ESOP · DOL Form 5500 · 2022

Schonsheck, Inc. ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
11
Participants Small participant base
28th
Percentile by assets National rank
$117,501
Avg per participant Below avg balance/head
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Official DOL plan name: Schonsheck, Inc. ESOP · Sponsored by Schonsheck, Inc. · Michigan · Construction

$1M in assets, 11 participants

Schonsheck, Inc.'s Schonsheck, Inc. ESOP reported $1M in total assets and 11 participants in its 2022 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,492 in Construction (9,927 peers)

What the 2022 filing shows

Schonsheck, Inc. ESOP holds $1M for 11 participants - about $117,501 per participant, in the lower half of filed plans by assets.

#2,492
in Construction (9,927 peers)
+1.3%
assets growth YoY

Schonsheck, Inc. ESOP among the smaller filed plans by assets

Schonsheck, Inc. ESOP vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,292,510 28th percentile higher than 28% of 139,123 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 2022

Schonsheck, Inc. ESOP among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schonsheck, Inc. ESOP is a small filing (11 participants) on this national headcount ladder.

DOL schedule card

Filing strip 382629985 · Schonsheck, Inc. PY 2022 · ESOP

Schonsheck, Inc. ESOP · $1M · 11 · 28th

  • SCH $1M
  • EBSA 11
  • PART 28th
  • TYPE ESOP
  • NET near S.S. Papadopulos & Associates, Inc. Employee Stock Ownership Plan
  • BOOK ind #2492

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 Michigan →

Schonsheck, Inc. ESOP in the asset neighbourhood

Schonsheck, Inc. ESOP$1MS.S. Papadopulos & Associates, Inc. Employee Stock Ownership PlanS.S. Papadopulos & Associate…$1MDelta General Agency Employee Stock Ownership Plan and TrustDelta General Agency Employe…$1MEdgerton Gear, Inc. Employee Stock Ownership PlanEdgerton Gear, Inc. Employee…$1MQuantum Controls, Inc. Employee Stock Ownership PlanQuantum Controls, Inc. Emplo…$1M
End-of-year total assets ($M) among Schonsheck, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income$17K
Employer EIN382629985
Plan Effective Date1998-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Schonsheck, Inc.)

Sponsor-wide plan assets over time

All Schonsheck, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 1.7101500615365515% vs 2022
2024 filing year
$4.3M$4.4M$4.5M$4.6M$4.7M 202220232024 $4.38M $4.46M ▲ +1.8%
Year Plans Participants Total Assets
2022 2 22 $4M
2023 2 18 $5M
2024 2 22 $4M

Nearby ESOP Plans in Michigan

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

Schonsheck, Inc. ESOP vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -0.500.511.5 Total assets ($B) Participants Schonsheck, Inc. ESOP, Total assets ($B): 0.00129251 · Participants: 11Schonsheck, Inc. ESOPMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.052163391 · Participants: 1155Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.725583306 · Participants: 1817The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.394784403 · Participants: 977Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.191093331 · Participants: 209Motor City Electric Co. Employee Stock Ownership PlanBandit Holding Company, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.181896 · Participants: 591Bandit Holding Company, Inc. Employee Stock Ownership Plan
Schonsheck, Inc. ESOP vs. nearby ESOP plans in Michigan, assets vs. participants

Schonsheck, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is S.S. Papadopulos & Associates, Inc. Employee Stock Ownership Plan in MD ($1M); by covered participants it is Alaska Litho, Inc Employee Stock Ownership Plan in AK (11 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Schonsheck, Inc. ESOP assets move in 2022?
Schonsheck, Inc. ESOP edged up modestly - up 1.3% during 2022, from $1M to $1M. Reported net income was $17K.
How have Schonsheck, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Schonsheck, Inc.'s sponsor-wide assets grew 1.7%, from $4M to $4M.
Which ESOP plans are similar in size to Schonsheck, Inc. ESOP?
Among ESOP plans in other states, the closest by assets is S.S. Papadopulos & Associates, Inc. Employee Stock Ownership Plan in MD ($1M, 54 participants).
Which ESOP plans cover a similar participant headcount to Schonsheck, Inc. ESOP?
Among ESOP plans in other states, the closest by covered participants is Alaska Litho, Inc Employee Stock Ownership Plan in AK (11 participants, $171K in assets).