ESOP · DOL Form 5500 · 2023

Shively Brothers, Inc. ESOP

Data updated 2026-08-25

$26M
Total assets Below avg plan size
213
Participants Below avg headcount
77th
Percentile by assets National rank
$123,764
Avg per participant Near avg balance/head
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Official DOL plan name: Shively Bros. , Inc. Employee Stock Ownership Plan and Trust · Sponsored by Shively Brothers, Inc. · Michigan · Wholesale Trade

$26M in assets, 213 participants

Shively Brothers, Inc.'s Shively Bros. , Inc. Employee Stock Ownership Plan and Trust reported $26M in total assets and 213 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #4,796 in Wholesale Trade (6,309 peers)

Coverage in Michigan

Shively Bros. , Inc. Employee Stock Ownership Plan and Trust covers 213 participants in Michigan, about 33% of the average Michigan filer (state average ~638 per filing). Assets: $26M.

#4,796
in Wholesale Trade (6,309 peers)
+2.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Shively Bros. , Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Shively Bros. , Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$26,361,635 Top 23% higher than 77% 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

Shively Bros. , Inc. Employee Stock Ownership Plan and 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. Shively Bros. , Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (213 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Shively Bros. , Inc. Employee Stock Ownership Plan and Trust reported net income rose from $308K in the plan year 2022 filing to $641K in the plan year 2023 filing.
  • Shively Bros. , Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $26M in the plan year 2022 filing to $26M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 381334301 · Shively Brothers, Inc. PY 2023 · ESOP

Shively Bros. , Inc. Employee Stock Ownership Plan and Trust · $26M · 213 · 77th

  • PART $26M
  • PART 213
  • PART 77th
  • PART ESOP
  • PART near Palmer Group Employee Stock Ownership Plan
  • PART ind #4796

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 Michigan →

Shively Bros. , Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Software Solutions, Inc. Employee Stock Ownership PlanSoftware Solutions, Inc. Emp…$26MMpd, Inc. Employee Stock Ownership PlanMpd, Inc. Employee Stock Own…$26MPalmer Group Employee Stock Ownership PlanPalmer Group Employee Stock …$26MShively Bros. , Inc. Employee Stock Ownership Plan and TrustShively Bros. , Inc. Employe…$26MMorris & Associates, Inc. Employee Stock Ownership PlanMorris & Associates, Inc. Em…$26M
End-of-year total assets ($M) among Shively Bros. , Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$26M
Net Income$641K
Employer EIN381334301
Plan Effective Date1976-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shively Brothers, Inc.)

Sponsor-wide plan assets over time

All Shively Brothers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 32.386326715968% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $31.2M $41.3M ▲ +32.4%
Year Plans Participants Total Assets
2022 2 426 $31M
2023 2 440 $33M
2024 2 489 $41M

Nearby ESOP Plans in Michigan

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

Shively Bros. , Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 -0.500.511.5 Total assets ($B) Participants Shively Bros. , Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.026361635 · Participants: 213Shively Bros. , Inc. Employee Stock Ownership Plan and TrustMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership Plan
Shively Bros. , Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Shively Bros. , Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

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

Outside Michigan, the nearest ESOP by assets is Palmer Group Employee Stock Ownership Plan in IA ($26M); by covered participants it is Uscb, Inc. Employee Stock Ownership Plan in CA (213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (213 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 Shively Bros. , Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Shively Bros. , Inc. Employee Stock Ownership Plan and Trust edged up modestly - up 2.5% during 2023, from $26M to $26M. Reported net income was $641K.
How have Shively Brothers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shively Brothers, Inc.'s sponsor-wide assets grew 32.4%, from $31M to $41M.
Where does Shively Bros. , Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Shively Bros. , Inc. Employee Stock Ownership Plan and Trust ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Shively Bros. , Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Palmer Group Employee Stock Ownership Plan in IA ($26M, 191 participants).
Which ESOP plans cover a similar participant headcount to Shively Bros. , Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Uscb, Inc. Employee Stock Ownership Plan in CA (213 participants, $23M 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 381334301.

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.