ESOP · DOL Form 5500 · 2024

Small Mine Development, LLC ESOP

Data updated 2026-08-25

$13M
Total assets Small plan by assets
346
Participants Below avg headcount
62nd
Percentile by assets National rank
$38,382
Avg per participant Low balance/head
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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

$13M in assets, 346 participants

Small Mine Development, LLC's Small Mine Development Employee Stock Ownership Plan reported $13M in total assets and 346 participants in its 2024 DOL Form 5500 filing, ranking in the 62nd 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.

  • #331 in Mining & Oil Extraction (785 peers)

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Small Mine Development Employee Stock Ownership Plan ranks #331 of 785 2024 filers by assets (926% of the sector average)-$13M for 346 participants.

#331
in Mining & Oil Extraction (785 peers)
+24.8%
assets growth YoY

Small Mine Development Employee Stock Ownership Plan's mid-pack asset rank among Mining & Oil Extraction and all filers

Small Mine Development Employee Stock Ownership Plan vs every filed plan by assets

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

$13,280,095 Top 38% higher than 62% 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

Small Mine Development Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Small Mine Development Employee Stock Ownership Plan sits mid-pack in the medium band (346 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Small Mine Development Employee Stock Ownership Plan reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Small Mine Development Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • Small Mine Development Employee Stock Ownership Plan reported participants fell from 410 in the plan year 2023 filing to 346 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 942866465 · Small Mine Development, LLC PY 2024 · ESOP

Small Mine Development Employee Stock Ownership Plan · $13M · 346 · 62nd

  • RANK $13M
  • RANK 346
  • RANK 62nd
  • RANK ESOP
  • RANK near Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan
  • RANK ind #331

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 Idaho →

Small Mine Development Employee Stock Ownership Plan in the asset neighbourhood

Paramount Export Company Employee Stock Ownership PlanParamount Export Company Emp…$13MSmall Mine Development Employee Stock Ownership PlanSmall Mine Development Emplo…$13MVan Boerum & Frank Associates, Inc. Employee Stock Ownership PlanVan Boerum & Frank Associate…$13MCivil Design Concepts Employee Stock Ownership PlanCivil Design Concepts Employ…$13MJordan Machine Company, Inc. Employee Stock Ownership PlanJordan Machine Company, Inc.…$13M
End-of-year total assets ($M) among Small Mine Development Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Mining & Oil Extraction filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)-$11M
Net Income$4M
Employer EIN942866465
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Small Mine Development, LLC)

Sponsor-wide plan assets over time

All Small Mine Development, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$67M 44.204738341831295% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $46.4M $66.9M ▲ +44.2%
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 Scatter plot of 6 data points. -500005000100001500020000 -20246 Total assets ($B) Participants Small Mine Development Employee Stock Ownership Plan, Total assets ($B): 0.013280095 · Participants: 346Small Mine Development Employee Stock Ownership PlanWinco Employee Stock Ownership Plan, Total assets ($B): 5.045286033 · Participants: 17054Winco Employee Stock Ownership PlanStellar Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.331410874 · Participants: 774Stellar Industries, Inc. Employee Stock Ownership PlanNorco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.269499287 · Participants: 1381Norco, Inc. Employee Stock Ownership PlanMagic Valley Growers, Ltd. Employee Stock Ownership Plan, Total assets ($B): 0.095197829 · Participants: 241Magic Valley Growers, Ltd. Employee Stock Ownership PlanThe Franklin Group, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.090181679 · Participants: 561The Franklin Group, Inc. Employee Stock Ownership Plan and Trust
Small Mine Development Employee Stock Ownership Plan vs. nearby ESOP plans in Idaho, assets vs. participants

Small Mine Development Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Idaho, the nearest ESOP by assets is Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan in UT ($13M); by covered participants it is Shared Medical Services Employee Stock Ownership Plan in WI (346 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 Small Mine Development Employee Stock Ownership Plan assets move in 2024?
Small Mine Development Employee Stock Ownership Plan grew sharply - up 24.8% during 2024, from $11M to $13M. Reported net income was $4M.
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 Van Boerum & Frank Associates, Inc. Employee Stock Ownership Plan in UT ($13M, 117 participants).
Which ESOP plans cover a similar participant headcount to Small Mine Development Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Shared Medical Services Employee Stock Ownership Plan in WI (346 participants, $114M in assets).