ESOP · DOL Form 5500 · 2024

Sterling Staffing, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
212
Participants Below avg headcount
65th
Percentile by assets National rank
$71,752
Avg per participant Below avg balance/head
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Official DOL plan name: Sterling Staffing, Inc. Employee Stock Ownership Plan · Sponsored by Sterling Staffing, Inc. · Illinois · Professional & Technical Services

$15M in assets, 212 participants

Sterling Staffing, Inc.'s Sterling Staffing, Inc. Employee Stock Ownership Plan reported $15M in total assets and 212 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #12,880 in Professional & Technical Services (20,173 peers)

Coverage in Illinois

Sterling Staffing, Inc. Employee Stock Ownership Plan covers 212 participants in Illinois, about 27% of the average Illinois filer (state average ~779 per filing). Assets: $15M.

#12,880
in Professional & Technical Services (20,173 peers)
-14.3%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$15,211,459 Top 35% higher than 65% 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

Sterling Staffing, 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. Sterling Staffing, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (212 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sterling Staffing, Inc. Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Sterling Staffing, Inc. Employee Stock Ownership Plan end-of-year assets fell from $18M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 362708254 · Sterling Staffing, Inc. PY 2024 · ESOP

Sterling Staffing, Inc. Employee Stock Ownership Plan · $15M · 212 · 65th

  • TYPE $15M
  • NET 212
  • BOOK 65th
  • VS-ST ESOP
  • BOY near Seekins Precision ESOP
  • SCH ind #12880

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 Illinois →

Sterling Staffing, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Walmarc Partners Corporation Employee Stock Ownership PlanWalmarc Partners Corporation…$15MSeekins Precision ESOP$15MWws Holdings, Inc. Employee Stock Ownership PlanWws Holdings, Inc. Employee …$15MSterling Staffing, Inc. Employee Stock Ownership PlanSterling Staffing, Inc. Empl…$15MInnovative One Group, Inc. Employee Stock Ownership PlanInnovative One Group, Inc. E…$15M
End-of-year total assets ($M) among Sterling Staffing, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN362708254
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sterling Staffing, Inc.)

Sponsor-wide plan assets over time

All Sterling Staffing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$35M 23.905478773845783% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.1M $34.8M ▲ +23.9%
Year Plans Participants Total Assets
2022 2 675 $28M
2023 2 653 $34M
2024 2 641 $35M

Nearby ESOP Plans in Illinois

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

Sterling Staffing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Sterling Staffing, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.015211459 · Participants: 212Sterling Staffing, Inc. Employee Stock Ownership PlanAmsted Industries Incorporated Employees' Stock Ownership Plan, Total assets ($B): 3.699095694 · Participants: 4909Amsted Industries Incorporated Employees' Stock Ownership PlanKehe Distributors, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.165348047 · Participants: 4815Kehe Distributors, Inc. Employee Stock Ownership PlanScot Forge Company Employee Stock Ownership Plan, Total assets ($B): 1.429776889 · Participants: 491Scot Forge Company Employee Stock Ownership PlanBdo USA Employee Stock Ownership Plan, Total assets ($B): 1.0622005 · Participants: 9258Bdo USA Employee Stock Ownership PlanShorr Paper Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.430213996 · Participants: 543Shorr Paper Products, Inc. Employee Stock Ownership Plan
Sterling Staffing, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Illinois, assets vs. participants
Compare Sterling Staffing, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest ESOP by assets is Seekins Precision ESOP in ID ($15M); by covered participants it is Guttman Holdings Employee Stock Ownership Plan in PA (212 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (212 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 Sterling Staffing, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Sterling Staffing, Inc. Employee Stock Ownership Plan pulled back noticeably - down 14.3% during 2024, from $18M to $15M. Reported net income was -$2M.
How have Sterling Staffing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sterling Staffing, Inc.'s sponsor-wide assets grew 23.9%, from $28M to $35M.
Which ESOP plans are similar in size to Sterling Staffing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Seekins Precision ESOP in ID ($15M, 50 participants).
Which ESOP plans cover a similar participant headcount to Sterling Staffing, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Guttman Holdings Employee Stock Ownership Plan in PA (212 participants, $32M 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 362708254.

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.