ESOP · DOL Form 5500 · 2023

Sheetz, Inc. ESOP

Data updated 2026-08-11

$686M
Total assets
13,858
Participants
98th
Percentile by assets
$49,517
Avg per participant
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Official DOL plan name: Sheetz, Inc. Employee Stock Ownership Plan · Sponsored by Sheetz, Inc. · Pennsylvania · Retail Trade

$686M in assets, 13,858 participants

Sheetz, Inc.'s Sheetz, Inc. Employee Stock Ownership Plan reported $686M in total assets and 13,858 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #8,304 in Retail Trade (8,414 peers)

Coverage in Pennsylvania

Sheetz, Inc. Employee Stock Ownership Plan covers 13,858 participants in Pennsylvania, 17x the typical Pennsylvania plan (state average ~822 per filing). Assets: $686M.

$686M
total plan assets (2023 EOY)
13,858
covered participants
98th
percentile by assets (of 127,072 plans)
$49,517
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sheetz, Inc. Employee Stock Ownership Plan reported net income rose from $110M in the plan year 2022 filing to $153M in the plan year 2023 filing.
  • Sheetz, Inc. Employee Stock Ownership Plan end-of-year assets rose from $534M in the plan year 2022 filing to $686M in the plan year 2023 filing.
  • Sheetz, Inc. Employee Stock Ownership Plan reported participants rose from 12,847 in the plan year 2022 filing to 13,858 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Sheetz, Inc. Employee Stock Ownership Plan reports 13,858 participants - 17x that state average ($686M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$534M
Net Assets (End of Year)$686M
Net Income$153M
Employer EIN251202108
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sheetz, Inc.)

$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $1.04B $1.5B ▲ +44.2%
Total plan assets by year, all Sheetz, Inc. plans on file
Year Plans Participants Total Assets
2022 2 27,722 $1.0B
2023 2 29,724 $1.4B
2024 2 32,398 $1.5B

Nearby ESOP Plans in Pennsylvania

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

Sheetz, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Sheetz, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 0246 Total assets ($B) Participants Sheetz, Inc. Employe…Wawa, Inc. Employee …Bradford White Corpo…Centimark Corporatio…D & H Employee Stock…Newage Industries, I…
Sheetz, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Scale composition for Sheetz, Inc. Employee Stock Ownership Plan

Sheetz, Inc. Employee Stock Ownership Plan reports $686M in end-of-year assets across 13,858 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.015% of 93,925,755 covered participants) - about $49,517 per participant (36% of the national average assets-per-participant) . Net income for plan year 2023 was $153M.

This plan identity (EIN 251202108, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $534M to $721M (+35.1%) while covered participants moved from 12,847 to 14,939 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,847 $534M Open filing
2023 13,858 $686M This page
2024 · index core 14,939 $721M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized ESOP Plans Nationally

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

Frequently Asked Questions

How did Sheetz, Inc. Employee Stock Ownership Plan assets move in 2023?
Sheetz, Inc. Employee Stock Ownership Plan grew sharply - up 28.6% during 2023, from $534M to $686M. Reported net income was $153M.
How have Sheetz, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sheetz, Inc.'s sponsor-wide assets grew 44.0%, from $1.0B to $1.5B.
Where does Sheetz, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Sheetz, Inc. Employee Stock Ownership Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Sheetz, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Woodman's Employees' Profit Sharing and Stock Ownership Plan in WI ($700M, 2,837 participants).

Next read for Sheetz, Inc. Employee Stock Ownership Pl…

Filing takeaways

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

  • By total assets, Sheetz, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Pennsylvania. Compare plans
  • Sheetz, Inc.'s sponsor-wide assets have grown 44.0% since 2022 across 3 plan years on file. More Retail Trade plans