ESOP · DOL Form 5500 · 2024

Lift, Inc. ESOP

Data updated 2026-08-25

$111M
Total assets Near avg plan size
323
Participants Below avg headcount
91st
Percentile by assets National rank
$343,219
Avg per participant High balance/head
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Official DOL plan name: Lift, Inc. Employee Stock Ownership Plan · Sponsored by Lift, Inc. · Pennsylvania · Wholesale Trade

$111M in assets, 323 participants

Lift, Inc.'s Lift, Inc. Employee Stock Ownership Plan reported $111M in total assets and 323 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #5,646 in Wholesale Trade (6,080 peers)

Coverage in Pennsylvania

Lift, Inc. Employee Stock Ownership Plan covers 323 participants in Pennsylvania, about 39% of the average Pennsylvania filer (state average ~822 per filing). Assets: $111M.

#5,646
in Wholesale Trade (6,080 peers)
+23.0%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Lift, Inc. Employee Stock Ownership Plan's outsized position by total assets

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

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

$110,859,797 Top 9% higher than 91% 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

Lift, Inc. 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. Lift, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (323 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lift, Inc. Employee Stock Ownership Plan reported net income rose from $17M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Lift, Inc. Employee Stock Ownership Plan end-of-year assets rose from $90M in the plan year 2023 filing to $111M in the plan year 2024 filing.
  • Lift, Inc. Employee Stock Ownership Plan reported participants rose from 318 in the plan year 2023 filing to 323 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 232574915 · Lift, Inc. PY 2024 · ESOP

Lift, Inc. Employee Stock Ownership Plan · $111M · 323 · 91st

  • TYPE $111M
  • TYPE 323
  • TYPE 91st
  • TYPE ESOP
  • TYPE near Swca, Inc Employee Stock Ownership Plan and Trust
  • TYPE ind #5646

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 Pennsylvania →

Lift, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Greatland Corporation Employee Stock Ownership PlanGreatland Corporation Employ…$111MH & R Agri-Power Employee Stock Ownership PlanH & R Agri-Power Employee St…$111MSwca, Inc Employee Stock Ownership Plan and TrustSwca, Inc Employee Stock Own…$111MLift, Inc. Employee Stock Ownership PlanLift, Inc. Employee Stock Ow…$111MConsolidated Mill Supply, Inc. Employee Stock Ownership PlanConsolidated Mill Supply, In…$111M
End-of-year total assets ($M) among Lift, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$90M
Net Assets (End of Year)$41M
Net Income$23M
Employer EIN232574915
Plan Effective Date2018-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lift, Inc.)

Sponsor-wide plan assets over time

All Lift, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$147M 42.79342966654175% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $103M $147M ▲ +42.8%
Year Plans Participants Total Assets
2022 2 599 $103M
2023 2 687 $122M
2024 2 732 $147M

Nearby ESOP Plans in Pennsylvania

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

Lift, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Lift, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.110859797 · Participants: 323Lift, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Lift, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Lift, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest ESOP by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($111M); by covered participants it is Mission Driven Employee Stock Ownership Plan in IL (323 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (323 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 Lift, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Lift, Inc. Employee Stock Ownership Plan grew sharply - up 23.0% during 2024, from $90M to $111M. Reported net income was $23M.
How have Lift, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lift, Inc.'s sponsor-wide assets grew 42.8%, from $103M to $147M.
Where does Lift, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Lift, Inc. Employee Stock Ownership Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Lift, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Swca, Inc Employee Stock Ownership Plan and Trust in AZ ($111M, 1,274 participants).
Which ESOP plans cover a similar participant headcount to Lift, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Mission Driven Employee Stock Ownership Plan in IL (323 participants, $126M 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 232574915.

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.