ESOP · DOL Form 5500 · 2022

Schmitty & Sons Holdings, Inc. ESOP

Data updated 2026-08-11

$32M
Total assets
451
Participants
83rd
Percentile by assets
$70,394
Avg per participant
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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.

  • 83rd percentile by assets (of 139,126 plans)
  • #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.

$32M
total plan assets (2022 EOY)
451
covered participants
83rd
percentile by assets (of 139,126 plans)
$70,394
avg assets per participant

Where Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust sits 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 $2,010,000,000 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

Participants vs Minnesota filers

In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reports 451 participants - about 40% of that state average ($32M EOY assets).

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.)

$20M$40M$60M$80M 202220232024 $31.8M $67M ▲ +111.1%
Total plan assets by year, all Schmitty & Sons Holdings, Inc. plans on file
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

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 Hold…Andersen Corporation…Hormel Foods Corpora…Kingdom Enterprises,…Force America Inc. E…Polaris Inc. Employe…
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

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

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).

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Filing takeaways

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