ESOP · DOL Form 5500 · 2024

Precision Pulley & Idler ESOP

Data updated 2026-08-25

$473M
Total assets Above avg plan size
658
Participants Below avg headcount
97th
Percentile by assets National rank
$718,810
Avg per participant High balance/head
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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.

  • #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.

#16,949
in Manufacturing (17,777 peers)
+8.0%
assets growth YoY
4.7×
vs typical plan assets (national mean)

Precision, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Precision, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$472,977,214 Top 3% higher than 97% 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

Precision, Inc. Employee Stock Ownership Plan and Trust 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. Precision, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (658 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 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 →

EBSA filing schedule strip

Filing strip 421089098 · Precision Pulley & Idler PY 2024 · ESOP

Precision, Inc. Employee Stock Ownership Plan and Trust · $473M · 658 · 97th

  • NET $473M
  • BOOK 658
  • VS-ST 97th
  • BOY ESOP
  • SCH near Force America Inc. Employee Stock Ownership Plan
  • EBSA ind #16949

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 Iowa →

Precision, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Central States, Inc. Employee Stock Ownership PlanCentral States, Inc. Employe…$476MPrecision, Inc. Employee Stock Ownership Plan and TrustPrecision, Inc. Employee Sto…$473MForce America Inc. Employee Stock Ownership PlanForce America Inc. Employee …$473MBarr Brands International Amended and Restated Employee Stock Ownership PlanBarr Brands International Am…$470MPacific Hide & Fur Depot D/B/a Pacific Steel & Recycling ESOPPacific Hide & Fur Depot D/B…$469M
End-of-year total assets ($M) among Precision, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$438M
Net Assets (End of Year)$319M
Net Income$28M
Employer EIN421089098
Plan Effective Date2001-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Pulley & Idler)

Sponsor-wide plan assets over time

All Precision Pulley & Idler plans reported in each filing year

Latest sponsor-wide plan assets
$534M 21.308733039619284% vs 2022
2024 filing year
$400M$450M$500M$550M 202220232024 $440M $534M ▲ +21.3%
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 Scatter plot of 6 data points. 01000200030004000 2004006008001000 Total assets ($M) Participants Precision, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 472.977214 · Participants: 658Precision, Inc. Employee Stock Ownership Plan and TrustEmployee Owned Brands, Inc. Employee Stock Ownership Plan, Total assets ($M): 877.41862 · Participants: 819Employee Owned Brands, Inc. Employee Stock Ownership PlanVan Meter Industrial, Inc. Employee Stock Ownership Plan, Total assets ($M): 658.666503 · Participants: 849Van Meter Industrial, Inc. Employee Stock Ownership PlanIta Group Holdings, Inc. Employees' Stock Ownership Plan, Total assets ($M): 498.079165 · Participants: 907Ita Group Holdings, Inc. Employees' Stock Ownership PlanVgm Group, Inc. Employee Stock Ownership Plan, Total assets ($M): 426.304167 · Participants: 1169Vgm Group, Inc. Employee Stock Ownership PlanAnnett Holdings, Inc. Employee Stock Ownership Plan & Trust, Total assets ($M): 418.553968 · Participants: 2972Annett Holdings, Inc. Employee Stock Ownership Plan & Trust
Precision, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants

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

Outside Iowa, the nearest ESOP by assets is Force America Inc. Employee Stock Ownership Plan in MN ($473M); by covered participants it is Ames Construction Employee Stock Ownership Plan in MN (655 participants). Same-state nearby plans are listed separately above.

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 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).
Which ESOP plans cover a similar participant headcount to Precision, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Ames Construction Employee Stock Ownership Plan in MN (655 participants, $30M in assets).