Plan5500

Shively Bros., Inc. Profit Sharing Plan — Form 5500 plan (Shively Bros., Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Shively Bros., Inc. Profit Sharing Plan is a benefit plan reported by Shively Bros., Inc. under EIN 38-1334301 and plan number 003. The latest loaded filing year is 2023. The filing reports 259 participants and $6,315,909 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.3MPlan net assets, end of year$6,315,640
Participants259Covered participants reported
Assets / participant$24.4KComputed: assets ÷ participants$24,386 (computed)
Provider compensation$46.9K1 Schedule C provider row(s)$46,905
Plan sponsor
Shively Bros., Inc.
EIN
38-1334301
Plan number
003
Plan type
2
Location
Flint, MI
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    259 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.3M total assets
Net assets$6.3MLiabilities$269
Money in vs. money out
Total income / additions$1.7M
Total expenses$878.8K
Benefits paid / distributions$830.8K
Contributions
Employer$92.6K
Participant$622.1K
Full reported line items

Net assets

Total assets (EOY)
$6,315,909
Total liabilities (EOY)
$269
Net assets (EOY)
$6,315,640
Net assets (BOY)
$5,458,325

Income & contributions

Employer contributions
$92,573
Participant contributions
$622,133
Total contributions
$714,706
Total income / additions
$1,736,114

Expenses & distributions

Benefits paid
$830,789
Administrative expenses
$48,010
Total expenses
$878,799
Net increase / (decrease)
$857,315
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 13%Participant 87%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income48%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Alerus Financial, N.A.$46.9K
    NONE · Direct $46.9K · Indirect $0

Related Form 5500 pages