ESOP · DOL Form 5500 · 2024

Schonsheck, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
11
Participants Small participant base
28th
Percentile by assets National rank
$155,455
Avg per participant Above avg balance/head
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Official DOL plan name: Schonsheck, Inc. ESOP · Sponsored by Schonsheck, Inc. · Michigan · Construction

$2M in assets, 11 participants

Schonsheck, Inc.'s Schonsheck, Inc. ESOP reported $2M in total assets and 11 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #2,394 in Construction (9,039 peers)

2024 asset change

Schonsheck, Inc. ESOP grew at a solid clip 11.7% in 2024 ($2M → $2M) for 11 participants.

#2,394
in Construction (9,039 peers)
+11.7%
assets growth YoY

Schonsheck, Inc. ESOP among the smaller filed plans by assets

Schonsheck, Inc. ESOP vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,710,002 28th percentile higher than 28% 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

Schonsheck, Inc. ESOP among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schonsheck, Inc. ESOP is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schonsheck, Inc. ESOP reported net income fell from $238K in the plan year 2023 filing to $179K in the plan year 2024 filing.
  • Schonsheck, Inc. ESOP reported participants rose from 9 in the plan year 2023 filing to 11 in the plan year 2024 filing.
  • Schonsheck, Inc. ESOP end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 382629985 · Schonsheck, Inc. PY 2024 · ESOP

Schonsheck, Inc. ESOP · $2M · 11 · 28th

  • BOOK $2M
  • BOOK 11
  • BOOK 28th
  • BOOK ESOP
  • BOOK near Blooming Nursery, Inc. Employee Stock Ownership Plan
  • BOOK ind #2394

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 →

Schonsheck, Inc. ESOP in the asset neighbourhood

Schonsheck, Inc. ESOP$2MBlooming Nursery, Inc. Employee Stock Ownership PlanBlooming Nursery, Inc. Emplo…$2MVisual Interest, Inc. Employee Stock Ownership PlanVisual Interest, Inc. Employ…$2MAir & Hydraulic Equipment, Inc. Employee Stock Ownership PlanAir & Hydraulic Equipment, I…$2MThe Troxel Company Employee Stock Ownership Plan and TrustThe Troxel Company Employee …$2M
End-of-year total assets ($M) among Schonsheck, Inc. ESOP and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Schonsheck, Inc. years around the 2024 move

Sponsor-wide plan assets over time

All Schonsheck, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 1.7101500615365515% vs 2022
2024 filing year
$4.3M$4.4M$4.5M$4.6M$4.7M 202220232024 $4.38M $4.46M ▲ +1.8%
Year Plans Participants Total Assets
2022 2 22 $4M
2023 2 18 $5M
2024 2 22 $4M

2024 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$179K
Employer EIN382629985
Plan Effective Date1998-09-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Michigan

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

Schonsheck, Inc. ESOP vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. -50005001000150020002500 -0.500.511.52 Total assets ($B) Participants Schonsheck, Inc. ESOP, Total assets ($B): 0.001710002 · Participants: 11Schonsheck, Inc. ESOPMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.551258212 · Participants: 1780Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.899849551 · Participants: 1936The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.452711138 · Participants: 1284Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.410252812 · Participants: 218Motor City Electric Co. Employee Stock Ownership PlanLee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.250474411 · Participants: 565Lee Contracting, Inc. Employee Stock Ownership Plan
Schonsheck, Inc. ESOP vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Schonsheck, Inc. ESOP side-by-side with 3 peers →

Schonsheck, Inc. ESOP's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is Blooming Nursery, Inc. Employee Stock Ownership Plan in OR ($2M); by covered participants it is Adelante Consulting, Inc. Employee Stock Ownership Plan in NM (11 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Schonsheck, Inc. ESOP assets move in 2024? ▼
Schonsheck, Inc. ESOP grew at a solid clip - up 11.7% during 2024, from $2M to $2M. Reported net income was $179K.
How have Schonsheck, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schonsheck, Inc.'s sponsor-wide assets grew 1.7%, from $4M to $4M.
Which ESOP plans are similar in size to Schonsheck, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by assets is Blooming Nursery, Inc. Employee Stock Ownership Plan in OR ($2M, 50 participants).
Which ESOP plans cover a similar participant headcount to Schonsheck, Inc. ESOP? ▼
Among ESOP plans in other states, the closest by covered participants is Adelante Consulting, Inc. Employee Stock Ownership Plan in NM (11 participants, $1M 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 382629985.

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.