ESOP · DOL Form 5500 · 2023

Shine516, Inc. ESOP

Data updated 2026-08-25

$129M
Total assets Near avg plan size
180
Participants Small participant base
93rd
Percentile by assets National rank
$716,844
Avg per participant High balance/head
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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.

  • #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.

#8,066
in Retail Trade (8,414 peers)
+14.4%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Shine516, Inc. Employee Stock Ownership Plan's outsized position by total assets

Shine516, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$129,031,925 Top 7% higher than 93% 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

Shine516, Inc. 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. Shine516, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (180 participants).

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 →

Form 5500 schedule snapshot

Filing strip 881584593 · Shine516, Inc. PY 2023 · ESOP

Shine516, Inc. Employee Stock Ownership Plan · $129M · 180 · 93rd

  • ASSETS $129M
  • ASSETS 180
  • ASSETS 93rd
  • ASSETS ESOP
  • ASSETS near Burke, Inc. Employee Stock Ownership Plan
  • ASSETS ind #8066

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 Florida →

Shine516, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Georgia Cryoservices Employee Stock Ownership PlanGeorgia Cryoservices Employe…$130MShine516, Inc. Employee Stock Ownership PlanShine516, Inc. Employee Stoc…$129MBurke, Inc. Employee Stock Ownership PlanBurke, Inc. Employee Stock O…$128MRoberts Hawaii, Inc. Employee Stock Ownership PlanRoberts Hawaii, Inc. Employe…$128MGpf Life and Health Benefits Co. Employee Stock Ownership PlanGpf Life and Health Benefits…$128M
End-of-year total assets ($M) among Shine516, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Shine516, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$144M 28.012048406494728% vs 2022
2024 filing year
$100M$110M$120M$130M$140M$150M 202220232024 $113M $144M ▲ +28.0%
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 Scatter plot of 6 data points. -50000050000100000150000 -5051015 Total assets ($B) Participants Shine516, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.129031925 · Participants: 180Shine516, Inc. Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 11.810430673 · Participants: 141229Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 0.836004639 · Participants: 15500Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanRsr Employee Stock Ownership Plan, Total assets ($B): 0.390019755 · Participants: 382Rsr Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.367604547 · Participants: 233Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.324400117 · Participants: 5365Thirty Fifteen Employee Stock Ownership Plan
Shine516, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Florida, assets vs. participants
Compare Shine516, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Shine516, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Florida, the nearest ESOP by assets is Burke, Inc. Employee Stock Ownership Plan in OH ($128M); by covered participants it is Covenant Eyes, Inc. Employee Stock Ownership Plan in MI (180 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (180 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 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).
Which ESOP plans cover a similar participant headcount to Shine516, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Covenant Eyes, Inc. Employee Stock Ownership Plan in MI (180 participants, $8M 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 881584593.

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.