ESOP · DOL Form 5500 · 2024

Schmitty & Sons Holdings, Inc. ESOP

Data updated 2026-08-25

$54M
Total assets Below avg plan size
646
Participants Below avg headcount
85th
Percentile by assets National rank
$83,325
Avg per participant Below avg balance/head
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Official DOL plan name: Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Schmitty & Sons Holdings, Inc. · Minnesota · Transportation & Warehousing

$54M in assets, 646 participants

Schmitty & Sons Holdings, Inc.'s Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reported $54M in total assets and 646 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #2,752 in Transportation & Warehousing (3,299 peers)

Where Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust sits by assets

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $54M for 646 participants (~$83,325/participant), up 37.1% in 2024.

#2,752
in Transportation & Warehousing (3,299 peers)
+37.1%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$53,828,173 Top 15% higher than 85% 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

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust 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. Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (646 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reported net income rose from $8M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $39M in the plan year 2023 filing to $54M in the plan year 2024 filing.
  • Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 490 in the plan year 2023 filing to 646 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 810928055 · Schmitty & Sons Holdings, Inc. PY 2024 · ESOP

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust · $54M · 646 · 85th

  • 5500 $54M
  • ASSETS 646
  • PCT 85th
  • EIN ESOP
  • RANK near Jjf Management Services, Inc. ESOP
  • PHOTO ind #2752

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 →

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Robin Industries, Inc. Employee Stock Ownership PlanRobin Industries, Inc. Emplo…$54MPenmac Staffing Services Inc Employee Stock Ownership PlanPenmac Staffing Services Inc…$54MJjf Management Services, Inc. ESOPJjf Management Services, Inc…$54MSchmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and TrustSchmitty & Sons Holdings, In…$54MKetchum & Walton Employee Stock Ownership PlanKetchum & Walton Employee St…$54M
End-of-year total assets ($M) among Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$53M
Net Income$15M
Employer EIN810928055
Plan Effective Date2015-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schmitty & Sons Holdings, Inc.)

Sponsor-wide plan assets over time

All Schmitty & Sons Holdings, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$67M 111.08416228762721% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $31.8M $67M ▲ +111.1%
Year Plans Participants Total Assets
2022 1 451 $32M
2023 2 998 $50M
2024 2 1,336 $67M

Nearby ESOP Plans in Minnesota

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

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 020040060080010001200 Total assets ($M) Participants Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 53.828173 · Participants: 646Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and TrustAndersen 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
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Jjf Management Services, Inc. ESOP in MD ($54M); by covered participants it is The Boldt Group, Inc. Employee Stock Ownership Plan in WI (645 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (646 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 Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust assets move in 2024? ▼
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust surged - up 37.1% during 2024, from $39M to $54M. Reported net income was $15M.
How have Schmitty & Sons Holdings, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schmitty & Sons Holdings, Inc.'s sponsor-wide assets grew 111.1%, from $32M to $67M.
Where does Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Jjf Management Services, Inc. ESOP in MD ($54M, 1,850 participants).
Which ESOP plans cover a similar participant headcount to Schmitty & Sons Holdings, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is The Boldt Group, Inc. Employee Stock Ownership Plan in WI (645 participants, $116M 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 810928055.

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.