ESOP · DOL Form 5500 · 2023

Sullivan Investment Co., Inc. ESOP

Data updated 2026-08-25

$10M
Total assets Small plan by assets
124
Participants Small participant base
60th
Percentile by assets National rank
$84,216
Avg per participant Below avg balance/head
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Official DOL plan name: 859 US Employee Stock Ownership Plan · Sponsored by Sullivan Investment Co., Inc. · Massachusetts · Wholesale Trade

$10M in assets, 124 participants

Sullivan Investment Co., Inc.'s 859 US Employee Stock Ownership Plan reported $10M in total assets and 124 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #3,264 in Wholesale Trade (6,309 peers)

Coverage in Massachusetts

859 US Employee Stock Ownership Plan covers 124 participants in Massachusetts, about 19% of the average Massachusetts filer (state average ~659 per filing). Assets: $10M.

#3,264
in Wholesale Trade (6,309 peers)
-$52M
reported net income

The plan reported a net loss of $52M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

859 US Employee Stock Ownership Plan's mid-pack asset rank among Wholesale Trade and all filers

859 US Employee Stock Ownership Plan vs every filed plan by assets

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

$10,442,747 Top 40% higher than 60% 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

859 US Employee Stock Ownership Plan 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. 859 US Employee Stock Ownership Plan sits mid-pack in the medium band (124 participants).

Published 5500 schedule card

Filing strip 042682840 · Sullivan Investment Co., Inc. PY 2023 · ESOP

859 US Employee Stock Ownership Plan · $10M · 124 · 60th

  • IND $10M
  • IND 124
  • IND 60th
  • IND ESOP
  • IND near Ironsmith, Inc. Employee Stock Ownership Plan
  • IND ind #3264

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 →

859 US Employee Stock Ownership Plan in the asset neighbourhood

D Gormley Inc Employees Profit Sharing PlanD Gormley Inc Employees Prof…$10MFmh Holdings, Inc. Employee Stock Ownership PlanFmh Holdings, Inc. Employee …$10M859 US Employee Stock Ownership Plan859 US Employee Stock Owners…$10MIronsmith, Inc. Employee Stock Ownership PlanIronsmith, Inc. Employee Sto…$10MMsl Electric, Inc. Employee Stock Ownership Stock PlanMsl Electric, Inc. Employee …$10M
End-of-year total assets ($M) among 859 US Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)-$52M
Net Income-$52M
Employer EIN042682840
Plan Effective Date2023-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sullivan Investment Co., Inc.)

Sponsor-wide plan assets over time

All Sullivan Investment Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$114M 44.14723266504721% vs 2022
2024 filing year
$60M$80M$100M$120M 202220232024 $79.3M $114M ▲ +44.2%
Year Plans Participants Total Assets
2022 1 1,083 $79M
2023 2 1,272 $104M
2024 2 2,710 $114M

Nearby ESOP Plans in Massachusetts

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

859 US Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -2000200400600800 Total assets ($M) Participants 859 US Employee Stock Ownership Plan, Total assets ($M): 10.442747 · Participants: 124859 US Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 611.879597 · Participants: 1511Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 349.164775 · Participants: 174The Gillette Company Employee Stock Ownership PlanShawmut Group Employee Stock Ownership Plan, Total assets ($M): 274.195602 · Participants: 716Shawmut Group Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 244.511447 · Participants: 641First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanEastern Bank Employee Stock Ownership Plan, Total assets ($M): 213.345202 · Participants: 1778Eastern Bank Employee Stock Ownership Plan
859 US Employee Stock Ownership Plan vs. nearby ESOP plans in Massachusetts, assets vs. participants

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

Outside Massachusetts, the nearest ESOP by assets is Ironsmith, Inc. Employee Stock Ownership Plan in CA ($10M); by covered participants it is Georgia Theatre Company Employee Stock Ownership Plan in GA (124 participants). Same-state nearby plans are listed separately above.

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 Sullivan Investment Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sullivan Investment Co., Inc.'s sponsor-wide assets grew 44.1%, from $79M to $114M.
Which ESOP plans are similar in size to 859 US Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Ironsmith, Inc. Employee Stock Ownership Plan in CA ($10M, 11 participants).
Which ESOP plans cover a similar participant headcount to 859 US Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Georgia Theatre Company Employee Stock Ownership Plan in GA (124 participants, $5M in assets).