ESOP · DOL Form 5500 · 2024

Placeworks, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
140
Participants Small participant base
26th
Percentile by assets National rank
$10,021
Avg per participant Low balance/head
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Official DOL plan name: Placeworks, Inc. Employee Stock Ownership Plan · Sponsored by Placeworks, Inc. · California · Professional & Technical Services

$1M in assets, 140 participants

Placeworks, Inc.'s Placeworks, Inc. Employee Stock Ownership Plan reported $1M in total assets and 140 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #4,291 in Professional & Technical Services (20,173 peers)

Coverage in California

Placeworks, Inc. Employee Stock Ownership Plan covers 140 participants in California, about 22% of the average California filer (state average ~630 per filing). Assets: $1M.

#4,291
in Professional & Technical Services (20,173 peers)
-40.8%
assets change YoY

Placeworks, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

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

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

$1,403,000 26th percentile higher than 26% 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

Placeworks, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Placeworks, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (140 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Placeworks, Inc. Employee Stock Ownership Plan reported net income rose from -$9M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Placeworks, Inc. Employee Stock Ownership Plan end-of-year assets fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Placeworks, Inc. Employee Stock Ownership Plan reported participants rose from 133 in the plan year 2023 filing to 140 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 952975827 · Placeworks, Inc. PY 2024 · ESOP

Placeworks, Inc. Employee Stock Ownership Plan · $1M · 140 · 26th

  • VS-ST $1M
  • BOY 140
  • SCH 26th
  • EBSA ESOP
  • PART near Shintech Incorporated Employee Stock Ownership Plan
  • TYPE ind #4291

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 California →

Placeworks, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Placeworks, Inc. Employee Stock Ownership PlanPlaceworks, Inc. Employee St…$1MShintech Incorporated Employee Stock Ownership PlanShintech Incorporated Employ…$1MUnited Vending & Food Service Employee Stock Ownership PlanUnited Vending & Food Servic…$1MMeyer Design, Incorporated Employee Stock Ownership PlanMeyer Design, Incorporated E…$1MT&t Tinting Specialists, Inc. Employee Stock Ownership PlanT&t Tinting Specialists, Inc…$1M
End-of-year total assets ($M) among Placeworks, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$8M
Net Income$2M
Employer EIN952975827
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Placeworks, Inc.)

Sponsor-wide plan assets over time

All Placeworks, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$29M 51.51907235034858% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19M $28.8M ▲ +51.5%
Year Plans Participants Total Assets
2022 1 119 $19M
2023 2 264 $26M
2024 2 273 $29M

Nearby ESOP Plans in California

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

Placeworks, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -20246 Total assets ($B) Participants Placeworks, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.001403 · Participants: 140Placeworks, Inc. Employee Stock Ownership PlanParsons Employee Stock Ownership Plan, Total assets ($B): 4.994512995 · Participants: 8040Parsons Employee Stock Ownership PlanAcco Employee Stock Ownership Plan, Total assets ($B): 1.694943363 · Participants: 1499Acco Employee Stock Ownership PlanRosendin Electric, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.538046697 · Participants: 1998Rosendin Electric, Inc. Employee Stock Ownership PlanEcc Employee Stock Ownership Plan, Total assets ($B): 0.632082376 · Participants: 317Ecc Employee Stock Ownership PlanAgron, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.596115632 · Participants: 68Agron, Inc. Employee Stock Ownership Plan
Placeworks, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants
Compare Placeworks, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside California, the nearest ESOP by assets is Shintech Incorporated Employee Stock Ownership Plan in TX ($1M); by covered participants it is 2015 Amended and Restated Waterstone Bank Ssb Employee Stock Ownership Plan in WI (140 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (140 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 Placeworks, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Placeworks, Inc. Employee Stock Ownership Plan contracted severely - down 40.8% during 2024, from $2M to $1M. Reported net income was $2M.
How have Placeworks, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Placeworks, Inc.'s sponsor-wide assets grew 51.5%, from $19M to $29M.
Which ESOP plans are similar in size to Placeworks, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Shintech Incorporated Employee Stock Ownership Plan in TX ($1M, 4 participants).
Which ESOP plans cover a similar participant headcount to Placeworks, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is 2015 Amended and Restated Waterstone Bank Ssb Employee Stock Ownership Plan in WI (140 participants, $29M 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 952975827.

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.