, Inc. Employee Stock Ownership PlanNewwave Technologies, Inc. E…$12MGermane Solutions Employee Stock Ownership PlanGermane Solutions Employee S…$12MNetwork Center, Inc. Employee Stock Ownership PlanNetwork Center, Inc. Employe…$12MGai Employee Stock Ownership PlanGai Employee Stock Ownership…$12M
End-of-year total assets ($M) among Network Center, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Network Center, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Network Center, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 65.35052937451546% vs 2022
2024 filing year
$6M$8M$10M$12M$14M 202220232024 $7.43M $12.3M ▲ +65.4%
Year Plans Participants Total Assets
2022 1 82 $7M
2023 1 55 $9M
2024 1 57 $12M

Network Center, Inc. filing trail (2024)

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN450408963
Plan Effective Date2014-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Dakota

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

Network Center, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -0.500.511.5 Total assets ($B) Participants Network Center, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.012293501 · Participants: 57Network Center, Inc. Employee Stock Ownership PlanBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.326258119 · Participants: 3256Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.962968241 · Participants: 5157Scheels Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.192805392 · Participants: 1117Ulteig, Inc. Employee Stock Ownership PlanFrontier Precision, Inc Employee Stock Ownership Plan, Total assets ($B): 0.097711974 · Participants: 89Frontier Precision, Inc Employee Stock Ownership PlanKlj Solutions Co Employee Stock Ownership Plan, Total assets ($B): 0.09240993 · Participants: 525Klj Solutions Co Employee Stock Ownership Plan
Network Center, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Network Center, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside North Dakota, the nearest ESOP by assets is Germane Solutions Employee Stock Ownership Plan in OH ($12M); by covered participants it is Ma Bank Employee Stock Ownership Plan in MO (57 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (57 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Network Center, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Network Center, Inc. Employee Stock Ownership Plan surged - up 35.4% during 2024, from $9M to $12M. Reported net income was $3M.
How have Network Center, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Network Center, Inc.'s sponsor-wide assets grew 65.4%, from $7M to $12M.
Which ESOP plans are similar in size to Network Center, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Germane Solutions Employee Stock Ownership Plan in OH ($12M, 34 participants).
Which ESOP plans cover a similar participant headcount to Network Center, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Ma Bank Employee Stock Ownership Plan in MO (57 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450408963.

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.