ESOP · DOL Form 5500 · 2023
Schmitty & Sons Holdings, Inc. ESOP
Data updated 2026-08-25
- $39M
- Total assets Below avg plan size
- 490
- Participants Below avg headcount
- 83rd
- Percentile by assets National rank
- $80,120
- Avg per participant Below avg balance/head
Official DOL plan name: Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Schmitty & Sons Holdings, Inc. · Minnesota · Transportation & Warehousing
$39M in assets, 490 participants
Schmitty & Sons Holdings, Inc.'s Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reported $39M in total assets and 490 participants in its 2023 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.
- #2,741 in Transportation & Warehousing (3,362 peers)
Coverage in Minnesota
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust covers 490 participants in Minnesota, about 44% of the average Minnesota filer (state average ~1,126 per filing). Assets: $39M.
- #2,741
- in Transportation & Warehousing (3,362 peers)
- +23.7%
- assets growth YoY
- 0.4×
- 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 2023 · DOL Form 5500
$39,258,954 Top 17% higher than 83% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount
Plan-year 2023 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 (490 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $5M in the plan year 2022 filing to $8M in the plan year 2023 filing.
- Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $32M in the plan year 2022 filing to $39M in the plan year 2023 filing.
- Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 451 in the plan year 2022 filing to 490 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 810928055 · Schmitty & Sons Holdings, Inc. PY 2023 · ESOP
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust · $39M · 490 · 83rd
- PART $39M
- TYPE 490
- NET 83rd
- BOOK ESOP
- VS-ST near Ayers/Saint/Gross, Incorporated Employee Stock Ownership Plan
- BOY ind #2741
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
Minnesota filing particulars
| Total Assets (Beginning of Year) | $32M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | $8M |
| Employer EIN | 810928055 |
| Plan Effective Date | 2015-07-01 |
| Filing Status | FILING 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
| 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.
- Andersen Corporation Employee Stock Ownership Plan $899M · 11,644
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $498M · 789
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $432M · 446
- Hormel Foods Corporation Joint Earnings Profit Sharing Trust $432M · 4,575
- Force America Inc. Employee Stock Ownership Plan $427M · 412
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 Ayers/Saint/Gross, Incorporated Employee Stock Ownership Plan in MD ($39M); by covered participants it is H & R Agri-Power Employee Stock Ownership Plan in KY (489 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($39M here).
- Ayers/Saint/Gross, Incorporated Employee Stock Ownership Plan (MD) $39M · 191
- The Bruckner Truck Sales, Inc. Employee Stock Ownership Plan (TX) $39M · 1,079
- Robert D. Gilmore & Associates, Inc. Employee Stock Ownership Plan (PA) $39M · 175
- Rpm Group, Inc. Employee Stock Ownership Plan (NJ) $39M · 225
Similar participant headcount
Nearest other-state filings by covered participants (490 participants); asset peers above are excluded.
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.