ESOP · DOL Form 5500 · 2022

Lift, Inc. ESOP

Data updated 2026-08-25

$75M
Total assets Below avg plan size
280
Participants Below avg headcount
91st
Percentile by assets National rank
$268,942
Avg per participant High balance/head
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Official DOL plan name: Lift, Inc. Employee Stock Ownership Plan · Sponsored by Lift, Inc. · Pennsylvania · Wholesale Trade

$75M in assets, 280 participants

Lift, Inc.'s Lift, Inc. Employee Stock Ownership Plan reported $75M in total assets and 280 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #6,337 in Wholesale Trade (6,843 peers)

Coverage in Pennsylvania

Lift, Inc. Employee Stock Ownership Plan covers 280 participants in Pennsylvania, about 34% of the average Pennsylvania filer (state average ~822 per filing). Assets: $75M.

#6,337
in Wholesale Trade (6,843 peers)
+40.8%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Lift, Inc. Employee Stock Ownership Plan's outsized position by total assets

Lift, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$75,303,861 Top 9% higher than 91% 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

Lift, Inc. Employee Stock Ownership Plan 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. Lift, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (280 participants).

DOL schedule card

Filing strip 232574915 · Lift, Inc. PY 2022 · ESOP

Lift, Inc. Employee Stock Ownership Plan · $75M · 280 · 91st

  • PHOTO $75M
  • PHOTO 280
  • PHOTO 91st
  • PHOTO ESOP
  • PHOTO near Swca, Inc Employee Stock Ownership Plan and Trust
  • PHOTO ind #6337

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 Pennsylvania →

Lift, Inc. Employee Stock Ownership Plan in the asset neighbourhood

American Mechanical Holdings Employee Stock Ownership PlanAmerican Mechanical Holdings…$76MUlland Brothers, Inc. 2012 Amended and Restated Employee Stock Ownership PlanUlland Brothers, Inc. 2012 A…$76MLift, Inc. Employee Stock Ownership PlanLift, Inc. Employee Stock Ow…$75MSwca, Inc Employee Stock Ownership Plan and TrustSwca, Inc Employee Stock Own…$75MNation Safe Drivers Employee Stock Ownership PlanNation Safe Drivers Employee…$75M
End-of-year total assets ($M) among Lift, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$497K
Net Income$24M
Employer EIN232574915
Plan Effective Date2018-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lift, Inc.)

Sponsor-wide plan assets over time

All Lift, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$147M 42.79342966654175% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $103M $147M ▲ +42.8%
Year Plans Participants Total Assets
2022 2 599 $103M
2023 2 687 $122M
2024 2 732 $147M

Nearby ESOP Plans in Pennsylvania

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

Lift, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Lift, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.075303861 · Participants: 280Lift, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.519811811 · Participants: 22323Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.154561341 · Participants: 337Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533697969 · Participants: 12847Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.48126732 · Participants: 2268Centimark Corporation Employee Stock Ownership Plan and TrustNewage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.310383492 · Participants: 304Newage Industries, Inc. Employee Stock Ownership Plan
Lift, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Lift, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($75M); by covered participants it is W.W. Gay Mechanical Contractor, Inc. Employee Stock Ownership Plan & Trust in FL (279 participants). Same-state nearby plans are listed separately above.

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 Lift, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Lift, Inc. Employee Stock Ownership Plan surged - up 40.8% during 2022, from $53M to $75M. Reported net income was $24M.
How have Lift, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lift, Inc.'s sponsor-wide assets grew 42.8%, from $103M to $147M.
Where does Lift, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Lift, Inc. Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Lift, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($75M, 826 participants).
Which ESOP plans cover a similar participant headcount to Lift, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is W.W. Gay Mechanical Contractor, Inc. Employee Stock Ownership Plan & Trust in FL (279 participants, $68M 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 232574915.

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.