ESOP · DOL Form 5500 · 2022

Schmitty & Sons Holdings, Inc. ESOP

Data updated 2026-08-25

$32M
Total assets Below avg plan size
451
Participants Below avg headcount
83rd
Percentile by assets National rank
$70,394
Avg per participant Below avg balance/head
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Official DOL plan name: Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Schmitty & Sons Holdings, Inc. · Minnesota · Transportation & Warehousing

$32M in assets, 451 participants

Schmitty & Sons Holdings, Inc.'s Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reported $32M in total assets and 451 participants in its 2022 DOL Form 5500 filing, ranking in the 83rd 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.

  • #3,223 in Transportation & Warehousing (3,876 peers)

Coverage in Minnesota

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust covers 451 participants in Minnesota, about 40% of the average Minnesota filer (state average ~1,126 per filing). Assets: $32M.

#3,223
in Transportation & Warehousing (3,876 peers)
+18.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$31,747,830 Top 17% higher than 83% of 139,123 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 2022

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (451 participants).

Plan-year Form 5500 strip

Filing strip 810928055 · Schmitty & Sons Holdings, Inc. PY 2022 · ESOP

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust · $32M · 451 · 83rd

  • VS-ST $32M
  • BOY 451
  • SCH 83rd
  • EBSA ESOP
  • PART near Chillco, Inc. Employee Stock Ownership Plan
  • TYPE ind #3223

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 →

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Paragon Trading, Inc ESOP$32MMain Brothers Oil Company, Inc. Employee Stock Ownership PlanMain Brothers Oil Company, I…$32MChillco, Inc. Employee Stock Ownership PlanChillco, Inc. Employee Stock…$32MSchmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and TrustSchmitty & Sons Holdings, In…$32MEmerald Asset Management Employee Stock Ownership PlanEmerald Asset Management Emp…$32M
End-of-year total assets ($M) among Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$5M
Employer EIN810928055
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schmitty & Sons Holdings, Inc.)

Sponsor-wide plan assets over time

All Schmitty & Sons Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 111.08416228762721% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $31.8M $67M ▲ +111.1%
Year Plans Participants Total Assets
2022 1 451 $32M
2023 2 998 $50M
2024 2 1,336 $67M

Nearby ESOP Plans in Minnesota

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

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 0200400600800 Total assets ($M) Participants Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 31.74783 · Participants: 451Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and TrustAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Chillco, Inc. Employee Stock Ownership Plan in LA ($32M); by covered participants it is Smith Seckman Reid, Inc. Employee Stock Ownership Plan in TN (450 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (451 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust grew sharply - up 18.6% during 2022, from $27M to $32M. Reported net income was $5M.
How have Schmitty & Sons Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmitty & Sons Holdings, Inc.'s sponsor-wide assets grew 111.1%, from $32M to $67M.
Where does Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust ranks in the 83rd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Chillco, Inc. Employee Stock Ownership Plan in LA ($32M, 71 participants).
Which ESOP plans cover a similar participant headcount to Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Smith Seckman Reid, Inc. Employee Stock Ownership Plan in TN (450 participants, $78M in assets).

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 810928055.

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.