ESOP · DOL Form 5500 · 2024

Penmac Staffing Services Inc ESOP

Data updated 2026-07-24

$54M
Total assets
850
Participants
85th
Percentile by assets
$63,626
Avg per participant
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Official DOL plan name: Penmac Staffing Services Inc Employee Stock Ownership Plan · Sponsored by Penmac Staffing Services Inc · Missouri · Administrative & Support Services

$54M in assets, 850 participants

Penmac Staffing Services Inc's Penmac Staffing Services Inc Employee Stock Ownership Plan reported $54M in total assets and 850 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • 85th percentile by assets (of 116,472 plans)

Where Penmac Staffing Services Inc Employee Stock Ownership Plan sits by assets

Penmac Staffing Services Inc Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $54M for 850 participants (~$63,626/participant), down 10.5% in 2024.

$54M
total plan assets (2024 EOY)
850
covered participants
85th
percentile by assets (of 116,472 plans)
$63,626
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Penmac Staffing Services Inc Employee Stock Ownership Plan reported net income fell from $4M in the plan year 2023 filing to -$9M in the plan year 2024 filing.
  • Penmac Staffing Services Inc Employee Stock Ownership Plan reported participants rose from 643 in the plan year 2023 filing to 850 in the plan year 2024 filing.
  • Penmac Staffing Services Inc Employee Stock Ownership Plan end-of-year assets fell from $60M in the plan year 2023 filing to $54M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Penmac Staffing Services Inc Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Penmac Staffing Services Inc Employee Stock Ownership Plan outranks 85% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$42M
Net Income-$9M
Employer EIN431625388
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Penmac Staffing Services Inc)

$50M$55M$60M$65M$70M 202220232024 $54.8M $58.9M ▲ +7.4%
Total plan assets by year, all Penmac Staffing Services Inc plans on file
Year Plans Participants Total Assets
2022 2 1,687 $55M
2023 2 2,080 $65M
2024 2 2,155 $59M

Nearby ESOP Plans in Missouri

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

Penmac Staffing Services Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Missouri, assets vs. participants

Penmac Staffing Services Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Missouri, assets vs. participants Scatter plot of 6 data points. 050001000015000 -20246 Total assets ($B) Participants Penmac Staffing Serv…Burns & Mcdonnell, I…Mccarthy Employee St…Je Dunn Employee Sto…Arco DB Companies, I…Emery Sapp Employee …
Penmac Staffing Services Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Missouri, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Penmac Staffing Services Inc Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Penmac Staffing Services Inc Employee Stock Ownership Plan assets move in 2024?
Penmac Staffing Services Inc Employee Stock Ownership Plan pulled back noticeably - down 10.5% during 2024, from $60M to $54M. Reported net income was -$9M.
How have Penmac Staffing Services Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Penmac Staffing Services Inc's sponsor-wide assets grew 7.4%, from $55M to $59M.
Where does Penmac Staffing Services Inc Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Penmac Staffing Services Inc Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Penmac Staffing Services Inc Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Robin Industries, Inc. Employee Stock Ownership Plan in OH ($54M, 396 participants).

Next read for Penmac Staffing Services Inc Employee St…

Scale reading

Ways to act on Penmac Staffing Services 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 431625388.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.