ESOP · DOL Form 5500 · 2024

Viking Drill & Tool, Inc. ESOP

Data updated 2026-08-25

$55M
Total assets Below avg plan size
273
Participants Below avg headcount
85th
Percentile by assets National rank
$200,905
Avg per participant Above avg balance/head
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Official DOL plan name: Viking Drill & Tool, Inc. Employee Stock Ownership Plan · Sponsored by Viking Drill & Tool, Inc. · Minnesota · Manufacturing

$55M in assets, 273 participants

Viking Drill & Tool, Inc.'s Viking Drill & Tool, Inc. Employee Stock Ownership Plan reported $55M in total assets and 273 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.

  • #14,012 in Manufacturing (17,777 peers)

Coverage in Minnesota

Viking Drill & Tool, Inc. Employee Stock Ownership Plan covers 273 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $55M.

#14,012
in Manufacturing (17,777 peers)
-0.3%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $152K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Viking Drill & Tool, Inc. Employee Stock Ownership Plan's outsized position by total assets

Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$54,847,058 Top 15% higher than 85% 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

Viking Drill & Tool, 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. Viking Drill & Tool, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (273 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Viking Drill & Tool, Inc. Employee Stock Ownership Plan reported net income fell from $3M in the plan year 2023 filing to -$152K in the plan year 2024 filing.
  • Viking Drill & Tool, Inc. Employee Stock Ownership Plan reported participants rose from 265 in the plan year 2023 filing to 273 in the plan year 2024 filing.
  • Viking Drill & Tool, Inc. Employee Stock Ownership Plan end-of-year assets fell from $55M in the plan year 2023 filing to $55M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 362702410 · Viking Drill & Tool, Inc. PY 2024 · ESOP

Viking Drill & Tool, Inc. Employee Stock Ownership Plan · $55M · 273 · 85th

  • EOY $55M
  • EOY 273
  • EOY 85th
  • EOY ESOP
  • EOY near Sc&h Group, Inc. Employee Stock Ownership Plan
  • EOY ind #14012

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 Minnesota →

Viking Drill & Tool, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Bayer Construction Company, Inc. Employee Stock Ownership TrustBayer Construction Company, …$55MJteam Inc Employee Stock Ownership PlanJteam Inc Employee Stock Own…$55MViking Drill & Tool, Inc. Employee Stock Ownership PlanViking Drill & Tool, Inc. Em…$55MSc&h Group, Inc. Employee Stock Ownership PlanSc&h Group, Inc. Employee St…$55MTri Dal Employee Stock Ownership PlanTri Dal Employee Stock Owner…$55M
End-of-year total assets ($M) among Viking Drill & Tool, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$55M
Net Income-$152K
Employer EIN362702410
Plan Effective Date1998-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Viking Drill & Tool, Inc.)

Sponsor-wide plan assets over time

All Viking Drill & Tool, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$75M 24.094264941931264% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $60.2M $74.7M ▲ +24.1%
Year Plans Participants Total Assets
2022 2 458 $60M
2023 2 467 $55M
2024 2 536 $75M

Nearby ESOP Plans in Minnesota

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

Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 020040060080010001200 Total assets ($M) Participants Viking Drill & Tool, Inc. Employee Stock Ownership Plan, Total assets ($M): 54.847058 · Participants: 273Viking Drill & Tool, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Viking Drill & Tool, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Viking Drill & Tool, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Viking Drill & Tool, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Sc&h Group, Inc. Employee Stock Ownership Plan in MD ($55M); by covered participants it is Employee Stock Ownership Plan of Westfield Financial, Inc. in MA (273 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (273 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 Viking Drill & Tool, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Viking Drill & Tool, Inc. Employee Stock Ownership Plan held essentially flat - down 0.3% during 2024, from $55M to $55M. Reported net income was -$152K.
How have Viking Drill & Tool, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Viking Drill & Tool, Inc.'s sponsor-wide assets grew 24.1%, from $60M to $75M.
Where does Viking Drill & Tool, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Viking Drill & Tool, Inc. Employee Stock Ownership Plan ranks in the 85th percentile by end-of-year assets among 123,622 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 Viking Drill & Tool, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Sc&h Group, Inc. Employee Stock Ownership Plan in MD ($55M, 331 participants).
Which ESOP plans cover a similar participant headcount to Viking Drill & Tool, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Employee Stock Ownership Plan of Westfield Financial, Inc. in MA (273 participants, $15M 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 362702410.

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.