ESOP · DOL Form 5500 · 2024

Smart Information Flow Technologies Holdings, Inc. ESOP

Data updated 2026-08-25

$113K
Total assets Small plan by assets
35
Participants Small participant base
7th
Percentile by assets National rank
$3,239
Avg per participant Low balance/head
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Official DOL plan name: Sift Employee Stock Ownership Plan · Sponsored by Smart Information Flow Technologies Holdings, Inc. · Minnesota · Professional & Technical Services

$113K in assets, 35 participants

Smart Information Flow Technologies Holdings, Inc.'s Sift Employee Stock Ownership Plan reported $113K in total assets and 35 participants in its 2024 DOL Form 5500 filing, ranking in the 7th 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.

  • #1,194 in Professional & Technical Services (20,173 peers)

Smart Information Flow Technologies Holdings, Inc. multi-year trail

Smart Information Flow Technologies Holdings, Inc.'s plans moved +74.4% in assets from 2022 to 2024; this filing shows Sift Employee Stock Ownership Plan at $113K / 35 participants.

#1,194
in Professional & Technical Services (20,173 peers)
+41.7%
assets growth YoY

Sift Employee Stock Ownership Plan among the smaller filed plans by assets

Sift Employee Stock Ownership Plan vs every filed plan by assets

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

$113,378 7th percentile higher than 7% 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

Sift 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. Sift Employee Stock Ownership Plan is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sift Employee Stock Ownership Plan end-of-year assets rose from $80K in the plan year 2023 filing to $113K in the plan year 2024 filing.
  • Sift Employee Stock Ownership Plan reported participants fell from 42 in the plan year 2023 filing to 35 in the plan year 2024 filing.
  • Sift Employee Stock Ownership Plan reported net income rose from $220K in the plan year 2023 filing to $244K in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 882939531 · Smart Information Flow Technologies Holdings, Inc. PY 2024 · ESOP

Sift Employee Stock Ownership Plan · $113K · 35 · 7th

  • BOY $113K
  • BOY 35
  • BOY 7th
  • BOY ESOP
  • BOY near Medlock Employee Stock Ownership Plan
  • BOY ind #1194

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 →

Sift Employee Stock Ownership Plan in the asset neighbourhood

Sift Employee Stock Ownership PlanSift Employee Stock Ownershi…$113KMedlock Employee Stock Ownership PlanMedlock Employee Stock Owner…$114KReliv International Inc. Employee Stock Ownership Plan and TrustReliv International Inc. Emp…$113KPackaging Consultants, Inc. Employee Stock Ownership Plan & TrustPackaging Consultants, Inc. …$115KPrinting Service Company Employee Stock Ownership PlanPrinting Service Company Emp…$115K
End-of-year total assets ($M) among Sift Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Smart Information Flow Technologies Holdings, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Smart Information Flow Technologies Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$113K 74.42769230769231% vs 2022
2024 filing year
$0.06M$0.08M$0.1M$0.12M 202220232024 $0.07M $0.11M ▲ +57.1%
Year Plans Participants Total Assets
2022 1 42 $65K
2023 1 42 $80K
2024 1 35 $113K

Smart Information Flow Technologies Holdings, Inc. filing trail (2024)

Total Assets (Beginning of Year)$80K
Net Assets (End of Year)-$9M
Net Income$244K
Employer EIN882939531
Plan Effective Date2021-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Minnesota

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

Sift Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Sift Employee Stock Ownership Plan, Total assets ($M): 0.113378 · Participants: 35Sift Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Sift Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Sift Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest ESOP by assets is Medlock Employee Stock Ownership Plan in NC ($114K); by covered participants it is Micro Craft ESOP in TN (35 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (35 participants); asset peers above are excluded.

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 Sift Employee Stock Ownership Plan assets move in 2024? ▼
Sift Employee Stock Ownership Plan surged - up 41.7% during 2024, from $80K to $113K. Reported net income was $244K.
How have Smart Information Flow Technologies Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smart Information Flow Technologies Holdings, Inc.'s sponsor-wide assets grew 74.4%, from $65K to $113K.
Where does Sift Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Sift Employee Stock Ownership Plan ranks in the 7th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Sift Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Medlock Employee Stock Ownership Plan in NC ($114K, 11 participants).
Which ESOP plans cover a similar participant headcount to Sift Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Micro Craft ESOP in TN (35 participants, $108 in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 882939531.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.