ESOP · DOL Form 5500 · 2022

Shawmut Group Inc. ESOP

Data updated 2026-08-25

$234M
Total assets Near avg plan size
690
Participants Below avg headcount
96th
Percentile by assets National rank
$339,521
Avg per participant High balance/head
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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.

  • #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.

#9,473
in Construction (9,927 peers)
+11.3%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Shawmut Group Employee Stock Ownership Plan's outsized position by total assets

Shawmut Group Employee Stock Ownership Plan vs every filed plan by assets

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

$234,269,486 Top 4% higher than 96% 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

Shawmut Group Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shawmut Group Employee Stock Ownership Plan sits mid-pack in the medium band (690 participants).

EBSA filing schedule strip

Filing strip 813645861 · Shawmut Group Inc. PY 2022 · ESOP

Shawmut Group Employee Stock Ownership Plan · $234M · 690 · 96th

  • 5500 $234M
  • ASSETS 690
  • PCT 96th
  • EIN ESOP
  • RANK near Dakota Supply Group, Inc. Employee Stock Ownership Plan
  • PHOTO ind #9473

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 Massachusetts →

Shawmut Group Employee Stock Ownership Plan in the asset neighbourhood

Modern Technology Solutions Inc. Employee Stock Ownership Plan and TrustModern Technology Solutions …$235MHatco Corporation Employee Stock Ownership PlanHatco Corporation Employee S…$235MDakota Supply Group, Inc. Employee Stock Ownership PlanDakota Supply Group, Inc. Em…$234MShawmut Group Employee Stock Ownership PlanShawmut Group Employee Stock…$234MBrown Strauss, Inc. Employee Stock Ownership PlanBrown Strauss, Inc. Employee…$233M
End-of-year total assets ($M) among Shawmut Group Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

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.)

Sponsor-wide plan assets over time

All Shawmut Group Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$188M 49.17310831021775% vs 2022
2024 filing year
$100M$200M$300M$400M$500M 202220232024 $370M $188M ▼ -49.2%
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 Scatter plot of 6 data points. 050010001500200025003000 200300400500600 Total assets ($M) Participants Shawmut Group Employee Stock Ownership Plan, Total assets ($M): 234.269486 · Participants: 690Shawmut Group Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 495.023943 · Participants: 1315Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 380.839397 · Participants: 193The Gillette Company Employee Stock Ownership PlanAbt Associates Inc. Employees Stock Ownership Plan, Total assets ($M): 312.177588 · Participants: 2426Abt Associates Inc. Employees Stock Ownership PlanNew England Biolabs, Inc. Voting Stock Ownership Plan, Total assets ($M): 272.105333 · Participants: 386New England Biolabs, Inc. Voting Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 258.836117 · Participants: 1646Eastern Bank Employee Stock Ownership Plan
Shawmut Group Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants
Compare Shawmut Group Employee Stock Ownership Plan side-by-side with 3 peers →

Shawmut Group Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Massachusetts, the nearest ESOP by assets is Dakota Supply Group, Inc. Employee Stock Ownership Plan in ND ($234M); by covered participants it is Highland Homes Employee Stock Ownership Plan in TX (690 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (690 participants); asset peers above are excluded.

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 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).
Which ESOP plans cover a similar participant headcount to Shawmut Group Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Highland Homes Employee Stock Ownership Plan in TX (690 participants, $520M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 813645861.

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.