ESOP · DOL Form 5500 · 2023

Small Mine Development, LLC ESOP

Data updated 2026-08-11

$11M
Total assets
410
Participants
60th
Percentile by assets
$25,949
Avg per participant
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Official DOL plan name: Small Mine Development Employee Stock Ownership Plan · Sponsored by Small Mine Development, LLC · Idaho · Mining & Oil Extraction

$11M in assets, 410 participants

Small Mine Development, LLC's Small Mine Development Employee Stock Ownership Plan reported $11M in total assets and 410 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 127,072 plans)
  • #315 in Mining & Oil Extraction (811 peers)

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Small Mine Development Employee Stock Ownership Plan ranks #315 of 811 2023 filers by assets (1156% of the sector average)-$11M for 410 participants.

$11M
total plan assets (2023 EOY)
410
covered participants
60th
percentile by assets (of 127,072 plans)
$25,949
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Small Mine Development Employee Stock Ownership Plan reported net income rose from -$360K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Small Mine Development Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Small Mine Development Employee Stock Ownership Plan reported participants rose from 401 in the plan year 2022 filing to 410 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Rank #315 in Mining & Oil Extraction

Among 811 Mining & Oil Extraction plans that filed a Form 5500 for plan year 2023, Small Mine Development Employee Stock Ownership Plan ranks #315 by end-of-year assets - about 1156% of the sector average of $123M. Nationally it sits in the 60th percentile, a weaker position within its industry than across all filers.

Mining & Oil Extraction filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)-$15M
Net Income$6M
Employer EIN942866465
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Small Mine Development, LLC)

$40M$50M$60M$70M 202220232024 $46.4M $66.9M ▲ +44.2%
Total plan assets by year, all Small Mine Development, LLC plans on file
Year Plans Participants Total Assets
2022 2 881 $46M
2023 2 1,022 $55M
2024 3 1,179 $67M

Nearby ESOP Plans in Idaho

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

Small Mine Development Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants

Small Mine Development Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -20246 Total assets ($B) Participants Small Mine Developme…Winco Employee Stock…Norco, Inc. Employee…Litehouse, Inc. Empl…Stellar Industries, …Litehouse, Inc. Empl…
Small Mine Development Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Small Mine Development Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Small Mine Development Employee Stock Ownership Plan assets move in 2023?
Small Mine Development Employee Stock Ownership Plan surged - up 87.5% during 2023, from $6M to $11M. Reported net income was $6M.
How have Small Mine Development, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Small Mine Development, LLC's sponsor-wide assets grew 44.2%, from $46M to $67M.
Which ESOP plans are similar in size to Small Mine Development Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Podmore Manufacturing, Inc. Employee Stock Ownership Plan in NH ($11M, 38 participants).

Next read for Small Mine Development Employee Stock Ow…

Filing takeaways

Ways to act on Small Mine Development Employee Stock Ownership Plan's numbers.