ESOP · DOL Form 5500 · 2023

Shine516, Inc. ESOP

Data updated 2026-08-11

$129M
Total assets
180
Participants
93rd
Percentile by assets
$716,844
Avg per participant
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Official DOL plan name: Shine516, Inc. Employee Stock Ownership Plan · Sponsored by Shine516, Inc. · Florida · Retail Trade

$129M in assets, 180 participants

Shine516, Inc.'s Shine516, Inc. Employee Stock Ownership Plan reported $129M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 127,072 plans)
  • #8,066 in Retail Trade (8,414 peers)

Coverage in Florida

Shine516, Inc. Employee Stock Ownership Plan covers 180 participants in Florida, about 29% of the average Florida filer (state average ~628 per filing). Assets: $129M.

$129M
total plan assets (2023 EOY)
180
covered participants
93rd
percentile by assets (of 127,072 plans)
$716,844
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shine516, Inc. Employee Stock Ownership Plan reported net income fell from $35M in the plan year 2022 filing to $17M in the plan year 2023 filing.
  • Shine516, Inc. Employee Stock Ownership Plan end-of-year assets rose from $113M in the plan year 2022 filing to $129M in the plan year 2023 filing.
  • Shine516, Inc. Employee Stock Ownership Plan reported participants rose from 178 in the plan year 2022 filing to 180 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Shine516, Inc. Employee Stock Ownership Plan reports 180 participants - about 29% of that state average ($129M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$113M
Net Assets (End of Year)$96M
Net Income$17M
Employer EIN881584593
Plan Effective Date1972-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Shine516, Inc.)

$100M$110M$120M$130M$140M$150M 202220232024 $113M $144M ▲ +28.0%
Total plan assets by year, all Shine516, Inc. plans on file
Year Plans Participants Total Assets
2022 1 178 $113M
2023 1 180 $129M
2024 1 207 $144M

Nearby ESOP Plans in Florida

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

Shine516, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Shine516, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Shine516, Inc. Emplo…Publix Super Markets…Raymond James Financ…Rsr Employee Stock O…Summit Companies Hol…Thirty Fifteen Emplo…
Shine516, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Shine516, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Shine516, Inc. Employee Stock Ownership Plan assets move in 2023?
Shine516, Inc. Employee Stock Ownership Plan grew at a solid clip - up 14.4% during 2023, from $113M to $129M. Reported net income was $17M.
How have Shine516, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Shine516, Inc.'s sponsor-wide assets grew 28.0%, from $113M to $144M.
Where does Shine516, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Shine516, Inc. Employee Stock Ownership Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Shine516, Inc. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Burke, Inc. Employee Stock Ownership Plan in OH ($128M, 346 participants).

Next read for Shine516, Inc. Employee Stock Ownership …

Filing takeaways

Ways to act on Shine516, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Shine516, Inc. Employee Stock Ownership Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Florida. Compare plans
  • Shine516, Inc.'s sponsor-wide assets have grown 28.0% since 2022 across 3 plan years on file. More Retail Trade plans