ESOP · DOL Form 5500 · 2024

Shine516, Inc. ESOP

Data updated 2026-08-25

$144M
Total assets Near avg plan size
207
Participants Below avg headcount
93rd
Percentile by assets National rank
$697,236
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

$144M in assets, 207 participants

Shine516, Inc.'s Shine516, Inc. Employee Stock Ownership Plan reported $144M in total assets and 207 participants in its 2024 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.

  • #7,713 in Retail Trade (8,048 peers)

Coverage in Florida

Shine516, Inc. Employee Stock Ownership Plan covers 207 participants in Florida, about 33% of the average Florida filer (state average ~628 per filing). Assets: $144M.

#7,713
in Retail Trade (8,048 peers)
+11.9%
assets growth YoY
1.4×
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 2024 · DOL Form 5500

$144,327,865 Top 7% higher than 93% 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

Shine516, Inc. Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2024 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 (207 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Shine516, Inc. Employee Stock Ownership Plan reported participants rose from 180 in the plan year 2023 filing to 207 in the plan year 2024 filing.
  • Shine516, Inc. Employee Stock Ownership Plan end-of-year assets rose from $129M in the plan year 2023 filing to $144M in the plan year 2024 filing.
  • Shine516, Inc. Employee Stock Ownership Plan reported net income fell from $17M in the plan year 2023 filing to $16M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 881584593 · Shine516, Inc. PY 2024 · ESOP

Shine516, Inc. Employee Stock Ownership Plan · $144M · 207 · 93rd

  • BOY $144M
  • SCH 207
  • EBSA 93rd
  • PART ESOP
  • TYPE near Stearns Financial Services, Inc. Employee Stock Ownership Plan and Trust
  • NET ind #7713

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

Armstrong Garden Centers, Inc. Employee Stock Ownership PlanArmstrong Garden Centers, In…$146MShine516, Inc. Employee Stock Ownership PlanShine516, Inc. Employee Stoc…$144MStearns Financial Services, Inc. Employee Stock Ownership Plan and TrustStearns Financial Services, …$143M3ls, Inc. Employee Stock Ownership Plan3ls, Inc. Employee Stock Own…$143MPrecision Walls, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employ…$143M
End-of-year total assets ($M) among Shine516, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$129M
Net Assets (End of Year)$112M
Net Income$16M
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. -50000050000100000150000200000 -5051015 Total assets ($B) Participants Shine516, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.144327865 · Participants: 207Shine516, Inc. Employee Stock Ownership PlanPublix Super Markets, Inc. Employee Stock Ownership Plan & Trust, Total assets ($B): 14.286420169 · Participants: 149213Publix Super Markets, Inc. Employee Stock Ownership Plan & TrustRaymond James Financial, Inc. & Affiliates Employee Stock Ownership Plan, Total assets ($B): 1.130328955 · Participants: 16036Raymond James Financial, Inc. & Affiliates Employee Stock Ownership PlanSummit Companies Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.75388536 · Participants: 354Summit Companies Holdings, Inc. Employee Stock Ownership PlanThirty Fifteen Employee Stock Ownership Plan, Total assets ($B): 0.724566492 · Participants: 4730Thirty Fifteen Employee Stock Ownership PlanWestern Global Airlines, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.441212218 · Participants: 353Western Global Airlines, Inc. 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 Stearns Financial Services, Inc. Employee Stock Ownership Plan and Trust in MN ($143M); by covered participants it is The Bank of Greene County Employee Stock Ownership Plan in NY (207 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (207 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 Shine516, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Shine516, Inc. Employee Stock Ownership Plan grew at a solid clip - up 11.9% during 2024, from $129M to $144M. Reported net income was $16M.
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 123,622 plans that reported assets for plan year 2024 (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 Stearns Financial Services, Inc. Employee Stock Ownership Plan and Trust in MN ($143M, 529 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 The Bank of Greene County Employee Stock Ownership Plan in NY (207 participants, $13M in assets).

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 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.