Other
2022 plan-year Other DOL Form 5500

Scheels Employee Stock Ownership Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Scheels All Sports, Inc. · North Dakota · Retail Trade

What the 2023 filing shows

Scheels Employee Stock Ownership Plan holds $762M for 3,187 participants — about $238,988 per participant, up 17.7% over the 2022 plan year.

$762M
total plan assets (2022 EOY)
3,187
covered participants
$238,988
avg assets per participant
+17.7%
assets growth YoY
Total Assets (2023)
$762M
Participants
3,187
State
Industry
Retail Trade

What the Filing Says About Scheels Employee Stock Ownership Plan

Scheels Employee Stock Ownership Plan is a Other retirement plan sponsored by Scheels All Sports, Inc., headquartered in North Dakota. As of the 2022 Form 5500 filing, the plan reports $762M in total end-of-year assets and covers 3,187 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 450306649, and the plan has been effective since 1982-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $647M at the beginning of 2022 to $762M at year-end — a gain of 17.7%. Net assets (after liabilities) closed the year at $762M, with reported net income of $115M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$647M
Total Assets (End of Year)$762M
Net Assets (End of Year)$762M
Net Income$115M
Plan TypeOther
Employer EIN450306649
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Scheels All Sports, Inc.)

Year Plans Participants Total Assets
2022 2 9,713 $781M
2023 2 9,844 $864M
2024 2 13,343 $996M

Nearby Other Plans in North Dakota

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

Frequently Asked Questions

How much money is in the Scheels Employee Stock Ownership Plan?
As of the 2022 Form 5500 filing, Scheels Employee Stock Ownership Plan holds $762M in total assets with 3,187 participants. It is sponsored by Scheels All Sports, Inc..
What type of plan is Scheels Employee Stock Ownership Plan?
Scheels Employee Stock Ownership Plan is a Other plan. It has been effective since 1982-01-01. The plan is filed with the U.S. Department of Labor under EIN 450306649.
Who sponsors the Scheels Employee Stock Ownership Plan?
Scheels Employee Stock Ownership Plan is sponsored by Scheels All Sports, Inc., located in North Dakota. The sponsor's EIN is 450306649 and the plan operates in the Retail Trade industry.
How did Scheels Employee Stock Ownership Plan perform in 2022?
Scheels Employee Stock Ownership Plan grew by 17.7% during 2022, moving from $647M to $762M in total assets. Net income was $115M.
Where can I find official filings for Scheels Employee Stock Ownership Plan?
Official Form 5500 filings for Scheels Employee Stock Ownership Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 450306649 or plan name at efast.dol.gov.
How does Scheels Employee Stock Ownership Plan compare to other plans?
You can compare Scheels Employee Stock Ownership Plan against other Other plans on the plan type page, or view plans in North Dakota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 450306649.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.