ESOP · DOL Form 5500 · 2024

Precision Pulley & Idler ESOP

Data updated 2026-08-11

$473M
Total assets: 658
Participants: 97th
Percentile by assets: $718,810
Avg per participant

Official DOL plan name: Precision, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Precision Pulley & Idler · Iowa · Manufacturing

$473M in assets, 658 participants

Precision Pulley & Idler's Precision, Inc. Employee Stock Ownership Plan and Trust reported $473M in total assets and 658 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#16,949 in Manufacturing (17,777 peers)

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

Precision, Inc. Employee Stock Ownership Plan and Trust sits in the top 5% of all filed plans by assets, $473M for 658 participants (~$718,810/participant), up 8.0% in 2024.

$473M
total plan assets (2024 EOY): 658
covered participants: 97th
percentile by assets (of 123,622 plans): $718,810
avg assets per participant

Precision, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $438M in the plan year 2023 filing to $473M in the plan year 2024 filing.
Precision, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $26M in the plan year 2023 filing to $28M in the plan year 2024 filing.
Precision, Inc. Employee Stock Ownership Plan and Trust reported participants fell from 667 in the plan year 2023 filing to 658 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Iowa

Industry

Manufacturing

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

By assets, Precision, Inc. Employee Stock Ownership Plan and Trust outranks 97% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 4.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$438M
Net Assets (End of Year)	$319M
Net Income	$28M
Employer EIN	421089098
Plan Effective Date	2001-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Precision Pulley & Idler)

Total plan assets by year, all Precision Pulley & Idler plans on file

Year	Plans	Participants	Total Assets
2022	2	1,460	$440M
2023	2	1,490	$486M
2024	2	1,450	$534M

Nearby ESOP Plans in Iowa

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

Precision, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants

Employee Owned Brands, Inc. Employee Stock Ownership Plan $877M · 819
Van Meter Industrial, Inc. Employee Stock Ownership Plan $659M · 849
Ita Group Holdings, Inc. Employees' Stock Ownership Plan $498M · 907
Vgm Group, Inc. Employee Stock Ownership Plan $426M · 1,169
Annett Holdings, Inc. Employee Stock Ownership Plan & Trust $419M · 2,972

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

Similar-Sized ESOP Plans Nationally

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

Force America Inc. Employee Stock Ownership Plan (MN) $473M · 615
Barr Brands International Amended and Restated Employee Stock Ownership Plan (TN) $470M · 403
Central States, Inc. Employee Stock Ownership Plan (AR) $476M · 1,400
Pacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOP (MT) $469M · 968

Frequently Asked Questions

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

Precision, Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 8.0% during 2024, from $438M to $473M. Reported net income was $28M.

How have Precision Pulley & Idler plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Precision Pulley & Idler's sponsor-wide assets grew 21.3%, from $440M to $534M.

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

Precision, Inc. Employee Stock Ownership Plan and Trust ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

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

Among ESOP plans in other states, the closest by assets is Force America Inc. Employee Stock Ownership Plan in MN ($473M, 615 participants).

Next read for Precision, Inc. Employee Stock Ownership…

Scale reading

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

By total assets, Precision, Inc. Employee Stock Ownership Plan and Trust ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Iowa. Compare plans
Precision Pulley & Idler's sponsor-wide assets have grown 21.3% since 2022 across 3 plan years on file. More Manufacturing 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 421089098.