ESOP · DOL Form 5500 · 2022

Shawmut Group Inc. ESOP

Data updated 2026-08-11

$234M
Total assets
690
Participants
96th
Percentile by assets
$339,521
Avg per participant
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Official DOL plan name: Shawmut Group Employee Stock Ownership Plan · Sponsored by Shawmut Group Inc. · Massachusetts · Construction

$234M in assets, 690 participants

Shawmut Group Inc.'s Shawmut Group Employee Stock Ownership Plan reported $234M in total assets and 690 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #9,473 in Construction (9,927 peers)

Where Shawmut Group Employee Stock Ownership Plan sits by assets

Shawmut Group Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $234M for 690 participants (~$339,521/participant), up 11.3% in 2022.

$234M
total plan assets (2022 EOY)
690
covered participants
96th
percentile by assets (of 139,126 plans)
$339,521
avg assets per participant
Industry

Shawmut Group Employee Stock Ownership Plan vs the 2022 asset distribution

By assets, Shawmut Group Employee Stock Ownership Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$204M
Net Income$27M
Employer EIN813645861
Plan Effective Date1997-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shawmut Group Inc.)

$100M$200M$300M$400M$500M 202220232024 $370M $188M ▼ -49.2%
Total plan assets by year, all Shawmut Group Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,505 $370M
2023 2 1,538 $433M
2024 1 872 $188M

Nearby ESOP Plans in Massachusetts

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

Shawmut Group Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

Shawmut Group Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 200300400500600 Total assets ($M) Participants Shawmut Group Employ…Consigli Building Gr…The Gillette Company…Abt Associates Inc. …New England Biolabs,…Eastern Bank Employe…
Shawmut Group Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Shawmut Group Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Shawmut Group Employee Stock Ownership Plan assets move in 2022?
Shawmut Group Employee Stock Ownership Plan grew at a solid clip - up 11.3% during 2022, from $211M to $234M. Reported net income was $27M.
How have Shawmut Group Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shawmut Group Inc.'s sponsor-wide assets declined 49.2%, from $370M to $188M.
Where does Shawmut Group Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Shawmut Group Employee Stock Ownership Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Shawmut Group Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Dakota Supply Group, Inc. Employee Stock Ownership Plan in ND ($234M, 616 participants).

Next read for Shawmut Group Employee Stock Ownership P…

Scale reading

Ways to act on Shawmut Group Employee Stock Ownership Plan's numbers.

  • By total assets, Shawmut Group Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Massachusetts. Compare plans
  • Shawmut Group Inc.'s sponsor-wide assets have declined 49.2% since 2022 across 3 plan years on file. More Construction plans