ESOP · DOL Form 5500 · 2024
Smart Information Flow Technologies Holdings, Inc. ESOP
Data updated 2026-08-11
- $113K
- Total assets
- 35
- Participants
- 7th
- Percentile by assets
- $3,239
- Avg per participant
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.
- 7th percentile by assets (of 123,622 plans)
- #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.
- $113K
- total plan assets (2024 EOY)
- 35
- covered participants
- 7th
- percentile by assets (of 123,622 plans)
- $3,239
- avg assets per participant
Where Sift Employee Stock Ownership Plan sits by total 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
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
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.
Smart Information Flow Technologies Holdings, Inc. across 3 plan years on file
Across the 3 plan years Smart Information Flow Technologies Holdings, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $65K to $113K, a gain of 74.4%, while reported participants moved from 42 to 35 (-16.7%). Peak year by sponsor assets: 2024 ($113K); trough: 2022 ($65K).
Smart Information Flow Technologies Holdings, Inc. multi-year asset trail
| 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 EIN | 882939531 |
| Plan Effective Date | 2021-07-01 |
| Filing Status | FILING 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
- Andersen Corporation Employee Stock Ownership Plan $963M · 12,104
- Landscape Structures, Inc. Employee Stock Ownership Plan and Trust $594M · 490
- Kingdom Enterprises, Inc. Employee Stock Ownership Plan $594M · 782
- Force America Inc. Employee Stock Ownership Plan $473M · 615
- Ablenet, Inc. Employee Stock Ownership Plan $460M · 134
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Sift Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
How did Sift Employee Stock Ownership Plan assets move in 2024? ▼
How have Smart Information Flow Technologies Holdings, Inc. plan assets changed over time? ▼
Where does Sift Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Which ESOP plans are similar in size to Sift Employee Stock Ownership Plan? ▼
Next read for Sift Employee Stock Ownership Plan
Multi-year trail
Ways to act on Sift Employee Stock Ownership Plan's numbers.
- By total assets, Sift Employee Stock Ownership Plan ranks among the smaller plans by assets on file. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Minnesota. Compare plans
- Smart Information Flow Technologies Holdings, Inc.'s sponsor-wide assets have grown 74.4% since 2022 across 3 plan years on file. More Professional & Technical Services plans