ESOP · DOL Form 5500 · 2024

Sullivan Investment Co., Inc. ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
1,486
Participants Near avg headcount
58th
Percentile by assets National rank
$7,608
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: 859 US Employee Stock Ownership Plan · Sponsored by Sullivan Investment Co., Inc. · Massachusetts · Wholesale Trade

$11M in assets, 1,486 participants

Sullivan Investment Co., Inc.'s 859 US Employee Stock Ownership Plan reported $11M in total assets and 1,486 participants in its 2024 DOL Form 5500 filing, ranking in the 58th 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.

  • #3,049 in Wholesale Trade (6,080 peers)

Coverage in Massachusetts

859 US Employee Stock Ownership Plan covers 1,486 participants in Massachusetts, 2.3x the typical Massachusetts plan (state average ~659 per filing). Assets: $11M.

#3,049
in Wholesale Trade (6,080 peers)
+8.3%
assets growth YoY

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 2024 · DOL Form 5500

$11,305,958 Top 42% higher than 58% of 123,620 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 2024

859 US Employee Stock Ownership Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. 859 US Employee Stock Ownership Plan lands in the large band (1,486 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 859 US Employee Stock Ownership Plan reported participants rose from 124 in the plan year 2023 filing to 1,486 in the plan year 2024 filing.
  • 859 US Employee Stock Ownership Plan reported net income rose from -$52M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • 859 US Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 042682840 · Sullivan Investment Co., Inc. PY 2024 · ESOP

859 US Employee Stock Ownership Plan · $11M · 1,486 · 58th

  • EBSA $11M
  • PART 1,486
  • TYPE 58th
  • NET ESOP
  • BOOK near Southwest Automated Security Inc Employee Stock Ownership Plan
  • VS-ST ind #3049

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

859 US Employee Stock Ownership Plan859 US Employee Stock Owners…$11MBcp Securities, Inc. Employee Stock Ownership PlanBcp Securities, Inc. Employe…$11MSouthwest Automated Security Inc Employee Stock Ownership PlanSouthwest Automated Security…$11MAzon USA, Inc. Employee Stock Ownership PlanAzon USA, Inc. Employee Stoc…$11MTri-County Bank Employee Stock Ownership PlanTri-County Bank Employee Sto…$11M
End-of-year total assets ($M) among 859 US Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)-$50M
Net Income$1M
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): 11.305958 · Participants: 1486859 US Employee Stock Ownership PlanConsigli Building Group Employee Stock Ownership Plan, Total assets ($M): 729.34706 · Participants: 1684Consigli Building Group Employee Stock Ownership PlanThe Gillette Company Employee Stock Ownership Plan, Total assets ($M): 367.792322 · Participants: 139The Gillette Company Employee Stock Ownership PlanFirst Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership Plan, Total assets ($M): 253.372727 · Participants: 445First Amended and Restated Creative Financial Staffing, Inc. Employee Stock Ownership PlanDavid Clark Employee Stock Ownership Plan, Total assets ($M): 182.6375 · Participants: 236David Clark Employee Stock Ownership PlanNew England Biolabs, Inc. Non-Voting Stock Ownership Plan, Total assets ($M): 162.974294 · Participants: 424New England Biolabs, Inc. Non-Voting 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 Southwest Automated Security Inc Employee Stock Ownership Plan in TX ($11M); by covered participants it is Bremer Financial Corporation Employee Stock Ownership Plan in MN (1,485 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,486 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did 859 US Employee Stock Ownership Plan assets move in 2024?
859 US Employee Stock Ownership Plan grew at a solid clip - up 8.3% during 2024, from $10M to $11M. Reported net income was $1M.
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 Southwest Automated Security Inc Employee Stock Ownership Plan in TX ($11M, 96 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 Bremer Financial Corporation Employee Stock Ownership Plan in MN (1,485 participants, $16M in assets).