ESOP · DOL Form 5500 · 2023

Sps Companies, Inc. ESOP

Data updated 2026-08-11

$86M
Total assets
97
Participants
90th
Percentile by assets
$891,593
Avg per participant
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Official DOL plan name: Sps Companies, Inc. Employee Stock Ownership Plan · Sponsored by Sps Companies, Inc. · Minnesota · Wholesale Trade

$86M in assets, 97 participants

Sps Companies, Inc.'s Sps Companies, Inc. Employee Stock Ownership Plan reported $86M in total assets and 97 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #5,800 in Wholesale Trade (6,309 peers)

Where Sps Companies, Inc. Employee Stock Ownership Plan sits by assets

Sps Companies, Inc. Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $86M for 97 participants (~$891,593/participant), up 24.5% in 2023.

$86M
total plan assets (2023 EOY)
97
covered participants
90th
percentile by assets (of 127,072 plans)
$891,593
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sps Companies, Inc. Employee Stock Ownership Plan reported net income fell from $16M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Sps Companies, Inc. Employee Stock Ownership Plan end-of-year assets rose from $69M in the plan year 2022 filing to $86M in the plan year 2023 filing.
  • Sps Companies, Inc. Employee Stock Ownership Plan reported participants rose from 91 in the plan year 2022 filing to 97 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Sps Companies, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution

By assets, Sps Companies, Inc. Employee Stock Ownership Plan outranks 90% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.9x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$69M
Net Assets (End of Year)$73M
Net Income$11M
Employer EIN410719467
Plan Effective Date1988-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sps Companies, Inc.)

$80M$90M$100M$110M 202220232024 $82.5M $99.9M ▲ +21.0%
Total plan assets by year, all Sps Companies, Inc. plans on file
Year Plans Participants Total Assets
2022 2 240 $83M
2023 2 259 $101M
2024 2 261 $100M

Nearby ESOP Plans in Minnesota

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

Sps Companies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Sps Companies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants Sps Companies, Inc. …Andersen Corporation…Kingdom Enterprises,…Landscape Structures…Hormel Foods Corpora…Force America Inc. E…
Sps Companies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Sps Companies, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Sps Companies, Inc. Employee Stock Ownership Plan assets move in 2023?
Sps Companies, Inc. Employee Stock Ownership Plan grew sharply - up 24.5% during 2023, from $69M to $86M. Reported net income was $11M.
How have Sps Companies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sps Companies, Inc.'s sponsor-wide assets grew 21.0%, from $83M to $100M.
Where does Sps Companies, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Sps Companies, Inc. Employee Stock Ownership Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Sps Companies, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Fst Logistics, Inc. Employee Stock Ownership Plan in OH ($87M, 274 participants).

Next read for Sps Companies, Inc. Employee Stock Owner…

Scale reading

Ways to act on Sps Companies, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Sps Companies, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
  • Sps Companies, Inc.'s sponsor-wide assets have grown 21.0% since 2022 across 3 plan years on file. More Wholesale Trade plans