ESOP · DOL Form 5500 · 2024

Key West Boats, Inc. ESOP

Data updated 2026-08-25

$6M
Total assets Small plan by assets
166
Participants Small participant base
47th
Percentile by assets National rank
$38,864
Avg per participant Low balance/head
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Official DOL plan name: Key West Boats, Inc. Employee Stock Ownership Plan · Sponsored by Key West Boats, Inc. · South Carolina · Manufacturing

$6M in assets, 166 participants

Key West Boats, Inc.'s Key West Boats, Inc. Employee Stock Ownership Plan reported $6M in total assets and 166 participants in its 2024 DOL Form 5500 filing, ranking in the 47th 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.

  • #5,405 in Manufacturing (17,777 peers)

Coverage in South Carolina

Key West Boats, Inc. Employee Stock Ownership Plan covers 166 participants in South Carolina, about 45% of the average South Carolina filer (state average ~369 per filing). Assets: $6M.

#5,405
in Manufacturing (17,777 peers)
+0.2%
assets growth YoY

Key West Boats, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Key West Boats, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$6,451,343 47th percentile higher than 47% 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

Key West Boats, 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. Key West Boats, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2024

  • Key West Boats, Inc. Employee Stock Ownership Plan reported net income fell from $489K in the plan year 2022 filing to $12K in the plan year 2024 filing.
  • Key West Boats, Inc. Employee Stock Ownership Plan reported participants fell from 200 in the plan year 2022 filing to 166 in the plan year 2024 filing.
  • Key West Boats, Inc. Employee Stock Ownership Plan end-of-year assets rose from $6M in the plan year 2022 filing to $6M in the plan year 2024 filing.

See the national 2022→2024 release diff →

EBSA filing schedule strip

Filing strip 570857357 · Key West Boats, Inc. PY 2024 · ESOP

Key West Boats, Inc. Employee Stock Ownership Plan · $6M · 166 · 47th

  • RANK $6M
  • RANK 166
  • RANK 47th
  • RANK ESOP
  • RANK near Elm Electrical, Inc. Employee Stock Ownership Plan
  • RANK ind #5405

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 South Carolina →

Key West Boats, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Elm Electrical, Inc. Employee Stock Ownership PlanElm Electrical, Inc. Employe…$6MLeighton Enterprises, Inc. Employee Stock Ownership PlanLeighton Enterprises, Inc. E…$6MKey West Boats, Inc. Employee Stock Ownership PlanKey West Boats, Inc. Employe…$6MWoodland Cabinetry, Inc. Employee Stock Ownership PlanWoodland Cabinetry, Inc. Emp…$6MNlsc Employee Stock Ownership PlanNlsc Employee Stock Ownershi…$6M
End-of-year total assets ($M) among Key West Boats, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

South Carolina filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income$12K
Employer EIN570857357
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Key West Boats, Inc.)

Sponsor-wide plan assets over time

All Key West Boats, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 21.191826501677404% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $12.8M $15.5M ▲ +21.2%
Year Plans Participants Total Assets
2022 2 328 $13M
2023 1 145 $8M
2024 2 307 $15M

Nearby ESOP Plans in South Carolina

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

Key West Boats, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 51015202530 Total assets ($M) Participants Key West Boats, Inc. Employee Stock Ownership Plan, Total assets ($M): 6.451343 · Participants: 166Key West Boats, Inc. Employee Stock Ownership PlanAl's Liquor Store Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 25.654978 · Participants: 56Al's Liquor Store Holdings, Inc. Employee Stock Ownership PlanLife Cycle Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 25.112249 · Participants: 373Life Cycle Engineering, Inc. Employee Stock Ownership PlanNgroup Employee Stock Ownership Plan, Total assets ($M): 24.95 · Participants: 1859Ngroup Employee Stock Ownership PlanDwg, Inc. Consulting Engineers Employee Stock Ownership Plan, Total assets ($M): 20.702964 · Participants: 31Dwg, Inc. Consulting Engineers Employee Stock Ownership PlanSynergi Employee Stock Ownership Plan, Total assets ($M): 16.915451 · Participants: 286Synergi Employee Stock Ownership Plan
Key West Boats, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in South Carolina, assets vs. participants
Compare Key West Boats, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Key West Boats, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside South Carolina, the nearest ESOP by assets is Elm Electrical, Inc. Employee Stock Ownership Plan in MA ($6M); by covered participants it is Burwood Group, Inc. Employee Stock Ownership Plan in IL (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Key West Boats, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Key West Boats, Inc. Employee Stock Ownership Plan held essentially flat - up 0.2% during 2024, from $6M to $6M. Reported net income was $12K.
How have Key West Boats, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Key West Boats, Inc.'s sponsor-wide assets grew 21.2%, from $13M to $15M.
Which ESOP plans are similar in size to Key West Boats, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Elm Electrical, Inc. Employee Stock Ownership Plan in MA ($6M, 206 participants).
Which ESOP plans cover a similar participant headcount to Key West Boats, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Burwood Group, Inc. Employee Stock Ownership Plan in IL (166 participants, $4M 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 570857357.

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.