ESOP · DOL Form 5500 · 2024

Precision Walls, Inc. ESOP

Data updated 2026-07-24

$143M
Total assets: 1,228
Participants: 93rd
Percentile by assets: $116,800
Avg per participant

Official DOL plan name: Precision Walls, Inc. Employee Stock Ownership Plan · Sponsored by Precision Walls, Inc. · North Carolina · Construction

$143M in assets, 1,228 participants

Precision Walls, Inc.'s Precision Walls, Inc. Employee Stock Ownership Plan reported $143M in total assets and 1,228 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 116,472 plans)

Where Precision Walls, Inc. Employee Stock Ownership Plan sits by assets

Precision Walls, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $143M for 1,228 participants (~$116,800/participant), up 28.6% in 2024.

$143M
total plan assets (2024 EOY): 1,228
covered participants: 93rd
percentile by assets (of 116,472 plans): $116,800
avg assets per participant

Precision Walls, Inc. Employee Stock Ownership Plan reported net income fell from $77M in the plan year 2023 filing to $32M in the plan year 2024 filing.
Precision Walls, Inc. Employee Stock Ownership Plan end-of-year assets rose from $111M in the plan year 2023 filing to $143M in the plan year 2024 filing.
Precision Walls, Inc. Employee Stock Ownership Plan reported participants rose from 1,028 in the plan year 2023 filing to 1,228 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

North Carolina

Industry

Construction

Precision Walls, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Precision Walls, Inc. Employee Stock Ownership Plan outranks 93% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$111M
Net Assets (End of Year)	$141M
Net Income	$32M
Employer EIN	561171361
Plan Effective Date	2016-05-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Precision Walls, Inc.)

Total plan assets by year, all Precision Walls, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	1,919	$55M
2023	2	1,950	$136M
2024	2	2,264	$172M

Nearby ESOP Plans in North Carolina

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

Precision Walls, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants

Columbia Forest Products, Inc. Employee Stock Ownership Plan and Trust $184M · 1,396
Ecmd, Inc. Employee Stock Ownership Plan $154M · 969
State Utility Contractors, Inc. Employee Stock Ownership Plan $123M · 158
Recore Employee Stock Ownership Plan $109M · 140
Mckim & Creed, Inc. Employee Stock Ownership Plan $101M · 949

Compare Precision Walls, Inc. Employee Stock Own… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

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

3ls, Inc. Employee Stock Ownership Plan (TN) $143M · 515
Stearns Financial Services, Inc. Employee Stock Ownership Plan and Trust (MN) $143M · 529
Oxygen Service Co., Inc. Employee Stock Ownership Plan (MN) $143M · 159
Shine516, Inc. Employee Stock Ownership Plan (FL) $144M · 207

Frequently Asked Questions

How did Precision Walls, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Precision Walls, Inc. Employee Stock Ownership Plan grew sharply - up 28.6% during 2024, from $111M to $143M. Reported net income was $32M.

How have Precision Walls, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Precision Walls, Inc.'s sponsor-wide assets grew 213.4%, from $55M to $172M.

Where does Precision Walls, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Precision Walls, Inc. Employee Stock Ownership Plan ranks in the 93rd percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which ESOP plans are similar in size to Precision Walls, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is 3ls, Inc. Employee Stock Ownership Plan in TN ($143M, 515 participants).

Next read for Precision Walls, Inc. Employee Stock Own…

Scale reading

Ways to act on Precision Walls, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Precision Walls, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in North Carolina. Compare plans
Precision Walls, Inc.'s sponsor-wide assets have grown 213.4% since 2022 across 3 plan years on file. More Construction plans

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 561171361.

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.