ESOP · DOL Form 5500 · 2023

Sbi, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
222
Participants Below avg headcount
48th
Percentile by assets National rank
$27,699
Avg per participant Low balance/head
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Official DOL plan name: Safe Boats International Employee Stock Plan & Trust · Sponsored by Sbi, Inc. · Washington · Manufacturing

$6M in assets, 222 participants

Sbi, Inc.'s Safe Boats International Employee Stock Plan & Trust reported $6M in total assets and 222 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #6,035 in Manufacturing (18,722 peers)

Coverage in Washington

Safe Boats International Employee Stock Plan & Trust covers 222 participants in Washington, about 15% of the average Washington filer (state average ~1,476 per filing). Assets: $6M.

#6,035
in Manufacturing (18,722 peers)
$2M
reported net income

Safe Boats International Employee Stock Plan & Trust's mid-pack asset rank among Manufacturing and all filers

Safe Boats International Employee Stock Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,149,133 48th percentile higher than 48% of 127,068 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 2023

Safe Boats International Employee Stock Plan & Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Safe Boats International Employee Stock Plan & Trust sits mid-pack in the medium band (222 participants).

DOL schedule card

Filing strip 884367942 · Sbi, Inc. PY 2023 · ESOP

Safe Boats International Employee Stock Plan & Trust · $6M · 222 · 48th

  • VS-ST $6M
  • BOY 222
  • SCH 48th
  • EBSA ESOP
  • PART near Marshall Industries, Inc. Employee Stock Ownership Plan
  • TYPE ind #6035

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 Washington →

Safe Boats International Employee Stock Plan & Trust in the asset neighbourhood

Aj Asphalt Employee Stock Ownership PlanAj Asphalt Employee Stock Ow…$6MSafe Boats International Employee Stock Plan & TrustSafe Boats International Emp…$6MMarshall Industries, Inc. Employee Stock Ownership PlanMarshall Industries, Inc. Em…$6MThe Doyle & Associates Employee Stock Ownership PlanThe Doyle & Associates Emplo…$6MAmerican Light Company Employees Stock Ownership PlanAmerican Light Company Emplo…$6M
End-of-year total assets ($M) among Safe Boats International Employee Stock Plan & Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$2M
Net Income$2M
Employer EIN884367942
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sbi, Inc.)

Sponsor-wide plan assets over time

All Sbi, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$14M 123.57722625287175% vs 2023
2024 filing year
$5M$10M$15M 20232024 $6.15M $13.8M ▲ +123.6%
Year Plans Participants Total Assets
2023 1 222 $6M
2024 1 215 $14M

Nearby ESOP Plans in Washington

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

Safe Boats International Employee Stock Plan & Trust vs. nearby ESOP plans in Washington, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -101234 Total assets ($B) Participants Safe Boats International Employee Stock Plan & Trust, Total assets ($B): 0.006149133 · Participants: 222Safe Boats International Employee Stock Plan & TrustSchweitzer Engineering Laboratories, Inc. Employee Stock Ownership Plan, Total assets ($B): 2.966454558 · Participants: 3694Schweitzer Engineering Laboratories, Inc. Employee Stock Ownership PlanTriple B Corporation Employee Stock Ownership Plan, Total assets ($B): 0.2780946 · Participants: 1123Triple B Corporation Employee Stock Ownership PlanManson Construction Co. Non-Craft Employee Stock Ownership Plan, Total assets ($B): 0.183263152 · Participants: 310Manson Construction Co. Non-Craft Employee Stock Ownership PlanParametrix, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.140162337 · Participants: 570Parametrix, Inc. Employee Stock Ownership PlanThe Plexsys Interface Products, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.114343989 · Participants: 183The Plexsys Interface Products, Inc. Employee Stock Ownership Plan
Safe Boats International Employee Stock Plan & Trust vs. nearby ESOP plans in Washington, assets vs. participants
Compare Safe Boats International Employee Stock Plan & Trust side-by-side with 3 peers →

Safe Boats International Employee Stock Plan & Trust's out-of-state ESOP peers by assets and headcount

Outside Washington, the nearest ESOP by assets is Marshall Industries, Inc. Employee Stock Ownership Plan in UT ($6M); by covered participants it is Woodward Communications, Inc Employee Stock Ownership Plan in IA (222 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (222 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have Sbi, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Sbi, Inc.'s sponsor-wide assets grew 123.6%, from $6M to $14M.
Which ESOP plans are similar in size to Safe Boats International Employee Stock Plan & Trust? ▼
Among ESOP plans in other states, the closest by assets is Marshall Industries, Inc. Employee Stock Ownership Plan in UT ($6M, 77 participants).
Which ESOP plans cover a similar participant headcount to Safe Boats International Employee Stock Plan & Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Woodward Communications, Inc Employee Stock Ownership Plan in IA (222 participants, $35M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 884367942.

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.