ESOP · DOL Form 5500 · 2024

Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co. ESOP

Data updated 2026-07-24

$37M
Total assets: 50
Participants: 80th
Percentile by assets: $743,228
Avg per participant

Official DOL plan name: Ryba Marine Construction Co. Employee Stock Ownership Plan · Sponsored by Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co. · Michigan · Construction

$37M in assets, 50 participants

Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co.'s Ryba Marine Construction Co. Employee Stock Ownership Plan reported $37M in total assets and 50 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

80th percentile by assets (of 116,472 plans)

Where Ryba Marine Construction Co. Employee Stock Ownership Plan sits by assets

Ryba Marine Construction Co. Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $37M for 50 participants (~$743,228/participant), up 19.3% in 2024.

$37M
total plan assets (2024 EOY): 50
covered participants: 80th
percentile by assets (of 116,472 plans): $743,228
avg assets per participant

Ryba Marine Construction Co. Employee Stock Ownership Plan end-of-year assets rose from $31M in the plan year 2023 filing to $37M in the plan year 2024 filing.
Ryba Marine Construction Co. Employee Stock Ownership Plan reported net income rose from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.
Ryba Marine Construction Co. Employee Stock Ownership Plan reported participants rose from 48 in the plan year 2023 filing to 50 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Construction

Ryba Marine Construction Co. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Ryba Marine Construction Co. Employee Stock Ownership Plan outranks 80% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$31M
Net Assets (End of Year)	$22M
Net Income	$6M
Employer EIN	382745465
Plan Effective Date	2018-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co.)

Total plan assets by year, all Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co. plans on file

Year	Plans	Participants	Total Assets
2022	1	49	$26M
2023	1	48	$31M
2024	1	50	$37M

Nearby ESOP Plans in Michigan

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

Ryba Marine Construction Co. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
Lee Contracting, Inc. Employee Stock Ownership Plan $250M · 565
Angelo Iafrate, Inc. Employee Stock Ownership Plan $239M · 46
National Nail Corp. Employee Stock Ownership Plan $235M · 155

Compare Ryba Marine Construction Co. Employee St… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Ryba Marine Construction Co. Employee Stock Ownership Plan by total assets, not by location.

Vps Employee Stock Ownership Plan (SD) $37M · 354
Windings, Inc. 2012 Amended and Restated Employee Stock Ownership Plan (MN) $37M · 148
Emerald Asset Management Employee Stock Ownership Plan (PA) $37M · 38
Active International Employee Stock Ownership Plan (NY) $37M · 389

Frequently Asked Questions

How did Ryba Marine Construction Co. Employee Stock Ownership Plan assets move in 2024? ▼

Ryba Marine Construction Co. Employee Stock Ownership Plan grew sharply - up 19.3% during 2024, from $31M to $37M. Reported net income was $6M.

How have Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co.'s sponsor-wide assets grew 43.6%, from $26M to $37M.

Where does Ryba Marine Construction Co. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Ryba Marine Construction Co. Employee Stock Ownership Plan ranks in the 80th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Ryba Marine Construction Co. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Vps Employee Stock Ownership Plan in SD ($37M, 354 participants).

Next read for Ryba Marine Construction Co. Employee St…

Scale reading

Ways to act on Ryba Marine Construction Co. Employee Stock Ownership Plan's numbers.

By total assets, Ryba Marine Construction Co. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
Morrish-Wallace Construction, Inc. Dba Ryba Marine Construction Co.'s sponsor-wide assets have grown 43.6% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382745465.

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.