Plan Ledger DOL Form 5500 · updated monthly

Chestnut Ridge Foam, Inc.ESOP

CHESTNUT RIDGE FOAM, INC. EMPLOYEE STOCK OWNERSHIP PLAN · LATROBE, PA · plan year 2024

Employer contribution per participant · 2024
$17,457

Chestnut Ridge Foam, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $34,137,073 across 146 participant accounts, with employer contributions averaging $17,457 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,078th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,101st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$34,137,073
Participants with balances146
Active participants118
Employer contributions$2,059,892
Employee contributions—
Employer contribution per active participant$17,457
Average account balance$233,816
Benefits paid to participants$2,694,101
Plan auditUnmodified (clean) audit opinion
AuditorGUSKIEWICZ WHITE & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 146 accts · $2.1M emplr
2023$28.7M · 139 accts · $1.6M emplr
2022$26.9M · 140 accts · $1.6M emplr
Employer contributions to the Chestnut Ridge Foam, Inc. plan · 2024
Employer contribution per active participant$17,457
Median for plans this size$2,416
2024$17,457 per active participant
2023$14,955 per active participant
2022$14,295 per active participant

Chestnut Ridge Foam, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Recordkeeper by year2
2024The Standard
2023The Standard

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Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
CHESTNUT RIDGE FOAM, INC. RETIREMENT SAVINGS PLAN401(k)
CHESTNUT RIDGE FOAM, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 251530068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.