ESOP · DOL Form 5500 · 2024

Network Center, Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
57
Participants
60th
Percentile by assets
$215,675
Avg per participant
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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.

  • 60th percentile by assets (of 123,622 plans)
  • #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.

$12M
total plan assets (2024 EOY)
57
covered participants
60th
percentile by assets (of 123,622 plans)
$215,675
avg assets per participant

Where Network Center, Inc. Employee Stock Ownership Plan sits by total assets

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 $2,010,000,000 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 2024

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 →

State
North Dakota
Industry
Professional & Technical Services

Network Center, Inc. across 3 plan years on file

Across the 3 plan years Network Center, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $7M to $12M, a gain of 65.4%, while reported participants moved from 82 to 57 (-30.5%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($7M).

Network Center, Inc. multi-year asset trail

$6M$8M$10M$12M$14M 202220232024 $7.43M $12.3M ▲ +65.4%
Total plan assets by year, all Network Center, Inc. plans on file
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 ($B) Participants Network Center, Inc.…, Total assets ($B): 0.012293501 · Participants: 57Network Center, Inc.…Border States Indust…, Total assets ($B): 1.326258119 · Participants: 3256Border States Indust…Scheels Employee Sto…, Total assets ($B): 0.962968241 · Participants: 5157Scheels Employee Sto…Ulteig, Inc. Employe…, Total assets ($B): 0.192805392 · Participants: 1117Ulteig, Inc. Employe…Frontier Precision, …, Total assets ($B): 0.097711974 · Participants: 89Frontier Precision, …Klj Solutions Co Emp…, Total assets ($B): 0.09240993 · Participants: 525Klj Solutions Co Emp…
Network Center, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Network Center, Inc. Employee Stock Owne… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Network Center, Inc. Employee Stock Ownership Plan by total assets, not by location.

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).

Next read for Network Center, Inc. Employee Stock Owne…

Multi-year trail

Ways to act on Network Center, Inc. Employee Stock Ownership Plan's numbers.

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.