ESOP · DOL Form 5500 · 2024

Scimitar, Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
17
Participants Small participant base
58th
Percentile by assets National rank
$637,971
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Scimitar Inc. Employee Stock Ownership Plan · Sponsored by Scimitar, Inc. · Washington · Professional & Technical Services

$11M in assets, 17 participants

Scimitar, Inc.'s Scimitar Inc. Employee Stock Ownership Plan reported $11M in total assets and 17 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #11,260 in Professional & Technical Services (20,173 peers)

Scimitar, Inc. multi-year trail

Scimitar, Inc.'s plans moved +540.5% in assets from 2023 to 2024; this filing shows Scimitar Inc. Employee Stock Ownership Plan at $11M / 17 participants.

#11,260
in Professional & Technical Services (20,173 peers)
+540.5%
assets growth YoY

Scimitar Inc. Employee Stock Ownership Plan's mid-pack asset rank among Professional & Technical Services and all filers

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$10,845,503 Top 42% higher than 58% of 123,620 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 2024

Scimitar Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Scimitar Inc. Employee Stock Ownership Plan is a small filing (17 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Scimitar Inc. Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Scimitar Inc. Employee Stock Ownership Plan reported net income rose from -$30M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Scimitar Inc. Employee Stock Ownership Plan reported participants rose from 13 in the plan year 2023 filing to 17 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 208070228 · Scimitar, Inc. PY 2024 · ESOP

Scimitar Inc. Employee Stock Ownership Plan · $11M · 17 · 58th

  • VS-ST $11M
  • BOY 17
  • SCH 58th
  • EBSA ESOP
  • PART near Everett Co-Operative Bank Employee Stock Ownership Plan
  • TYPE ind #11260

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 Washington →

Scimitar Inc. Employee Stock Ownership Plan in the asset neighbourhood

Solid It Networks, Inc. Employee Stock Ownership PlanSolid It Networks, Inc. Empl…$11MScimitar Inc. Employee Stock Ownership PlanScimitar Inc. Employee Stock…$11MEverett Co-Operative Bank Employee Stock Ownership PlanEverett Co-Operative Bank Em…$11MJudy Construction Company Employee Stock Ownership PlanJudy Construction Company Em…$11MMichael's Transportation Service, Inc. Employee Stock Ownership Plan and TrustMichael's Transportation Ser…$11M
End-of-year total assets ($M) among Scimitar Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scimitar, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Scimitar, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 540.4542201288762% vs 2023
2024 filing year
$0M$5M$10M$15M 20232024 $1.69M $10.9M ▲ +542.0%
Year Plans Participants Total Assets
2023 1 13 $2M
2024 1 17 $11M

Scimitar, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$16M
Net Income$14M
Employer EIN208070228
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Washington

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

Scimitar Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -101234 Total assets ($B) Participants Scimitar Inc. Employee Stock Ownership Plan, Total assets ($B): 0.010845503 · Participants: 17Scimitar Inc. Employee Stock Ownership PlanSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 3.162915985 · Participants: 4281Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.30805532 · Participants: 1238Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.207396855 · Participants: 291Manson Construction Co. Non-Craft Employee Stock Ownership PlanParametrix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.159192217 · Participants: 737Parametrix, Inc. Employee Stock Ownership PlanThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.097195017 · Participants: 184The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
Scimitar Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Washington, assets vs. participants

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

Outside Washington, the nearest ESOP by assets is Everett Co-Operative Bank Employee Stock Ownership Plan in MA ($11M); by covered participants it is Gaskets, Inc. Employee Stock Ownership Plan in WI (17 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Scimitar Inc. Employee Stock Ownership Plan assets move in 2024?
Scimitar Inc. Employee Stock Ownership Plan surged - up 540.5% during 2024, from $2M to $11M. Reported net income was $14M.
How have Scimitar, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Scimitar, Inc.'s sponsor-wide assets grew 540.5%, from $2M to $11M.
Which ESOP plans are similar in size to Scimitar Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Everett Co-Operative Bank Employee Stock Ownership Plan in MA ($11M, 59 participants).
Which ESOP plans cover a similar participant headcount to Scimitar Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Gaskets, Inc. Employee Stock Ownership Plan in WI (17 participants, $2M in assets).